Ready or Not, Here Comes Web3: How the Internet’s Next Evolution Is Shaping Hollywood’s Future [Variety]

Ready or Not, Here Comes Web3: How the Internet’s Next Evolution Is Shaping Hollywood’s Future [Variety]

BY CYNTHIA LITTLETON

August 17, 2022 | Stoner Cats, CryptoPunks and Bored Apes. Blockchains and metaverses. Crypto-currencies and non-fungible tokens.

Over the past 12 months, as the world has eased out of pandemic crisis mode, the pop culture-verse and the Wall Street-verse have been rife with discourse and deal-making around a belief in the revolutionary potential of mind-bendingly complicated, internet-enabled new systems of communication, content creation, supply-chain management, legal documentation and banking. This emerging world has a nomenclature all its own — the digital version of a velvet rope — but in general it refers to technologies and wildly complex computer processing applications (also referred to as data mining) that fall under the broad heading of “Web3.”

Read more on Variety.

Related Articles:
From 2D to Web3: Disney is Working on a Metaverse Game Plan [LA Times]