Lee Hong-gi, the popular South Korean singer, actor, and TV personality, has recently announced the release of his new song “I’m Missing You” as a music NFT. Released exclusively on Muverse, a leading Web 3.0 Music NFT Platform, this KPOP artist’s first ever music NFT was reportedly sold out in just 1.5 hours after its release.
Lee Hong-gi (stage name: Hongki) is the main Vocalist, visual, and face of the South Korean rock band F.T. Island. Formed by FNC Entertainment, the band debuted in June 2007, and is massively popular in South Korea, Japan, and Southeast Asian countries.
Hongki started his career as a child actor in 2002 and since then has starred in numerous South Korean TV series, like 2009’s “You’re Beautiful,” 2014’s cable drama “Bride of the Century,” and 2017’s “A Korean Odyssey.”
He debuted on the big screen with the 2013 South Korean film “Rockin’ on Heaven’s Door“, and contributed solo tracks and OSTs to many of these projects. HongKi had many feats in his glorious career, releasing scores of Korean and Japanese chartbuster singles and studio albums.
The versatile K-pop idol has amassed a huge fan following of over 2.1 Million on his official Instagram handle, @skullhong12, and is equally popular on Twitter (@skullhong), where he has around 1.2 Million followers.
In April of last year, Lee was discharged from his mandatory 18-month military service, and since then, fans of the KPOP star have been eagerly waiting for his next drop. And following the recent music industry trend, the Korean Idol has decided to mint his comeback track as a Music NFT.
From now on, you are my good friend YOLO BUNNY #5190, my new Song ”그 자리 (I’m missing you)” NFT will be released exclusively in Muverse (https://t.co/X54HC5dgvk) Music Metaverse, experience the charm of the metaverse in advance @MuverseNFT @YOLOBunnyNFT @FNC_ENT pic.twitter.com/wgGvRJBjk4— leehongki (@skullhong) October 27, 2022
Recommended Read: Blake Kathryn × Kpop Aespa NFT Collection on Sotheby’s Metaverse
NFTs are the latest craze in the music industry, and after indie artists, many major players are dipping their toes into the world of Web3. From American rappers Snoop Dogg and Eminem to Canadian electropop singer Kiesza, all are foraying into the new era of the decentralized fan experience.
Muveorse is a community-based web3.0 music NFT platform and metaverse that combines GameFi and SocialFi. The FTISLAND singer is a Muverse star ambassador, and his new song ” (I’m missing you)” was recently released on the platform.
The front cover of LEE HONGGI’s music track NFT featured a YOLO BUNNY NFT, a series of NFT avatars launched by Muverse. Lee currently owns this YOLO BUNNY NFT (#5190), which has recently been sold for Ξ46.0 ($62k).
The collection went live on October 30th, 2022 at 22:00 EST and all 200 copies were sold out within just hours. Holders of the NFT Track will receive royalties when the singer’s fans and other users interact with the track on the Muverse platform. Owners can also trade the NFT track on the Opensea NFT marketplace for ETH profits.
K-pop star @skullhong LEE HONGGI’s new song “그자리(I’m missing you)”, also as his 1st NFT work, sold out in about 1.5 hrs after releasing on Muverse! @FNC_ENT @YOLOBunnyNFT @muversekorea pic.twitter.com/rX9vAe1Eb3— Muverse NFT (@MuverseNFT) October 31, 2022
Muverse is building a creator economy where artists and fans can both earn revenue from the platform and grow together. The Web3.0 DApp has already released 10K YOLO Bunny NFTs, which serve as the platform’s scarce digital identity, as well as YBCC (YOLO Bunny Cavern Club), a premium club for YOLO Bunny holders. In the next phase, Muverse aims to create a global music metaverse community with its ambitious “Listen to Earn” model.