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IPX Announces Strategic Partnership with CRIPCO, Blockchain and an FTX-Listed NFT Company, Starting an NFT Business Based on Character IP

CRIPCO, a Singapore based on the global blockchain and NFT company, promotes the global value and use of IP-centric NFTs, and provides character IP minting service in NFT for all holders to share and trade. On July 8e CRIPCO will list its IP3 token on FTX – one of the fastest growing cryptocurrency exchanges – and with its expertise not only lead IPX’s IP-based NFT business but also facilitate business partnership NFT with world famous IP giants to develop own portfolio in NFT business.

Receiving investments from FTX Ventures, Solana Ventures and others, CRIPCO plans to expand its partnerships with famous cryptocurrency exchanges as global venture capital moves forward. In addition, major fashion and entertainment brands, metaverse platforms, social and cultural trend setters including IPX, Naver Z (ZEPETO), Fujiwara Hiroshi, James Fauntleroy and participated in the DAO (Decentralized Autonomous Organization), a blockchain-based community that makes all business-critical decisions about the future of CRIPCO.

IPX and CRIPCO will showcase different types of NFT projects and facilitate organized relationships between Digital IP, DAO and NFT Marketplace to empower everyone to own their IPs and generate revenue, further establishing the vision of IP 3.0 Hub .

“IPX is delighted to share our strategic partnership with CRIPCO, a company with expertise in blockchain and NFT technology that has announced its listing on leading global cryptocurrency exchange FTX, establishing its own unique NFT marketplace,” an official said. of IPX. “Based on this partnership, IPX and CRIPCO will provide a new path for IP-based NFT business in the future.”

The CRIPCO official concluded, “After listing our IP3 token on popular cryptocurrency exchange FTX, CRIPCO will work alongside IPX through this partnership and with other competitive IP companies to expand NFT projects. based on IP and create a new digital NFT IP business model in line with the IP 3.0 era.”

About IPX (FKA. LINE FRIENDS)

IPX is a new corporate name of LINE FRIENDS, a global character brand that originally started from original characters including BROWN, CONY, SALLY, created to be used as stickers for leading mobile messaging app LINE and its 200 million active users worldwide. world. After rapidly transforming its offline business to digital, the total intellectual property (IP) transaction reached $883 million in 2021, and IPX has advertised itself as a ‘digital IP platform’ company to enter the IP-based digital metaverse and NFT business.

IPX announced its vision for IP 3.0 – enabling anyone to create, own and generate revenue from IP addresses – and unveiled “FRENZ”, a new IP generation platform where users can create personal IP addresses for use in metaverse and NFT services. Through strategic partnerships with blockchain service platforms such as “PlayDapp”, investments in metaverse companies and its first NFT project, “OOZ & mates”, IPX is expanding its metaverse and NFT business and expertise . Going forward, starting with virtual artist WADE, IPX will collaborate with global fashion and entertainment artists to develop new and influential virtual IPs, support NFT and digital business areas, and lead the generation digital IP-centric metaverse.

IPX has created popular IPs – ‘BT21’ (BTS), ‘WDZY’ (ITZY), ‘TRUZ’ (TREASURE). – and expanded its IP-based business by partnering with global media and gaming companies, including Netflix (original anime series), SUPERCELL (Brawl Stars) and NEXON (KartRider), further diversifying and strengthening its competitiveness in digital content. Recently, IPX opened its first-ever virtual store on the global metaverse service, “Play Together”, and extended the limits of its popular IP addresses to virtual character influencers to win the hearts of millennials and gen Z. in the whole world. IPX currently operates in 15 markets worldwide, including Seoul, New YorkTHE, Tokyoand Shanghaiand also operates in 15 online sales platforms.

About CRIPCO

CRIPCO is a Singapore-global blockchain and NFT-based company that aims to popularize NFTs based on various IP addresses, and will list its native IP3 token on the FTX exchange at July 8, 2022. CRIPCO’s governance is based on a Decentralized Autonomous Organization (DAO), which oversees all business-critical decisions, from IP filtering to IP-based NFT projects. Investors and partners include FTX Ventures and SOLANA Ventures. The CRIPCO DAO is made up of companies from various fields, renowned artists and other influential members from various sectors, including IPX (formerly LINE FRIENDS), NAVER Z (ZEPETO), Marciano MMG, Fujiwara Hiroshi, Edison ChenKB (Kyubum Lee), and James Fauntleroy. In addition to attracting investment from global venture capital and a major fashion platform, CRIPCO has entered into partnerships with companies in the blockchain industry and built its ecosystem to achieve its “IP 3.0 Hub” vision.

IPX SOURCE

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