Brand Story
02 Aug 2022, 22:52 GMT+10
Plagood, a ground-breaking social entertainment app that allows users to seamlessly swap themselves into popular music videos and transform themselves into the artists they love, has announced their entry into Web3 with the upcoming release of their entertain-to-earn token. The token rewards and incentivizes participation on the Plagood app for all key stakeholders including users, creators and IP holders. The platform has partnered with Nvidia, Universal Music, and other major recording and publishing groups and has grown exponentially to reach a current active user base of over 80,000.
According to Mike More, the CEO of Plagood: "Plagood is bringing the world's most popular artists and music into Web3. Our synthetic media app unlocks new monetization streams for artists, while allowing our users to engage with their favorite artists and their music in entirely new ways. Synthetic media is the next media unit to take over the social media landscape, and we are excited about attaching this to our Entertain-to-Earn token and our viral social entertainment application.
Plagood was co-founded by renowned musician Timbaland, as well as Mike More, a serial entrepreneur with several successful exits in the music world. Plagood's native Token ($PGT) will power an entertain-to-earn token model and creator fund designed to accelerate adoption and incentivize participation on the platform. The project has been incubated in partnership with Assets International, which has advised in their entertain-to-earn token model and go-to-market strategy.
According to project insiders, there are numerous benefits of Plagood. For the first time, Plagood represents a Web3 application that is built for the upcoming generation, not the current one, and will be a direct pipeline for millions of Gen-Z users to get into Web3. The app's strong network creates a 'sticky' entertainment experience that combines multiple activities and revenue streams to keep users engaged. In addition, their equity investment and partnership with Nvidia provides Plagood with some of the most cost-effective computing and cloud storage pricing in the industry.
Plagood provides users with artist content through synthetic media licenses, which cover a growing list of top artists including Justin Timberlake, Ariana Grande, Saweetie, and others. By being able to use the music of these fan favorites, Plagood will have access to hundreds of millions of fans every day.
About Plagood
Plagood is building the next generation of social entertainment apps, powered by advanced AI technology. Plagood makes it possible for users to swap themselves onto iconic clips of their favorite artists, taking the relationship between fans and artists to a whole new level with a fun entertain-to-earn (E2E) product. For more information on the Plagood token ($PGT) or the Plagood application, please visit us here.
Media contact:
Robert Penington
Media contact [email protected]
News Via KISS PR https://kisspr.com/
This content is published on behalf of the above source. Please contact them directly for any concern related to the above.
Get a daily dose of Cleveland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cleveland Star.
More InformationOTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...
(Photo credit: Troy Taormina-Imagn Images) Angel Martinez hit his first career grand slam with two outs in the top of the 10th inning,...
(Photo credit: Katie Stratman-Imagn Images) Xavier Edwards had two hits and three RBIs for the visiting Miami Marlins in their 12-2...
(Photo credit: Connor Hamilton-Imagn Images) Gavin McKenna just accelerated the growth and relevance of NCAA men's ice hockey. ...
(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK) The Los Angeles Dodgers recalled Alexis Diaz, the former All-Star...
(Photo credit: Kyle Terada-Imagn Images) With the New York Knicks coming off their first conference finals appearance in 25 years,...
(Photo credit: Eric Canha-Imagn Images) The New York Yankees placed relief pitcher Mark Leiter Jr. on the 15-day injured list on...