Over the past two decades, changes in entertainment are happening at such a break-neck speed, which may sometimes be very difficult to keep up with. This is a trend that will continue into the future since the only constant thing is change. Change however isn’t something to be afraid of, once you know what’s going to happen, all you need to do is take advantage of it through better positioning.
As you might have guessed, the driver of what is happening in entertainment is advancement in technology. The technology of today does not only change how entertainment is being produced but also how it is being funded, distributed, and consumed. And it’s becoming increasingly difficult to predict what the next transformation will be.
The question however is, have we really seen much advancement with the introduction of technology into entertainment, especially on the earnings of content creators? The answer is NO. Many artists in developing countries are struggling to raise as little as a thousand dollars to fund their creative projects. Exzie has come into the scene is create a seamless flow of funds internally and externally through the use of Blockchain.
Because of its transparency, Exzie will solve some of the major problems in the industry, for example, it will help solve the problem associated with ownership and intellectual property rights by tracking a piece of content through ownership chips.
Exzie will also solve issues faced by artists. For instance, it can make funds easily accessible to up-and-coming artists for the production of their first song or album by giving fans a chance to invest in the work of their favorite artist and also share in the royalty from such work. It will also eliminate middlemen in the supply chain through direct-to-consumer D2C relationships between creators and their fans thereby increasing the revenue share of the creators. Through its smart contracts blockchain will also make sharing of revenue fairer based on predetermined agreements.