The increasing interest in Korean culture could turn this company into the next social media phenomenonâÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â The increasing interest in Korean culture could turn this company into the next social media phenomenon⦠Greetings Investors, The Korean wave, or K-wave, has arrived. If you arenât familiar with the term, itâs the cultural phenomenon of South Korean popular culture. Many of you may be familiar with the Netflix original series âSquid Gameâ (2021). The Korean show has been streamed for over 1 billion hours since its release. Worldwide interest in Korean culture has been led primarily by shows like âSquid Gameâ and the spread of K-pop and K-dramas, with keystone successes including the music band BTS and Psy's "Gangnam Styleâ song.
It was only weeks ago that Hanryu Holdings, Inc. (NASDAQ: HRYU) made its public debut on Wall Street and brought the K-wave to the markets!The stock currently has a âSTRONG BUYâ rating from [Investing.com](~/AASl5QA~/RgRm4Xg6P0SIaHR0cHM6Ly93d3cuaW52ZXN0aW5nLmNvbS9lcXVpdGllcy9oYW5yeXUtaG9sZGluZ3MtdGVjaG5pY2FsP19reD1fLUhTcG8yeTlsRFdKZTVmSzZ4MzZiYUlmdXFyWVNqcm1Jd0lOT2pwT0Y5N3lwNV9vMzd3Tm9JTXpOVDBsMkRYLlRhOXJoTFcDc3BjQgpk-jrz_mQfuiDpUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAF4bE~) and its share price has been rising exponentially in recent weeks.There is a tremendous opportunity that HRYU is intending to capitalize on.HRYU is a media tech company and the creator of FANTOO, an all-in-one social media experience connecting K-culture fans globally. This âfandomâ community may be UNLIKE ANY OTHER OUT THERE! Hanryu Holdings, Inc. (NASDAQ: HRYU) has presented a doorway to the Korean Wave through Wall Street and is behind a new kind of growing social media that could build tremendous shareholder revenue. [(~/AASl5QA~/RgRm4Xg6P0RraHR0cHM6Ly93d3cuaGFucnl1aG9sZGluZ3MuY29tLz9fa3g9Xy1IU3BvMnk5bERXSmU1Zks2eDM2YmFJZnVxcllTanJtSXdJTk9qcE9GOTd5cDVfbzM3d05vSU16TlQwbDJEWC5UYTlyaExXA3NwY0IKZPo68_5kH7og6VIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQABeGx) Company Overview: With its mission to spread Hanryu (Korean culture) all over the world, the company has created an all-inclusive global playground for fans, where they can consume, create, and get rewarded for all things related to their Hanryu fandom.Founded in 2018 and is based in Seoul, South Korea, HRYUâs platform allows users to interact with other like-minded users to share their appreciation of various types of entertainment and cultures, create and monetize their content, enjoy other users' content, engage in commerce, and experience a fandom community. The FANTOO platform⦠FANTOO is a multi-media social media K-culture fandom platform that enables global communication with real-time translation, providing a networking platform for global fans where they can communicate between countries without language barriers. FANTOO facilitates the creation of new values in fan culture and allows the fan community to share their interests with others around the world. Operating in over 150 countries, it has already accumulated over 26 million users who are fans of the Korean K-Pop wave! On the FANTOO platform, global Hanryu fans get access to news, popular culture, discussions, live shows, and fan creativity. Think Facebook for the Koean Waveâ¦. Last month HRYU announced the launch of version 2.0 of its popular K-Culture fandom application FANTOO.Chief Executive Officer of HRYU, Kang Chang Hyeok, commented, "The launch of FANTOO 2.0 was an important milestone for Hanryu, as we are now able to deliver enhanced product features, an improved interface, and an enhanced user experience to our loyal base of fans using the platform. Version 2.0 is also a more robust platform for revenue generation through multiple streams. FANTOO is already highly popular with over 26 million users, but we are always looking for ways to improve the experience for current users, as well as attract new users. We look forward to releasing additional features and system improvements in the future."Recently HRYU has said that it would be adding significantly enhanced chat functionality to its FANTOO app. This includes plans to open 'Club Chat Rooms' where like-minded members of various clubs with Hallyu and K-fandom themes such as artists and drama, can engage in real-time conversations. Through the 'Club Chat Room' on the FANTOO application, global users can communicate without language or national barriers, exchanging interests in real-time.Tremendous growth for FANTOOâ¦FANTOO has achieved remarkable growth, surpassing 26.6 million registered users and ~1.5 million active monthly users as of March 2023, within just 24 months of launch!Its success is underscored by raising ~$53 million to date, reflecting its rapid ascent in the K-Culture fandom space. How does FANTOO differ from traditional fan club platforms? FANTOO is about creating a unified space for all types of fandoms, not just artist promotion. Our platform allows fans to connect, communicate, and engage with each other, fostering a sense of community around shared interests.FANTOO offers a distinct user experience by breaking down language barriers and fostering communication among fans regardless of linguistic differences. The platform's creating studio empowers users to generate their own content, and its reward system converts user activities into valuable rewards, incentivizing engagement. For brands, FANTOO provides highly curated advertising products that encourage engagement and sales conversion, enhancing user-brand interactions.A competitive edgeHRYUâs primary focus is on providing an engaging environment for users rather than acquiring exclusive content. The company believes that by facilitating connections and creativity among users naturally leads to a thriving platform. On another platform, usersâ activities are usually controlled by artistsâ companies, but users can do anything at FANTOO without such unneeded controls. Users can make PR and create Fandom globally for their artists. FANTOO provides its services without language barriers, and FANTOO can create more concrete fandom for artists globally. An expansion into the U.Sâ¦HRYU intends to focus on user acquisition in the United States, aiming to attract more fans and increase our reach. The company believes that offering a unique space for fandoms will resonate with audiences and HRYU content with good quality globally, including the U.S. Revenue growthâ¦.HRYU has multiple revenue streams. - Advertising. - Exploration of subscription models for exclusive content. - Enabling transactions between users, allowing them to sell products or content within the platform. - Selling its own content and digital and physical products to users. Fantoo revenue growth strategy has evolved over time. In 2022, it generated $889,045 in revenue from marketing service and product sales by Hanryu Times and K-Commerce. The company focused on user base growth in 2022 and Q1 '23, with the launch of an upgraded FANTOO. Monetization streams were activated in Q2 '23, with plans to generate revenue from advertisement sales in Q2 2023 and from user creations and transaction fees in Q4 2023. Mid-term opportunities include revenue from News Agency, Enterprise Resources Planning, and Entertainment Agency. Growth strategyâ¦. HRYUâs core strategy is to pursue initiatives that promote the viral growth of its fandom base, and in doing so drive user-growth, content creation, user-to-user transactions, advertising sales, and other new revenue streams utilizing the following levers: - Attracting fans to FANTOO on a global basis;
- Advertising branded content;
- Broadening our offerings within the FANTOO platform;
- Continuous investment in research and development in its technologies;
- Development of our intellectual property portfolio; and
- Expanding FANTOO beyond Korean Wave fandoms to other global fandoms. In Summaryâ¦. HRYU is a leading global K-Wave culture company that is beginning to get recognized on Wall Streetâ¦Squid Game and K-Pop group BTS are just two examples of the growing cultural phenomenon coming out of Korea. Today, K-Wave is at the center of worldwide popular culture, spanning America, Europe, and Africa, beyond Asia. The K-Wave craze is not limited to K-Pop but has expanded to a variety of fields such as beauty, drama, and movies, establishing itself as a mainstream culture of the world. While social media isnât new anymore, itâs still a fast-growing industry. By 2025, the number of social media users is expected to climb to [4.4 billion.](~/AASl5QA~/RgRm4Xg6P0T_aHR0cHM6Ly93d3cuaW52ZXN0b3JicmFuZG5ldHdvcmsuY29tL3NvbHV0aW9ucy9zb2NpYWwtbWVkaWEvc29jaWFsLW1lZGlhLXN0YXRpc3RpY3MtZmFxcy8_X2t4PV8tSFNwbzJ5OWxEV0plNWZLNngzNmJhSWZ1cXJZU2pybUl3SU5PanBPRjk3eXA1X28zN3dOb0lNek5UMGwyRFguVGE5cmhMIzp-OnRleHQ9TW9yZSUyMHRoYW4lMjAzLjYlMjBiaWxsaW9uJTIwcGVvcGxlLHVzZXIlMjBhcHByb3hpbWF0ZWx5JTIwZXZlcnklMjAxMCUyMHNlY29uZHMuVwNzcGNCCmT6OvP-ZB-6IOlSG3RyaXN0cmFtYmFsZHdpbjg3QGdtYWlsLmNvbVgEAAXhsQ~~) Thatâs roughly half the global population. The growing popularity of the Korean Wave has historically been driven by social networking services and online video sharing platforms. Through these channels, the dispersion and export of South Korean arts, music and entertainment has grown rapidly from a regional influence into a global appreciation of K-Culture. HRYU launched the global K-Wave platform âFANTOOâ via continuous technological innovation and business advancement to create a playground for fans worldwide with fandoms in diverse fields. By maximizing the integration and synergy among R&D of artificial intelligence technology and blockchain as well as various businesses, the company has been growing and enhancing the corporate value. The expansion of the Korean Wave into a global phenomenon provides a significant opportunity to unite fans across the globe within the FANTOO platform and to turn HRYU into a household name in social media! Copyright 2023 © SCDalerts.com is owned and operated by the owner of SCD Media LLC. Disclaimer and Privacy For more Information please contact info@smallcapsdaily.com This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. 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