To Keep Art Alive, Taiwan Puppeteers Look To Use NFTs
NDTV
A group of Taiwanese puppeteers are looking to use NFTs to keep their traditional art form in the modern era and keep it relevant for a new audience.
A group of Taiwanese puppeteers are looking to use non-fungible tokens, or NFTs, to help bring their traditional art form into the modern era and keep it relevant for a new audience.
NFTs are crypto assets representing a digital item such as an image, video, or even land in virtual worlds, with prices of some rising so fast last year that speculators around the world sometimes "flipped" them within days for a profit.
Pili International Multimedia, which makes Taiwan's longest-running television show featuring the puppets at its studio in central Taiwan's Yunlin County, says it wants to use NFTs as another source of revenue.
"The sort of imagination everyone nowadays has for the online world is developing so fast that we are almost unable to grasp it," said Seika Huang, Pili's brand director.
