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    Home » Near Foundation & Hibiki Partner
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    Blockchain

    Near Foundation & Hibiki Partner

    By Bal MarsiusJuly 12, 2023Updated:November 22, 2023No Comments3 Mins Read
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    The NEAR Foundation and Hibiki Run have partnered to combine music streaming and
    digital collectibles in an exciting new platform.

    The NEAR Foundation and Hibiki Run have partnered to combine music streaming and

    digital collectibles in an exciting new platform. This collaboration aims to revolutionise

    music discovery and create new opportunities for creators and users. It will achieve this

    by utilising Listen-to-Earn incentives and digital Gachapon game dynamics.

    A New Frontier in Blockchain Development

    The NEAR Foundation and Hibiki Run are working together to bring advanced

    blockchain technology to digital music, art, and exercise. This partnership will benefit

    both platforms by promoting the growth of the NEAR ecosystem. Additionally, it will

    provide opportunities for artists and buyers to participate in a fair and open digital art

    economy.

    This collaboration includes the “digital Gachapon” concept, popular in Japan, which

    gives random items through capsule-toy vending machines. Hibiki Run uses blockchain

    to give users unique digital content in a fun and engaging way.

    NEAR and Hibiki Run partnership is a new frontier for digital arts, using innovative

    concepts, advanced technology, and user-friendly interfaces. It wants to make a fun and

    engaging experience for artists and fans to connect and interact with each other.

    Artistic Collaboration for Everyone, Everywhere

    Hibiki Run and NEAR Foundation both support a fair and decentralised ecosystem for

    artists. Hibiki Run’s unique economic model, known as “Digital Gachapon,” ensures

    innovative distribution and consumption of value for all participants. This partnership

    will extend the reach of this model, benefiting creators and consumers worldwide.

    Creators can use a Near wallet and in-game marketplace to easily sell and make money

    from their digital assets. This empowers artists to maintain control over their content

    while allowing fans to purchase and collect exclusive works directly.

    NEAR Foundation’s strong blockchain tech, along with Hibiki Run’s creative solutions,

    enables a fairer and easier digital economy. This partnership opens up myriad

    opportunities for artists, creators, and blockchain enthusiasts, signalling a significant

    step towards a decentralised world.

    A (Potential) Game-changer for Music

    By harnessing the power of blockchain and creative innovation, both parties aim to

    shape the future of music and entertainment, creating a global ecosystem that

    empowers creators and captivates listeners.

    Hibiki Run aims to transform the user experience of Web3 music by introducing a

    groundbreaking concept called “Listen to Earn” (L2E) through their reward system. This

    innovative approach motivates listeners to actively engage with music content while

    collaborating with esteemed Japanese artists and other Web3 projects.

    ​

    The partnership between NEAR Foundation and Hibiki Run marks a significant

    milestone in the widespread adoption of blockchain technology in the music industry.

    By utilising the transparency, security, and decentralised nature of blockchain, their goal

    is to revolutionise the way creators and consumers interact within the ecosystem.

    Ultimately, this leads up to providing an entirely new and improved experience.

    Blockchain
    Bal Marsius

    Bal was BTW's copywriter specialising in tech and productivity tools. He has experience working in startups, mid-size tech companies, and non-profits.

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