The demand for media storage is exploding
The global media & entertainment storage market size was valued at $6.6357 billion in 2019, and is projected to reach $17.8795 billion by 2027, registering a CAGR of 13.7% from 2020 to 2027.
– alliedmarketresearch.com
The media industry generates large amounts of data
Transcoding
Need for fan out support (the DVR problem)
Multiple movie renders (language adaptations, scene changes, etc.)
NFTs and the metaverse are exploding
Immutability prevents manipulation of author content
Blockchain shows chain of custody & ownership
Media Archive
“This is easily the most intuitive and also the most powerful use case for decentralized technology… Filecoin provides a continuous record to show that files are secure and have not been tampered with…. anyone can view the archive and check its provenance using immutable information, including a timestamp, image storage data, and verified edit history. In addition, interoperability at the protocol level provides maximum amount of choice for the end users.”
— Jonathan Dotan, Starling Lab founding director