Mocaverse expands with South Korean collabs

Animoca Manufacturers’ umbrella NFT assortment Mocaverse has signed quite a few offers to strategically improve its presence in South Korea.

Extra notably, Mocaverse is trying to deepen its integrations inside South Korea’s web3 tradition in areas resembling music, gaming, and digital IP. To this finish, it’s shaped new partnerships with music producer and expertise company Dice Leisure, former LINE Mates IP platform now known as IPX, blockchain recreation devs Planetarium and Gomble, and LOTTE Group’s NFT division Bellygom. 

By minting a Moca ID, which is Mocaverse’s on-chain id initiative, customers will probably be granted entry to a collection of web3 video games and experiences spanning from social IP activations to cross-program factors swap missions from Mocaverse’s new companion firms. Moca NFT and ID holders can even be capable of earn unique rewards and Realm Factors whereas participating within the tasks. 

Among the many forthcoming integrations introduced up to now is a (G)I-DLE x Mocaverse mashup video based mostly on Ok-pop lady group (G)I-DLE’s track Queencard, in addition to a phygital integration with LINE Mates’ IP.

Whereas Dice Leisure is one in all South Korea’s main music expertise businesses, Planetarium is the developer of widespread web3 franchise 9 Chronicles. In 2022, the studio raised $32 million in funding, which was led by Animoca Manufacturers.

“Planetarium Labs is devoted to crafting immersive experiences, and our collaboration with Mocaverse represents a big step in direction of enriching the worldwide web3 group. Collectively, we look ahead to creating revolutionary gaming content material and fostering deeper connections with customers world wide,” mentioned Planetarium co-founder and CEO JC Kim, who we not too long ago spoke to as a part of the Blockchain Gaming World podcast.

IPX not too long ago introduced a brand new enterprise technique with the intention to develop its IP companies globally by adopting its IPs to go well with all ages, and bolster its digital enterprise. The corporate has offers with world entities together with Netflix, Supercell and Nexon.

Commenting on the partnership, IPX head of digital enterprise Logan mentioned, “IPX has put lots of emphasis on symbiotic progress of group and model, and the Mocaverse group has been extraordinarily cognizant of this and has achieved outstanding venture and group progress. We’re excited to companion as much as develop this progress.”

When it comes to Gomble, it’s the blockchain division spinning out of recreation firm 111%, with a group consisting of gaming veterans and founding members of 111%. The studio has raised funding from Animoca, Planetarium, Binance Labs, Com2uS, and extra.

“Mocaverse is the hub of tradition and leisure in web3, and we’re excited to convey our experience throughout industries as South Korea turns into one in all our core markets to look at in 2024. We see highly effective alternatives for cross-project co-creation and celebrity-fan interplay,” concluded Animoca Manufacturers chief enterprise officer Alan Lau.