VPNAcquire AccountSubscribeSubmit DAPP
Switch Language:
Home > News > context

Korean Entertainment Project Taps Ethereum Blockchain in K-Pop Idol Search


Z-POP Dream Project, a South Korea based entertainment provider, plans to use blockchaintechnology to find the next K-pop talent and develop a new entertainment platform. K-pop is a form of South Korean popular music.

CEO Jun Kang, who played a key role in creating the company, wants to build a global entertainment ecosystem to support and discover new talent for the $46 billion global musicbusiness, according to Korea Herald.

Blockchain To Provide Transparency

Z-POP will use the Ethereum blockchain to enable fans to vote for their favorite entertainers in award ceremonies and auditions with more transparency, the company said. The project will discover and nurture talent, empower fans to support talent and develop talent into global stars.

The company plans to establish a “Star creation” platform that will include the Z-POP Dream Audition in 10 regions: Korea, Hong Kong, Japan, the Philippines, India, Indonesia, Vietnam, Malaysia, Taiwan and Singapore. The platform will also include a "Star Academies."

Kang said access to the global music stage will be more possible for artists seeking to demonstrate their talent.

The project has already created global K-pop acts including WannaOne, Girls’ Generation, BTS, Big Bank, 2NE1, Boa, TVXQ, EXO and PSY, according to its website.

This year, the project secured its first partnership with the People’s Television Network Inc., the Philippine’s state-owned TV broadcast station, and Viva Entertainment Inc.

Token Offering Planned

The project has announced an initial token offering, beginning in October, to support the infrastructure, which will also develop a global monetization platform that will tokenize revenue through merchandise, concert tickets and admission to events.

The token price at whitelist will be 1 ZPOP for $0.08. There will be a $10 million soft cap, a $100 million hard cap, and a total supply of 4 billion tokens.


Interested in Block Chain Game, Welcome to JBB.ONE
Comments
0 / 1000
Breaking News
Ajuna Raises $5 Million for Its Web3 Gaming Platform
Ajuna Raises $5 Million for Its Web3 Gaming Platform
The Investor’s Guide to the GameFi Market – What’s Next?
The Investor’s Guide to the GameFi Market – What’s Next?
The Sandbox announces partnership with Cut the Rope creator ZeptoLab to build new Web3 experiences
The Sandbox announces partnership with Cut the Rope creator ZeptoLab to build new Web3 experiences
Meta Masters Guild raises more than $3.3 million during its presale
Meta Masters Guild raises more than $3.3 million during its presale
WeTransfer announces partnership with Minima to host NFTs
WeTransfer announces partnership with Minima to host NFTs
Shibuya to let NFT holders to shape the trajectory of its latest short
Shibuya to let NFT holders to shape the trajectory of its latest short
Doodlers announces Doodles 2 – prices spike on OpenSea
Doodlers announces Doodles 2 – prices spike on OpenSea
Square Enix reiterates its commitment to NFT and blockchain exploration
Square Enix reiterates its commitment to NFT and blockchain exploration
China unveils its first regulated NFT marketplace
China unveils its first regulated NFT marketplace