NFT Metabeat Platform enters into strategic alliance with K-POP companies
Metabeat, NFT's global music platform, has signed a memorandum of understanding for NFT's joint music intellectual property rights project with 6 music production and entertainment companies. Strategic partnership agreements have been signed with RBW, WM Entertainment, DSP Media, TR Entertainment, Beats Entertainment and Studio Jam.
Through this strategic partnership with Korea's leading entertainment companies, Metabeat plans to develop and promote global fandoms based on K-POP music intellectual property. In August, it will launch NFT as a global platform based on the music rights of major artists such as Mamamoo and Oneus.
On the Metabeat platform, pop culture fandoms will have the opportunity to maximize the value of artists' creations by distributing neighborhood rights in the form of NFT. They can participate in Metabeat drops, mix and offer services that unite artists and fantasy, and use the independent Metabeat F2E (FAN-TO-EARN) system for various forms of remuneration, in addition to simply distributing musical intellectual property. Unlike similar services that were limited to distributing only music rights, Metabeat users will have access to a variety of intangible assets and through various forms of cooperation create an even stronger fandom in the relationship between artists and fans. In any case, such a vision is promoted by entertainment companies.
RBW has music rights from various artists who were pioneers of K-pop, such as Mamamoo, Secret, BAP, K.Will, 4Men and Wheesung. The list has been constantly expanding, and now has more than 2,500 songs, including WM Entertainment last year and DP Media earlier this year.
A Metabeat representative said:
"Metabeat plans to redefine the relationship between artists and fantasy, which is the core of the K-POP music industry, through a global music business in line with the Web3 era, as well as introduce a development platform where fantasy leads the development of artists. In the future, with a set of additional alliances, we will present various F2E (FAN TO EARN) programs that implement communication between different artists and fandoms, and will play a role in the development of K-POP in the global market."
https://coin-signal.com/cryptonews/nft-metabeat-platform-enters-into-strategic-alliance-with-k-pop-companies/
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