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NFT: Dunamu and HYBE's Momentica drops ENHYPEN digital collectibles

Photo by: Momentica Website

Momentica Inc., the platform that was established by Dunamu and HYBE through their joint venture, dropped a new digital collectible featuring the members of the South Korean boy group ENHYPEN.

Fans can now collect the digital cards of the seven members of the band as they are now available on the Momentica platform. This is the very first drop of NFTs since the launch of the platform being operated by Levvels, the JV company of talent agency and Seoul-based fintech company.

Momentica provides unique digital collectibles called TAKE, which are sold in image and video formats. It allows fans to safely and securely browse through the available digital collectibles on the site and buy them for their collection if they wish.

As per The Korea Times, Levvels is directing its focus on the advancing fandom market and using its expertise in non-fungible tokens (NFTs) and blockchain technology for the project. After ENHYPEN, it will release more digital cards featuring members of other popular Kpop idol groups such as Seventeen, Le Sserafim, and Fromis 9.

Aside from the virtual cards, Momentica will also offer different digital content and items related to their favorite artists. All the cards and collectibles are tradable on the platform.

The ownership of all the digital cards and items bought by fans would be certified by Momentica to prove authenticity and exclusivity. Levvels said that each one is also recorded in the flagship platform’s blockchain, so they come with distinctive characteristics.

"Momentica helps fans keep track of artists' major activities each year, remember their memorable moments and even collect them via the digital cards, so they can freely enjoy the records at any time," Levvels’ chief operating officer, Jang Sung Chan, said in a statement. "We will expand the service's coverage, so more global fans can enjoy artists' content with more ease without any space restrictions."

MOMENTICA is based on innovative sustainable blockchain technology that was designed to lessen its impact on the environment. All the digital collectibles are registered on the firm’s Levvels Blockchain, which is rooted in the Luniverse cloud-based blockchain service platform.

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