Blockchain-based music NFT project “God Of Musician” (G.O.M). Its official launch is notified previously in the second half of 2022; MOU has been steadily signing with domestic music-related organizations.
G.O.M CEO Yu Dong-seok said on June 07 that it had signed an additional MOU with the International Society of Applied Music and the Korea Association for Arts and Culture Education. CEO Yu received PhD and MBA from the University of Illinois. He is a global business operation expert who has worked with domestic and foreign IT and global companies such as Garion Consulting Group, Neck School Group, Australia’s Zest One Group, and US Rhythm Nation Group. G.O.M is gradually gaining recognition in the music and art industry as a project for all creators while preserving musical values.
Previously, G.O.M was introduced as a new economic model that integrates NFT, DeFi, and DAO. It announced its ambition to provide a new direction for the music NFT market and blockchainization of the music business. It is a system that generates revenue by streaming music for free and protects the artist’s copyright. G.O.M established such a system and started an MOU with the music industry to enjoy high-quality content on the platform.
Kim Jeong-Hoon and Yu Dong-Seok to Sign a MOU
Although G.O.M has not launched yet, MOU has signed with Goeun Mirae and Korea New Media Art Association KAMA. CEO Yu and advisors are promoting MOUs in practical fields of the music industry, such as domestic applied music academies and global entertainment. It will support those artists who do not have an environment to work on music or need a platform to showcase their works.
G.O.M said that it is in the process of collaborating with more than 100 domestic and foreign artists and influencers with MOU. It will include the cooperation in the use of recording facilities at practical music academies in South Korea.
In addition, it is in close cooperation with university officials such as the University of Campbellsville, University of Seattle, University of Northwestern, and the University of Nebraska. In addition, we are open to the possibility of collaborating with organizations or companies for artists in various ways.
It is expected that good synergies will emerge from G.O.M, its foundation, and the infrastructure newly introduced with the MOU. As such, G.O.M is expected to blow a new wind in the music market by securing content and technology to achieve steady growth.