The article discusses the potential for blockchain-based gaming to incorporate intellectual property (IP) licensing from the movie industry. By bridging the gap between studios and game developers, the integration of movies into web3 gaming can bring new users to blockchain, revitalize interest in gaming, and serve as an additional revenue source for movie studios. However, licensing IP for games has historically been a slow and expensive process with complex contracts. Blockchain technology has the potential to streamline IP management through standardized smart-contract licensing, transparent revenue tracking, and automated payments. However, the regulatory environment is currently lagging behind the technology, so IP licensing in web3 gaming is not expected to move entirely on-chain in the near future. Additionally, blockchain technology can enable non-custodial ownership of in-game assets, allowing for transferability between games and platforms. The article suggests that partnerships between gaming developers and film studios, as well as increased acceptance and recognition of blockchain, will likely lead to more integration of movies into web3 gaming in the future.



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