Soneium Brings K-Pop Revenue Onchain with DayOneDream Partnership
Sony-backed Ethereum Layer 2 Soneium has partnered with South Korean entertainment group DayOneDream to bring K-pop intellectual property onto blockchain infrastructure. The collaboration centers on DayOneDream's WAVIST platform, designed to turn specific entertainment cash flows into investable onchain products.
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.
WAVIST has already completed a full lifecycle for a K-pop IP-backed tokenized note, including issuance, distribution, repayment, and token burning.