NEM (XEM) recently announced that they have partnered with Kind Heaven, the immersive entertainment experience opening in 2019 on the Las Vegas Strip. This collaboration will help Kind Heaven add blockchain technology on its platform, with Asta as its official development partner. Through the use of leading-edge technology and Hollywood-style storytelling, Kind Heaven at the LINQ Promenade will provide a wide variety of experiences exploring the culture of Southeast Asia. NEM tweeted:
NEM (XEM) is providing Kind Heaven the speed and scalability to add blockchain within its state-of-the-art entertainment venue. Asta is a well-known blockchain development platform. It has previously developed deployed formulas using XEM blockchain in South East Asia and Australia. Cary Granat, CEO Immersive Artistry, one of the creators of Kind Heaven said:
“When Kind Heaven began evaluating blockchain partners, we knew we needed a top-of-the-line platform to provide a secure, streamlined user experience. Experiences at Kind Heaven will be unlike anything seen before, and we believe NEM provides an ‘A-level’ approach and a top-of-the-line, proven system to make this possible.”
NEM (XEM) being integrated on the Kind Heaven network shows the versatility of XEM as a blockchain solution provider. Use cases of XEM’s blockchain solutions are not only for finance and banking, they are far ahead from it and NEM’s partnership with Kind Heaven is a proof of this.
This partnership for NEM is a good step to expand its network. NEM has entered a new industry of Global Collectives worth $600 billion market. In the coming years, it’s estimated that digital collectibles will grow from a $35 million to $10 billion market. Kind Heaven is focused on developing a digital collectibles business using blockchain technology that will capitalize on its mythology, characters, icons, and geography. This will create a vibrant, actively-traded market for digital collectibles existing in multiple formats.
Kind Heaven is forming relationships with prominent partners in Asia, including an upcoming e-commerce partnership that will integrate NEM to create a decentralized marketplace. This marketplace will allow vendors in Asia to share goods and services in North America. Kind Heaven will also collaborate with artists, who will have limited-edition digital collectibles of their own available through the Kind Heaven marketplace.
NEM (XEM) has been playing a good role in developing blockchain technology. It was designed to be a fast and scalable blockchain network. The world is adopting and recognizing XEM’s blockchain technology. NEM recently partnered with the VXN Exchange, XEM and VNX Exchange want to develop standards and protocols for operating security tokens on the blockchain of NEM (XEM). They want to set a standard that will remain strong all through the entire life cycle of the blockchain.