Blockchain Backed Webtoon Platform TooNFT Launches On Toomics Ecosystem

TooNFT plans to develop a decentralized webtoon platform. The venture has raised a staggering $1.75 million in a personal spherical supervised by HG Ventures.

The TooNFT venture succeeds in attracting institutional traders equivalent to Mindfulness Capital, Adaptive Labs, Status Fund, Alphabet, and GBIC. With the backing of such traders, TooNFT is ready to turn out to be an unbelievable product. In response to the press launch, TooNFT will leverage the ecosystem of an immense profit-generating enterprise mannequin of Toomics, a South Korean Webtoon agency.

The affiliate of the TooNFT, Toomics has turn out to be South Korea’s main subscription platform with 50 million energetic customers and 10 million app downloads. TooNFT caters to an unbelievable NFT ecosystem and values bringing disruption that separates it from different webtoon service suppliers.

What’s Toomics?

With 10 million app downloads and 50 million energetic customers, Toomics has turn out to be the main webtoon comics agency in South Korea. Toomics was based again in 2015 accumulating $15 million from institutional traders to create the main webtoon comics firm in South Korea.

Over the previous few years, Toomics has partnered with Tencent, KEB Hana Financial institution, GMarket, and AfreecaTV. It has additionally acquired a number of awards from respected establishments. Moreover, Toomics generates roughly $60 million yearly by way of its subscription service.

TooNFT Introduces NFT Idea in Comics and Webtoon Business

TooNFT has been launched on Toomics to embrace the outlook of a decentralised future. TooNFT strives to alleviate the inventive ecosystem and develop a monetary framework the place writers can appeal to funding with out involving any middlemen.

As beforehand acknowledged, TooNFT has amassed $1.75 in non-public and seed rounds from institutional traders. The venture will develop a sustainable know-how that can fill within the want for an excellent venture within the webtoon trade.

The blockchain-fueled platform TooNFT will present its customers with safe, dependable, and easy accessibility to spend money on the venture alongside staking alternatives and clear knowledge. TooNFT is ready to turn out to be the primary decentralized webtoon platform that operates on the blockchain.

It’s price noting that Toomics is already a major model within the webtoon trade with 50 million customers and a couple of.6 billion web page views by way of its subsidiaries on this planet together with North America, Singapore, and Taiwan. The stage is all set for TooNFT to beat and turn out to be the highest blockchain-powered webtoon service.

One other side that may enchantment to the group is that TooNFT will begin its journey with 11 languages equivalent to English, Korean, French, Spanish, and others.

In 2023, TooNFT intends to facilitate its customers with P2P buying and selling and funding alternatives after launching the next-gen NFT market. It additionally plans to permit customers to commerce NFTized content material, funding alternatives, and fundraising with out the interference of any third social gathering. Most probably TooNFT will host content material producers and quite a few webtoon podiums sooner or later.



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