Electromagnetic Productions (EMP) brings us the very first NFTCannes Summit at the Cannes International Film Festival. This inaugural event will take place on May 23 at the iconic Hotel du Cap-Eden-Roc. The purpose of this event is to connect the most influential minds in the traditional space and Web3, creating meaningful bridges to the metaverse.
The NFTCannes Summit is essentially an invite-only event with various conversations and panels hosted. They will dive into the dynamic and growing intersections between existing media companies and Web3 technologies. Given the importance of the subject, this event is expected to become an annual event in the future.
This year, the NFTCannes Summit will address many hot topics that are doing the rounds in the space right now. First, it discusses NFT applications in the entertainment industry and its community building opportunities. Attendees will gain insight into how NFTs can transform the way premium film and television content can be funded, produced and distributed. Besides producers, audiences and creatives will also benefit from the revolution.
Additionally, there will be several live events and experiences for the public, which will be insightful for those new to the space. Through the events, participants can see the metaverse as the integration of digital and physical lives.
Essentially, EMP is a high-end film and television production studio. Their approach, however, is to create a series of limited-edition NFTs that offer fans membership in the studio. The Los Angeles-based company now boasts a team of award-winning creators, executives, producers and artists. They have a collective track record of over 100 movies across major studios, networks, and streamers. This includes Disney, Fox, MGM, Sony, NBC, Apple TV+, Bravo and also CNBC.
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