250 Million Pieces of OGQ Digital Asset Content to be Housed on the Ontology Blockchain
Ontology, the high-performance enterprise blockchain, has announced a partnership with global social creator platform OGQ. The collaboration will allow OGQ to leverage the Ontology blockchain to increase copyright protection for its content creators, while also presenting users with a new opportunity to purchase digital asset content using OEP-4 tokens.
Andy Ji, Co-founder of Ontology said, “With 14 million OGQ creators, 54 million pieces of digital asset content has been uploaded to OGQ since it was first founded in 2011, making it one of the leading platforms for connecting creators with fans. One of the greatest challenges for digital content creators is the ability to maintain copyright over their work. Through our partnership, 250 million pieces of OGQ digital asset content will be housed on the Ontology public chain, which will be the largest public blockchain attestation so far, ensuring the copyright is fully protected and users are rightfully recognized.”
The growing social creator platform, OGQ, enables content creators to upload and sell their digital asset content, including emojis, images, videos, music, new fonts, stickers, and memes to fans, and keeps working on providing greater copyright protection for creators in their network. Ontology will provide users with the opportunity to purchase digital asset content using OEP-4 tokens on the Ontology public blockchain, and creators will also have the opportunity to receive token rewards.
Jess Eun, Blockchain Business Developer at OGQ said, “At OGQ, our focus is on providing our creators and fans with the best possible platform to trade digital asset content. The flexibility of Ontology’s technology will allow us to build a decentralized system that suits the needs of our users. The Ontology blockchain will transform global OGQ markets for digital asset content, by providing our users with greater security, protection, verification, and scalability, and by allowing them to purchase digital content with OEP-4 tokens.”
Ontology delivers a fast, user-friendly platform with a unique infrastructure that supports robust cross-chain collaboration, providing businesses with the tools to design their own blockchain solutions securely. Powered by the Ontology Token (ONT), the distributed collaboration platform allows businesses to enjoy the benefits of smart contracts and tokenization while retaining control of their sensitive data.
Ji concluded, “OGQ’s close collaboration with Naver, a leading Korean search engine, and AfreecaTV, a live streaming social media platform with more than 25 million users, makes it an ideal opportunity for Ontology to grow alongside a large-scale digital marketplace. As OGQ continues to expand, Ontology will be on hand to provide continuous technical support to help cater to the platform’s growing demand.”
OGQ is a Social Creator Platform where content creators can upload and sell digital asset contents (including stickers, images, videos, fonts, music, music score, etc.) that their fans can view in streaming mode and download for wider use. There are around 14 million active creators in Global OGQ Markets such as the OGQ Backgrounds APP, Naver OGQ Market, and AfreecaTV OGQ Market. The MAU of the platform is 6 million, and accumulative downloads of asset contents have surpassed 2.6 billion times. OGQ started with the philosophy to rebuild creators’ rights. It helps connect creators with fans and services and returns 70%~100% of content revenues to creators. It is also leading the protection of copyright through blockchain technology for a creators’ ecosystem featuring both content authentication and safe transaction.