GET Entertainment Inc. is pleased to announce the successful issuance of the new “Global Entertainment Token (GET)” as of October 23, 2024.
Purpose
The entertainment industry is seeking new growth opportunities amid rapidly evolving technologies.
$GET leverages Cardano blockchain technology to build a transparent ecosystem where creators and fans can support each other and share revenues.
This enables the entertainment industry to achieve further development through Web3 and metaverse without relying on traditional revenue models. It provides new revenue opportunities for artists who previously struggled with monetization while offering fans special benefits and novel experiences that allow them to directly influence content creation.
Vision
$GET’s vision is to promote the development of the entire entertainment industry by building an ecosystem where creators and fans can directly engage.
While coexisting with traditional entertainment markets, this ecosystem enables further growth by utilizing new Web3 and metaverse technologies.
Through tokens, fans can participate in the creative process, while creators and producers can advance projects based on fan support.
By unifying production and creative sides to implement fan-driven production processes, we aim to enhance industry-wide transparency and efficiency while strengthening global market competitiveness.
1. Common Currency for the Web3/Metaverse Era
$GET functions as a common currency for the entire entertainment industry to evolve through next-generation Web3 and metaverse technologies.
This provides an environment where fans and creators can interact seamlessly across existing entertainment markets, including music, film, gaming, and idol culture.
The token serves not just as currency but as a comprehensive foundation supporting the entertainment industry, with the following specific goals:
- Collaboration with Existing Entertainment Industry:
Partner with mainstream music, film, and gaming platforms to facilitate smooth Web3 technology adoption using tokens as common currency, elevating fan experiences to new levels.
This makes Web3 entry easier for existing companies and creators, expanding token-based revenue models. - Unification of Global Entertainment Markets:
Enable value exchange between different entertainment sectors and platforms worldwide through tokens, achieving cross-border content consumption and creator support.
Build systems for fans and creators to interact and share revenue on the same foundation regardless of country or region. - Supporting the Metaverse Future:
Incorporate tokens into metaverse entertainment activities to enhance traditional entertainment experiences through virtual fan participation events, concerts, and in-game item trading.
Leverage the metaverse to enable real-time global fan interaction and create more interactive entertainment environments.
2. Fan-Participatory Entertainment Ecosystem
$GET builds a new ecosystem where fans can actively participate in entertainment decision-making rather than being mere consumers. This system enables creators to receive direct support from fans and distribute revenue transparently.
In particular, it provides new monetization opportunities and deep fan engagement for artists who previously struggled to gain mainstream recognition.
- Fan Participation in Decision Making:
Through tokens, fans can directly participate in projects and events supporting creators, influencing creative activities through voting systems.
This includes opportunities for fans to directly impact project directions, from new album and film productions to game development. - Transparent Revenue Distribution Model:
Creators can earn revenue through fan-provided tokens with guaranteed transparency in revenue distribution. This enables creators to receive more direct revenue, making their activities sustainable.
Additionally, we build a system where fans can closely experience the growth and success of the creators they support. - Support for Emerging Artists:
Provide direct support opportunities through tokens for artists who previously struggled to gain attention on existing media and platforms.
As fans can use tokens to support their favorite artists, talented individuals who might have been overlooked now have better chances of receiving proper recognition.
3. Promoting Long-term Industry Development
$GET aims for sustainable entertainment industry development, focusing on flexibly incorporating new technologies and revenue models without disrupting existing industry structures.
Together with existing entertainment companies and platforms, we aim to expand the fan-participatory economy and revitalize the entire industry.
- Ecosystem Sustainability:
We ensure token liquidity across the entertainment market to build a system where fans and creators can benefit long-term.
By securing stable monetization for creators, their creative activities become sustainable. - Supporting Entertainment Industry Diversity:
Support various entertainment forms and artists, promoting the discovery and development of new talent on a global scale.
While cooperating with the existing entertainment industry, we aim for industry-wide development alongside innovation by introducing technology-driven revenue models.
About Global Entertainment Token (GET)
- Name: Global Entertainment Token
- Ticker Code: GET
- Scheduled issuance date: October 23, 2024
- Total Supply: 10,000,000,000 (10 billion) tokens
- Use Case: GET is a token designed to lead the global entertainment market, with applications across a wide range of entertainment sectors including music, movies, games, NFTs, and live events.
- Exchange Listing: To be determined