Vislink has developed a new video editing tool that enables users to create non-fungible tokens (NFTs).
The NFT-Ready Video Clipping Tool allows sports organisations to instantly create, package and convert clips into NFTs which can be used as a revenue source.
Video clips can also be integrated with elements including pre-rolls, post-rolls and overlays, enabling the development and distribution of custom-branded short-form content, said Vislink.
“Our NFT-readyVideo Clipping Tool opens up potentially significant revenue stream opportunities for institutions by leveraging the exploding market for sports video NFTs,” said Carleton M. Miller, CEO of Vislink.
“Our AI-powered sports production systems deliver rich, immersive productions with unrivalled broadcast quality that audiences demand, and new and profitable sources of programming for institutions of any size.”