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LEVOGLOBAL: Protects the Rights and Generates Revenue via Blockchain

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Seoul, Republic of Korea–(Newsfile Corp. – October 26, 2021) – The platform (WEXTOWN) allows LEVOIST to advertise before and after the song release via different activities. With the onset of the 4th industrial revolution, content IP is becoming more important globally.

LEVOGLOBAL safeguards the intellectual property rights of worldwide fans and investors who participate in the creation of new assets that can be freely exchanged using distributed ledger technology.

It wants to extend the sharing platform to other sectors such as K-drama and movie rights in the future and has completed practical data verification of worldwide fans and investors through various projects.

Figure 1: LEVOGLOBAL – Protects the Rights and Generates Revenue via Blockchain

In addition, on October 18, 2021, Rogers Holdings Chairman Jim Rogers and Levoist Chairman Kim Jong-hoon and Levoist CEO Byeong-hoon Oh had conversations about Levoist’s contents business for 1 hour and 30 minutes and Chairman Jim Rogers showed great interest in Levoist’s IP sharing business.

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LEVOIST TOKEN (LVI) Allocation

  • Token: LEVOIST
  • Symbol: LVI
  • ERC20 Token Platform
  • 2,000,000,000 LVI Token Cap

So, when individuals apply NFT to work, they control the ownership and transaction history of the work. NFT is a certificate. Because blockchain technology is used, it is difficult to find fakes or counterfeit goods, and the owner’s right is guaranteed. This technological feature allows the WeX project’s sound source to be revealed on the blockchain, exchanging partial ownership.

Generating Data Blocks for NFT

The WeX project validates and generates data blocks required for NFT development, such as participant transaction information for sound sources.

Dapps built on Ethereum enjoy the benefits of crypto and blockchain technology. Decentralized apps running on Ethereum always do what they are designed to do. To manage digital assets and develop new financial applications. Also, the financial application may be decentralized, meaning no one organization or person controls it.

Because Ethereum is programmable, developers may create new apps. The blockchain stores the hash value and creation time of each sound source material and transaction history data, decreasing the blockchain’s data size and increasing processing speed.

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Business Structure

In the case of Related Rights, the right to sound source income is guaranteed for 70 years after publication, and in the case of Copyright, for 70 years after the author’s death. Also, music income from outlets like YouTube, concerts, and karaoke is generated.

Hallyu (Korean Wave) music exports topped the total export volume by 11.9 percent. The most popular Hallyu stuff worldwide.

K-Pop has a market share of over 55% in Asia and the Americas and 30-40% in Europe and the Middle East, the most among all genres. The Revoist subsidiary exchange may benefit from Related Rights trading.

Advantages

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  • Support for individual sales of Related Rights and Copyright.
  • Taking care of K-pop enthusiasts worldwide.
  • Artist co-ownership and prize sharing (sound source revenue).
  • Jointly owns the artist’s sound source rights (performance right).

To put it another way, it allows fans to jointly own and profit from a freshly released sound source that is the artist’s emblem.

Revenue

Smaller agencies have a harder time raising money to release new songs by their performers. Most sound sources are created with the help of lenders or distributors, raising future costs.

The LEVOIST platform can help alleviate this financial strain by covering 100% of the production expenses for new sound source releases (WEXTOWN)

Holders of LVI Tokens get the following advantages when purchasing IP rights through the LEVOIST platform (WEXTOWN).

  • During the pre-open time for any project, only LVI Token may be bought.
  • Buying intellectual property with LVI Tokens outside the pre-open period gets an extra discount.
  • Other advantages like Goods.
  • Provide restricted goods such as artist’s signature while utilizing the LEVOIST platform (WEXTOWN) using LVI Token.
  • Concerts and fan meetings get priority.

Social Media:
Telegram: https://t.me/LVI_LEVOGLOBAL

Media Details
Company Name: LEVO GLOBAL Co., Ltd.
Contact Name: Inha Cho
Email: [email protected]
Location: 706ho25, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, Republic of Korea
Website: https://levoglobal.io

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100881

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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