The film industry is making a slowed entrance into the Web3 space, but one director believes Web3 tools are exactly what the industry needs.
. He suggested using Discord for NFTs as a “writers’ room” to include the community, which is usually a “closed doors” element in filmmaking.
The director also highlighted who SBTs can help creators differentiate those who are in it for reselling NFTs and those who have a passion for the project.Fung continued to say that as far as Web3 movies go, there is no definition at the moment, rather two perspectives: “either a movie that stems from characters that originated from the Web3 space,” he says, “Like if the Bored Ape Yacht Club were to make a movie.
Or if there is a film shown inside a metaverse. In other words taking a standard cinematic film and Web3-izing it through the ways viewers interact with it. Overall, the director emphasized that this is still a time of development for the whole space, therefore those in cinema should allow for “some level of being risky” as they step into the space and explore.
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