A demonstration version of a fan club online community platform called snowDAQ will be launched in July. snowM is a blockchain-based social entertainment company who will introduce the demonstration version. Official service will be started from the second half of the year using a blockchain platform for service called Luniverse.
The Chief Executive Officer (CEO) at SnowM Park Seung-hun said, “Users of entertainment-based blockchain services are fans and fan clubs. We hope that the services will resolve inconveniences that they experience and receive the fair value of fandom activity.” This means that snowMakers and snowDAQ will also introduce a token reward system for the amount of fans’ activity.
The success of the fan club online community platform snowDAQ related to creating a blockchain service on the large-scale with the help of the K-pop fandom is underscored.
The blockchain-based social entertainment company snowM consists of entertainment companies. SM, SidusHQ, MBC, Bugs Music and Sony Pictures are the entertainment companies. A blockchain-based artist development platform called snowMakers is operated through the company.
The expectation is that these services reduce commissions burden for fans globally. The fans buy concert tickets and merchandise.
Lambda256 is a subsidiary of Dunamu who operates Luniverse. Dunamu Lambda256 is an organization solving those various problems which are in the current blockchain platform. It was set up in the year 2018. It is located in Seoul, Seoul. Developments and operations of those decentralized apps which are utilized by either organizations or companies can be facilitated. Dunamu was created by those members who have run different kinds of open-source projects successfully at the international level, according to the official account of Lambda256 by Dunamu.
A service of the fan club online community platform snowDAQ called snowDAQ service is known as a community platform. Connecting fans and artists is a purpose behind the community platform, Business Korea reported.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]