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About MiraQle
- Mission: Transform the corporate-driven global music industry to a new dimension and bring fans to the core of the music industry.
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Founders:
- CEO Ross Lee: Studied Business Management at Seoul National University, experienced in iRiver and POSCO.
- CTO Min Jang: Ph.D. in Computer Science from POSTECH, expert in blockchain technology, AI, machine learning, and data mining.
- CMO David Om: Studied International Relations and Affairs at Korea University, experienced in F&I Institute, Dong-A Pharmaceutical, and Pixel Punch.
- Revenue Model:
About MiraQle: Pioneering the Future of Blockchain Innovation
Embody Transformation.
No More Secrets: Unveiling Transparency.
A Singular Global Currency.
Mission and Vision “Vision”: To forge a global network of decentralized, democratized pan-entertainment platforms, where content creators and fans converge. “Mission”: To revolutionize the corporate-dominated global music industry, shifting the paradigm to place fans at the epicenter of the music universe.
Ross Lee, CEO and founder, holds a degree in Business Management from Seoul National University. During his early career at iRiver, he witnessed firsthand the transformative impact of advanced technology on the traditional music industry. Following a series of successful performances that earned him recognition at iRiver, Ross joined the international business divisions of POSCO and Nature Republic, where he continued to drive innovative strategies with unwavering passion. Through his diverse experiences, he evolved into a fervent advocate for harnessing innovative technology, relentlessly seeking ways to forge connections and create a unified universe.
Dr. Min Jang, CTO, holds a Ph.D. in Computer Science from POSTECH, one of Korea’s premier engineering institutions. Renowned for his expertise in blockchain technology, as well as cutting-edge computer science disciplines such as artificial intelligence, machine learning, and data mining. His impressive portfolio includes significant contributions to prominent projects, including the Seoul National University New Technology Joint Research Center, LG Electronics, and Hancom Group. His proficiency in crafting a robust blockchain ecosystem has been instrumental in shaping MiraQle into a stable and reliable platform. Currently, he serves as an adjunct professor in the Department of Value Creation & Convergence, an Operating Committee member of the Blockchain Advanced Management Program, and Chairman of the APGC Blockchain Division.
David Om, CMO, holds a degree in International Relations and Affairs from Korea University. He launched his career by founding the F&I Institute, which achieved remarkable success. Leveraging his expertise in coordination and consulting, David joined Dong-A Pharmaceutical as Regional Manager for India, where he successfully acquired and managed numerous new trade partners. He later advanced his career as Co-founder and Marketing Consultant at Pixel Punch and Business Development Manager at Nature Republic, where he first met Ross Lee. Sharing a common vision, they went on to play a pivotal role in MiraQle, leading a talented team of specialists in marketing, legal affairs, and international relations.
Revenue Model With MQL, fans can utilize them across a diverse range of services, spanning from participating in the album production stage to purchasing artist merchandise. Through the establishment of a global music market ecosystem, the MiraQle Project can generate revenues not only from global collaboration album sales, but also through streaming rates, and used MQL within this ecosystem will be burned. Collaboration albums between Chinese and Western industry-leading artists can be endlessly reproduced into derivative products, such as concerts and goods, which will be distributed worldwide. Furthermore, high-quality NFT products will be produced and made purchasable through MQL in various marketplaces. Additionally, MiraQle is developing a novel business model through participation in staking and funding of these NFT artworks, thereby unlocking new revenue streams.
Portfolio of Offerings Description
FanPick is a pioneering voting application that empowers global fans to take an active role in the production process of creating a collaborative album through diverse methods. By participating in FanPick’s recommended project listings, users can earn MQL tokens. Furthermore, users can utilize their MQL tokens to create and curate their ideal album projects, encompassing aspects such as genre selection, artist attire in music videos, and voting. The collaboration artists and album concept with the highest votes will be nominated as the next featured artists for the DreamX Project. Additionally, fans can utilize MQL tokens to vote for a selection of artists’ IP NFT products created by VERS, and the product with the highest votes will be awarded to the voter who spent the most MQL tokens. Notably, all these processes are ensured to be transparent and tamper-proof through the integration of blockchain technology.
DreamX, a visionary project, was launched in 2019 as a tribute to the King of Pop, Michael Jackson, with the release of the album “Let’s Shut Up & Dance,” featuring an all-star lineup, including Jason Derulo, Lay of EXO, and NCT 127. This was followed by the debut of its inaugural collaboration album, “Season For Love,” in February 2021, showcasing the talents of Silence Wang and Lenka. A Chinese adaptation of the album, remade by Shuang Sheng, was released in May 2021. 7SIX9 Entertainment has since embarked on a journey of album and music video production, leveraging the expertise of seasoned producers and professionals, handpicked from the global collaboration lineup curated by FanPick. Furthermore, a strategic partnership with VERS, a pioneering new media company specializing in NFT artwork creation, is poised to add significant value, enticing global fans to purchase exclusive artists’ NFT merchandise and aesthetic goods.
MiraQle, a pioneering force in the realm of Non-Fungible Tokens (NFTs), is crafting exclusive digital collectibles by harnessing the creative potential of DreamX Artists’ intellectual property. This innovative endeavour incorporates a diverse array of cutting-edge media art technologies. The NFT product portfolio encompasses an eclectic mix of DreamX albums, artist showcases, music video clips and images, as well as cross-cultural artworks that blend disparate styles and influences. Currently, MiraQle is actively developing a proprietary filter module app and web platform, an immersive NFT Marketplace that seamlessly integrates augmented reality (AR) and virtual reality (VR) technologies, alongside a collateral security framework designed to facilitate financial derivatives.
Following the completion of collaboration albums, a diverse array of music content and related merchandise, including physical albums, concert tickets, and other exclusive goods, will be made available for distribution through EnterPlus, a cutting-edge online shopping mall seamlessly integrated with MQL.
Experience the future of digital assets with EnterPlus, accessible at
https://enterplus.net/
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Introducing MusicQ, a pioneering platform where music converges with social media. This innovative application empowers users to seamlessly share their favorite music playlists across multiple streaming platforms, currently spanning Spotify and Apple Music. Users can explore new tunes, craft personalized playlists, and engage in lively discussions and voting sessions. Moreover, MusicQ’s virtual “music rooms” facilitate the creation of user-generated content, featuring esteemed DJs, curators, and a plethora of interactive events. Following its successful Android launch in March 2021, MusicQ has expanded its territorial reach, releasing in 10 additional countries worldwide. The iOS version is currently in beta-testing, with an anticipated release slated for the end of 2021. Explore MusicQ at:
https://musicq.site/
Project Classification
Utility Token: Token Description: MiraQle (MQL) boasts a distinctive economy, empowering seamless interactions across a diverse array of entertainment platforms.
Token Utility: The global music market serves as the ideal platform for MQL circulation, where the “Planning-Production-Distribution-Consumption” paradigm forms the cornerstone of a differentiated ecosystem model, encompassing all stages of the music platform.
FanPick: Every voting process necessitates the expenditure of MQL. The entirety of fan vote transaction data, encompassing the journey from purchase to casting a vote for an artist or collaboration album concept, is meticulously recorded on the blockchain. In recognition of their dedication and active participation in projects, fans are rewarded with MQL rewards, commensurate with their level of support and involvement.
NFT: MQL serves as a versatile utility token, facilitating purchases, staking, funding initiatives, and collateralizing securities.
MusicQ: The creation of premium playlists and rooms, as well as the sponsorship of DJs and celebrity events, necessitates the utilization of MQL. Conversely, users and celebrities are incentivized for sharing exceptional music playlists, with rewards allocated based on their popularity among users.
EnterPlus: Enjoy seamless transactions with MQL, the preferred payment method for all EnterPlus products, accompanied by exclusive discounts and rewards.