IPX signs MOU with NFT company Crypco… Full-scale character IP busines…
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IPX (formerly Line Friends), a digital intellectual property (IP) company, announced on the 28th that it has signed a strategic business alliance (MOU) with CRIPCO, a global blockchain and non-fungible token (NFT) company. Based on this MOU, IPX plans to start full-scale NFT business development using its popular IP.
Crypto is a global blockchain/NFT company that issues various character IPs as NFTs and develops a business that enhances the value and utilization of NFTs. In the future, it plans to take full responsibility for the NFT business of IP owned by IPX and expand NFT business collaboration with global Mecca IP companies.
In addition, the two companies plan to build an 'IP 3.0' ecosystem where anyone can own and monetize IP, such as introducing various NFT projects in the future and providing the rights and autonomy for general NFT holders to carry out their own IP business.
An IPX official said, "We will present a new paradigm for IP-based NFT business through close collaboration with Crypco, which has NFT business and capabilities."
Crypto said, "Starting with this collaboration with IPX, we will expand NFT projects with competitive global IP brands," and "we will create a digital IP-based NFT business model suitable for the IP 3.0 era."
