K WAVE NEWS (23), August 6, 2021

"KWAVE GO, Launch of Entertainment and SNS platform for Hallyu Fans, 2021-08-06 (Fri) Korea Times

▶ Securing various contents as one-stop products and information

▶ Released Android application KWAVEGO on the 5th

 

In line with the Hallyu boom that is blowing hot around the world, a Korean-American company launched a comprehensive entertainment social media  that encompasses Hallyu fans. KWAVE GO, headquartered in LA, has successfully completed beta service for two months from last June and released the Android application KWAVEGO on the 5th, and plans to release an IOS application for iPhone users in the middle of this month. 

KWAVE is a social platform where 1 billion Hallyu fans around the world communicate in one place with the value of ‘fairness and sharing’. In recent years, interest in Hallyu content has been on the rise thanks to the popularity of Psy, BTS, Black Pink, Parasite, Minari, Kingdom, and Crash Landing on You.

Steven Choi, Senior Vice President of KWAVE GO, said, “To upgrade the Korean Wave boom that is on the way to globalization, we need a global player who can pioneer overseas markets and compete with major players. It is urgent to establish an online Hallyu distribution platform that connects supply.”

Can't we create a virtual world space where Hallyu fans from all over the world can gather in one place and enjoy various Hallyu contents from K-pop to K-characters? Is there any powerful marketing tool to secure passionate Hallyu fans in the era of the heyday of numerous platforms? Can't we build a Hallyu content distribution platform that enables transparent transactions between sellers and consumers with block-chain technology without the risk of forgery or falsification?

It is said that KWAVE has finally taken the first step after contemplating and agonizing over the past 10 years and spurring the development of solutions amid numerous failures. 

In addition to the global Hallyu social platform function centered on news blogs, KWAVE provides a variety of services such as K-pop, K-movie, K-game, K-beauty, K-food, K-webtoon, K-fashion, K-character, and K-culture. Content services have been completed or are being prepared. A system has been established so that Hallyu fans can purchase their own cryptocurrency (KWG) with points accumulated on the platform and pay for necessary services with one touch. 

From the time of membership registration, trust is automated with social big data and artificial intelligence technology, and trustworthy transactions are made between sellers and buyers. Senior Vice President Choi said, “In the background of the global Hallyu boom, the voluntary support of Army fans who raised BTS to become global stars was the number one contribution.” Along with the BTS Cup Sleeve distribution event, the company is also holding an event to provide its own virtual currency (KWG) for free.

KWAVE plans to expand its horizons as an entertainment that discovers and trains the next generation of Hallyu stars, and an academy that nurtures talents who will lead the Hallyu business. As part of that, the K-Pop Academy has been opened since August and is currently recruiting students in the fields of dance, vocals, acting, and modeling. In addition, the company is looking for companies and partners to supply Hallyu contents and products to KWAVE.

Contact: (213)268-5636, info@kwavego.com

Websites: www.KWAVE.ai, www.KWAVEGo.com

Android App: KWAVEGO 

Reporter Cho Hwan-dong

 


Peter Roh

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