Mantle Network users will enjoy exclusive privileges and benefits during the presale, further enhancing the synergy between the two organizations.

Authored by: Mantle

Translated by: DeepTechFlow

FSN subsidiary Fingerlabs has formed a strategic alliance with Mantle, launching content inspired by BTS's "Hwa Yang Yeon Hwa" (Note: "Hwa Yang Yeon Hwa" is a music album by the South Korean boy band BTS).

Fingerlabs and Mantle announced a strategic alliance and investment, marking a significant moment for the distribution of K-Culture content and the widespread adoption of Web 3.0.

They are launching the next-generation content distribution platform "Xclusive," which will premiere the highly anticipated TV series "Begins≠Youth," co-produced by Chorokbaem Media and HYBE.

On April 2, 2024, Fingerlabs, a subsidiary of FSN listed on the Korea Exchange, announced today the establishment of a groundbreaking strategic alliance with Mantle Network and secured investment from Mantle EcoFund. This milestone marks a key moment in their growth trajectory, consolidating their joint commitment to providing high-value Korean cultural content through Web 3.0.

This collaboration aims to redefine fan-based content dissemination through the launch of the "Xclusive" platform, which is designed to fundamentally change the interaction between content creators and fans. To kick off this platform, "Xclusive" will premiere the highly anticipated series "Begins≠Youth."

"Begins≠Youth" is a derivative drama inspired by "BTS's Hwa Yang Yeon Hwa," co-produced by Chorokbaem Media and HYBE.

"Begins≠Youth" depicts the growth and friendship of seven teenagers, inspired by the globally popular "Hwa Yang Yeon Hwa" album and videos since 2015. The series provides unprecedented content for BTS's "Hwa Yang Yeon Hwa" fan base and the global K-pop fan community through innovative design.

This collaboration demonstrates Fingerlabs' commitment to innovation, leveraging Web 3.0 to expand the global influence of K-Culture and deepen fan engagement. By utilizing Mantle Network's modular blockchain technology, creators and consumers will benefit from new content formats and enhanced IP ownership, while overcoming the scalability and entry barriers commonly found in Web 3.0.

David Sang-Seok Lee, CEO of Fingerlabs, expressed enthusiasm for this collaboration, stating, "Given Mantle Network's scalable technology stack and vibrant ecosystem, partnering with Mantle Network will bring numerous opportunities. 'Begins≠Youth' and 'Xclusive' are the first steps in our collaboration. We will continue to exclusively release highly differentiated content and look forward to launching the next generation content platform together."

Igneus Terrenus, Public Liaison of Mantle Network, echoed this sentiment and emphasized the alignment of Fingerlabs' platform with Mantle Network's Web 3.0 development vision. "This collaboration marks our expansion in South Korea, leveraging Fingerlabs' expertise in Korean culture and fan engagement. We are both committed to driving the widespread adoption of Web 3.0 technology, and this collaboration is an important step towards achieving this goal."

As part of the alliance, Mantle Network users will enjoy exclusive privileges and benefits during the presale, further enhancing the synergy between the two organizations.

About Mantle

The Mantle ecosystem includes the Ethereum Layer 2 (L2) Mantle Network, the decentralized autonomous organization (DAO) Mantle Governance, one of the largest on-chain treasuries, Mantle Treasury, and the ETH liquidity staking protocol Mantle LSP, all built on Ethereum. The Mantle token ($MNT) serves as the unified product and governance token of the ecosystem.

Mantle's first core product is the Ethereum L2 Mantle Network, which is committed to compatibility with the Ethereum Virtual Machine. The modular architecture of Mantle Network separates transaction execution, data availability, and transaction finality into multiple modules, which can be independently upgraded and adopt the latest innovative technologies. Mantle Network is the first L2 to develop a data availability module in collaboration with the Ethereum re-staking protocol EigenLayer. By adopting a rollup architecture, Mantle Network is secured by Ethereum. As the first DAO-generated L2 in the world, Mantle Network expands the horizon for the mass application of token management technology. The current mainnet version, Mantle Network Mainnet v2 Tectonic (Mantle v2 Tectonic), was launched on March 15, 2024.

$MNT, as the native gas token and ecosystem growth token of Mantle Network, also serves as the governance token for Mantle Governance. All future Mantle products will be initiated and powered by the $MNT holder community through voting.

Mantle's second core product is Mantle LSP, a permissionless and non-custodial ETH liquidity staking protocol deployed on Ethereum L1 and managed by Mantle. Mantle LSP combines a simple, modern design with robust risk management and utilizes existing resources from the Mantle ecosystem to provide a high-yield experience, elevating Mantle's position as a revenue giant. Mantle staked mETH serves as the value accumulation receiving token for Mantle LSP.

To support the next generation of innovators, builders, and developers, Mantle aims to grow its ecosystem through the Mantle Grants Program and the Mantle EcoFund, which is a catalytic capital pool with $200 million in acceleration funds. The Showcase Apps program of Mantle provides additional support and promotion for ecosystem projects, including real-world assets (RWA) and other categories.

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