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The Abstract Blockchain announced a strategic partnership with Open Architecture K-POP Agency Modhaus.
The press release shared with with Cryptonews it remarks Modhaus Fans’ connection platform Cosmo will be launched on abstract. The goal of partners are trying to bridge global entertainment and blockchain, they said.
Cosmo is a platform that allows millions of fans to collect digital collector items and voting tokens that can be used to vote on specific decisions. They can also collect digital photographs and complete interactive tasks.
According to Michael Lee, an abstract co-founder and CEO: “Cosmo is exactly what the abstract is built-space, where fans not only watch, vote, collect and move with synchronization with their favorite artists.”
In addition, the transition to abstract will provide Cosmo and its users faster performance and scalable infrastructure, as teams claim. They also get easier on board via e -mail, touch ID or face ID.
“Fans will gain all the benefits of blockchain without having to understand it,” says the announcement and “deeper integration into the growing ecosystem of culturally relevant consumer applications.”
According to CEO Modhaus Jaden Jeong: “Fans deserve a real chair at the table – not just like viewers, but as participants in the creative process.”
Partnership with abstract, he continues, allows Modhaus to create a absorbing and democratic standard for the interaction of artist-fan “without force fans to navigate the complexity of blockchain technology”.
9 million packed photocands
Abstract says that it recorded nearly 2 million abstract global wallets deployed, while the user base was mainly composed of consumers Gen A and the “discretion expenditure power in high HDP markets”. As a result, the chain is “a uniquely valuable platform for brands that want to activate a digitally native, culturally smooth audience,” he says.
Meanwhile, which was launched in 2021, Modhaus is a South Korean entertainment company behind the K-POP groups triple, ArtMsand idntt. Company gained $ 8 million In the round of financing the series and at the end of 2023, resulting in a total of $ 12 million.
Team he argues that “fans should have more power over the production of their favorite artists.” He adds that “Modhaus will expand the role of fans from only consumers to decision -making producers.”
So far, 266,000 users, 9 million photocands and 1.5 million monthly transactions have seen Cs.
In addition, the partnership between the two companies is coming when the multi-billion-dollar Global K-POP fandom is still growing, powered by digitally native users.
As for the Modhaus group specifically, Triples recorded 3.4 million followers and won the best new female artist at the main price, Awards Mama Awards 2023.
Abstract’s Lee concluded that “Cosmo and Abstract are not just technology together – they are a prototype for a new cultural operating system. The one that brings back what the Internet has lost: entertainment, ownership and unapable creativity.”
Contribution Abstract and agency K-POP Agency Modhaus Partner to give fans a “real chair at the table” He appeared for the first time Cryptonews.
