{"id":367096,"date":"2021-11-15T07:18:44","date_gmt":"2021-11-15T04:18:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/animoca-brands-unveils-plans-for-k-pop-nft-metaverse\/"},"modified":"2021-11-15T07:18:44","modified_gmt":"2021-11-15T04:18:44","slug":"animoca-brands-unveils-plans-for-k-pop-nft-metaverse","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/animoca-brands-unveils-plans-for-k-pop-nft-metaverse\/","title":{"rendered":"# Animoca Brands unveils plans for K-pop NFT metaverse"},"content":{"rendered":"<p>&#8220;<strong># Animoca Brands unveils plans for K-pop NFT metaverse <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvODA4NmU4Y2EtNTQ0Ny00NzIyLWFlZjUtYTZlZmQ5ZjUyNzk2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build a \u201cK-pop music metaverse.\u201d<\/p>\n<p>Announced on Nov. 15, the partnership will see Animoca and Cube work together to create multi<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> NFTs celebrating popular actors and K-pop musicians on Cube\u2019s roster.\u00a0The NFTs will feature images such as artist portraits and album art, and also include digital sound sources such as full-length albums.<\/p>\n<p>Yat Siu, the chief executive of Animoca Brands, stated that he cannot wait to begin working with Cube to \u201cmake the open metaverse a reality.\u201d Animoca described the partnership as enabling \u201ctrue digital property rights and other blockchain benefits\u201d for both the artists on Cube\u2019s roster and their fans.<\/p>\n<p>Ahn Woo Hyung, CEO of Cube, said that the collaboration will be \u201can important beginning for leading the global digital culture market and advancing the digital content industry.&#8221;<\/p>\n<p>Cube manages roughly 50 K-pop artists, including BtoB, Pentagon, (G)I-DLE and Lightsum. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>NFTs offer a new way for society to \u2018store culture\u2019 says Animoca Brands CEO<\/em><\/strong><\/p>\n<p>Siu has long emphasized the disruptive form of ownership enabled by NFTs, previously likening the impact of nonfungible tokens on the advancement of property rights to the Renaissance in early-modern Europe in July 2020.<\/p>\n<p>Animoca has been closely linked to many key milestones in the growth of NFTs, having invested in D<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>er Labs after witnessing the firm bring the Ethereum network to its knees as a result of the rampant success of CryptoKitties in 2017 from a neighboring office.<\/p>\n<p>In 2020, Animoca secured a global licensing agreement with Formula 1 for the launch of its <em>F1 Delta Time <\/em><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>, before selling $3 million worth of virtual land NFTs for its metaverse subsidiary <em>The Sandbox<\/em> in an initial exchange offering hosted by Binance at the end of the year.<\/p>\n<p>At the start of November 2021, <em>The Sandbox<\/em> raised a further $93 million to expand its NFT metaverse.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/animoca-brands-unveils-plans-for-k-pop-nft-metaverse\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Animoca Brands unveils plans for K-pop NFT metaverse &#8221; Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build a \u201cK-pop music metaverse.\u201d Announced on Nov. 15, the partnership will see Animoca and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":367097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvODA4NmU4Y2EtNTQ0Ny00NzIyLWFlZjUtYTZlZmQ5ZjUyNzk2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[91498,95118,72420],"class_list":["post-367096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-metaverse","tag-nft","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/367096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=367096"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/367096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/367097"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=367096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=367096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=367096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}