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A new project is started

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A new project is started by the Culture Hub Bulgaria Foundation, in partnership with Innetica from Spain and Creator from Romania.

The project is funded by the Erasmus+ Programme and is dealing with the topic on NFT for Copyrights Protection.

In a world driven by digital innovation, contractors and independent artists face a pressing need to adapt and leverage digital tools for asset creation, online content monetization, and intellectual property protection. Recognizing this urgency, the NFT for Copyrights Protection project embarks on a 20-month transformative journey starting on January 1, 2023. Let’s explore the objectives, activities, and anticipated impact of this project.

The primary objective of the project is to enhance skills and support contractors in harnessing digital tools for asset creation, monetization, and intellectual property protection. With this goal in mind, the project aims to achieve the following:

Sharing Best Practices and Competencies:
Through knowledge exchange, the project seeks to empower contractors by sharing best practices and competencies. By acquiring valuable insights, contractors can enhance their positioning within the industry and effectively navigate the digital landscape.

Establishing a Center for Digital Transformation Competencies:
To guide contractors in identifying revenue opportunities, the project envisions the establishment of a dedicated Center for Digital Transformation Competencies. This center will serve as a hub for guidance, providing valuable insights and expertise on monetization strategies and income generation in the digital realm.

The project entails a series of activities designed to equip independent artists with the necessary digital tools and knowledge. Some key activities include:

Familiarizing Artists with Digital Platforms and Online Publishing Options:
To enable artists to effectively promote their creative content, the project will focus on familiarizing them with various digital platforms and online publishing options. This knowledge will empower artists to strategically distribute and sell their content to curators, labels, independent radio stations, and other media outlets.

Sharing Best Practices and Expertise on Content Monetization:
The project’s competence center will serve as a valuable resource, offering comprehensive knowledge and insights on monetizing content and generating sustainable income in the digital landscape. By providing guidance and expertise, the center will empower contractors with the skills needed to thrive in the ever-evolving digital world.

The successful implementation of this project will have a direct impact on the industry, which is currently facing significant challenges. The pandemic and the rapid digitization of music content, coupled with external factors such as the war in Ukraine, have placed immense strain on the industry. By empowering contractors with digital tools and competencies, the project aims to mitigate these challenges and support the industry’s recovery.

Furthermore, the project will contribute to the reduction of the current workforce decline, which is projected to reach 30% by the end of 2022. Through knowledge sharing, capacity building, and the establishment of a knowledge center, the project will create opportunities for contractors to acquire and transfer valuable skills and expertise.

The NFT for Copyrights Protection project stands as a beacon of hope for contractors and independent artists in the digital era. By enhancing skills, sharing best practices, and establishing a dedicated competence center, this project aims to empower contractors to leverage digital tools, protect their intellectual property, and thrive in the evolving landscape of the creative industry. As we embark on this transformative journey, let us celebrate the opportunities that lie ahead and embrace the power of digital innovation in shaping a brighter future for all contractors.