Blockchain to Boost Careers of Aspiring K-POP Artistes
A global entertainment platform in Korea is set to revolutionise the pop music industry through the use of blockchain technology.
Korean Pop (K-POP) has become a global phenomenon thanks to an extremely regimented, coordinated production system that blends addictive melodies, slick choreography, production extravagance, and a never-ending parade of attractive South Korean performers.
However, many fans only discover the K-POP superstar when they hit the big time, often missing out on the aspiring artiste’s journey to success. Z-POP Dream aims to change this by establishing a global entertainment ecosystem to discover hidden pop music talents whilst involving fans every step of the way.
Founded by the same team that launched global K-POP sensations PSY, Girls’ Generation, BTS, EXO, and WannaOne, Z-POP Dream is the first platform of its kind that will use blockchain to accelerate a new star’s rise to stardom. It aims to create an ecosystem which will be built hand-in-hand with millions of K-POP music fans across the world.
Z-POP Dream will set-up a ‘Star-creation Infrastructure,’ which will include Z-POP Star Academies and Z-POP Dream Audition in 10 countries and regions in addition to Korea, from the Philippines, Vietnam and Thailand to Malaysia, Hong Kong, Indonesia, India, Japan, Taiwan and Singapore. Fans will be invited to be an influential part of the process via the power of social media and blockchain.
On the Z-POP Dream platform, fans will be able to use ZPOP tokens to accumulate voting power in events like auditions and award ceremonies. Based on the Ethereum blockchain platform, Z-POP promises to ensure that the process is transparent and trustworthy, allowing fans to influence the destiny of their favourite stars made available during the project’s Initial Token Offering (ICO).
These tokens, used as the base currency in the Z-POP Dream ecosystem, will not only give fans exclusive access to merchandise and content but also the opportunity to be an influential part of the star creation process from the beginning.
Proceeds from the Initial Token Offering (ITO) will be used to create infrastructure for this star creation business and create a global online monetization platform, which will tokenize the revenue opportunities generated by the star creation business, including concert tickets, merchandise, online content and admission to exclusive events.
By combining these two elements, a substantial part of the current $46 billion global music market opportunity will inevitably involve the Z-POP ecosystem and fuel its token economy.
Mr Jun Kang, Founder of Z-POP Dream Project said:
“We aim to create a new generation of global pop stars through the power of the fans, to equalise the playing field and empower both fans and artists alike to better achieve their dreams. With our outstanding team of industry veterans and proven track record, breaching the global music stage will no longer be just a pipe dream for local artists aspiring to showcase their talent to the world. Z-POP Dream will be powered by hundreds of millions of K-POP music fans across the world using the company’s own cryptographic token, the ZPOP coin, which will be based on the Ethereum blockchain platform.”
The Initial Token Offering crowd sale will be launched in the fourth quarter of 2018.
For more details visit https://www.kpopcoin.tv/
By Joy Lewis.