Izmedia Develops NFT and Metaverse Platform 'Bikiniverse' with Nasdaq-Listed Remark Holdings

[Asia Economy Reporter Hyunseok Yoo] Izmedia, which has entered the NFT (Non-Fungible Token) business, announced on the 14th that it has signed an MOA (Memorandum of Agreement) with Nasdaq-listed Remark Holdings (ticker MARK) for NFT and metaverse business.

Through this agreement, the two companies will develop the NFT and metaverse platform "Bikiniverse." Bikiniverse will utilize the IP of the global fashion platform "Bikini.com," whose shares were acquired by Remark Holdings. Influencers affiliated with Bikini.com have fans and followers worldwide.

Kai-Shing Tao, Chairman of Remark Holdings, said, "We are pleased to build a market-leading NFT platform together with Izmedia," and explained, "Bikiniverse is expected to enable various NFT creations by utilizing IP from Bikini.com's stars and influencers, as well as user-generated content."

Myung Joosung, CEO of Izmedia, stated, "It will be possible to generate revenue through platform development fees received from Remark Holdings and NFT sales utilizing the IP," adding, "We will focus on close collaboration with Remark Holdings to develop a platform that allows the creation of unique and diverse content while being easy for all users to use."

He emphasized, "Since there are fans and followers worldwide, active NFT sales are expected."

Remark Holdings, located in Las Vegas, USA, is an integrated AI (Artificial Intelligence) solutions and e-commerce specialist company. It operates its business based in the US and China, providing solutions to financial institutions and public organizations.

Meanwhile, Izmedia is scheduled to launch its own NFT platform on the 15th of this month. Based on MOAs with Studio Santa Claus, IOK, and others, the strategy is to present various comprehensive entertainment contents.

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