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Web3 gives creators in emerging markets a shot, says Faro Company CEO

Published 08/17/2022, 06:52 AM
Updated 08/17/2022, 08:40 AM
Web3 gives creators in emerging markets a shot, says Faro Company CEO

While the entertainment and production industry is still primarily dominated by the West, shows like the Squid Game demonstrate an opportunity for non-Western productions to take flight on the international scene. With some help from Web3, creators in developing markets can find their way to a bigger stage, according to an expert in the entertainment industry.

In a Cointelegraph interview, Mehmet Eryılmaz, the CEO of the entertainment-focused Web3 team Faro Company, shared his thoughts on how Web3 can contribute to the development of entertainment in emerging countries. According to the executive, media and entertainment companies have been plagued by gatekeepers, who often failed to properly represent other cultures. He explained that:

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