How Artists Can Circumvent Traditional Entertainment Structures And Create Authentic Fan Experience
, 2023-01-02 02:47:30,
PARIS, FRANCE – NOVEMBER 30: Weeknd poses during the runway at Victoria’s Secret Fashion … [+]
When blockchain technology first appeared, most people saw it as the foundation that ushered in a new world of decentralized finance. And while it is that, it is much more like heralded the arrival of Web3.0. This is the latest iteration of the internet and is essentially a fully decentralized, transparent and immutable set of tools that is transforming the way we use the internet.
With the emergence of various cryptocurrencies, NFTs, DOAs, dApps, and even the metaverse, we understand that the transformation of Web3.0 extends well beyond finance. One place that is already proving to be a new lease on life is entertainment. The creator economy is finding ways to use Web3.0 solutions to further their careers in a way that is more immersive, impactful, and profitable for creators and their fans.
“The advent of Web 3.0 doesn’t exactly mean the end of the world for Facebook, YouTube, Spotify, Twitter and all the other Web 2.0 technologies that have improved our lives over the years. But it does mean that we will have to enter this new world to stay relevant and have the best chance to grow,” says Christopher Khorsandi, founder of Gybsy, a Web3.0 commerce platform that caters to venues, artists and their fans.
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