✨ SUBSCRIBE TO THE OVERPRICED JPEGS CHANNEL ✨ In this episode, Carly is joined by Feature co-founders Dennis Alshuler – a successful entrepreneur and business development executive – and Steven Ilous – an entertainment executive...
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In this episode, Carly is joined by Feature co-founders Dennis Alshuler – a successful entrepreneur and business development executive – and Steven Ilous – an entertainment executive who’s previously worked on films including the Matrix & the Polar Express.
Feature is a web3 studio powering creators, brands, and the future of entertainment. Their licensing platform is currently being used by Coinbase to cast Bored Apes in their upcoming film series.
Steven and Dennis break down this new world of NFT licensing: how people are making money licensing their NFTs, how big the market for licensed NFTs might be, and how to make sure you, as an NFT holder, stay protected.
We also discuss the broader shifts that are underway in consumer behaviors, why Unreal Engine 5 is a big deal for the metaverse, and how the old Hollywood studio model is broken.
Enjoy!
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Timestamps:
0:00 Intro
0:10 Backgrounds
2:53 Coinbase’s Trilogy
6:30 What Are the Benefits of NFT Licensing?
11:30 How Feature Works
16:37 Market Size for Licensing NFTs
20:36 NFTs as the New Celebrities?
24:30 Feature’s Broader Vision
28:26 Hollywood’s Paradigm Shift
33:13 Why Dennis Left Trad Startups for Web3
37:37 Huxley
42:05 Unreal Engine 5 Explained
47:19 Goals of Feature
49:14 Competitive Landscape
59:19 Closing Thoughts
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Resources:
Steven Ilous
https://twitter.com/stevenilous
Dennis Alshuler
https://twitter.com/dalshuler
Feature
https://twitter.com/featureio
Coinbase Trilogy
https://www.coindesk.com/business/2022/04/11/bored-apes-go-hollywood-with-coinbase-produced-movie-trilogy/
Huxely
https://twitter.com/huxleysaga
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures