The US-based Metaverse concert organizer has partnered with South Korea’s Klaytn blockchain network. The purpose is to bring leading global music entertainment stars to the Metaverse.
The metaverse concert organizer Animal Concerts has partnered with South Korean unicorn Kakao’s Klaytn network to increase its exposure. The Korean entertainment industry will facilitate Klaytn’s global expansion plans.
In the 10th January announcement, this Korean brand explains the partnership between the animal concerts and Clayton. This collaboration aims to enhance the NFTs numbers that are trading on the platform.
Moreover, Klaytn is one of just three blockchains with local support on OpenSea. This website is the largest NFT marketplace but has the lowest trading volume. Also, Klaytn’s parent company Kakao is also planning an NFT and Metaverse platform called Kakao Games.
Animal Concerts will organize and promote concerts in the Metaverse. The plan is on issuing a cryptocurrency, nonfungible tokens (NFT), and merchandise for top recording artists.
Moreover, this US-based brand has already collaborated with Alicia Keys to promote her album KEYS. Further, Fitzpatrick Cointelegraph that working with Klaytn is a genuine fit as they are actively working on the NFTs and Metaverse.
He also hopes to gain better access to the $6 billion South Korean music entertainment market.
