Blockchain
Hollywood GFT™ Digital Collectibles find a marketplace in partnership with Greenfence Consumer and OpenSea.io
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From Fox Entertainment’s Deadpool 2 to Director Joe Dante’saward-winning “Trailers From Hell”, studio’s and creator’s digital assets are finding their way to the blockchain and are being traded through the GFT
Exchange. Announced during Blockchain Week at the Consensus 2019 event in New York, Greenfence Consumer and OpenSea.io have partnered to enable iconic Hollywood intellectual properties to be traded through a decentralized, whitelisted, marketplace. The platform enables fans and collectors of sports, movies, TV, music, game items, art, etc., to trade, sell and purchase assets in a decentralized marketplace, maintaining provenance, security, and trust for the IP owners.
The GFT Exchange is a decentralized marketplace where iconic IP is managed through both public and private blockchains. The GFT Exchange allows for an asset from a private chain to move to public chain and carry any contractual agreements a rights holder places upon the asset through a smart contract. Examples include revenue for IP holders beyond the first sale, promotional or marketing windowing, and other asset rules that allow the IP owner to be able to manage and control the growing business.
OpenSea.io is the first partnership with Greenfence Consumer to enable fans to trade, sell and purchase GFT Authentic Digital Collectibles.
“OpenSea.io has provided a public gateway for our protected private chain distribution of promotional and sell-through Hollywood IP,” says Jonas Hudsonof Greenfence Consumer. “By protecting the “release schedule” of the digital assets we can help studios control digital distribution and protect their assets from fraud while generating a new revenue stream above and beyond the first sale of the asset.
“The GFT platform has been taking a huge leap forward in giving fans true ownership of their digital collectibles.” says Alex Atallah, Co-Founder of OpenSea.io. “Before this, digital assets were hard to verify/value and IP owners weren’t being reliably compensated. Bringing Hollywood assets to the Ethereum public chain on OpenSea is a significant step forward for fixing both problems, and we look forward to seeing more!”
GFT Collectibles From Trailers From Hell
“Trailers From Hell launched over a decade ago during the infancy of mobile content and continues to partner with leaders in new technology advancements,” said Joe Dante, Creator, and Co-Founder of Trailers From Hell. “For over 10 years we’ve created content and the blockchain finally enables a “DRM” solution to create valuable, trusted, collectibles for our fans.”
“Trailers From Hell fans are incredibly loyal and informed film fans,” said Jonas Hudson, Co-Founder of Greenfence Consumer. “The blockchain is the first technology to create trust and transparency for the fanbase and enables a perfect platform for the collectors of all things Hollywood.”
SOURCE Greenfence Consumer
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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