#NFTs are scaring people from blockchain, especially with the recent crackdowns. For Ryan Kavanaugh, CEO of Proxima Media, one of the factors is that many celebrities have been involved and have been made examples of by regulators—fueling the fear of anything related to NFTs. In this interview with #CGBackstage, Ryan explains how he plans to tap #blockchain technology to create more efficiencies in Hollywood, especially in terms of how movies are financed, how people buy movies, and even how they’re distributed.
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