TIP-027 - $200,000 seed round investment into Seoul Stars

We believe additional investments in established projects at current market conditions will help to further grow our treasury. Diversity minimises the risk and makes growth possible.

Regarding our upcoming partnership with Catheon Gaming, we have another investment opportunity:

Seoul Stars

🌐 https://seoulstars.io/ 🌐 https://seoulstars.io/wp-content/uploads/2022/01/Seoul-Stars-Whitepaper-1.pdf 🌐 https://discord.com/invite/seoulstars 🌐 https://twitter.com/seoulstarsnft

Seoul Stars was created to capture the exploding popularity of three major cultural forces: KPOP-Korean Entertainment, play-2-earn gaming and virtual Idols and influencers.

1. KPOP and Korean entertainment has broken through to mainstream audiences, and has grown to 108 Bn USD in 2021, with a CAGR of 4% over the last 4 years

2. Play 2 earn crypto gaming is exploding, generating $2.32 Bn USD in Q3 20212, and increased by 2000% since Q1 2021

3. Virtual influencers in the metaverse are emerging e.g. Travis Scott x Fortnite concert drawing 12m viewers, rozy.gram and lil’ miquela, both virtual influencers generated $13m USD in 2021

The vision of Seoul Stars is to create the first virtual K-pop idol, Yuna, built on the blockchain with a plethora of content including songs, albums, virtual concerts, and games. Yuna will eventually be turned into a realistic 3D virtual idol being featured in various mainstream media and metaverse platforms. A virtual idol provides numerous opportunities for massive growth and exposure. Such idols are not hindered by scandals that may potentially disappoint fans, and are not confined by restrictions in time or location. Producers can exert full creativity into virtual idols, whereas real artists differ drastically in capability, style and consistency. Most importantly, virtual idols that exist within the blockchain allows fans to partake in the conceptual development of the artistʼs music, dance, fashion, and identity.

As additional informations beneath you find again a short PowerPoint presentation with all important informations. We also had an AMA with the team of Seoul Stars this week. You can find this here:

https://twitter.com/HectorDAO_HEC/status/1521792763167232001

After TIP-027 ends, we will withdraw $200,000 from the Treasury to a secondary wallet and will perform the investment.