KORUS and Film.io Partner to Revolutionize Entertainment Industry with Blockchain Technology
In a groundbreaking move that is set to reshape the entertainment industry, Pixelynx interactive music platform KORUS has joined forces with Film.io, a decentralized filmmaking ecosystem. This partnership marks a significant shift in the landscape of entertainment, highlighting the pivotal role of blockchain technology in empowering creators and safeguarding their intellectual property.
Pixelynx, founded by electronic music icons Joel Zimmerman (deadmau5) and Richie Hawtin (Plastikman), is a music metaverse gaming platform that has garnered attention for its innovative approach to merging music with the virtual gaming world. Following Animoca Brands’ acquisition of a majority stake in Pixelynx in December 2022, the platform has continued to push boundaries and redefine the intersection of music and technology.
While KORUS and Film.io cater to different creative communities, their collaboration is driven by a shared mission to support creators in the music and film industries through a community-first approach. By leveraging blockchain technology, Film.io is leading the charge in revolutionizing digital rights management and the filmmaking process, setting a new standard for accessibility, transparency, and fairness in Hollywood.
One of the key features of Film.io’s platform is its Vault Lock technology, which secures original ideas on an immutable public ledger and ensures that creators receive proper recognition and protection for their work. This commitment to safeguarding artists’ intellectual property aligns seamlessly with KORUS’s dedication to empowering musicians and filmmakers to maintain control over their creations.
Inder Phull, CEO of Pixelynx, highlighted the partnership’s potential to create a new economic medium for independent filmmakers and musicians, emphasizing the importance of collaboration and mutual value creation in the creative industries.
The introduction of a KORUS x Film.io music catalog is a tangible outcome of this partnership, offering a diverse range of artists, labels, and genres for collaboration across the independent film and music sectors. By integrating blockchain technology into the creative process, this initiative aims to preserve intellectual property rights and give artists greater visibility and control over their works.
Bryan Hertz, Co-Creator of Film.io, expressed his excitement about the collaboration, stating that it is poised to reshape the future of filmmaking and music collaboration. By empowering creators to excel in an environment that values and protects their originality, KORUS and Film.io are not only paving the way for a new era in entertainment but also redefining how creative works are produced, protected, and compensated in the digital age.