Stock prices for Netflix, Disney, Warner Bros. Discovery and Paramount Global are all down on the year as Wall Street refuses to reward an array of different entertainment media strategies. As Hollywood desperately searches for the next lucrative (and necessary) growth engine amid a time of tumultuous uncertainty, Full Mint Films has become a microcosm for the growing convergence between Web3 and the entertainment industry.
With the recent emphasis on NFTs (nonfungible tokens), the hopes for a decentralized internet free from powerful technology companies (Web3), and a user-centric model, the media business has taken note of emerging opportunities. It’s true that NFT sales have fallen upwards of 90% from a September peak, per the Wall