LOS ANGELES, CALIFORNIA, Nov. 7, 2022 /24-7PressRelease/ — Yea Studio (CEO Wongman Choi) plans to launch “Junimong NFT”, which will act as a membership with benefits such as NFT issuance made it clear. A creator in the drawing tool app that I run, and creative activities and NFT trading in the Metaverse.
Since its establishment in 2012, Yea Studio has provided various apps based on coloring book content. With over 9 million downloads, he was named Best Entertainment App of 2017 on Google Play and PainterUs, a live-streaming platform for painting.
Among them, “Junimong”, which is produced based on its own intellectual property (IP), is rapidly emerging as a painting social media app used in 135 countries around the world. It has secured 2.5 million users to date, has been selected as a global feature of the Google Play Store, and attracted investment from East Gate Partners and his IBK.
We have approximately 13 million pieces of customer data accumulated through various services and more than 400 million pieces of paint content. Yea Studio plans to launch Junimon NFT to provide technical support for NFT issuance and content trading requests of creators.
Junimon’s monkey-motif name reflects Yea Studio’s ideology and motto, and serves as its mascot.As a compound word, it contains the intuitive meaning of wanting to approach young consumers in a playful way (junior [Juni] + Monkey [mong]), raising the company’s desire to give dreams to creators on the platform (give [juda] + dream [mong]).
The ultimate direction that Junimon NFT wants to pursue is to establish a painting ecosystem where people can communicate with their online painting peers and create paintings. is to split the profits in the NFT transaction of The future social activities of her teens in this generation are projected to be making money by sharing hobbies with communities that share the same interests. From this point of view, the platform also intends to transform into a community service.
In addition, the range of perks that guarantee profitability has been expanded due to the continued influx and attraction of creators. The copyright of a work, such as that of an artist belonging to a particular platform, often belongs to the platform responsible for its publication. On the other hand, Yea Studio realizes profits by operating business rights for publicity and marketing activities by continuously providing copyright royalties to creators even if NFTs are resold.
In addition, once the creative work is done, we actively leverage the marketing and networking capabilities that Yea Studio has accumulated over the years to raise awareness. With experience in providing various global apps and services, he has accumulated 13 million customer data across apps and services.
Based on Yea Studio’s painting community management know-how, we plan to induce the participation of existing service subscribers. Based on this, we plan to secure NFT content by linking more than 400 million paint contents with the mining system and actively utilize IP owned by Yea Studio, including Junimon. So far, the company has obtained 6 of his independent patents, with 14 more patents pending.
Continuous efforts are also being made to secure a comparative advantage over other projects through the development of blockchain source technology. Yea Studio recently joined with ETRI (Korea Electronics and Telecommunications Research Institute) in research and development of his PoN (Proof of Nonce) method of consensus algorithm-related technology that dramatically lowers gas prices equivalent to Ethereum. . Network usage fee. After that, after going through a verification process to improve the degree of perfection, we plan to commercialize the technology by utilizing it in our own web/app services.
CEO Wongman Choi explains: Also, additional community benefits such as collector’s economic benefits and gifts (via airdrops) of his NFTs related to the Metaverse and synthetic NFTs created by the Junimon NFT creators that will be added in the future. Designed with membership benefits in mind. You can also foster a sense of belonging and intimacy in your community by seeing work from your favorite creators sooner and by planning special experiences that allow you to communicate directly with them. “
As a member of the digital content company growth support center, Yea Studio is strengthening its corporate strength through continuous IR demo days and external PR and marketing support, and accelerating the launch of NFT services equipped with automatic mining systems.
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