Sunday, March 27, 2022 12:24:11 PM
I'm still holding shares because the company has talked about NFT's and the metaverse many months ago, leading me to believe that they have the foresight to able to tap into virtual concerts in the future.
If they get their top 1,000 musicians booking a virtual concert every night between them, that's a much simpler way to attract a worldwide size audience, along with the ticket sales and merchandise that can go with it.
Even if a startup musician or band, just getting $20 per ticket for virtual concert, that's a lot of money for the artist and FDBL's cut of merchandise and other services that they offer could become significant.
My guess is that a good chunk of the capital raise going on will be for metaverse properties, NFT creations and virtual concert promotions. They'll need that if they want to become the leader of the virtual concert pack, IMO. And that's the route I'll be looking for to keep me invested here.
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