SXSW Festival 2022 in Texas organizes large NFT workshop on site for participants-Blockchain

SXSW Festival 2022 in Texas organizes large NFT workshop on site for participants-Blockchain

On Thursday, the South by Southwest (SXSW) Conference and Festivals announced that the company will shape the first SXSW NFT, and at the Festival 2022 in Austin, Texas, the participants can symbolize their work with the NFT technology. The Festival 2022 from SXSW will take place from March 11th to 20th and offers a large NFT workshop for artists, filmmakers and market participants.

SXSW plans to drop his first NFT at this year's 10-day festival-Blockchain Creative Labs to publish NFTS

According to a message from sxsw , the annual conglomerate of parallel film, music and art festivals as well as interactive media, this year's festival will be strong on the non-fungible tokens (nft) concentrate.

The creative NFT studio and the company Blockchain Creative Labs (BCL) supported by Fox Entertainment are the official blockchain sponsor of SXSW. At this year's 10-day event, the first non-fungible token (NFT) from SXSW will be presented, and BCL will also offer the SXSW participants.

SXSW in Austin, Texas on March 6, 2018.

The partnership between SXSW and BCL follows the latest NFT marketplace Announcement from the Great Pro-Wrestling company WWE. At the festival 2022, NFTS produced by BCL are hosted on the blockchain manufactured by BCL eluvio .

Similar to the WWE announcement, SXSW-NFTS will be "interoperable with Ethereum and other crypto wallets from third-party providers". Eluvio's technology is also used for "The masked singer" Nfts and marketplace.

SXSW CTO: Blockchain-based content will integrate into the mainstream

South by Southwest, also called "South by", is operated by the company SXSW, LLC. The annual conference has been popular since its foundation in 1987 and the Penske Media Corporation bought half of the company in April 2021. The SXSW Festival increased in size every year and in 2019 the first presidential race forums 2020 took place at the event.

"SXSW triggers sensible conversations and cooperation between technology and creative thought leaders who drive innovations, forge new business models, strengthen artists and ultimately improve the audience experience", Scott Greenberg, CEO of Blockchain Creative Labs and co-founder of Bento Box Entertainment. The creative NFT studio manager added:

SXSW 2022 will be an unforgettable event - not only because it marks its long -awaited return, but also the moment to show how blockchain -based content will integrate into the mainstream and serve as a view of the near future and the miracles of Web3. At Blockchain Creative Labs we are proud to work with SXSW with this important sponsoring.

Justin Bankston, Chief Technology Officer from SXSW, is looking forward to working with BCL. Blockchain technology and NFTS will bring a new form of engagement, Bankston said in an explanation during the announcement.

"It is a great opportunity for our community to deal with exciting new applications of NFT and blockchain technology that are specifically geared towards the success of content manufacturers," said Bankston on Thursday. "Using the innovative approach of blockchain creative labs to use top technology to enable these artists embodies the spirit of SXSW and continues our purpose of helping creative people to achieve their goals," the CTO of SXSW further remarked.

What do you think that SXSW participates in the non-fungable token (NFT) technology and merges with BCL? Let us know your opinion on this topic in the comments below.

Photo credits : Shutterstock, Pixabay, Wiki Commons, SXSW Festival,