“Cultiplan aims at global market with Entertainment NFT Platform ‘babidiba’”

The ‘babidiba’ platform opens a brand-new NFT market by combining Hallyu entertainment and artists, recently attracting much attention in public.

‘babidiba,’ which will open on November 1, targets the global market from the start. ‘babidiba’ has lately registered for international trademarks in Korea, EU, US, China, Japan, Thailand, Indonesia, etc.. Meanwhile, ‘babidiba’ blockchain ecosystem has completed its legal review, which is required for platform operation, through Ochsner Law and BCAS from Liechtenstein in Europe

Ricky LIM and Michael J. JEON, the co-CEOs of Cultiplan(CTPL), talk about how they name the NFT platform ‘babidiba.’ “‘babidiba’ originates from the incantation — ‘Bibbidi Bobbidi Boo’ — in the fairy tale Cinderella, meaning ‘everything will be come true.’ The platform name was conceived with such a light tone and good wish.” They believe, “‘babidiba’ aims to grow into a global entertainment NFT platform that brings fun and joy to global entertainers and fans.”

NFT is a promising field that uses blockchain tech to ensure the scarcity and originality of assets. The blockchain tech implanted in NFT makes it impossible to falsify data such as owner information and transaction history. Therefore, NFT is now being widely applied into diverse business and service fields, including online games, metaverse virtual reality, artworks and music copyright.

NFT of blockchain tech is emerging as a key topic in the era of the 4th industrial revolution. NFT can protect the copyright of creators and guarantee the value of uniqueness and scarcity in the digital content market. NFT is expected to scale up with the advancement of technology.