• Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
Tuesday, September 26, 2023
No Result
View All Result
Our Bitcoin News
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
No Result
View All Result
Our Bitcoin News
No Result
View All Result

Kpop advances into metaverse with The Sandbox, Cube entertainment partnership

News
by Damien Martin
4 March 2022
Kpop advances into metaverse with The Sandbox, Cube entertainment partnership

Source: Unsplash

Share on FacebookShare on Twitter

Ethereum-based metaverse gaming platform The Sandbox and its parent company Animoca Brands are now partnering with Kpop agency Cube Entertainment in an effort to bring Kpop and K-Culture to the metaverse. With the latest partnership, the two companies will collaborate on expanding business opportunities in the metaverse and NFT.

The announcement came after Animoca Brands and Cube Entertainment established a joint venture called ‘AniCube’ in February this year. The venture aims to create a music metaverse and issue NFTs and ecosystem tokens based on Cube Ent IP’s K-pop music artists and actors.

The Kpop agency has already purchased a LAND in The Sandbox with plans to broadcast K-culture experiences through metaverse-related events. Cube Ent. will provide the content whereas The Sandbox will offer technical support.

“We are about to play the leading role to spread Korean culture around the world in the metaverse, the key of the fourth industrial revolution through this partnership with The Sandbox,” Ahn Woohyung, CEO of Cube Entertainment, said in the blog post. He added:

“Thanks to the global K-POP wave, Korean culture known as ‘K-Culture’ itself will have a powerful influence in every sector. We are planning to introduce this K-Culture with great potential to global users in a new space called metaverse.”

CUBE Entertainment is one of the top 5 major K-POP labels, followed by HYBE, YG Ent., JYP Ent., and SM Entertainment. With popular artists and Kpop groups, such as PENTAGON, CLC, (G)I-DLE, Park Sun Young, Park Mi Sun, Lee Hwee Jae, and more, the agency recorded more than 52.95 billion Korean won ($43.9 million) in net revenue last year.

The latest partnership followed suit the multiple strategic deals made by top Kpop entertainment agencies in the NFT and crypto sector. YG Entertainment, the Kpop label housing groups BLACKPINK and BIGBANG, recently partnered with Binance on several projects related to the blockchain industry.

HYBE, the agency behind renowned K-pop group BTS, has also moved forward with its NFT plans despite strong backlash from fans who expressed concerns over its environmental impact.

Tags: featured
Previous Post

Lido Finance obtains $70M investment from Andreessen Horowitz

Next Post

Sanctions result in Infura, MetaMask blocking access for certain countries

Damien Martin

Damien Martin

Damien has a rich history in the fintech and business reporting world. He is currently working at OBN to cover the most important news from the blockchain industry.

Related Posts

Dogecoin soars 10% ── Expected to be adopted by “X” | CoinDesk JAPAN | Coin Desk Japan

Dogecoin soars 10% ── Expected to be adopted by “X” | CoinDesk JAPAN | Coin Desk Japan

by Damien Martin
25 July 2023

Dogecoin (DOGE) rose for a second straight day on speculation that the memecoin will play a bigger role in the...

“Bitcoin / Web3 is necessary in the world” Hiroyuki × Yuzo Kano WebX special dialogue decision

Hiroyuki x Yuzo Kano Special Talk Report “Does Bitcoin/Web3 Need in the World?” | WebX Conference

by Kurt Ebenzer
25 July 2023

Focus on building emerging technologies Web3 and Bitcoin are said to be one of the hottest topics in the world,...

U.S. SEC Chairman Requests 10 Billion Yen Budget Increase, Including Support for Virtual Currency

US District Court Announces Date in Coinbase v. SEC Case

by Kurt Ebenzer
25 July 2023

Provide due dates for petitions and legal advice letters U.S. District Judge Catherine Polka Faira announced the upcoming schedule for...

No Result
View All Result

Recent Posts

  • Dogecoin soars 10% ── Expected to be adopted by “X” | CoinDesk JAPAN | Coin Desk Japan
  • Hiroyuki x Yuzo Kano Special Talk Report “Does Bitcoin/Web3 Need in the World?” | WebX Conference
  • US District Court Announces Date in Coinbase v. SEC Case
  • U.S. Ripple’s CTO highly evaluates the potential of real asset tokenization | WebX Conference
  • HashPort Group concludes basic agreement with KDDI to consider comprehensive collaboration in 3 Web areas | CoinDesk JAPAN | Coin Desk Japan
Our Bitcoin News

© 2021 Our Bitcoin News

Navigate

  • Home
  • Press Release
  • Sponsored
  • Our Journalists
  • Advertise
  • Editorial Policy
  • Privacy Policy
  • Terms & Conditions

Follow Us

No Result
View All Result
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners

© 2021 Our Bitcoin News