- The NFT Govereance soon launched the K-pop girls trio TripleS.
- A Web3 non-custodial wallet powered by Polygon Labs.
- users get governance voting rights, including selecting song names for future COMO albums.
The NFT governance approach, which uses the Polygon blockchain, has been used by K-pop girl trio TripleS to launch the release of its new album. According to a statement, fans participated in a voting process called “Gravity.”
Fans may vote on the group’s official “Cosmo: the Origin” app during the event using COMO, a form of currency acquired through unique pictures called “objeckts.” Ramper, a Web3 non-custodial wallet powered by Polygon Labs, Hashed, and Near Protocol that does not require downloads, browser plugins, or seed words,
For every objeckt they acquire, fans receive one COMO. Users get governance voting rights, including selecting song names for future COMO albums.
Fans voted daily between two songs in a tournament style on the Cosmo app from December 1 to 8, 2022. The lead track for “Assemble” is the song “Beam,” which won the final round of voting. According to the announcement, about 57,340 COMO governance assets were voted on throughout the voting session.
Unlike DAOs, which vote on-chain, COMO votes are gathered and discreetly cast off-chain via the app and then recorded after the voting session.
“Dimension” is a season-long subunit of the group that meets quarterly. Twenty-four members rotate as part of a dimension, creating a group with 5 to 10 members.
A group that sells over 100,000 albums will retain its lineup and unit name, allowing select members from the pool of 24 to return.
A recent interview with CoinDesk Korea revealed that NFTs are not the focus of Web3. Instead of NFT-centered governance, he said, “We’re trying to build a service that any fan can use.”