MyAnimeList, an active online anime and manga community with approximately 10 million users in North America, integrates cryptocurrency payments into the ecosystem.
In a press release dated December 2, the blockchain platform’s Digital Entertainment Asset announced a partnership with the parent company Media Do MyAnimeList, which will see previous DEAPcoins trading on the MyAnimeList platform.
The agreement also includes the use of Japanese intellectual property from the Media Do network for blockchain-enabled games on the PlayMining DEA platform. It only rewards DEAPcoins users for playing games or reading manga comics through the service, and will be extended to reward users who enjoy free content through the MyAnimeList platform.
Earlier this year, Media Do announced that it would invest 300 million yen ($ 2.8 million) in general ledger technology over the next two years.
The distributor, which works with more than 2,000 publishers and 150 online bookstores, reported a 20% increase in e-book sales in April, when Japan faced a crisis due to the global COVID-19 pandemic.
The company said that having a reliable history of transactions with its e-books will allow buyers to sell used copies for a fee to both publishers and authors.
The DEA will now help realize this initiative by creating and managing a secondary market using non-mushroom codes or NFTs. 5-10% of sales in this market will be returned to the original licensees.