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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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