This is an exciting development for us, further progressing innovation in our ecosystem for dynamic application of our proprietary Fusion and Hybrid DOTs addressing rights of ownership to physical items and intangible assets respectively. Film, TV, streaming, and media offer the potential for accelerated engagement with different communities in a range of areas. DOTs have great potential in application in the ways that a production, the set, the characters engage with the audience real time, as well in ownership of IP, special content and interviews with the stars, to note a few. DOTs also have potential to how productions can be financed upfront, how rights are set up around and perhaps how fans could impact decision making around a production.
I have really enjoyed getting to know the talented founder and CEO of Phoenix Waters, Bizhan Tong, and we all benefit from the creativity that the Phoenix Waters team brings to our broader business. Phoenix Waters Productions are already addressing different genres of production content and some of those leverage complementary metaverse themes of gamification, cryptocurrency and DOTs. The Hong Kong and United Kingdom subsidiaries of Phoenix Waters tap support balance and ambition to access different global viewing bases, cultures and interests.
Forensic Psychologist, the crime series, produced by Bizhan and his team will be playing for broadcasters and streamers in cinemas across the globe – this is unprecedented for a Hong Kong series. Then there is the upcoming super hero series Evos. The acclaimed Singaporean artist Johnny Lau, the creator of Mr Kiasu and Jump Class, has partnered with Phoenix Waters to create a comic run of Evos, where the comics will be turned into physical and digital DOTs. Crypto Keepers is Asia’s first DOT crypto drama and the Hong Kong remake of Richard Linklater's Tape is also due to shoot this Spring. Hong Kong's biggest zombie film in history Chungking Mansions continues to build an all-star international cast which will be announced soon. I probably should not comment further but I would not be surprised if DOTs feature in different ways, providing new ways for viewers to participate.
The range of content coming out of Phoenix Waters is really phenomenal. This content and that to come is so interesting for us to work with as we think about how both businesses leverage DOTs and blockchain off each other’s strengths. The integration of Phoenix Waters into our business, supporting new strategies in entertainment and media, builds on a core objective; to bridge increasingly diverse global communities with relevant themes of substance and enjoyment. No doubt it will also influence innovative ways that we can support artists and partners in other parts of our business in bringing art and collectibles to people. A warm welcome to Bizhan and the Phoenix Waters team.