[Asia Economy Reporter Hyunseok Yoo] Me2zen's subsidiary Mitoon & Novel announced on the 6th that it has officially launched the open web novel platform ‘Minovel’. Following the existing webtoon-centered platform Mitoon, securing the open web novel platform Minovel allows the company to utilize internal novel IPs and collaborate with webtoon studios, thereby enhancing the competitiveness of both webtoon and web novel platforms and acquiring additional proprietary IPs.


Minovel is a free serialization web novel platform where anyone can freely enjoy works and become a writer to compose web novels. Mitoon & Novel plans to accelerate its global expansion using the Minovel platform as a stepping stone.


Since the beta open service of Minovel in June, Mitoon & Novel has improved user convenience through the official launch by completing system upgrades such as simple registration, preferred work settings, smart viewer, and resume reading. Additionally, to provide readers with another layer of enjoyment, Minovel introduced differentiated supplementary systems not found on other web novel platforms, including a level-up system, monthly mission system, and lottery tickets, similar to those seen in game services. Moreover, readers who use paid services can directly support works and authors.


Furthermore, Minovel allows authors to register easily without any conditions and has established a system for readers to immediately check reactions and popularity. This creates an environment conducive to authors’ creative activities by enabling free serialization and direct support.


Among the works secured through Minovel, outstanding titles will be directly produced as webtoons via the Mitoon platform, with potential for OTT web dramas and film production. Minovel plans to lay the foundation for integrating a coin system that can utilize the Meverse (MEVerse: ME2ON Metaverse Token) (tentative name) of the Me2On Group in the future, enabling use for webtoon and web novel payments, copyright protection, and author compensation.



Jung Hyunjun, CEO of Mitoon & Novel, emphasized, “Through the official launch of Minovel, we will strive to nurture new writers and establish it as a leading web novel platform that provides enjoyable works to readers. Selected outstanding works will be produced as webtoons and OTT web dramas to create representative original content that attracts global attention.”


This content was produced with the assistance of AI translation services.

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