Naver webcomic's monthly active users top 67 mln in Aug.
"Along with the steady two-digit growth in its ad business, we are expecting the webcomic operation to lead Naver's content service business," said Ju Young-hoon, an analyst at Eugene Investment & Securities. Line Webtoon's U.S. content revenue grew to 13 billion won ($11.1 million) in the third quarter of 2019, up from 2 billion won in the first quarter, according to Naver's corporate filing. Naver Webtoon recorded 60 million MAUs in the global market and is expected to bring in 600 billion won (US$519 million) in content transactions this year. The number of its monthly active users, or MAUs, surpassed the 10 million mark in the U.S. in November, nearly doubling from 2014. The decision to remove such content from these Web2 platforms for being 'hateful or inflammatory' has divided opinion, with some feeling the move is appropriate, and others finding it unfair. "You will always be able to prove ownership through your account signature," he added, "with everything posted on Mirror being owned by the user, not the platform."

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CEO Ahn’s proposal led to a successful outcome as the only MCN company to overcome the entry barriers of Chinese platforms. Although it 동양야동 took 6 months to finalize the first partnership, the company has now built enough competitiveness that platform operators are the ones proposing collaborations first. Currently, even small-scale creators can upload content to platforms in China using the cross-border creator content solution ‘adobaro’ without needing separate certification or brokers. CEO Ahn explained that this is the result of meeting the needs of Chinese platforms to secure a large amount of high-quality content, including Korean content.

Vasari DAO aims to "create an ecosystem where artists can be properly compensated for the works they've contributed within the process" in the contemporary art scene. As Meta Kongz decided to migrate to the Ethereum blockchain, the project is following suit, claiming that they "will gain second-hand experience" from their predecessors when migrating to Ethereum, and will be able to further strategize their multi-chain efforts. The market is experiencing a 2018-style fall, combined with a multitude of bearish incidents like the recent Luna fallout. 1EG DAO hosts the 1 Ether Game, which allocates 1 ETH from the DAO treasury to game participants. The winner of the game will be rewarded with 3 ETH or 30% of their profits. Rather than relying on the wisdom of the crowd, the DAO invests in individuals instead.
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