Metaplex Foundation and K Wave Media Launch Gaon Project for Korean Entertainment IP
The initiative aims to bring Korean entertainment intellectual property, including K-pop, dramas, and films, onchain through tokenized assets tied to the global K-Culture industry.
Summary
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Terms & Concepts
onchain: Recorded and managed directly on a blockchain network rather than through a traditional centralized database.
tokenize: Convert rights or assets into blockchain-based digital tokens that can be tracked, transferred, or used in online ecosystems.
intellectual property: Legally protected creative works or brands, such as music, films, characters, and related media rights.