IZONE
Group IZ*ONE revival financing plan exceeded 2 billion won on the first day of its opening.
Crowdfunding platform Wadiz said on April 22nd, “The ‘parallel universe’ fundraising plan for IZ*ONE‘s revival exceeded 2 billion won on the first day of its opening, after it opened. raised 1 billion won in 20 minutes. ” As of April 22nd, the achievement rate of the fund’s target amount exceeded 200% with over 10,000 backers.
The Funding is an IZ*ONE relaunch fundraising project, which is slated to cease operations at the end of the month, which was led by the IZ*ONE fan association the WIZ*ONE to increase the initial costs of relaunching the group.
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This is known as the first case of fans helping an idol group get back to business, how not only to be consumers, but also being able to plan and sponsor the group’s fundraising. This case is expected to present a new way of interacting between fans and players in the entertainment industry going forward.
“The project, which contains the wishes of the fans, will be carried out via Wadiz to enhance transparency in the funding process,” said an official of the steering committee of the “PARALLEL UNIVERSE” project. “I hope the hearts of the fans will be rewarded until the end and I hope other fans will find themselves in similar situations.“
Wadiz said, “This funding started with the voluntary participation of fans, and it’s an example of the power of an active fandom,” adding, “We will make efforts to create a creator economy with stars and stars. fans that thrive around the world. “
Funding will run until June 21st and will be available on the Wadiz website.
Journalist: Shawn
Translator: Shawn
Source: Wadiz
