KOLO.Market and TokenPocket Partnership Announcement
TokenPocket is thrilled to announce our partnership with KOLO.Market, the world’s first vertically integrated classical music NFT platform. We will work hard to protect the asset security of worldwide music NFT holders and build a healthy and trustworthy music ecosystem in the Metaverse. KOLO.Market will make NFT trading safer, easier, and more convenient while providing music NFT holders with the fullest classical music experience.
With blockchain technology developing rapidly and the digital asset marketplace blooming these days, it is critical to mitigating the risks of digital assets, data theft, and privacy issues. KOLO.Market leverages blockchain technology to enable users to collect and trade NFTs while experiencing various applications of NFTs. KOLO.Market emphasis on security, authenticity, and protection for users is the common objective behind this partnership with TokenPocket. With the technical support of TokenPocket, KOLO.Market users will not only be able to control their encrypted assets and reduce risk, but also enjoy full range of service, the trinity of TokenPocket mobile wallet, chrome extension wallet, and hardware wallet.
KOLO.Market will continue its efforts to develop intellectual property and music copyrights, launch the “Listen To Earn” function (earning income by listening to music), Mystery Box NFTs, Metaverse Concerts, etc. KOLO.Market and TokenPocket also promise to contribute to protecting the security, transparency, and sustainable development of the blockchain industry.
KOLO.Market is the first classical music NFT platform to be funded and incubated by a New York Stock Exchange-listed firm, KOLO.Market has since established long-term partnerships with hundreds of well-known record companies around the world, including Naxos Music Group, the world’s largest independent classical music label. Music works recorded by these well-known record companies have won many of the music industry’s highest awards, including the Grammy Awards, the Gramophone Classical Music Awards, BBC Music Magazine Awards, and other major international awards.
Through the decentralized, traceable, and non-tamperable nature of the blockchain, KOLO.Market solves the problems of copyright confirmation, rights protection, and management, protects and improves the efficiency of the royalty collection process to help ensure the rights and interests of musicians and artists and achieve decentralization of classical music royalties to create a long-term transparent platform for digital music assets based on the application of blockchain technology. In addition, KOLO.Market will incorporate the concept of web3.0 so that fans are no longer just end users but also get rewarded by supporting their favorite musicians, creating a more sustainable and healthier business model.
KOLO.Market will soon be launching the “Listen To Earn” function (earning income by listening to music), KOLO H5 pages, and the decentralized application (DApp). Next, KOLO.Market will also form the KOLO Art Committee to provide live international music events in the Metaverse and collaborate with world-renowned musicians, capturing the maximum potential of the music industry in the Web3.0 era.
The partnership between KOLO.Market and TokenPocket is not only a win-win situation but also align with the long-term goal of mapping out the music industry in the Metaverse and its ecosystem. KOLO.Market helps open the door for TokenPocket to attract classical music NFT holders, while TokenPocket provides digital asset security in a variety of ways for KOLO.Market users, this invaluable partnership will help provide solutions that complement each other, and from the user’s perspective, TokenPocket’s multi-chain self-custodial wallet allows users to enjoy KOLO.Market’s high-quality music content in the easiest, most convenient, and safest way.
Beyond this announcement, KOLO.Market and TokenPocket will continue to further their collaboration, connect and aggregate data and users, and leverage their strong technical support to build a more complete and diverse digital music ecosystem.
TokenPocket is the world’s leading multi-chain self-custodial wallet, which supports mainstream public chains and cryptocurrencies including BTC, ETH, BSC, TRON, Polygon, Solana, HECO, Klaytn, Avalanche, OKC, HSC, Fantom, Polkadot, Kusama, etc. The trinity of TokenPocket mobile wallet, chrome extension wallet, and hardware wallet has been formally formed. The Secret Recovery Phrase and Private Key are stored in the user’s device and users will be able to fully control their own crypto assets. TokenPocket has provided reliable services for over 20 million users around the world. The number of monthly active users exceeds 3.5 million and the users are located in more than 200 countries around the world.
KeyPal Hardware Wallet is a hardware wallet for multi-chain digital assets incubated by TokenPocket Foundation and developed by itself based on open-source projects. Adopting the military-grade dual-chip security protection of NXP MCU + SE security chip with international security certification, the KeyPal hardware wallet provides the highest level of security usage environment to the hardware wallet users.
KeyPal is a hardware cold wallet that integrates security, uniqueness, authenticity, and multiple protection. The hardware system supports Chinese and English dual language mode, equipped with Bluetooth and USB dual protocol communication. The PIN encryption settings support BIP32/BIP39/BIP44 derived sub-keys. It also supports the expansion function of a one-click firmware upgrade for coins and public chains at a later stage.