NEOPINa one-stop crypto finance platform and blockchain subsidiary of NEOWIZ Holdings (KOSDAQ: 042420), announced on July 7 that it has signed a strategic partnership with Cube Entertainment (hereafter “Cube”) to establish a global blockchain ecosystem.
The two entities plan to cooperate in all areas of the blockchain business and ecosystem through the exchange of information on blockchain technology, cooperation in the development of services and marketing campaigns to each other. develop in the global market.
Cube, one of the biggest entertainment companies in South Korea with top artists such as BTOB, (G)I-DLE and PENTAGON, added blockchain to its business portfolio and founded AniCube Entertainment in last February as a joint venture with Animoca Brands—the parent company of a metaverse platform provider, “the Sandbox.” The first NFT airdrop hosted by Cube last April captured the attention of the blockchain industry, attracting over 2.3 million applicants. Cube plans to introduce new ventures, including the “Music Metaverse”—an open K-pop platform—and a Korean cultural complex within the “Sandbox Game” in the second half.
Launched last January, NEOPIN is an open blockchain platform that offers staking services for cryptocurrencies including TRX, KLAY, and NPT, and yield farming services for tokens earned in P2E games such as “Crypto Golf Impact” and “Brave Nine”. NEOPLY, the parent company of NEOPIN, is known to have a strong technical background and vast experience in the field of blockchain; Besides its experience operating nodes since 2018, NEOPLY has participated in Klaytn’s Governance Council and has been operating a virtual asset wallet service named “nBlocks” since 2019. NPT (Neopin Token), a key currency within the NEOPIN ecosystem, is listed on a number of major exchanges, namely Global Huobi, Gate.io, World MEXC, Global bittrex, bitgetand Global Probit.
“We expect a synergistic effect between NEOPIN’s DeFi technology and Cube’s entertainment-based IP and metaverse platform,” a NEOPIN representative said. “With both business entities playing complementary roles, we will accelerate our progress in establishing a global blockchain ecosystem.”
A Cube representative added, “Our partnership with NEOPIN will allow us to develop a DeFi ecosystem alongside our metaverse blockchain ecosystem. We look forward to globally launching an open metaverse enterprise based on advanced blockchain technology.