FSN-HandStudio Partners with Treasures Club for Blockchain Business Collaboration... "Expanding DeFi and NFT"
[Asia Economy Reporter Jang Hyowon] FSN, a KOSDAQ-listed company, and its subsidiary Hand Studio announced on the 18th that they have signed a strategic partnership for blockchain business cooperation with the Klaytn-based collectible art NFT project 'Treasures Club.'
This partnership aims to expand blockchain business comprehensively, including cooperation plans related to DeFi and NFT-based IDO (Initial Decentralized Exchange Offering) platforms. FSN and Hand Studio will support Treasures Club with blockchain-related expertise and technology such as tokenomics design, financial technology development, and operations, while Treasures Club plans to promote joint promotions and marketing to expand NFT and DeFi businesses.
Treasures Club is a Klaytn-based collectible art NFT project. It has attracted attention in the blockchain market by conducting collaborative NFT minting with major film companies and entertainment entities. Through various promotions, it has sold out more than 16,000 NFTs and is also developing minting content with a seasonal theme park concept utilizing metaverse themes, thereby building an NFT token ecosystem. Currently, Treasures Club is developing its blockchain business aiming for DEX listing and plans to enter the global market by leveraging FSN's Asian network in the future.
FSN and Hand Studio expect that this partnership will significantly expand the financial products and TVL (Total Value Locked) of 'Definix,' a DEX platform operated by their affiliate Six Network. Since Definix is preparing to launch an NFT and DeFi-based IDO platform in the first half of this year, it is explained that mutual project-linked promotions and user benefit provisions will actively attract new Klaytn-based users, including Treasures Club holders, to Definix.
Kim Donghoon, CEO of Hand Studio, said, "Treasures Club has various competitive advantages in the blockchain sector, including NFTs, which will greatly help us expand our NFT and DeFi businesses. This year, with major blockchain-related issues such as the launch of Sunmi NFT and Definix's IDO platform scheduled, we will successfully carry out our business through comprehensive cooperation."
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Digital marketing group FSN is expanding its blockchain business together with its subsidiaries Hand Studio and Six Network. Six Network's multi-chain-based DEX platform 'Definix' is growing into a comprehensive crypto asset management platform by launching various digital financial products as a global financial business based on a decentralized system. FSN, which officially entered the NFT market last year by releasing the 'T-ara Comeback Commemorative NFT,' is also preparing to launch a singer Sunmi IP-based PFP NFT this year and is expanding its NFT business areas such as PFP and P2E by collaborating with specialized companies in various fields including Metacongz, Abyss Company, and Comseed.
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