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Ground X to Launch Digital Art Marketplace Klip Drops in July
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SEOUL, South Korea, June 15, 2021 /PRNewswire/ Ground X, the developer of the public blockchain platform Klaytn today announced that it will launch Klip Drops, a mobile-first digital art creation platform and marketplace, natively integrated into its digital asset wallet, Klip, next month.
Ground X to Launch Digital Art Marketplace Klip Drops in July
Klip Drops as a platform, supports and encompasses the full breadth of digital art - from development and cultivation, to exhibition and distribution. Artworks and goods created by local artists will be recorded onto the Klaytn blockchain, to be reinvented as unique, limited-edition pieces of digital art. Users and collectors can easily browse and purchase Klaytn-based digital artworks, as Klip Drops can be accessed via KakaoTalk, a mobile messaging application used by more than 90% of the South Korean popula
Naver’s US$600 million acquisition of Wattpad, announced early this year, is completed just as potential competition arrives from Amazon’s new Kindle Vella and Seoul’s Kakao.
In Seoul, a line of bus passengers and their cell phones during the coronavirus COVID-19 pandemic. Image – Getty iStockphoto: Wonseok Jang
South Korea’s Kakao Is Also a Buyer: Radish and Tapas
In January, as you’ll recall, it was announced that the Toronto-based Wattpad was to be acquired by Naver, a South Korean Internet search engine conglomerate, the home of Webtoon, a digital comics platform.
In its messaging overnight (May 10), the Canadian company has reiterated its earlier citation of the acquisition being a cash and stock transaction valued at more than $US600 million. It also restates that Wattpad’s co-founders Allen Lau and Ivan Yuen will continue their direction of Wattpad, and that the company will remain based in Canada. Lau, who is CEO, is to report to the Jun-koo Kim, the found
Kakao to buy online novel app Radish for US$440m
AFP, SEOUL
Online fiction app Radish is being bought for US$440 million by South Korean Internet conglomerate Kakao Corp, the two firms said yesterday, making a multi-millionaire of its 30-year-old founder only five years after he set it up.
The deal is one of two acquisitions that Kakao announced yesterday totaling nearly US$1 billion, as it seeks to expand in English-language markets.
Pay-to-read platform Radish presents serialized storytelling in bite-sized installments optimized for smartphones, with readers paying about US$0.20 to US$0.30 to access the next episode immediately, or wait for an hour to read it for free.
What Is the Line App? Everything Brands Need to Know in 2021
Learn how you can reach large audiences in Japan and Southeast Asia with the Line app, a one stop shop social experience for users and brands. Katie Sehl April 29, 2021
The Line app is big in Japan. In the 10 years since its launch, Line has become the leading social platform in the country, with roughly 68% of the population on the app. Apart from YouTube, no other social network has been able to rival Line’s hold on the Japanese market.
Line started as a mobile messaging app, but has since evolved into a “super app” of sorts, with a mission to become the “life infrastructure” for its users.
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