The new DEFI platform enters the market! Earn passively - token sale 0.25 $ I'm going in!

Animoca Brands reveals plans for a K-pop NFT metaverse.

3 min reading

Animoca Brands has unveiled a partnership with Cube Entertainment, a Korean record label, to create a "K-pop metaverse."

Nonfungible tokens (NFTs) are continuing to rattle the conventional entertainment industries, with Animoca Brands partnering with Cube Entertainment, a Korean record label, talent agency, and music production company, to create a "K-pop music metaverse."

The partnership, which was announced on November 15, will see Animoca and Cube collaborate to produce multimedia NFTs honouring Cube's collection of popular actors and K-pop musicians. The NFTs will incorporate digital sound sources including full-length albums, and also images such as artist portraits and album art.

Animoca Brands CEO of Yat Siu stated that he is looking forward to working with Cube to "make the open metaverse a reality." The partnership, according to Animoca, will allow "true digital property rights and other blockchain benefits" for both Cube's roster artists and their fans.

The alliance would be "an important beginning for leading the global digital culture market and advancing the digital content industry," according to Cube CEO Ahn Woo Hyung.

BtoB, Pentagon, (G)I-DLE, and Lightsum are among the 50 K-pop artists managed by Cube.

Siu has long asserted the destructive form of ownership facilitated by nonfungible tokens, equating the impact of nonfungible tokens on property rights development to the Renaissance in early-modern Europe in July 2020.

Animoca has been directly associated with various significant milestones in the development of NFTs, having invested in Dapper Labs after experiencing the firm bring the Ethereum network to its knees as a consequence of the enormous success of CryptoKitties in 2017.

Animoca endorsed a global licensing agreement with Formula 1 for the release of its F1 Delta Time game in 2020, before selling $3 million in digital land NFTs for its metaverse subsidiary. The Sandbox is an initial exchange offering hosted by Binance at the end of the year.

The Sandbox raised an additional $93 million in November 2021 to expand its NFT metaverse.



Currency Exchange rate Buy cryptocurrency

The new DEFI platform enters the market! Earn passively - token sale 0.25 $

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Lushup Holdings FZ LEE. Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the tokeneo.com/news/pl website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Lushup Holdings FZ LEE, Fujairah - Creative Tower, P.O.Box 4422 Fujairah, United Arabs Emirates.

The full document to read the Tokeneo privacy policy is available in this document.

Advanced settings can be changed in your browser.