– MOU for joint project of music intellectual property rights NFT with nine music production and entertainment companies including RBW
– Starting with music IP, it expands to all entertainment areas such as portrait rights, broadcasting, and performances
– New F2E Milestones with Web 3.0 Era Services
Global music IP NFT platform, MetaBeat, announced on the 13th that it has signed strategic partnerships with nine companies including RBW, Woori-net, Content X, Studio Jamm, WM Entertainment, DSP Media, TR Entertainment, Beats Entertainment, and J Storm.
Through this partnership, MetaBeat is conducting marketing and promotion efforts to strengthen global fandoms based on K-POP music content IP. Additionally, MetaBeat will release NFT based on music content IP of domestic artists, such as Mamamoo and ONEUS, on its global platform in August.
RBW, together with its affiliate labels, WM Entertainment and DSP Media, plans to support the MetaBeat service based on IP of more than 4,000 music contents.
In addition, with this strategic partner, Content X will be creating new revenues through various tangible and intangible assets of K-POP, such as portrait rights, broadcasting, and performances, beyond distribution of music content IP. In this process, they plan to build a foundation to support the K-POP industry with various reward programs.
MetaBeat uses blockchain technology to distribute music content IP in the form of NFTs. The purpose is to maximize the value of the artist’s creations together with the fandom that has led popular culture.
To this end, MetaBeat encourages active participation in its own Drops, Mingle, and Shout-Out services that connect artists and fandom. Various types of rewards within these services provide independent F2E (FAN TO EARN) beyond simple music content IP NFT distribution.
MetaBeat’s service allows customers who participate in the platform to directly own various types of intangible assets. Thanks to the differentiation from similar services that were limited to the distribution of existing music content IP, it is now possible to present a vision on building a strong fandom between artists and fans through various forms of collaborations with entertainment companies.
On the MetaBeat platform, the fandoms that have led pop culture will have the opportunity to maximize the value of the artists’ creations through distribution of neighboring rights in the form of NFTs. They can participate in MetaBeat’s Drops, Mingle, and Shout-Out services that connect artists and fandom, and utilize MetaBeat’s independent F2E (FAN-TO-EARN) system beyond simple distribution of music IP through various forms of compensation. Unlike similar services that were limited to the distribution of music IPs only, MetaBeat users will have access to own various types of intangible assets, and realize the vision to build even stronger fandom in the relationship between artists and fans through various forms of collaborations with the entertainment companies.
Media Inquiries:
Korea – KyuSuk Jeong (wjdrbtjr913@metabeat.io)
WORLDWIDE – Chris Jeralyn Venegas (chris@metabeat.io)
Media Contact
Company Name: MetaBeat
Contact Person: KyuSuk Jeong & Chris Jeralyn Venegas
Email: Send Email
Country: South Korea
Website: https://metabeat.io