(Date 2021-11-19 17:16:28)
FSN, KOSDAQ listed company 214270, has revealed their first official NFT (Non-Fungible Token) project.
On 18 November, FSN has disclosed that NFT collection to celebrate T-ARA’s recent comeback in almost 4 years in cooperation with SIX-NETWORK, their blockchain subsidiary company. The official
Regarding FSN’s first K-POP NFT project is not only Korea, but overall Asian market including China, Thailand, and Vietnam. Launched in collaboration with DINGO, a mobile media channel operated by MakeUs, and SIX-NETWORK, this NFT collection for T-ARA is available in 4 languages (English, Korean, Chinese, Vietnamese).
The company has enclosed that this T-ARA NFT collection is open for the entire Asian region, for their widespread fan groups amassed around Korea, as well as China and Southeast Asia. Moreover, T-ARA’s music video ‘TIKI TAKA’, released on DINGO YouTube Channel on 15th , is recording more than 3.2 million views and 40k comments, mostly written by fans abroad.
T-ARA NFT is going to be launched on Binance Smart Chain (BSC), available for purchase in SIX token (SIX). For anyone who wishes to purchase can swap their crypto assets into SIX tokens via ‘Definix’, a Decentralized Exchange (DEX) operated by SIX-NETWORK or purchase SIX token from Coinone (Centralized Exchange) to buy the NFT. According to the company, the generated profits from this project will be utilized to expand the ecosystem of Definix and its governance token, FINIX.
LEE Sang Seok, FSN CEO said “Regarding this T-ARA NFT as FSN’s start, we are going to expand NFT business with K-POP contents IP at the fastest, and aggressively broaden the categories of NFT. This is not a mere plan. We’ve got essential skills and organization. With our enriched experience in operating Decentralized Exchange (DEX) and our competitiveness as a blockchain leader for leading K-POP contents IP via DINGO, we are going to do our best to predominate the Asian DeFi and NFT market.”
DINGO, a mobile media channel of MAKEUS where FSN is standing for the largest shareholder, has participated in T-ARA’s new album “Re:T-ARA”, their comeback in 4 years. This is the first time for DINGO, possessing various experience of collaborating with numerous artists, to participate in girl group’s album production. Regarding T-ARA as a start, DINGO will actively engage in direct album production with K-POP artists on continuous momentum. The accumulated contents on DINGO YouTube channel are 14,154 with more than 7 billion views.
“We have been persistently enhancing and commercializing our NFT skills via SIX-NETWORK, such as the integration of Snap, an image IP protection service, into Kakao Klip on July 2020. Based on our experience as one of Klaytn governance council and operator of “Definix” with certified security inspection, we are expecting to generate diverse synergetic impacts among DeFi and NFT platforms, such as connecting NFT marketplace in Definix “ said, LEE Sang Seok, FSN CEO.
Website for T-ARA’s NFT is currently open, and the NFT sales is going to be available on 22nd.
NFT means “non-fungible token,” and it can technically contain anything digital, including drawings, animated GIFs, songs, or items in video games. Non-fungible means it is individual. The opposite, fungible, has examples like bitcoin
According to NFT data portal NonFungible, the trading volume of NFT Market has rapidly increased from $66.83 million USD last year to $4.3 billion USD this year September. Also DeFiLlama, a DeFi data analytics site, said the total value locked on DeFi projects recorded $269.4 billion USD (Nov 8th).