ESTsoft (CEO Chung Sang-won), a company specializing in AI services, announced on the 20th that it has signed a memorandum of understanding with FSN (CEO Lee Sang-seok) and Fingerverse (CEO Choi Bok-kyu) to build a comprehensive partnership for a blockchain and NFT business.
FSN, ESTsoft's partner in the agreement, is a KOSDAQ-listed company running its blockchain business through subsidiaries Fingerlabs and Fingerverse. It drew attention by building membership PFP NFTs that offer a range of benefits and roadmaps around its own technology and a strong community, and established itself as a leading Korean NFT company by selling out Fingerlabs' 'Sunmiya Club', 'Happier Town' and 'Smile Miya Club' along with Fingerverse's 'Bellygom NFT'.
The signing ceremony was held at ESTsoft's headquarters in Seocho-gu, Seoul, attended by representatives of all three companies including ESTsoft CEO Chung Sang-won, FSN CEO Lee Sang-seok and Fingerverse CEO Choi Bok-kyu.
At the ceremony the three companies agreed to launch NFTs using the IP of AI humans produced by ESTsoft. Having confirmed the competitiveness of the highly advanced AI humans created in ESTsoft's world-class 'AI Studio Perso', the three agreed to maximize their added value. ESTsoft's AI humans can run in combination with ChatGPT and boast quality supporting up to 8K, the highest resolution currently available.
To that end the three companies will make full use of the blockchain solutions, community building and other NFT minting know-how held by FSN and Fingerverse. They also agreed to actively introduce programs that help maximize added value, such as developing membership services using NFTs and building and activating web pages.
Building on the agreement, ESTsoft intends to respond actively to megatrends such as Web 3.0 and the metaverse, and to advance the AI human business models it is pursuing as new AI ventures. Its strategy in particular is to create synergy by applying NFTs to its AI human agent business, strengthening IP and expanding the world-building.
FSN CEO Lee Sang-seok said: "Combining our NFT project technology and know-how with ESTsoft's AI human capabilities will produce an innovative NFT project that can lead the Web 3.0 industry," adding, "With AI drawing attention as a promising future industry, ChatGPT above all, we expect this project's value to keep growing and to be fully competitive in global markets too."
ESTsoft CEO Chung Sang-won said: "This agreement strengthens the core competitiveness of our new AI businesses while laying a foundation for responding effectively to the new digital economy Web 3.0 is opening," adding, "We will concentrate all three companies' know-how to issue NFTs successfully, and on that basis expand into the Web 3.0 and blockchain markets."
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