Punkvism recently unveiled the white paper of its second Real World Asset (RWA) project, titled ‘Eternal Moon’, a project about the production of Michael Jackson tribute albums, and has begun to revolutionize the music industry using blockchain.
This blockchain-powered tribute album project transforms the way music is produced, distributed, and monetized—ushering into a new era of artist and fan participation.
‘Eternal Moon’ is a blockchain-based RWA tribute album project dedicated to the King of Pop, Michael Jackson. At the core of ‘Eternal Moon’ lies the fusion of music and blockchain technology, offering a decentralized, transparent, and community-driven approach to music creation and ownership.
The project boasts the involvement of Rodney Jerkins, a four-time Grammy Award-winning producer and one of Michael Jackson’s final collaborators, alongside Neff-U, a renowned Grammy-winning producer. they are expected to show the highest level of musical craftsmanship in this tribute album. Punkvism and Fandom Studio work together on the project.
According to Punkvism, the ‘Eternal Moon’ project introduces a contemporary music IP monetization model that diverges from traditional copyright management and distribution methods. By leveraging NFT and blockchain technology, NFTs and music IP will be connected, allowing both artists and fans to participate directly in the music industry’s value creation process, creating a fair and sustainable revenue distribution structure.
The core currency within the eternal moon music RWA platform is the Eternal Moon coin. This digital asset is set to maximize the value of music Ip, ensure transparent copyright management, and create a community-centered music ecosystem. It is expected to continuously generate and expand value through staking, metaverse integration, and NFT functionality, going beyond a mere investment vehicle to establish an RWA ecosystem linked to real music IP.
Alex Hwang, CEO of Fandom Studio, emphasized, “Michael Jackson is not just a pop star, but a true artist who changed the world and spread love and hope through his music” and added, “We look forward to more people experiencing his music and his spirit through the ‘Eternal Moon’ project using blockchain technology, furthermore, we hope to inspire a culture of service and charity activities through music.” He continued, “Music is more than just entertainment, it has the power of healing and solidarity. the success of ‘Eternal Moon’ will mark a new chapter in the music industry, offering fans around the world the chance to participate together and make meaningful changes.”
To ensure the success of Eternal Moon project, Punkvism is actively building strategic global partnerships across various industries. In the field of music production and industry professionals, the company is collaborating with world-class producers including Rodney jerkins and Neff-U and the world’s top artists who have already signed contracts to the tribute album.
Partnering with Naver Cloud, blockchain developer MCI, and Shinest, Punkvism is strengthening blockchain technology and infrastructure. Accounting and legal support are provided by E-chon Accounting Firm, SaeSiDae Accounting Firm, and JungDong Accounting Firm. To establish global marketing and branding, Mass C&G and SoBok are collaborating.
A New Era of Music Innovation
As blockchain technology continues to redefine industries, the project, ‘Eternal Moon’ stands as a pioneering force in the music world, bridging technology, artistry, and community participation. With its groundbreaking RWA model, NFT integration, and commitment to fair revenue distribution, the project holds the potential to reshape the global music industry.
The world watches Punkvism’s second RWA project, ‘Eternal Moon’, setting a new standard for music ownership and distribution using blockchain technology.
For more information about Punkvism, visit their official channels
Official channels:
- X: https://x.com/PUNKVISM
- Discord: https://discord.com/invite/PUNKVISM
- Telegram: https://t.me/Punkvism
- Medium: https://punkvism.medium.com
