Can NFTs ‘do good’ for theatre?

Turns out one NFT community has a $10M funding pool, and here is how Spare Parts Puppet Theatre is making use of it.

The hot take on NFTs and crypto in the past few months has been how much (and how quickly) the market has cooled down.

But in the performing arts, more specifically theatre, people are just starting to explore its applications for generating alternative revenue streams and new collaborations.

The latest to delve into this venture is the WA-based Spare Parts Puppet Theatre, who are collaborating with @ownthedoge, a community who owns the fractionalised NFT of the original Shiba Inu meme.

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Celina Lei is an arts writer and editor at ArtsHub. She acquired her M.A in Art, Law and Business in New York with a B.A. in Art History and Philosophy from the University of Melbourne. She has previously worked across global art hubs in Beijing, Hong Kong and New York in both the commercial art sector and art criticism. Most recently she took part in drafting NAVA’s revised Code of Practice - Art Fairs. Celina is based in Naarm/Melbourne.