The Aria Foundation has been established to oversee the decentralized Aria Protocol, aiming to enhance the on-chain integration of iconic intellectual properties (IPs). The protocol has already facilitated the on-chain transfer of song royalties for artists like Justin Bieber, BLACKPINK, and BTS, and has issued the IP physical asset token $APL. In September, the project secured $15 million in strategic and seed funding from investors including Polychain Capital, Neoclassic, and Story Foundation. The Aria Foundation will manage ecosystem resources, IP asset issuance, and protocol governance, while Aria Protocol Labs will provide ongoing technical and ecosystem support.
Aria Foundation Launches to Advance On-Chain IP Economy
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