Fox launches $100M creative fund for NFT content creation
Fox has announced a $100 million fund under its NFT firm Blockchain Creative Labs, and is set to launch a range of NFT content, digital goods, and assets. Rupert Murdoch's mass media company Fox Corp. has launched a $100 million creative fund for NFTs, under the auspices of its ne NFT firm Blockchain Creative Labs.The NFT division was unveiled last month alongside a new animated comedy series dubbed “Krapopolis” from Rick and Morty co-creator Dan Harmon. The show is set to premiere in 2022, and will be a satirical comedy focused on life in ancient Greece. Fox says he $100 million in....
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Fox Corporation is diving deeper into the NFT ecosystem with its latest partnership. U.S. mass media company Fox Corporation has made a strategic investment in digital content management firm Eluvio to help develop Fox’s nonfungible token business.An announcement on Aug. 25 reported that Fox Corporation's investment marks the completion of Eluvio's Series A funding round at a valuation of $100 million. Eluvio is a company dedicated to managing, distributing and monetizing premium content via blockchain. Under the new agreement, Eluvio will provide the technology for Fox Entertainment’s and....
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy.
Building Trust in the Metaverse Content Creation Ecosystem
South Korea’s Ministry of Science and ICT in conjunction with the National Information and Communication Industry Promotion Agency (NIPA) has said it will recruit companies that will be participating in the 2022 Metaverse Content Creation....
Argentinean social network platform Taringa has seen creative content generation rise by an average of 40 to 50% after users joined its new bitcoin tipping initiative. The programme, 'Taringa Creadores', combines an ad-revenue sharing model with the social network's unique ranking system in a bid to incentivise the sharing of user generated content. Content creators registered to Taringa's bitcoin tipping scheme receive a Xapo wallet and a share of advertising distributed in bitcoin by Taringa. Users can tip each other in bitcoin, as every creator receives 10 daily points to distribute....
Blockai, a San Francisco, Calif.-based technology company, has developed a copyright service that uses the bitcoin blockchain to allow artists to protect their creative work in the digital age. While the Internet has unleashed a wealth of opportunities for creative work, protecting content has posed a big challenge, especially for independent producers of digital art, literature and even computer software. Tapping Artificial Intelligence. “We are developing artificial intelligence to create unique fingerprints for all copyrighted works to protect copyrights and make sure artists get paid,”....
So far, there are over two million images and metadata records in the Mediachain content library. Mediachain is a new company looking to revolutionize the way we think about registering and tracking creative works. By using blockchain technology, the Brooklyn-based company wants to create a new type of universal media library. In this day and age, keeping content original and free from copycats is proving to be quite the challenge. While some people may argue imitation is the best form of flattery, that is far from the case for content creators. In fact, there is nothing worse than....