The South Korean global metaverse platform company 3D Factory announced signing a Memorandum of Understanding (MoU) with TNC Group, a global blockchain service company. The MoU was signed on December 30,2022 to promote a full-scale NFT business.
Concurrently, 3D Factory intends to issue more than 900 different types of NFT player cards in collaboration with TNC Arts, based on the IPs of four soccer clubs that will compete in the Spanish Super Cup beginning on January 11 in Saudi Arabia.
3D Factory acquired NFT issuance rights to combine the NFT business with the metaverse of 172 Spanish clubs participating in the Copa del Rey, including the world-class soccer club FC Barcelona, which has more than 400 million enthusiastic fans.
For context, the Royal Spanish Football Federation (RFEF) signed a business license agreement with 3D Factory on November 21, 2022, to build and operate the metaverse and NFTs at the FIFA World Cup 2022 site in Qatar.
Through this, the South Korean company becomes the RFEF’s primary sponsor and will be in charge of developing the metaverses for the RFEF’s absolute male and female teams, making it the first international soccer federation with its own metaverse.
The agreement has been met with “great enthusiasm” by the RFEF’s president Luis Rubiales. He stated:
With this partnership with 3D Factory through 2027, we look forward to growing together in the exciting world of the metaverse.
Contextually, TNC Group is a Dubai-based company that provides blockchain integration services to private and public institutions worldwide with a wide range of blockchain services and enterprise solutions. It currently employs approximately 400 multinational developers in the U.S., Korea, and the British Virgin Islands, including about 200 of them located at its headquarters in Dubai.
Moreover, users can keep their avatars and customize the identities of the players in the Copa del Rey and Spanish Super Cup by downloading the RFEF metaverse from the Apple and Android app stores. The official NFT sales will begin on OpenSea on January 15.