Cho Pd Acquires A VFX Company Ahead Of K-Pop Reality NFT’s First Reveal By BTC Peers



Cho Pd Acquires A VFX Company Ahead Of K-Pop Reality NFT’s First Reveal

Established in April 2019 by Cho PD, ChoCo Entertainment has witnessed rapid growth through business expansions, all within the space of fewer than three years. Their recent acquisition of a VFX company was not their first expansion effort. They had previously purchased a production company founded by a previous Mnet employee last year, who specialized in stage production and entertainment program production of shows such as KCON and MAMA.

According to a press release by ChoCo Entertainment, the chief executive officer, Cho PD, noted that the latest acquisition of a VFX company specializing in high levels of CG and VFX technology was to boost their business prospects as they plan to expand their firm, which currently includes K-Pop, K-Content, metaverse, a digital influencer, and NFTs focused on the global market.

Also Read: Range Media Partners and RECUR Announce Partnership to Shape the Future of Fan-Driven Entertainment NFTs

The firm and its subsidiary companies are also promoting the development of NFT content and digital influencer content, which will expand the IP of their K-Pop group that is about to debut.

Additionally, following the release of the trailer of their reality NFT on the 6th of January, the K-pop group will become the first in the world to offer a season-based reality NFT. The reality NFT, which is already garnering much attention from their fans, will serve as a fusion alternate universe content that will be displayed through reality videos that show the connection between real-life K-Pop artists, unique characters, and avatars which serve as alternate egos of those living in the digital space.

Prominent local investors and firms are also taking part in this latest move, and ChoCo recently released plans to increase their capital by more than 10 billion won last year. All these are part of the firm’s aspirations to become the next generation of the K-pop group.

Continue reading on BTC Peers

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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Cho Pd Acquires A VFX Company Ahead Of K-Pop Reality NFT’s First Reveal

Established in April 2019 by Cho PD, ChoCo Entertainment has witnessed rapid growth through business expansions, all within the space of fewer than three years. Their recent acquisition of a VFX company was not their first expansion effort. They had previously purchased a production company founded by a previous Mnet employee last year, who specialized in stage production and entertainment program production of shows such as KCON and MAMA.

According to a press release by ChoCo Entertainment, the chief executive officer, Cho PD, noted that the latest acquisition of a VFX company specializing in high levels of CG and VFX technology was to boost their business prospects as they plan to expand their firm, which currently includes K-Pop, K-Content, metaverse, a digital influencer, and NFTs focused on the global market.

Also Read: Range Media Partners and RECUR Announce Partnership to Shape the Future of Fan-Driven Entertainment NFTs

The firm and its subsidiary companies are also promoting the development of NFT content and digital influencer content, which will expand the IP of their K-Pop group that is about to debut.

Additionally, following the release of the trailer of their reality NFT on the 6th of January, the K-pop group will become the first in the world to offer a season-based reality NFT. The reality NFT, which is already garnering much attention from their fans, will serve as a fusion alternate universe content that will be displayed through reality videos that show the connection between real-life K-Pop artists, unique characters, and avatars which serve as alternate egos of those living in the digital space.

Prominent local investors and firms are also taking part in this latest move, and ChoCo recently released plans to increase their capital by more than 10 billion won last year. All these are part of the firm’s aspirations to become the next generation of the K-pop group.

Continue reading on BTC Peers

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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