Animoca Brands announces the program to develop the NFT universe and the metaverse for K-pop
In trying to keep with NFT’s booming trend, the giant Animoca Brands continues to penetrate the Korean music marketplace with the ambition to increase its prese...
In trying to keep with NFT’s booming trend, the giant Animoca Brands continues to penetrate the Korean music marketplace with the ambition to increase its presence.
On November 15, Animoca Brands announced a partnership with prosperous Korean record label, talent management and music manufacturing firm Cube Entertainment, to develop a Metaverse universe solely for K-pop.
Animoca Brands and Cube Entertainment (@cubeunited) announced a joint venture for the objective of making a music #metaverse, and situation #NFT and ecosystem tokens primarily based on Cube Ent’s IP rights #POP KOREAN artists and musical actors.https://t.co/PUOFvrj9iU
– Animoca Brands (@animocabrands) November 15, 2021
The partnership will inspire Animoca Brands and Cube to operate collectively to make one of a kind NFTs that honor Cube’s roster of famed K-pop actors and musicians. The NFT will consist of photos this kind of as artist portraits and album covers.
Yat Siu, CEO of Animoca Brands, says he is seeking forward to commencing doing work with Cube to recognize the dream of the Metaverse in K-pop. Cube manages close to 50 K-pop artists, such as well-known bands and singers like BtoB, Pentagon, (G) I-DLE, and Lightsum.
Animoca is closely linked to a lot of milestones in the improvement of the NFT market. The highlight is the investment in Dapper Labs, the stepping stone behind the results of Axie Infinity (AXS) and the main publisher of the metaverse game The Sandbox (SAND) launched in 2018 on Ethereum. In early November 2021, The Sandbox raised an more $ 93 million to increase its platform.
Synthetic currency 68
Maybe you are interested:
More From Crypto News
XRP Hits $1.60 on $7.4B Volume as Futures Fail to Confirm Squeeze
XRP futures monthly trading volume had already reached a six-month high in the period leading up to this move, suggesting derivatives markets were increasingly...
Binance Reportedly Faces U.S. Investigation Over Iran-Linked Trading
S. prosecutors are reportedly examining Iran-linked trading activity on Binance, according to a report from CryptoPotato, adding a fresh layer of regulatory pre...
Cardano Integrates x402 as ADA Gains 6%
The Cardano Foundation announced on September 21, 2026 that Cardano is now part of the official x402 payment protocol SDK, enabling any application or AI agent...
Animoca Brands Pauses Currenc Merger Plan
Animoca Brands has paused its proposed merger with Currenc, a deal that would have served as the Web3 gaming and investment company’s route to becoming a public...
Aave Borrowing Limit Proposal Puts Bitcoin-Backed Loans at Risk
A governance proposal under discussion on Aave could tighten maximum borrowing limits for Bitcoin-backed positions, and analysts warn that even a 4. 7% decline...
SoFi Bank, Mastercard Launch Stablecoin Settlement Network
Traditional card payments split into two phases: authorization happens in milliseconds, but final settlement, the actual transfer of funds between financial ins...
