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“Preserving Intellectual Property and Royalties:” Smart contracts embedded in NFTs can automatically enforce royalty payments to creators every time the film is streamed, sold, or licensed. This not only ensures fair compensation for everyone involved in the filmmaking process but also simplifies the often complex and opaque royalty distribution systems.
“NFT Film Festivals and Virtual Premieres:” NFTs are making waves in the realm of film festivals, with exclusive NFT access serving as a ticket to virtual premieres and screenings. This not only enhances the accessibility of film festivals but also provides a secure and traceable way to manage digital ticketing and audience participation.
