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Together with Toomics, TooNFT brings webtoons to Web 3.0

TooNFT introduces blockchain technology to the industry, bringing Web 3.0 advancements to Webtoons, Manga, and Comics.

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Why is this innovation necessary for the world?

TooNFT is a groundbreaking blockchain-based initiative that is building a high-end future NFT network to alter the Manga, Webtoon, and Comic environment. Its main features are designed to give a platform for scriptwriters, readers, and even investors to trade value without the need for a middleman.

As a result, digital producers and investors will benefit from a simple payment system, as well as the transformation of Manga and WebToons into exchangeable NFTs.

What is TooNFT, and what does it stand for?

TooNFT is Toomic’s groundbreaking blockchain-based distributed Web 3.0 platform dedicated to Manga, Comics, and WebToons. Toomics, one of the leading WebToons companies, focuses on improving the WebToons market by using creative and revolutionary methodologies, with over 60 million users, 22 million monthly active users, and over 10 billion page views.

The platform seeks to use blockchain technology to solve the industry’s most pressing problems and to bring TooNFT to a wider audience. We’re ecstatic to be embarking on this adventure, and we hope you’ll join us as the industry grows.

TooNFT’s Blockchain-based Platform: How Will It Lead The Decentralized WebToon?

Toomics has chosen to gradually port to a new age of apps that are created using blockchain technology, with the goal of increasing the adaptability of IPs that are easily added via the NFT (nonfungible token) standards, due to the rapid transformation of technological innovations and new advances in dApps (decentralized applications) and Web3.0.

TooNFT is the most well-known dApp built on Toomic’s platform, offering complete freedom from third-party intervention as well as a simple incentive scheme. By utilizing a transparent payment structure that focuses on supporting and rewarding digital content creators, the program promises to strategically target industry difficulties for online WebToons audiences.

TooNFT’s main goal is to create a smooth transition from centralized ecosystems to decentralized platforms, allowing digital content creators to better allocate their profits by converting their WebToons to NFTs and exchanging them in Peer-to-Peer NFT marketplaces.

What Makes TooNFT Different?

TooNFT’s key features are carefully focused on addressing issues faced by online WebToons and comic lovers. We’re working on a platform featuring a content subscription service, content nominations through our control DAO system, and community-building elements. As a result, we provide NFT as a means of content distribution and profit distribution.

Subscriptions to Content
Writers will be able to publish content without incurring any publishing costs thanks to this functionality. It aims to give fans more choices while also making WebToon more accessible. KPIs (Key Performance Indicators), Views, Stars, and Reviews are among the other options available to users.

Developing Communities
To develop a community within that platform, community pages were created. Users can express their comments and thoughts on the community pages. It also serves as a tool for fan engagement. We intend to use prizes purchased and delivered to users to reward users who participate in community tasks.

DAO Governance: Content Selection
The team will decide when the content selection process will begin, and then the decision will be voted on via decentralized governance in our DAO system.

NFT Structure And Profit-Distribution System Stakeholders’ development, disbursement, and consumption generate profit distribution from NFT-related material.

All of these are made possible by the TOON token, which is part of the TooNFT ecosystem. The token will make payments easier and give users access to the TooNFT ecosystem’s services. Users can also participate in governance voting activities with the TOON tokens and earn incentives.

NFT

Trading Increases on the Terra NFT Market Due to UST Collapse

Terra’s daily NFT trading volume increased to 3.1 million UST on Wednesday, up from 384,769 UST the day before.

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Though Ethereum produces some of the most popular NFTs, at least a dozen other blockchains also produce the digital collectibles, including Terra, which has attracted collectors due to its lower gas prices.

Following the demise of Terra’s stablecoin TerraUSD (UST) and its sister token LUNA, NFT (non-fungible token) projects based on Terra have experienced a significant increase in trading as astute traders seek to profit from price disparities.

According to data aggregator Flipside Crypto, the daily volume of NFT trading on major Terra marketplaces Random Earth, Knowhere, and Luart is at its highest level since March 1. Terra’s daily NFT volume was 3.1 million UST ($2.1 million) on May 11, up from 384,769 UST the day before.

On May 11, Random Earth and Knowhere saw their biggest trading volume days. Random Earth’s volume soared to 438,665 LUNA ($485,263) after never exceeding 11,000 LUNA before, while Knowhere’s volume hit 6,005 LUNA at the time of publication.

Galactic Punks, Hell Cats, Derby Stars, and Luna Bulls are among the most popular Terra NFT collections. The fast repricing of NFTs, particularly on Random Earth, was noted by Twitter user @RyanBethencourt, who wondered if their worth would hold if Terra were to “sink into a death spiral.”

Source: Twitter

Users of OnePlanet, another Terra NFT marketplace, turned to Discord to complain about transaction delays, claiming that the digital assets did not appear in their wallets immediately after the transaction was completed.

Those who didn’t delist their NFTs in time were told that Discord moderators will look into it.

A look at cryptography Investor sentiment was divided on Twitter. “All nfts on terra are now as useless as the luna token,” said user @PostmanNay.

@c4chaos, another user, urged sympathy for individuals who may have lost their life savings.

NFT Terra collection PolyEgg asked Twitter followers which blockchain they should transfer to because “continuing to mint on Terra is not a good idea.” While Solana was a popular choice, “LUNAtics,” or experienced LUNA investors, continue to buy Terra NFTs.

Source: Twitter

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ART & COLLECTABLES

Lina Valentina’s NFT Collection “No More” was released to raise awareness about domestic violence

Since the outbreak of the war between Russia and Ukraine, the full usefulness of NFTs has been recognized as a revolutionary tool.

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NFTs have evolved from hype-driven collectibles to become a means of expression, making them more than merely an investment tool. With these NFTs, Lina Valentina’s latest collection wants to make a much more profound change.

People from all across the world who supported Ukraine did everything they could to help the country. The Ukraine NFT flag, for example, was broken down into 3,271 individual components and was able to raise $6.75 million for the country.

Today, the No More collection uses a similar method to raise awareness to a critical issue affecting women. The collection attempts to transmit the message of rejecting domestic violence around the world by using the power of web3 and NFTs.

Lina Valentina, one of the most notable feminist artists, discussed her NFT collection with Cointribune, which was developed to bring courage to those women who are still silent while enduring this awful violence.

Each of the collection’s 7,777 individual NFTs will reflect a feminine face – the aesthetic touch that made Lina Valentina renowned (primarily the mouth and the open zipper).

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NFT

Voyage in Paradise, the world’s first top DJ, and artist-enhanced “listen-to-earn” project announces the Rave Republic as its official partner

Catheon Gaming & King Pillar Limited collaborate to integrate real-world entertainment into Web3

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Voyage in Paradise (“ViP/ the Project”),  the world’s first global top DJ and artist-enhanced “listen-to-earn” project, announces a new Top 100 DJs official partner today, Rave Republic. Co-developed by Catheon Gaming (“CG”) and King Pillar Limited (“KPL”), ViP partners with top DJs and musicians to bring audiences an all-encompassing music experience on the blockchain.ViP invites top artists from around the world to be a part of the ecosystem, and Rave Republic (2021 DJ Mag’s Top 100 DJs) is the latest addition to the list. Formed by Matthias and Stas in 2014, Rave Republic’s debut release ‘Far Away’ in 2015 went straight to the No.1 spot on the iTunes Dance Chart. 2022 marks their 8th year in the music space, the fourth time Top 100 DJs listed duo has gone from obscurity to playing at some of the biggest clubs and events, as well as producing global chart-topping tracks. Rave Republic also actively collaborates on new songs and releases music on W&W’s record label – Rave Culture, among many other top-tier labels.

The project itself is conceptualized by Catheon Gaming, the fastest-growing integrated blockchain gaming, and entertainment company, and the music industry leader and festival IP owner, King Pillar Limited, to create a whole new way to enjoy music and entertainment. The project aims to integrate blockchain technology into the music community by elevating real-world entertainment with the virtual and decentralized world of Web3. 

ViP’s concept centers on a “listen-to-earn” model, metaverse concert venues, NFT album release service, music incubator, and a Decentralized Autonomous Organization (DAO). The aim is to foster an authentic, symbiotic relationship with listeners and musicians. Listeners will be rewarded for listening to curated music, artists will be able to co-create an engagement ecosystem with their fans, and producers and artists will be able to release their music in the form of NFTs on the blockchain. Additionally, NFT holders will be entitled to access rights to related tracks and albums,  and music-related perks and giveaways.

The project itself is conceptualized by Catheon Gaming, the fastest-growing integrated blockchain gaming, and entertainment company, and the music industry leader and festival IP owner, King Pillar Limited, to create a whole new way to enjoy music and entertainment. The project aims to integrate blockchain technology into the music community by elevating real-world entertainment with the virtual and decentralized world of Web3. 

ViP’s concept centers on a “listen-to-earn” model, metaverse concert venues, NFT album release service, music incubator, and a Decentralized Autonomous Organization (DAO). The aim is to foster an authentic, symbiotic relationship with listeners and musicians. Listeners will be rewarded for listening to curated music, artists will be able to co-create an engagement ecosystem with their fans, and producers and artists will be able to release their music in the form of NFTs on the blockchain. Additionally, NFT holders will be entitled to access rights to related tracks and albums,  and music-related perks and giveaways.

The Rave Republic, official partner of Voyage in Paradise & 2021 DJ Mag’s Top 100 DJs, commented: “We are very excited to be a part of Voyage in Paradise, in developing this one-of-a-kind experience for our fans and all music lovers. Empowered by the project’s revolutionary features on the blockchain, the barrier between artists and fans in the traditional music consumption model will be greatly reduced and unlock possibilities for new avenues to enjoy entertainment. We look forward to taking the project to new heights and cultivating a community of entertainment and music lovers in the Web3 era”.

William Wu, Founder of Catheon Gaming, said: “We are delighted to have KPL as a partner on this exciting new venture, who will play a significant role in presenting us with the opportunity to tap into their vast network of connections. The goal of the project is twofold, to deliver an immersive entertainment experience on the blockchain but also to develop a more efficient model of distribution, whereby the artists and producers will be incentivized to provide the audience with maximum entertainment value.”

J.C. Chao, Founder & CEO at King Pillar Limited, commented: “This is the first step for Voyage in Paradise to revolutionize the music industry with blockchain technology. We are thankful to Catheon Gaming for providing invaluable advice and expertise in elevating the project to the next level. KPL will continue working with our partners with the same goal of building a sustainable music ecosystem, which will look to disrupt the current music and entertainment profit model, and ultimately give back power to the community and entertainers.” 

About Voyage in Paradise    

Co-developed by Catheon Gaming and King Pillar Limited, Voyage in Paradise is the first “listen-to-earn” music ecosystem enhanced by top global artists and DJs.  The project aims to foster an authentic symbiotic relationship with listeners and musicians by integrating GameFi, metaverse concert venues, NFT album release service, and a music incubator in a Decentralized Autonomous Organization (DAO).

For more information, please visit: https://voyageip.io/

About Catheon Gaming

Catheon Gaming is the fastest-growing integrated blockchain gaming and entertainment company globally. The company’s flagship franchise, SolChicks, entered the market following successful fundraising from various venture capital investors, institutions, and launchpad partners. The company brings technical, gaming, and marketing expertise together with deep roots in the blockchain industry. The company’s strategy is to partner with leading game developers and IP-holders to incubate and launch “best-in-class” blockchain games and bring them to the widest possible audience.

For more information, please visit: https://catheongaming.com/

For media inquiries, please contact: media@catheongaming.com 

King Pilliar Limited (KPL) is a leading pioneer multi-entertainment group with a die-hard love of music, spot-on execution with trustworthy localization, and global networks to create unique entertainment experiences that fuse western and eastern culture to its fans in the greater region of China. KPL offers full-service event solutions including world-class festival event production, cultural and tourism planning, creative event promotion, localized ticketing channels, event operation, and international IP collaborations, and also holds the exclusive Asia licenses for Groove Cruise Asia and We Are Electric China.

For more information, please visit: www.kingpillarlimited.com

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