How Companies Are Cashing in on NFT's
(As seen on The List TV, airing on ABC, NBC, & Fox tv channels in the U.S.)
Announcer
The NFT craze is here to stay. These digital art pieces are encrypted with technology that can certify ownership. They're the new wave of investment opportunities and savvy businesses are all in.
DJ UCH
It's so exciting to see businesses that have been legacy businesses, businesses that have been largely only in brick and mortar, only in the physical world. Jump into the digital world.
Announcer
Financial advisor and author, DJ Uch is sharing how some businesses and brands have been cashing in with NFTs, starting with the food and entertainment industry.
DJ UCH
Look at Burger King. They put out a big digital collection where all you had to do is scan a QR code. 6 million of their customers are able to pick up an N F T from doing that process.
Announcer
The Keep It Real Meals NFT campaign involves celebs and offered collectibles via QR code. Customers who collected all three NFTs could win a phone call with Lil Huddy, Nelly, or Anitta.
DJ UCH
A look at AMC and what they've done with the recent Spider-Man film, they recently put out a drop for where they said, "Hey, if you own one of the tickets to see Spider-Man, you all have access to pick up an NFT," and it literally crashed Fandango.
Announcer
And when Warner Brothers put out an NFT campaign for the Matrix, sites crashed too.
DJ UCH
You have a lot of people out there who literally buy NFTs in order to sell them, and in doing that, those speculators are helping to drive up the value of these NFTs, which is a huge reason why you're seeing businesses get involved.
Announcer
Next up, the music industry.
DJ UCH
Kings of Leon, a huge band. They're the first band to ever put out an NFT album, and with that NFT album, they put out some limited edition collectibles along with it.
Announcer
NFTs allow bands and artists like Shakira to create new revenue streams, and Snoop Dogg has taken this concept into the Metaverse.
DJ UCH
He owns a huge mansion in this digital metaverse, this digital world called The Sandbox. And the Sandbox is so popular that someone recently bought land next to Snoop Dogg for half a million dollars. They were able to certify their ownership with an NFT token.
Announcer
This concept means that in the new future metaverse, we will all be owning the internet with NFTs.
Last on our list, sports and apparel. The NFL has put out commemorative tickets for a long time. Now, they're selling digital commemorative tickets or NFTs that incorporate audio and moving images.
DJ UCH
If you are someone who owns a digital collectible ticket, you can sell it to the next person and there will be a royalty, which is unbelievable.
Announcer
Even Adidas has kicked off a digital collection.
DJ UCH
You see fashion houses and brands putting out digital clothes because you and I's avatar in Web3 and the Metaverse, we're going to need clothes.
Announcer
Why NFTs mean business for real.
