Good, a groundbreaking social entertainment app that allows users to seamlessly jump into popular music videos and transform themselves into the artists they love, has announced its entry into Web3 with the upcoming release of its Entertain-to-Earn token. The token rewards and encourages participation in the Plagood app for all key stakeholders including users, creators and IP holders. The platform has partnered with Nvidia, Universal Music and other major recording and publishing groups and has grown exponentially to reach a current active user base of over 80,000.
Corresponding Mike More, the CEO of Plagood: “Plagood brings the world’s most popular artists and music tracks to Web3. Our synthetic media app unlocks new streams of monetization for artists and empowers our users to engage with their favorite artists and their music in whole new ways. Synthetic media is the next media entity to take over the social media landscape, and we’re excited to couple this with our Entertain-to-Earn token and viral social entertainment application.
Good was co-founded by renowned musician Timbaland as well as Mike More, a serial entrepreneur with several successful exits in the music world. Plagood’s native token ($PGT) will power an entertain-to-earn token model and creator fund designed to accelerate adoption and incentivize participation on the platform. The project was launched in partnership with Assets International, which provided advice on its Entertain-to-Earn token model and go-to-market strategy.
According to project insiders, Plagood offers numerous advantages. For the first time, Plagood represents a Web3 application built for the next generation, not the current one, and will be a direct pipeline for millions of Gen Z users to jump into Web3. The app’s strong network creates a “lively” entertainment experience that combines multiple activities and revenue streams to keep users engaged. In the…
