KOR Protocol, an on-chain infrastructure project for the entertainment and creative industries, has completed a $7.5 million Series A funding round at a $100M valuation, with participants including crypto investment firm 1kx, Blockchain Capital, and others. KOR Protocol is building an on-chain creative asset settlement platform for registering, verifying, and settling creative works such as music and film, and enabling programmable revenue distribution to creators and rights holders through stablecoins like USDC. KOR stated that the funds will be used for platform development, ecosystem growth, and partner integrations, and it plans to launch a token. (The Block)

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CraterLiquidity
· 6h ago
A $100 million valuation in Series A—this price before the token is even released. We’ll see whether it can actually secure a major IP for signing later; otherwise, it’s just air.
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GateUser-4bd1cc87
· 6h ago
7.5 million dollars isn't much for on-chain copyright, but the USDC real-time revenue sharing really hits the pain point of creators. Wait for the mainnet launch to see the actual settlement speed.
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