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Woofun AI reports that KOR Protocol has secured $7.5 million in Series A funding to digitize creative assets via blockchain infrastructure. The capital injection targets the structural inefficiencies inherent in traditional media rights management.
The financing round values the entity at $100 million, with 1kx and Blockchain Capital leading the investment. This capital allocation underscores institutional interest in decentralized media solutions. The funds are designated for platform enhancement and ecosystem expansion.
Woofun AI data shows, Structurally, the protocol operates on Base, Coinbase’s Ethereum Layer 2 network. This technical foundation supports the registration and verification of music and films. By moving these processes on-chain, the system addresses critical gaps in rights management and royalty distribution. The architecture ensures transparent attribution for all registered works.
A more critical variable is the planned launch of a native token. This feature aims to incentivize network participation and streamline internal transactions.
Furthermore, the infrastructure is designed to combat piracy and unauthorized use. By securing intellectual property on-chain, the platform reduces reliance on fragile traditional enforcement mechanisms.
This development marks a significant shift for the creative economy. Traditional models rely on intermediaries, complex contracts, and opaque royalty systems that generate friction and costs. KOR Protocol’s approach offers transparency and direct control for creators and rights holders.