Oireachtas Joint and Select Committees

Tuesday, 30 March 2021

Joint Committee on Media, Tourism, Arts, Culture, Sport and the Gaeltacht

Impact of Covid-19 on the Entertainment Sector: Discussion

Mr. Victor Finn:

I will deal with just the NFTs because the other questions, I think, are for the live events representatives. NFTs are a really interesting development in the digital delivery of any creative assets. We are examining internally how NFTs could be extended to the IMRO membership and how we could facilitate that for members who want to use this really new technology to deliver value. Initially, it looks like it could have potential for protecting creative works in the online environment and could be a very seamless and transparent way of receiving payment. As the Senator will be aware, it is a very hot topic at the moment and still very new, but we are looking at it. I thank the Senator for the question.

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