๐ฅ New: AI Mugafi Studio uses $AVAX to tokenize intellectual property rights in entertainment!
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๐ข What's new?
โ Mugafi, the AI-powered platform, has partnered with Avalanche to launch the Entertainment IP Launchpad
โ Aims to tokenize over 1000 entertainment assets like movies, anime, and music as RWAs
โ Initial funding exceeds 10 million dollars, with a goal of 1 billion dollars annually
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๐ก Analysis:
โ Uses AI to assess project quality before tokenization to reduce risks
โ Creates a new framework for transparent funding and distribution on the blockchain, generating 1500 job opportunities
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โก Why does it matter to you?
โ Opens up digital entertainment investment opportunities for global investors
โ Enhances the role of AVAX in RWA, which could drive its price and attract more adoption
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โDo you think entertainment IP tokenization will change Hollywood forever?
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