[CLSTR]
< Back to all clusters
[TECHNOLOGY] · South Korea · 6 sources

started · updated

Soneium and DayOneDream partner to tokenize K-pop revenue

K-pop blockchain tokenization real-world assets intellectual property

Soneium, an Ethereum layer 2 blockchain developed by Sony Group and Startale Group, has partnered with South Korean entertainment company DayOneDream to tokenize K-pop intellectual property (IP) as onchain assets.

The collaboration utilizes DayOneDream’s tokenization platform, WAVIST, to provide eligible users with tokenized exposure to revenue generated from concerts, streaming, and music rights. This initiative aims to create new funding sources for rights holders while allowing fans to share in the economic value of the artists they follow.

DayOneDream manages several artists, including BTOB, Lee Chae Yeon, MeMi, and 2F. The companies announced the deal during Korea Blockchain Week in Seoul. The partnership follows a previous successful cycle in May, where WAVIST completed the issuance, redemption, and burning of a tokenized bond used to finance K-pop IP.

Entities

DayOneDream · Soneium · Sony Group · Startale Group · WAVIST

Sources

Soneium Backs Tokenized IP Growth With 99. 9% Uptime Target [www.tronweekly.com]
บล็อกเชน Sony เตรียมดึงตลาด K-pop มาแปลงเป็นสินทรัพย์บนโลกดิจิทัล [siamblockchain.com]
Sony-Backed Soneium Partners With DayOneDream to Tokenize K-Pop Revenue - Unchained [unchainedcrypto.com]
Sony-backed blockchain Soneium partners with K-pop company DayOneDream to tokenize artist IP [www.musicbusinessworldwide.com]
Soneium And DayOneDream Want To Put K-Pop Revenue Onchain [bitcoinist.com]
Soneium and DayOneDream bring K-pop IP onchain as tokenised assets [thenextweb.com]