Through blockchain technology, it solves the problems of transparency and profit distribution in the existing entertainment industry, and activates the community ecosystem by maximizing participation and rewards. It also applies NFT technology to expand the diversity of the digital item trading market.
Data Transparency
The impossible nature of blockchain being forged or data being falsified, provides assurances to users when using ‘hearts’ to vote on app content. K WAVE’s blockchain technology provides a transparent and trust-based voting environment
Digital Item Trade
The application of NFT technology guarantees safer exclusive ownership of content.
This groundbreaking solution to mass copying will enhance security and provide new and innovative ways for stars to upload their digital music, images, videos and other content
Infrastructure
Cost Reduction
By applying blockchain, a decentralized system, it is possible to build a platform at low cost. In addition, as an ecosystem without intermediary distributors and intermediaries, content and product sales revenues are paid directly to the stars and the transactions are recorded in a transparent manner
Sustainable
Ecosystem
Transparency and clear ownership can lead to immediate rewards for both fans and stars. They will also positively motivate a sustainable ecosystem where all members can coexist for mutual benefit
All objects are unique and have value through their individuality.
This is why most precious things exit as material form. The moment something is easily
replicable in the digital space, the original object drastically loses its unique worth.
The NFT (non-fungible token) ensures an object’s unique worth is maintained throughout
the virtual world by making tokens irreplaceable.
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