- Mantle Community’s Blockchain Mass Adoption Objectives Meet Fingerlabs’ Net 3.0 Enlargement Efforts
- First Korean Agency to Safe Mantle EcoFund Funding: Xclusive Advances Subsequent-Gen Content material Initiatives
SEOUL, South Korea, April 10, 2024 /PRNewswire/ — Fingerlabs, an affiliate of KOSDAQ-listed HYPER Company (065650, previously Medifron) introduced immediately a strategic alliance with Mantle Community, focusing on next-generation IP content material initiatives through Xclusive. Fingerlabs units a precedent as the primary South Korean agency to obtain funding from Mantle’s EcoFund, aiming to reinforce the worldwide distribution of Ok-Tradition content material.
Mantle Community is an Layer 2 community backed by a $3.8 billion on-chain treasury, one of many largest on the planet, and the one largest when discounting native tokens. Its acknowledged purpose is to drive the mass adoption of decentralized and token-governed applied sciences. It’s constantly bettering scalability and safety via a modular chain design and an progressive knowledge availability (DA) method via a partnership with Ethereum restaking protocol EigenLayer and the utilization of the know-how of its DA resolution EigenDA. Not too long ago, it has been increasing its general ecosystem, introducing an Ether (ETH) liquid staking protocol (LSP) on the Ethereum mainnet that’s already the fourth largest LSP on the planet three months after launch.
With this groundbreaking partnership, each organizations plan to hitch forces within the fan-based content material distribution enterprise. A key part of this collaboration includes leveraging Xclusive, a platform developed by Fingerlabs, to innovate the content material distribution panorama. This initiative goals to facilitate the worldwide dissemination of Ok-Tradition content material with vital potential, marking a serious step ahead in tapping into worldwide markets.
Xclusive operates as a fandom-based content material distribution platform, distinguished by its world-first software of Net 3.0 know-how. It goals to redefine content material possession and distribution using blockchain know-how, to create an progressive content material platform that prioritizes the rights of each creators and customers.
Xclusive’s inaugural content material, ‘Begins Youth’ is an authentic drama collectively produced by Chorokbaem Media and HYBE. It is a spinoff drama that reimagines the fictional story of “Hwa Yang Yeon Hwa” introduced by BTS via albums and music movies. It’s anticipated to draw vital consideration from international Ok-pop followers. Not too long ago, Xclusive launched a trailer video for ‘Begins Youth’ and launched a pre-sale, underscoring a major step in its fandom-based content material distribution efforts.
David Sang-Seok Lee, CEO of Fingerlabs mentioned: “There are quite a few alternatives for collaboration with Mantle Community, because it continues to exponentially develop its presence within the web3 and blockchain house. Content material that units itself aside from present choices will probably be completely distributed via Xclusive beginning with ‘Begins Youth‘, and we’ll start making our mark within the next-generation content material market.”
Igneus Terrenus, Public Liaison of Mantle Community mentioned: “We’re extraordinarily excited to collaborate with Fingerlabs, certainly one of Korea’s main blockchain corporations that’s enhancing web3 entry for all. Fingerlabs’ cutting-edge platform aligns with our imaginative and prescient to energy the following stage of development and innovation throughout the web3 ecosystem, and we stay dedicated to empowering promising initiatives and unlocking their fullest potential.”