Introducing eDAO: Bringing the world of Media and Entertainment to Web3

Published on: 20.01.2022

Powered by some of the largest production houses and backed by Polygon Studios

eDAO aims to empower media houses, celebrities, and creative communities along with enabling the co-creation of innovative and exciting NFT projects.

eDAO is doing this to give artists, filmmakers, actors/actresses, athletes, animators, and others an opportunity to co-create and launch vibrant NFTs and brands alongside their fans.

To start with, They’ll be entering partnerships with Polygon StudiosHungama EntertainmentandMF Hussain Arts, amongst a few others, all of whom have made major strides in the creative and blockchain worlds. They will be starting with a few Indian projects but eventually, eDAO will also have global projects. Hungama Entertainment is the largest independent Digital Media company in South Asia with a massive community and has worked with over 300+ content partners, like T-Series, Lahari Music, SVF, Warner, etc across music, video, and gaming. They work with all leading Film Actors across different markets as also 100s of Singers/Musicians across the world.

For those who may not be aware of what a Decentralized Autonomous Organization (DAO) is please refer to this explanation.

So how will eDAO set its plan in motion? Well, we have two courses of action prepared that will benefit fans and creators big and small.

#1: Fans will help steer major creative projects

The era of co-creating with communities is just beginning and will lead the way to the production of future NFTs, music, merchandise, films, cartoons/anime, and more.

Through eDAO, fans will be able to collaborate with their favorite creators on upcoming projects. This provides a hands-on experience for fans where they play a vital role in the creation process.

We plan on bringing forth top Indian and global celebrities, athletes, YouTubers, artists, and animators to the DAO. They’ll look to leverage eDAO to build and ship NFT ideas.

Even big media houses and famous celebrities are finding community-driven projects beneficial. This allows for the creators to get crucial feedback and communities to be awarded the content they enjoy along with other possible rewards.

#2: Support for independent artists and creators

We’re creating a blended community filled with those involved in different sectors of media. If you’re involved in the creator world there’s a space for you.

It doesn’t matter if you’re auditioning for your first major role in Hollywood, hosting paintings in gallery art shows, or are a college kid pursuing photography. We welcome everyone in the eDAO and want to help promising young creators gain traction.

By interacting and communicating with our community you’ll open yourself up to plenty of input and potentially generate enough interest to propel your project forward. Eventually, the eDAO treasury may vote to sponsor your project.

SOURCE: https://medium.com/edao-official/introducing-edao-bringing-the-world-of-media-and-entertainment-to-web3-58e403e93b20

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