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Jinse Finance live report: At the roundtable forum themed "RWA: Opening a New Value Channel for Trillion-level Entertainment Assets," Jinse Finance CEO Wang Yukun pointed out: Last year, there were some short dramas in the crypto industry. As funding sources expand, the industry can accommodate more entertainment industry IPs. Compliance is very important. Currently, we also have other teams exploring RWA, and to some extent, compliance can be achieved. There are indeed pain points in the integration of Web3 and the entertainment industry: Web3 has strong financial attributes, while entertainment is highly specialized, so there are very few talents overlapping between the two industries. For us, how to bridge the gap in professional talent is an issue that needs further exploration.Mirror.fan CEO Wang Yanhao, a film and entertainment RWA platform, pointed out: First, RWA in the entertainment industry combines finance and consumption, and Web3 can maintain the popularity of works on-chain. If fan economy is involved during the creation stage, on-chain attention will bring opportunities for secondary dissemination. The integration of Web3 and entertainment can solve the cost issues of production and distribution. In addition, the expansion of revenue models can extend the long-tail effect of fans, such as launching figurines, co-branded products, etc. Finally, the integration of Web3 and entertainment can bring changes to content, and the market space will transform from a single aspect to an integrated one.Wang Guowei, General Manager of China Film Holdings Co., Ltd., former Vice Chairman of China Film Foundation, and CEO of China Film Website, pointed out: From Hollywood's development experience, we must seize the cultural leader, not only focus on financing issues, but also on how to gather wisdom and enable thousands of people to participate. There is national culture and spirit hidden in major IPs.Yang Tao, lawyer at Beijing Huatian Law Firm and independent director of Huayi Brothers Media Corporation, pointed out: The compliance issues after the integration of entertainment and RWA still need to be discussed. In the entertainment industry, attention should be paid not only to money, but also to the audience's experience. Entertainment is a non-standard asset, and with the integration with Web3, new industry standards may be summarized through practical implementation.Wang Hui, founder of Datang Brilliant Media Co., Ltd. and Vice President of China TV Drama Production Industry Association, pointed out: Financing has always been a problem plaguing the entertainment industry, and Web3's empowerment of financing will benefit the entertainment industry. If compliance can be well achieved, it will further help the development of China's entertainment industry, and RWA compliance in the entertainment industry should be relatively easy to achieve.Li Silin, CEO of Qianxing Century: The entertainment industry used to be a high-threshold industry that ordinary people could not participate in. In the future, through the RWA model, project funds can be split, allowing everyone to share in the future long-tail returns. The value of the RWA market lies in the needs of the new generation of consumers. The young audience group is precisely the focus of the entertainment industry, and the integration of film and entertainment with Web3 will build a brand new ecosystem.

According to a report by Jinse Finance, crypto journalist Eleanor Terrett stated that cryptocurrency and AI czar David Sacks plans to meet with Republican members of the Senate Banking Committee tomorrow morning to emphasize the importance of advancing the market structure bill out of committee this year and to address concerns publicly expressed by members, including Senator John Kennedy, regarding the process.