Ethereum Blockchain to be used to find the next K-Pop Idol

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September 3, 2018 by
Ethereum Blockchain to be used to find the next K-Pop Idol

Blockchain  modern technology has no doubt changed the technological world, made use of is numerous spheres like compensation settlements, healthcare facility records, dissemination of global standard income and so on yet one of its most interesting applications remains in Korea’s entertainment industry.

The South Korean enjoyment provider, z-POP Dream Task means to utilize the technology to find the new K-Pop star and develop the future entertainment platform. K-Pop or Oriental Pop has actually become the new face of the Korean show business, with its appeal not simply restricted to Asia yet has spread out throughout the world.

The objective is to build a wide variety of talent and an overarching framework for the discovery of brand-new talent for Z-POP worth a whopping $46 billion, as voiced by their CEO Jun Kang to the Korea Herald.

Voting, being one of the crucial elements in the talent business will be built on an Ethereum blockchain, in order to guarantee safety and security and openness of the tally. The objective of this partnership will be to nurture as well as assist expand ability, enhance their follower base and also assistance establish future pop celebrities.

A “Star Development” sector is likewise on the cards, with the Z-POP Desire Tryout being kept in the complying with areas: Korea, Hong Kong, Japan, the Philippines, India, Indonesia, Vietnam, Malaysia, Taiwan, and Singapore.

A token system has additionally been implemented for this program, with a first token offering arranged for October. The token system will run with a two-pronged purpose, to create a sustainable foundation for the job to ensure that it could grow and also the various other will certainly be to produce a global money making platform that will certainly develop a structured process to guide the token income produced by the company.

Z-Pop Desire will certainly have its own cryptographic token, the ZPOP coin, which has a whitelist rate of $0.08 for 1ZPOP. The complete supply will be 4 billion symbols, 1 $10 million soft cap, and a $100 million difficult cap.

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