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Network Media Group Inc V.NTE

Alternate Symbol(s):  NETWF

Network Media Group Inc. is a Canada-based company that develops, produces, and exploits film and television properties in addition to providing production services to third parties. The Company builds its production slate in two primary forms: documentary films and docu-series. The Company, through its subsidiary, Network Entertainment Inc., is a boutique film, television, and digital content production company that creates, finances, and produces programming for television, digital platforms, and movie audiences around the world. It focuses on developing its Non-Fungible Token (NFT) division. Network NFT Studios collaborates with IP owners, artists, and talents to create, distribute, and monetize digital collectible campaigns and related initiatives in the web3 universe. Network NFT Studios creates partnerships with creators from film, music, art, fashion, and sports to create NFT experiences and limited-edition collections. It works with broadcasters, distributors, and exhibitors.


TSXV:NTE - Post by User

Comment by smoking81on Oct 01, 2021 6:14pm
69 Views
Post# 33956533

RE:RE:RE:RE:RE:Exited

RE:RE:RE:RE:RE:ExitedThe interesting thing about tokens is that they can be split into just about infinite pieces. This means you can sell a piece of your NFT for pennies and those people can collect their share of the revenue. This is a good way to match people interested in a certain thing (could be a fancy sneaker) with ownership. The person gets to brag about owning a piece of something and believes the value will go up as they are interested in it. Because the exchange fees will be very low it will also be easy to trade in the future. It will not be long before stocks will be traded as tokens. This is called Distributed ledger technology. People want ledgers to see where they are at in life and want to brag to others about their place on a ledger. They also need distributed ledgers to verify that things are trading fairly, and recorded immutably so the economic system is working properly.
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