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03.12 - 10:35
HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs
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blockchain.newsAnimoca Brands is partnering with Cube Entertainment to build metaverse and non-fungible tokens (NFTs) as K-pop has been taking the world by storm, the executive chairman of the company said.
The joint venture between the Hong Kong-based Animoca Brands and South Korean entertainment company Cube Entertainment, aims to build a music metaverse, and issue NFTs and ecosystem tokens based on the intellectual property rights of Cube Entertainment’s globally popular K-pop music artists and actors, the company said.
In this partnership, the two companies will work together to create NFTs by using resources, including digital sound sources, albums, portraits, and avatars of popular K-pop artists under the management of Cube Entertainment.
Cube
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