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Cryptoknowmics 2022-07-05 10:40:10

Dancer NO:ZE Launches NFT Project to Protect Choreographer’s IP

Dance with NO:ZE, a non-fungible token (NFT) project that aims to protect choreographers’ intellectual property via blockchain technology, was unveiled by South Korean superstar dancer NO:ZE on Friday. In her video release, NO:ZE stated that the choreographies made up to this point were not copyrighted. “Dance choreographies can be correctly recognized as intellectual properties with NFT technology, and [NFT] holders can profit.” After appearing on Street Woman Fighter, a dance survival television program that included eight female dance groups, NO:ZE became a household name in South Korea. Ten thousand profile photographs (PFP) of NO:ZE using her actual photos and three sets of NO:ZE’s original choreography will be distributed via ‘Dance with NO:ZE.’ According to the project website, NFT will be airdropped to the Kaikas wallet on the Klaytn blockchain for 500,000 Korean won, or around $385. South Korean Music Platform Using NFTs to Protect CopyRight A South Korean patent has been granted to the South Korean music sharing website, Koong World, which uses sound source data and non-fungible tokens (NFTs) to let artists post and share their works without worrying about copyright infringement. Peer-to-peer music trading company Koong World, founded in 2021, gives musicians 80% of their earnings in royalties. South Korean streaming services have come under fire for what some see as unfair revenue-sharing arrangements, where platfor...

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