— VerifyYourBrain

Everyone keeps talking about the Metaverse without realizing how stupid that idea is without Web 3.0

Since you mentioned Netflix, I'm curious on your thoughts on copyright ownership in the future. If we look at Splinterlands for example, card rentals are a natural evolution for trading card games yet no one came up with a simple solution until Splinterlands came along.

What if we took that same model to the extreme? I create a movie that I don't want to sell to Netflix but I also don't have money to advertise it. Taskmaster comes along and says "let me rent the rights to that move for a week at a fixed price". Taskmaster then proceeds to sell "watching rights" to people, also at a fixed price, ending up with a net profit after 7 days of distribution.

If we can pack the video material along with the copyright on the same NFT I see no reason why this won't work.

Posted Using LeoFinance ^Beta

Ownership is going to change and people are going to get very creative.

I also feel that a lot of what we do is going to be open sourced to a degree. Like with this, I post on Hive but it is basically out there. It is on blockchain and monetized but only for a certain period. NFTs will help with ownership and distribution.

IP is going to be very interesting. How do we deal with it? Hard to say. What happens over time is things get demonetized as technology expands.

What about if a movie is totally developed by AI? What then? And how about the DAO as an ownership model? Perhaps you incentivize the viewers with some type of token ownership.

A lot of interesting ideas can come from this thought exercise.

Posted Using LeoFinance ^Beta