KOSDAQ-listed FSN’s subsidiary, Fingerlabs, announced a groundbreaking strategic alliance with Mantle Network, coupled with an investment from the Mantle EcoFund. This milestone signifies a pivotal chapter in their growth trajectory, consolidating their shared commitment to delivering high production value K-Culture content through cutting-edge Web 3.0 channels.
The collaboration aims to redefine fan-based content distribution with the launch of “Xclusive,” a platform poised to revolutionize how content creators engage with their fans. To inaugurate the platform, “Xclusive” will debut the highly anticipated drama “Begins≠Youth.”
Begins≠Youth is a derivative drama that is inspired by “BTS Hwa Yang Yeon Hwa”. Co-produced by Chorokbaem Media and HYBE, “Begins≠Youth” depicts the growth and friendship of 7 youths, taking inspiration from The Most Beautiful Moment in Life albums and videos that have taken the world by storm since 2015. The drama offers fresh, never-before-seen content in an innovatively designed package to the BTS Hwa Yang Yeon Hwa fanbase and the global K-pop fan community.
The partnership demonstrates Fingerlabs’ commitment to innovation, utilizing Web 3.0 to extend K-Culture’s global footprint and deepen fan engagement. By leveraging Mantle Network’s modular blockchain technology, creators and consumers will benefit from new content formats and enhanced IP ownership, while overcoming scalability and onboarding challenges prevalent in Web 3.0.
David Sang-Seok Lee, CEO of Fingerlabs, expressed enthusiasm about the collaboration, stating, “Collaborating with Mantle Network presents numerous opportunities, given its scalable tech stack and vibrant ecosystem. ‘Begins≠Youth’ and ‘Xclusive’ is the first step of this partnership. We will continue to exclusively distribute highly differentiated content and together, we look forward to delivering the next-generation content platform.”
Igneus Terrenus, Public Liaison of Mantle Network, echoed this sentiment, highlighting the alignment of Fingerlabs’ platform with Mantle Network’s vision for Web 3.0 growth. “This partnership signifies our expansion in Korea, leveraging Fingerlabs’ deep expertise in K-Culture and fan engagement. We are both dedicated to enabling mass adoption of Web 3.0 technologies, and this collaboration marks a significant step forward in achieving that goal.”
As part of the alliance, Mantle Network users will enjoy exclusive privileges and benefits in the presale, further enhancing the synergy between the two organizations.
About Mantle
Mantle Ecosystem comprises an Ethereum layer 2 (L2) — Mantle Network, a decentralized autonomous organization (DAO) — Mantle Governance, one of the largest on-chain treasuries — Mantle Treasury, and an Ether (ETH) liquid staking protocol — Mantle LSP: all built on Ethereum. Mantle token ($MNT) is the unified product and governance token of the ecosystem.
Mantle’s first core product is Mantle Network, an Ethereum L2. Mantle Network strives to be compatible with the Ethereum Virtual Machine (EVM). Mantle Network’s modular architecture separates transaction execution, data availability, and transaction finality into modules — which can be individually upgraded and adopt the latest innovations. Mantle Network is the first L2 to partner with ETH restaking protocol EigenLayer for the data availability module. By adopting a rollup architecture, Mantle Network is secured by Ethereum. As the world’s first DAO-spawned L2, Mantle Network is pioneering a vision for the mass adoption of token-governed technologies. The current mainnet version, Mantle Network Mainnet v2 Tectonic (Mantle v2 Tectonic), went live on March 15, 2024.
$MNT powers Mantle Network as its native gas token and ecosystem growth token, and serves as the governance token of Mantle Governance. All future Mantle products will likewise be initiated by the $MNT holder community through vote and powered by $MNT.
Mantle’s second core product is Mantle LSP, a permissionless and non-custodial ETH liquid staking protocol deployed on Ethereum L1 and governed by Mantle. Mantle LSP combines simple and modern design with robust risk management, and leverages extensive existing Mantle Ecosystem resources to deliver a highly rewarding experience and supercharges Mantle’s status as a yield powerhouse. Mantle Staked Ether ($mETH) serves as the value-accumulating receipt token of Mantle LSP.
To support the next-generation of innovators, builders, and developers, Mantle is growing its ecosystem via Mantle Grants Program and Mantle EcoFund, a catalyzed capital pool of $200M. Mantle’s Showcase Apps program lends additional support and publicity to ecosystem projects in categories such as real world assets (RWA).
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