Music NFT project based on blockchain “God Of Musician” (GOM). Its official launch is previously notified in the second half of 2022; The MOU has been regularly signed with national music-related organizations.
GOM CEO Yu Dong-seok said on June 7 that he had signed an additional memorandum of understanding with the International Applied Music Society and the Korea Association for Arts and Culture Education. CEO Yu earned a Ph.D. and MBA from the University of Illinois. He is a global business operations expert who has worked with domestic and overseas IT and global companies such as Garion Consulting Group, Neck School Group, Australian band Zest One and US band Rhythm Nation. GOM is gradually establishing itself in the music and art industry as a project for all creators while preserving musical values.
Previously, GOM was touted as a new business model that integrates NFT, DeFi, and DAO. He announced his ambition to give a new direction to the NFT music market and the blockchainization of the music industry. It is a system that generates revenue by streaming music for free and protects the copyright of the artist. GOM has implemented such a system and entered into an MOU with the music industry to enjoy high-quality content on the platform.
Kim Jeong-Hoon and Yu Dong-Seok to sign memorandum of understanding
Although GOM has not yet been launched, a memorandum of understanding has been signed with Goeun Mirae and the Korea New Media Art Association KAMA. CEO Yu and his advisers promote MOUs in practical areas of the music industry, such as national applied music academies and global entertainment. It will support artists who don’t have an environment to work on music or who need a platform to present their works.
GOM said it is collaborating with more than 100 domestic and overseas artists and influencers with MOU. It will include cooperation in the use of recording facilities at practical music academies in South Korea.
Additionally, it works closely with university leaders such as Campbellsville University, Seattle University, Northwestern University, and the University of Nebraska. In addition, we are open to the possibility of collaborating with organizations or companies for artists in various ways.
Good synergies are expected to emerge from the GOM, its foundation and the newly introduced infrastructure with the MOU. As such, GOM is expected to breathe new life into the music market by securing content and technology to achieve steady growth.