Breaking News
Investing Pro 0

TooNFT Looks to Lead Webtoon Industry into Web3 via Toomics Ecosystem

Cryptocurrency Apr 01, 2022 05:00AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
TooNFT Looks to Lead Webtoon Industry into Web3 via Toomics Ecosystem

  • The new webtoon platform TooNFT looks forward to changing the webtoon industry.
  • The platform uses the Toomics ecosystem to decentralize the traditional marketing industry.
  • It also aims to provide exposure and development for the webtoon sector.

Anyone who has been paying attention to the world recently would know that TooNFT is at the precipice of inevitable change. This change will involve going from the tried-and-test centralized way of doing things to the new and innovative decentralized method, one that does not involve any intermediaries or middlemen. As such, one industry in particular that could greatly benefit from this shift is the online webtoon and comic sector.

TooNFT — A Blockchain-Based- Webtoon Platform

The newly released blockchain-based webtoon platform TooNFT seeks to revolutionize the market and bring decentralization to the traditional industry through the ecosystem of Toomics. After years of providing its readers with all kinds of webtoons, comics, and manga works, Toomics grew to become the third biggest webtoon platform in South Korea.

In conjunction with this leading webtoon company, TooNFT has now begun the slow shift to a new decentralized age of blockchain-based apps. The overarching goal here is to bring in a new level of acceptance for the IPs that are effortlessly included via the NFT standards. Toomics is one of the top webtoon stations with more than 60 million users, 22 million MAU, and over 10 billion page views.

By utilizing all the perks and benefits of the Toomics Ecosystem, TooNFT is getting ready to revolutionize the webtoon sector by fixing the most immediate problems. This will be done through blockchain technology development and innovations as well as by bringing the permissionless platform to a more mainstream audience.

What is TooNFT?

TooNFT is the first decentralized app built atop Toomics’s respective network with the primary purpose of providing the webtoon sector with independence and exposure. TooNFT’s purpose is to create a decentralized marketplace by identifying and resolving market issues for online comic and webtoon fans. Moreover, the app creates a transparent payment system that motivates and supports different content creators.

TooNFT is therefore a new sort of platform with fundamental features specifically developed to fill a market need for the webtoon community. The team is developing a platform that will include a content subscription service, community building features, and content selection reliant on votes from the project’s governance DAO system. Furthermore, it includes a fully transparent profit-sharing scheme along with NFTs for content distribution.

Power to the people

The whole essence of decentralization is based on bringing power back to the people and not letting one singular authority dictate everything. With that in mind, content selection shall originate at the discretion of the team itself and move to be determined by votes in the DAO architecture through decentralized governance. Stakeholders that create, distribute, and ultimately absorb NFT-related content will get a share of the NFT system’s profits as well as a profit-sharing plan.

As if that weren’t enough, TOON tokens are used to power all of the TooNFT platform services. As a result, the TOON token will act as the primary unit, granting access to all TooNFT ecosystem features and services. In this way, TOON token holders may use their tokens to participate in governance activities and gain attractive incentives, which is another reason why TooNFT is becoming increasingly popular with each passing day.

Disclaimer: CoinQuora does not endorse any content or product on its page. While we aim to provide you with all relevant information that we could obtain, readers are encouraged to do their own research before taking any actions and bear full responsibility for their decisions. Please note that this article does not constitute investment advice.

Continue reading on CoinQuora

TooNFT Looks to Lead Webtoon Industry into Web3 via Toomics Ecosystem
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Saeed Ezati
Saeed Ezati Apr 01, 2022 7:12AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
nice
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email