KOR Protocol, the Animoca Brands-owned digital ecosystem and the parent company of Pixelynx and KORUS, has sold out its collection of Founder’s Pass NFTs.
This limited series of 2,000 free-mint NFTs, designed to grant holders early access to the KOR ecosystem tools and exclusive VIP experiences, was quickly claimed in a first-come, first-served release, with 1,406 NFTs reserved through guaranteed spots.
Within the first 24 hours of public trading, the collection recorded a total trading volume of 46 ETH and has a floor price of 0.0769 ETH as of writing.
What is KOR Protocol?
KOR Protocol serves as an entertainment IP infrastructure, enabling creators to manage, distribute, and monetize their brands and intellectual properties on-chain.
With over 550,000 sign-ups for its platforms, including Pixelynx and KORUS, the ecosystem has attracted more than 100 international partners, such as Beatport, KDDI, and Banijay—producers of Black Mirror, Peaky Blinders and more.
The platform offers a suite of AI tools and applications, designed to support artists and builders in growing their digital content.
What are the benefits to holding a Founder’s Pass?
The Founder’s Pass NFTs provide holders with early access to KOR Protocol’s upcoming creator tools, which are set to launch later in 2024.
“The passes are a combination of exclusivity, utility, strong partnerships, and the free mint, making the drop stand out as a gateway to a transformative digital content ecosystem,” said Inder Phull, Founder and CEO of KOR Protocol. “One of our focus points is to attach license and royalties to NFTs.”
These passes also grant priority access to brand and IP partner initiatives, including experiences tied to the popular Netflix series Black Mirror, as well as music events on KORUS featuring top DJs, artists, and labels.
The Founder’s Pass will also serve as a VIP ticket, granting holders direct access to the token launch and all the features planned for later this year.
