Sung-Uk Moon, CEO of playNomm, Announces 1 Million DAO to Realize the Value of Web 3.0

“We had a lot of
thoughts on how to make a better future for the individual and society, beyond
the cryptocurrency business and blockchain services. Up until now, NFT has been
considered as a digital artwork with investment value. However, since the
advancement and diversification of Web 3.0, NFT’s scope of application and its
value will gradually expand accordingly,” he said. “NFT should have a
real-life value as well as being the digital art collection. That is why NFTs
in playNomm is different,” he added.

The LM project is
based on its owned mainnet, LeisureMetaverse blockchain, and the LM token
economy. As the first blockchain service platform of LM project, playNomm runs on
its owned mainnet, making it highly efficient with secured safety and sustainability,
and zero gas fee. Also, the intuitive UI/UX and wallet service enhance user
convenience. Furthermore, playNomm implemented a strong reward model and a
healthy token economy with its LM token. “Along with many advantages of
the service, the main distinction of our service is really the value of NFTs
playNomm pursuits,” he said. “Unlike other open NFT marketplace, NFTs
being sold on playNomm not only has its artistic value but also many attractive
utilities that can be used in the real world, because the NFTs in the playNomm
marketplace are selected carefully in planning, creating, and selling stages.
This is why playNomm is the new NFT marketplace 2.0 you have never seen before,”
he added. In recognition of the LeisureMeta mainnet based NFT Marketplace, playNomm
acquired UAE ‘NFTs E-Marketplace Provider’ license this June which has made a
foundation of a global growth strategy for playNomm as a global player.

“The core of the
LM project is DAO. LM project’s vision is to establish a sustainable social,
economic, and cultural community that holds the value of trust through
blockchain and the value of cooperation through DAO.”

Starting with the NFT
marketplace playNomm, LM project plans to build a metaverse city and a
blockchain Twincity, expanding the online business through the real-life infrastructure-based
services, for their next steps. Sung-Uk believes that the principal factor for
LM project to succeed is the DAO, since the value of trust is based on the
blockchain technology while the value of cooperation penetrates through DAO. As
trust and cooperation are the vital features leading to a sustainable life and
society, the importance of a healthy DAO is crucial. This is why playNomm is
the DAO platform that realizes the value of Web 3.0.

Since playNomm runs
on its own developed LeisureMetaverse mainnet, it can provide unlimited number
of DAOs with highly active user activities. While providing rewards for the
active DAO users with the LM token, it will nurture the many NFT rooted DAOs to
become a sustainable social, economic, and cultural communities.

The ultimate goal for
LM project is to build a digital city that connects the virtual world and the
real-world. In this “Blockchain Twincity,” NFTs will become the ID
and the members of the DAO will experience a life of economic freedom by
utilizing the services provided by the NFTs. The goal for playNomm is to become
a global NFT marketplace hub embracing both the playNomm’s DAO and the original
NFT DAOs.

playNomm is starting
its first NFT sale, BPS (Block People Soul) project, this October. A
collaboration project by a Brick artist, Jin Kei, and an Ink portrait artist,
Younghun Shin, with playNomm’s planning and marketing. The purchaser of BPS NFT
will become the first member of the playNomm’s DAO, and will receive the most
rewards and benefits, as the early members in supporting the values of
playNomm.

About Sung-Uk Moo