Natyaverse Allows Dancers to Mint and Monetize their Dance Moves
Colin Smith — September 2, 2022 — Tech
References: natyaverse & sangritoday
'Natyaverse' is a new web3 platform created to address one of the largest issues in the art space: dance. While there are countless protections for visual artists, musicians, and filmmakers, Natyaverse noted that dancers often do not profit off of their work and their works are not protected as their own.
However, despite this, Varin BIlla at Natyaverse stated that: “Dancers put in an immense amount of hard work and dedication to develop their skill set. The amount of practice a professional dancer needs to invest in perfecting their skill is no less than a professional athlete," meaning it is an injustice that dancers are left behind in the art world.
In order to address these issues, Natyaverse was created. The Natyaverse platform is a first-of-its-kind that allows dancers to record dances, mint the specific dance moves, and monetize the dances on the platform. This results in digital portfolio building, dance marketing, and a dedicated community surrounding dance.
In addition to allowing individuals to monetize their works, Natyaverse will host dance-focused events that promote creativity, collaboration, and brand marketing in the metaverse.
Image Credit: Natyaverse
However, despite this, Varin BIlla at Natyaverse stated that: “Dancers put in an immense amount of hard work and dedication to develop their skill set. The amount of practice a professional dancer needs to invest in perfecting their skill is no less than a professional athlete," meaning it is an injustice that dancers are left behind in the art world.
In order to address these issues, Natyaverse was created. The Natyaverse platform is a first-of-its-kind that allows dancers to record dances, mint the specific dance moves, and monetize the dances on the platform. This results in digital portfolio building, dance marketing, and a dedicated community surrounding dance.
In addition to allowing individuals to monetize their works, Natyaverse will host dance-focused events that promote creativity, collaboration, and brand marketing in the metaverse.
Image Credit: Natyaverse
Trend Themes
1. Web3 Dance Platforms - The creation of web3 dance platforms, such as Natyaverse, allows for dancers to monetize their work and build a digital portfolio of their dance moves.
2. NFT Dance Marketplaces - The rise of NFT dance marketplaces creates a new revenue stream for dancers and provides a platform for collectors to invest in valuable dance moves.
3. Metaverse Dance Events - Metaverse dance events hosted by platforms like Natyaverse promote creativity, collaboration, and brand marketing while showcasing the unique abilities of the dance world.
Industry Implications
1. Entertainment - The entertainment industry can benefit from the creation of web3 dance platforms, as it provides a new avenue for discovering and investing in talented dancers and their unique dance moves.
2. Sports - The sports industry can benefit from the recognition of dancers as athletes and the creation of a platform to monetize their work, as dancers invest the same amount of time and energy as traditional athletes and should be awarded similarly.
3. Tech - The tech industry can benefit from the development of NFT dance marketplaces and hosting metaverse dance events, allowing for the integration of innovative technologies with the art of dance and fostering further growth in the industry.
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