Could blockchain redefine storytelling in Hollywood? A new platform aims to revolutionize intellectual property through collaboration. With recent industry turmoil and AI's creeping influence, the hosts tackle the balance between innovation and tradition. They also delve into the potential for fair creator compensation within this new model. Plus, they discuss quirky food trends and the surprising merging strategies of Frontier and Spirit. Tune in for insights and a fresh look at the future of entertainment!
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Quick takeaways
The podcast discusses Incension's blockchain storytelling platform as a revolutionary way to empower creators and ensure fair compensation.
Concerns regarding the practical implementation, sustainability, and potential gatekeeping of blockchain storytelling highlight challenges in disrupting existing creative ecosystems.
Deep dives
Streamlining Marketing with AI
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Blockchain's Creative Potential
The emerging platform Incension offers a novel approach to storytelling by leveraging blockchain technology, which serves to empower creators and ensure fair compensation. With David S. Goyer backing the project, Incension envisions a collaborative universe called 'Emergence,' where various artists can contribute to a shared narrative. This model draws parallels to existing online creative communities where collaboration occurs without financial incentives, challenging traditional views of storytelling ownership. By archiving contributions on the blockchain, creators can receive recognition and compensation, potentially reshaping the landscape of intellectual property in creative industries.
Skepticism Surrounds AI and Blockchain in Creativity
Despite the promising aspects of Incension, there are significant doubts about its practical implementation and sustainability within a rapidly evolving creative landscape. Concerns arise over how creators will be compensated for their contributions, as well as the extent to which AI will impact the creative process alongside human input. Many users already enjoy sharing their work in communities without cost or restrictions, leading to questions about why they would opt for a platform that may introduce gatekeeping. Thus, while the concept of a blockchain-based storytelling model is intriguing, its accessibility and functionality will determine whether it can effectively challenge existing creative ecosystems.
Could we see entertainment and IPs pivot to he blockchain? Incention, a new blockchain storytelling platform, is looking to make IP invention collaborative. Given Hollywood’s recent issues, does this kind of storytelling tech have legs? Plus: Frontier bids to merge with Spirit again and Fox makes millions per Superbowl ad.
Join our hosts Jon Weigell and Juliet Bennett as they take you through our most interesting stories of the day.
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