Girl group AKB48’s producer to launch metaverse idol; IEO within the works

Yasushi Akimoto, a Japanese music producer with a profitable monitor document of selling woman teams AKB48 and Nogizaka46, is leaping right into a J-pop metaverse mission with native crypto firm Overs Co. Ltd.

Akimoto will function the overall producer of the mission that can launch a brand new idol band on the digital platform in 2023.

Whereas particulars relating to the brand new J-pop band is but to be revealed, Overs announced that the metaverse can be financed by an preliminary change providing (IEO), the place an organization sells new cryptocurrencies by a longtime change to lift funds. 

Overs will implement the IEO early subsequent 12 months and the metaverse idol group is deliberate to debut in winter of 2023.

In an earlier press release previous to Akimoto’s becoming a member of, Overs defined that the metaverse band will fulfill conventional actions as an idol group comparable to releasing music and holding concert events whereas using blockchain know-how and non-fungible tokens (NFTs) to interact with followers.

Japan’s main producer and lyricist Akimoto has offered over 100 million copies globally in his 40-year musical profession, the most important hits being a sequence of woman bands identified for his or her perky idea and having 40+ members.

The nation wealthy with mental property (IP) isn’t any stranger to simulated musical acts. A holographic artist generated by a voice synthesizer named Hatsune Miku stays one of the crucial influential acts in Japan.

In the meantime, neighboring South Korea’s music scene is already closely invested within the metaverse. 

The self-proclaimed “metaverse K-pop girl group” Aespa, which has 4 human members with 4 CGI counterparts, had their newest launch turn into the best-selling album by a feminine group within the historical past of Korean music. 

HYBE Co., Ltd., the leisure company for BTS, has launched a Los Angeles-based three way partnership with Dunamu, which operates South Korea’s Upbit crypto change. The three way partnership, named Levvels, plans to service NFT and metaverse providers that make the most of Okay-pop IPs.

Different varied industries in Japan seem desperate to merge their merchandise with the metaverse and digital know-how. Gaming giant Nintendo’s president mentioned earlier this 12 months that the metaverse is “of interest,” whereas regionally dominant cell service NTT Docomo introduced plans to supply providers within the metaverse within the close to future.