Wakatta Supports the Entertainment Industry & Upgradable NFT Creation
Laura McQuarrie — October 7, 2021 — Tech
References: prnewswire
Wakatta is an NFT-focused blockchain for the entertainment industry created by Sensorium and it will help to support upgradable NFTs that are capable of mutating over time. The upgradable, time-limited and non-hashed non-fungible tokens that can be created on the platform have the potential to serve a variety of creators, including visual artists, musicians, fashion houses and more. These types of digital assets could even appeal to event organizers for the purposes of enticing ticketholders with advanced access, expiry settings and other collectibles.
Sensorium Galaxy, a high-quality entertainment metaverse, is set to be Wakatta's first major integration and Ethereum-based SENSO token will fuel its virtual economy. Optimized for creators, Wakatta helps to put power back in the hands of businesses, artists and musicians who need a simple way to connect products and services to the blockchain.
Sensorium Galaxy, a high-quality entertainment metaverse, is set to be Wakatta's first major integration and Ethereum-based SENSO token will fuel its virtual economy. Optimized for creators, Wakatta helps to put power back in the hands of businesses, artists and musicians who need a simple way to connect products and services to the blockchain.
Trend Themes
1. Upgradable Nfts - Wakatta's support for upgradable NFTs presents a disruptive innovation opportunity for artists, musicians and event organizers who can take advantage of the modifiable and versatile nature of these digital assets.
2. Tokenized Entertainment Industry - The emergence of NFT-focused blockchains like Wakatta presents a disruptive innovation opportunity for the entertainment industry to leverage the benefits of tokenization and create new revenue streams.
3. Integration of Metaverse and Blockchain - Wakatta's integration with Sensorium Galaxy presents a disruptive innovation opportunity for the intersection of virtual reality and blockchain, creating new possibilities for immersive experiences and digital asset ownership.
Industry Implications
1. Entertainment Industry - Wakatta's NFT-focused blockchain presents a disruptive innovation opportunity for the entertainment industry to leverage the unique properties of NFTs to monetize and create new revenue streams for digital content.
2. Visual Art Industry - The upgradable and modifiable nature of NFTs on Wakatta presents a disruptive innovation opportunity for the visual art industry, enabling artists to create dynamic and unique digital artwork that can evolve over time.
3. Music Industry - Wakatta's support for upgradable NFTs presents a disruptive innovation opportunity for the music industry to create new products and experiences for fans, such as exclusive access, special merchandise, and event tickets.
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