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Soneium And DayOneDream Want To Put K-Pop Revenue Onchain

Bitcoinist
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Soneium And DayOneDream Want To Put K-Pop Revenue Onchain

Sony-backed Ethereum Layer 2 Soneium has partnered with South Korean entertainment group DayOneDream. The companies plan to develop tokenized K-pop intellectual property and revenue products through the WAVIST platform. Future offerings could provide eligible investors with exposure to cash flows from concerts, streaming and music rights, subject to regulatory requirements.

Key Takeaways

  1. Sony-backed Ethereum Layer 2 Soneium has partnered with South Korean entertainment group DayOneDream.
  2. The companies plan to develop tokenized K-pop intellectual property and revenue products through the WAVIST platform.
  3. Future offerings could provide eligible investors with exposure to cash flows from concerts, streaming and music rights, subject to regulatory requirements.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.