Transforming Traditional Craft: Taiwan's Puppeteers Embrace NFTs for Artistic Evolution Metaverse Post

A collective of Taiwanese puppeteers is actively utilizing NFTs to renew their traditional performances, aiming to attract global and younger spectators. Puppetry plays a vital role in Taiwan's culture, exemplified by Pili, one of the oldest and most beloved TV series that remains on air.

Since its debut in 1985, Pili has set itself apart by incorporating cutting-edge CGI technology into its action scenes. The creative minds behind the series, 'Pili International Multimedia', envision that integrating NFTs could open up new revenue streams.

The company boasts a diverse collection of puppets, most embodying iconic martial arts figures. Recently, they’ve transformed four of these characters into NFTs, achieving sales of 30,000 units already.

Seika Huang, the brand director for Pili, stated, 'The pace at which our imagination for the digital landscape is evolving is dizzying. Rather than just observing, we need to dive in and fully comprehend what’s happening. This is the quickest way to keep pace.' stated . 

While financial details remain undisclosed, it’s reported that NFT prices started at around $40, which has potentially generated upwards of $1.2 million since the initial listing in February.

VeVe, the tech-marketing partner overseeing the NFT launch for Pili, noted that the heroic puppet characters have strong appeal among younger audiences, as well as fans of comics and superhero cinema from abroad.

Huang shared that Pili aims to convert 50 additional puppet characters into NFTs, hinting at another lucrative revenue opportunity for this Taiwanese entertainment powerhouse.

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