Yes, it can be. In the world of media and entertainment, companies often keep an eye on fan - created content. For The Hobbit, it's no different. They might be interested in what fans are doing with the story, as it gives them insights into the fanbase's interests and creativity.
Most likely, characters from 'The Hobbit' like Bilbo Baggins and Gandalf would be main characters. They would be the ones interacting with elements of the Matrix world.
Most likely, the main characters would include Bilbo Baggins. Since it's a Hobbit - centered fanfiction, he's bound to play a significant role. He might be the one whose fate is changing or the catalyst for the change in others' fates.
Often in such fanfiction, there's a hobbit protagonist, perhaps named Sam - like. He is deeply in love with the land and is constantly exploring it. There could also be some other hobbits who join him on his adventures. And there might be some non - hobbit characters as well, like an elf who has a shared interest in protecting the land and teams up with the hobbits.
Most likely, the main characters would be Hobbits like Bilbo Baggins or Frodo Baggins. Hobbits are central to 'The Hobbit' story, so it's reasonable to assume they'd be the main focus in this fanfiction as well.
It could be about a hobbit with unique abilities. For example, a hobbit who can communicate with animals, which is not a common trait in traditional Tolkien's hobbits. This would add a fresh twist to the hobbit lore.
Some characters might be amused. For example, Bilbo himself might find it interesting to see different interpretations of his adventures. He could be entertained by how the fanfiction writers expand on his character or the relationships he has with other characters in Middle - earth.
In 'Game of Thrones', the reactions would vary greatly. Jaime Lannister might see the honor and loyalty shown in 'The Hobbit' fanfiction as a bit naive. He has seen so much backstabbing in his own world that the more straightforward relationships in the fanfiction might seem odd to him. Sansa Stark, who has endured a great deal of hardship, might find comfort in the more idyllic settings of 'The Hobbit' fanfiction. It could remind her of a simpler time before her family was torn apart. And Bran, with his new - found powers and understanding of different realms, might be the most open - minded. He could see parallels between the magic in Middle - earth and the magic he has witnessed in his own world. He might even try to learn from the fanfiction about how different races coexist peacefully, something that is rare in Westeros.
Research different aspects of Middle - earth that haven't been fully explored in relation to hobbits. This could include their relationship with the Ents or the Dwarves in more depth. Incorporate these elements into your fanfiction. Also, consider changing the hobbit's social structure. Maybe in your fanfiction, there are different classes of hobbits with different roles and powers. This can create a very different kind of hobbit society for your story.
Bilbo Baggins is extremely important. He is the main character whose journey we follow. He is a hobbit who is initially reluctant to go on an adventure but grows into a brave and clever adventurer. Gandalf the wizard is also crucial. He is the one who sets the adventure in motion and often provides guidance and help to Bilbo and the dwarves.