Sony-backed Soneium and Dayonedream Tokenize K-pop IP
- Soneium, supported by Sony, partners with Dayonedream to tokenize K-pop intellectual property.
- WAVIST platform executed a tokenized IP bond for K-pop assets in May, managing it from issuance to redemption.
- The partnership aims to bring entertainment IP revenue onchain for eligible supporters and content creators.
- Dayonedream manages artists like BTOB, LEE CHAE YEON, MEMI, and operates global concerts.
- Korea Blockchain Week announced the partnership, running until October’s start.
This collaboration between Soneium and Dayonedream marks a significant step in integrating Token-based financial infrastructure with entertainment IPs like K-pop. The WAVIST platform’s successful bond execution highlights the potential of blockchain technology in transforming traditional investment structures within the entertainment industry.
By tokenizing real-world assets associated with K-content, Soneium and Dayonedream aim to broaden access to production funding and revenue distribution while adhering to regulatory compliance standards. (Source)
