Donald Trump’s NFT release, Amazon’s new NFT documentary, and family-friendly NFTs. All that and more in this week’s NFT newsletter.
With Web3 making its way to various industries like filmmaking, one movie director believes that tools like NFTs and soulbound tokens — digital identity tokens representing a person or entity — can serve cinema in various ways., shared his perspective on integrating Web3 tools into cinema. According to Fung, there are many potential intersections between Web3 and film, such as fan engagement in movies shown in the metaverse and film characters coming from the Web3 space.
According to the producers, the show wants to become the “MTV of NFTs” and provide go-to information about the topic. It will present NFTs in an easy-to-understand way, introducing viewers to the opportunities in Web3.Adoption and onboarding are two of the biggest challenges in Web3. However, by making projects family-friendly, the NFT space can solve the adoption challenge.
Speaking to Cointelegraph, Jeremy Fisher, the founder of NFT project Lucky Ducky, shared his belief that introducing NFTs and Web3 concepts to kids is a good way to encourage adoption. Additionally, while parents can handle buying and selling assets, NFTs can be a great way to teach kids about investing.Former United States president Donald Trump recently announced his NFT project through the social media platform Truth Social.
Various people reacted to the NFT drop, with some labeling the project as a SimpDAO, referring to fans labeled as “simps” who will take any opportunity to show their love and support for their idols.Speaking to Cointelegraph on the NFT Steez podcast, Gareb Shamus, the founder of Kumite NFT, shared his thoughts on how NFT projects can engage with their communities via storytelling. According to Shamus, engagement allowed him to reach billions of people around the world.
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