UPCX Platforms Ptd. Ltd. (UPCX), who develop open-source payment systems based on a high-speed blockchain optimized for payments and financial services, and 48 Entertainment Sdn. Bhd. (48 Entertainment), who manage the female idol group KLP48, have signed a business partnership agreement for joint development of a social tipping platform for the purpose of digital fan engagement for KLP48.
Through this partnership, the two firms aim to provide innovative services utilizing Web3 technology, and realize a next-generation fan experience.
Background and Objectives of the Partnership
UPCX will develop a dedicated social tipping platform for KLP48 utilizing high-speed blockchain technology. This platform will be equipped with social tipping features, providing a new environment which will enable fans to participate more proactively in the idols’ activities. In addition, it will utilize Web3 technology to increase transparency and trust between the fans and idols.
Combine the strong track record 48 Entertainment has cultivated in the entertainment sector with the technological capabilities of UPCX, they aspire not only to evolve fan engagement, but also to provide new value to the entertainment industry as a whole in both nations.
Spokesperson Comments
UPCX Representative Director Makoto Nakano’s Comments:
“UPCX aims to bring new value to people around the world through providing innovative payment systems based on blockchain technology. We are delighted by this opportunity to partner with 48 Entertainment exploring new possibilities in the entertainment sector. We are eager to take on the challenge of providing a digital experience like never before for all the KLP48 fans.”
48 Entertainment Spokesperson Yip Jun Huei:
“We are very much looking forward to the opportunity to provide a new digital ecosystem for KLP48 fans through this partnership. By combining the high-level technological capabilities of UPCX with our experience in the entertainment industry, we will make deeper connections with fans, and contribute to the entertainment industry.”
About KLP
KLP48 is a popular female idol group with a global fan base produced by 48 Entertainment. Going forward, they are making efforts to achieve new fan engagement in the digital sphere.
About UPCX
UPCX Pte. Ltd. is a global firm which provides a next-generation payment experience, developing open-source payment systems based on a high-speed blockchain optimized for payments and financial services. They build innovative payment ecosystems which prioritize user experience.
Please see the following for details:
Whitepaper 1.0
https://upcx.io/whitepaper/
Linktree
https://link3.to/upcx