All major live events, including the 2023 Rugby World Cup and the 2024 Paris Olympics, are preparing a shift to NFT tickets to increase security, prevent fraud, fight black market scalpers, and increase revenue streams. The National Basketball Association (NBA) has already made over USD 1 billion through their NBA Top Shot NFT collectible line, and Kings of Leon has minted NFT 'golden tickets' that unlock front-row concert tickets for life. NFT ticketing is still an emerging technology but with a projected market volume of USD 94.27 billion by 2026.
Thanks to new tech developments Elvis never left the building. The same can be said about ABBA and their “ABBAtars” still on stage. ABBA is developing new frontiers with their virtual Voyage tour, exactly as their Viking predecessors did thousand years ago.
Everything known in the physical world will soon be experienced as a digital 3D twin in the metaverse. The metaverse will interact with the real world via NFTs in countless unpredictable ways.
Big influencers in Hollywood, incl. Fox, Warner Bros, Lionsgate, Reese Witherspoon and Quintin Tarantino are effectively using NFTs to increase user engagement, interaction and create new revenue streams for all parties involved, including the fans and the community.
Did you know that the global gaming industry is more than twice the combined size of the worldwide film industry and the recorded music industry? NFTs in eSports & gaming is big business and here is why.
What do artists like Snoop Dogg, Kings of Leon, Shawn Mendes, Grimes and The Weeknd have in common? They are all raising millions on NFTs and digital assets.