Blockchain modern technology has no doubt revolutionized the technical world, utilized is a number of balls like remittance settlements, medical facility documents, circulation of universal basic revenue etc. but one of its most fascinating applications remains in Korea’s entertainment industry.
The South Korean enjoyment company, z-POP Desire Job means to utilize the innovation to locate the new K-Pop celebrity and also construct the upcoming home entertainment system. K-Pop or Oriental Pop has actually ended up being the brand-new face of the Oriental entertainment industry, with its popularity not simply limited to Asia however has actually spread throughout the world.
The intent is to develop a plethora of talent and an overarching framework for the exploration of brand-new talent for Z-POP worth a whopping $46 billion, as voiced by their Chief Executive Officer Jun Kang to the Korea Herald.
Ballot, being one of the crucial elements in the ability company will be built on an Ethereum blockchain, in order to make sure safety and security and also openness of the tally. The goal of this partnership will certainly be to nurture and also help grow talent, raise their fan base as well as help develop future pop celebrities.
A “Celebrity Development” segment is also on the cards, with the Z-POP Dream Tryout being held in the adhering to areas: Korea, Hong Kong, Japan, the Philippines, India, Indonesia, Vietnam, Malaysia, Taiwan, and Singapore.
A token system has also been executed for this program, with a first token offering arranged for October. The token system will operate with a two-pronged objective, to create a sustainable foundation for the task to ensure that it can grow as well as the various other will certainly be to produce an international monetization platform that will certainly develop a streamlined procedure to channelize the token profits produced by the business.
Z-Pop Desire will certainly have its own cryptographic token, the ZPOP coin, which has a whitelist price of $0.08 for 1ZPOP. The overall supply will be 4 billion symbols, 1 $10 million soft cap, as well as a $100 million tough cap.
Brunda is currently a Blockchain Correspondent at Peopleperbitcoin and has been in the journalism industry for more than 4 years. She churns out different articles on cryptocurrency and Blockchain technology. With writing as a passion and profession, she has previously written several articles on lifestyle, health, cricket, and entertainment. When she is not writing, she is busy binge-watching TV shows or movies.