K-Pop Meets Blockchain: Soneium and DayOneDream Launch Tokenization Venture
Soneium, an Ethereum Layer 2 developed by Sony Block Solutions Labs, has partnered with South Korean entertainment company DayOneDream to bring K-pop intellectual property onto blockchain infrastructure.
The collaboration centers on DayOneDream's WAVIST platform, which is designed to turn specific entertainment cash flows into investable onchain products.
These can include revenue associated with concerts, content, streaming, and other intellectual-property rights. The structure does not require an artist or production company to sell the underlying IP itself.
Instead, a defined stream of future income can be packaged separately, with issuance and settlement records maintained onchain.