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Shemaroo Entertainment and PWR Chain partner to innovate India’s digital entertainment through blockchain

ShemarooVerse, exclusively launching on PWR Chain, merges Shemaroo Entertainment’s extensive content library with advanced blockchain technology to redefine immersive experiences in India

by MN4U Bureau
November 19, 2024
in Media
Reading Time: 2 mins read
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Shemaroo Entertainment and PWR Chain partner to innovate India's digital entertainment through blockchain
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Mumbai: Shemaroo Entertainment, an Indian media and entertainment landscape with over 60 years of experience, has announced a strategic partnership with PWR Chain, an advanced Layer 0 blockchain infrastructure. This collaboration designates PWR Chain as the official blockchain partner for ShemarooVerse, Shemaroo Entertainment’s upcoming immersive platform. Together, the two companies aim to redefine the digital entertainment experience in India by combining Shemaroo’s extensive content library with PWR Chain’s cutting-edge blockchain technology.

With a digital footprint spanning over 50 content channels on YouTube, Shemaroo Entertainment boasts more than 200 million subscribers and garners 100 million views daily across categories such as Bollywood, regional, devotional, and children’s entertainment. ShemarooVerse is set to be a next-generation digital content platform, allowing users to explore, discover, and engage with Shemaroo’s diverse content in an entirely immersive environment.

Leveraging PWR Chain’s high-speed, decentralized blockchain infrastructure, ShemarooVerse aims to provide audiences in India and across the globe with a seamless, interactive experience. PWR Chain’s blockchain offers unmatched scalability and eco-friendliness, operating with minimal energy consumption while processing over 300,000 transactions per second. This innovative, low-carbon blockchain technology ensures that ShemarooVerse can scale without compromising on environmental sustainability—a key feature for the growing green-tech sector in entertainment.

As Shemaroo Entertainment transitions its vast portfolio of intellectual property (IP) onto the blockchain, PWR Chain’s infrastructure opens up unique monetization avenues for content creators. By utilizing tokenization and digital collectibles, creators can engage directly with their audiences in novel ways, including exclusive experiences, limited content releases, and new formats for fan interaction.

PWR Chain’s fixed-fee cost structure and its environmentally efficient operations enable content creators to monetize their work in a predictable and sustainable way, bringing both stability and creativity to the digital economy. The blockchain’s advanced interoperability supports a wide range of personalized, interactive features, enriching the viewer experience across devices and allowing fans to connect with their favorite content and creators like never before.

Arghya Chakravarty
Arghya Chakravarty

Arghya Chakravarty, Chief Operating Officer of Shemaroo Entertainment, expressed his enthusiasm for the partnership, saying, “Partnering with PWR Chain marks a transformative leap in digital engagement for Shemaroo Entertainment. ShemarooVerse will benefit from the speed, scalability, and sustainability of PWR Chain’s blockchain infrastructure, offering audiences a more immersive, secure entertainment experience while providing creators with unique monetization avenues. We are thrilled to bring ShemarooVerse to life in a way that resonates with the evolving preferences of digital consumers.”

Melanie Mohr
Melanie Mohr

Melanie Mohr, CEO at PWR Labs, also shared her excitement, stating, “Shemaroo Entertainment’s leadership in Indian entertainment provides an ideal platform to demonstrate PWR Chain’s high-performance, eco-friendly blockchain technology. This partnership not only underscores the potential of blockchain for enhancing digital experiences but also positions PWR Chain to drive growth and create engaging opportunities within India’s entertainment industry.”

This partnership sets a new benchmark for India’s entertainment industry, combining the traditional media expertise of Shemaroo Entertainment with the innovative potential of blockchain technology. By exclusively hosting ShemarooVerse on PWR Chain, the two companies are poised to reshape India’s digital entertainment landscape. This collaboration signals a future where fans, creators, and content producers can engage in more meaningful, immersive, and sustainable ways, further bridging the gap between traditional media and the emerging Web3 ecosystem.

Tags: Arghya ChakravartyMelanie MohrPWR ChainShemaroo EntertainmentShemarooVerse

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