At the Cannes International Film Festival, Electromagnetic Productions (EMP) is in charge of the first NFTCannes Summit. On May 23, this event will be held for the first time at the well-known Hôtel du Cap-Eden-Roc. The goal of this event is to build important links to the metaverse by bringing together smart people from both the traditional world and the Web3 space.
What does the NFTCannes Summit involve?
The NFTCannes Summit is mostly a private event with talks and panel discussions for people who were invited. They will look into how media companies and Web3 technology are becoming more and more connected. Because the topic is so important, this event will happen every year in the future.
At this year’s NFTCannes conference, some of the most important issues in the field will be talked about. It starts by talking about how NFT is used in the entertainment business and how it can help build communities. Participants will learn how NFTs might change how premium film and TV content is financed, made, and sent to audiences. In addition to the producers, the change will also help the audience and the creatives.
There will also be a number of live activities and experiences for the audience, which will be helpful for people who are new to the sector. Through the events, participants might think of the metaverse as the coming together of their digital and real lives.
What is EMP?
EMP is basically a top-notch studio for making movies and TV shows. But they plan to make a series of limited-edition NFTs that give fans membership to the studio. Creators, executives, producers, and artists who have won awards have joined the company in Los Angeles. They have all worked on more than 100 movies for big studios, networks, and streaming services. Disney, Fox, MGM, Sony, NBC, Apple TV+, Bravo, and CNBC are all part of this.