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Not for a while but eventually I believe it will. I'm already hearing of some DAO that's funding indie movies. If we have enough initiatives like that in place, I believe web3 can promote disruption in the industry

No doubt it will take a while. Web 3.0 still needs a lot of infrastructure.

But there is a lot of potential especially with ai generated content.

What if Hollywood turns toward WEB3

So centralized movie studios are going to decentralize and become web 3?

If find that as unlikely as Zuckerberg giving up control.

Their business models prevent it and many are making huge money with the system as it is.

It is already reducing. Look at the rumours of Disney going to Apple. TikTok destroyed the media consuming experience for all of us. web3 needs to get adopted and anything is possible.

Yes large media companies are under attack. We need to keep removing the eyeballs as much as possible. Switch time spent on Web 2.0 to Web 3.0 is the next transition.

The interesting development would be the rise of web3. Nobody knows how the structure will be apart from knowing it is will be decetralized-ish

Well we do know there is the potential for the attention economy and how it can take eyeballs. The structure is unknown but I thinkwe get a gist of how this is going to unfold.

I agree. These are early days. i just do not want to be on the AOL side of things if Google is rising somwhere.

How does #web3.0 intend to do that?

Attention economy.

Where are the eyeballs going? Will they still be going to centralized companies or will they view their content from elsewhere?

Oh right! Thats where web3 comes it. There is a 50-50 possibility of that happening.

I hope so, those Pedophile ass hats that are disconnected with the rest of the world need to go!

That is one way to frame them. LOL

And yes the elitism is unreal.

I think so. We have an example (not public yet) here on Hive with FreeChain, funded by the DHF. While it doesn't have the budget of Hollywood movies, it's just the beginning...

To a degree, yes. Although the greatest issue seems to be market being oversaturated. There is simply too much content on Internet and streaming services for people to pay large sums of money for trip to theatre.