KOR Protocol, the digital ecosystem owned by Animoca Brands and the parent company of Pixelynx and KORUS, has sold out of its Founder’s Pass NFT series.
This series of 2,000 free-minted NFTs is designed to give holders early access to KOR ecosystem tools and exclusive VIP experiences, and 1,406 NFTs reserved through guaranteed seats were quickly available on a first-come, first-served basis.
In the first 24 hours of public trading, the set’s total trading volume was 46 ETH, with a floor price of 0.0769 ETH at the time of writing.
What is the KOR protocol?
As an entertainment IP infrastructure, the KOR protocol enables creators to manage, distribute and profit from their brand and intellectual property rights on the chain.
The ecosystem has more than 550,000 registered users, including Pixelynx and KORUS, and has attracted more than 100 international partners such as Beatport, KDDI and Banijay (producers of Black Mirror, Peaky Blinders and more).
The platform provides a suite of artificial intelligence tools and applications designed to support artists and builders in developing their digital content.
What are the benefits of holding a Founder’s Pass?
The Founder Token NFT provides holders with early access to KOR Protocol’s upcoming creator tools, which will launch later in 2024.
“These tokens combine exclusivity, utility, strong partnerships and free minting, making Drop the gateway to a transformative digital content ecosystem,” said Inder Phull, founder and CEO of KOR Protocol. “Our One focus is on attaching licenses and royalties to NFTs.”
The passes also provide priority access to brand and IP partner programs, including experiences tied to hit Netflix series black mirror, and KORUS music events featuring top DJs, artists and labels.
The Founders Pass will also serve as a VIP ticket, giving holders direct access to the token launch and all features planned for launch later this year.