Beginning of Open Architecture Entertainment
summary
Modhaus builds a K-pop platform that mints collectibles as utilitarian NFTs sold at a fixed $3 digital / $4 physical price and distributes them in convenience stores and e-commerce, driving mass adoption: 126k users, 2.1 million NFTs minted and roughly $2.4M cumulative mint revenue with ~250k monthly NFT sales. A 24‑member, fan‑selected group releases five albums in one year; votes burn nontransferable S20 tokens (1–1.5M burned) and physical album sales exceed 21k via the Cosmo app for trading, voting and content.
AI-written summary · about
related talks
21mWhy We Decentralize Important Decisions as Kpop Idols
16mThe 'Prosumer' Economy and NFTs: Getting to the Next Level in Entertainment
19mHow the Hallyu Wave Is Going Web3
19mBuild Beyond: Metaplex and the Digital Asset Economy
36mPlatforms and Cultural Aggregation
24mThe Next Generation of Lifestyle and Gaming
29mDecentralizing Possibilities: Exploring Blockchain's Role in IP Expansion
27mHow can celebrities benefit from the NFT boom