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Sony-Backed Soneium Partners With DayOneDream to Tokenize K-Pop Revenue

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Soneium and DayOneDream have partnered to put K-pop intellectual property and related revenue onchain as tokenized assets. The arrangement also points to a user-facing platform, WAVIST, for exposure to concert, streaming and music-rights revenue.

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Key claims & sources

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Soneium, the Ethereum layer 2 blockchain developed by Sony Group and Startale Group, partnered with South Korean entertainment company DayOneDream to tokenize K-pop intellectual property and the revenue tied to it.
Sony-Backed Soneium Partners With DayOneDream to Tokenize K-Pop Revenue
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DayOneDream manages artists including BTOB, Lee Chae Yeon, MeMi and 2F, and it runs concerts and music publishing.
Sony-Backed Soneium Partners With DayOneDream to Tokenize K-Pop Revenue
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The deal could give eligible users exposure to concert, streaming and music-rights revenue through DayOneDream’s WAVIST platform.
Soneium Partners With DayOneDream to Tokenize K-Pop Revenue
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WAVIST is the platform named for accessing the tokenized revenue tied to the deal.
Soneium Partners With DayOneDream to Tokenize K-Pop Revenue

What it means

This affects people looking at K-pop-linked digital assets and DayOneDream’s artist ecosystem, because the partnership places K-pop intellectual property and related revenue onchain. It also matters for users who would access the arrangement through WAVIST, where the revenue categories named are concert, streaming and music-rights revenue.

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Sep 29 02:30