NEM will Offer Blockchain Backend for Kind Heaven’s Las Vegas Entertainment Venue

Kind Heaven, which is an immersive entertainment experience that will open next year at the Las Vegas strip, recently announced it would work with NEM as a blockchain partner.

Via this agreement, Kind Heaven will use the blockchain through the NEM platform. ASTA will be the official development partner.

About NEM

NEM offers speed and scalability, which meets the needs of Kind Heaven’s plan to integrate the blockchain into its state of the art entertainment establishment. ASTA is an experienced blockchain development company. It has already created various solutions with the help of the NEM blockchain in South East Asia and Australia.

According to the regional head of NEM in North America, the decision of Kind Heaven to use NEM is a testament to their versatility and a provider of blockchain solutions. He concluded by saying that use cases for NEM went beyond the banking and finance world and the Kind Heaven partnership was proof.

Kind Heaven Concept

The Kind Heaven concept was created by the frontman of Jane’s Addiction and Lollapalooza Founder Perry Farrell. He did it in collaboration with Immersive Artistry, whose team includes Cary Granat, the CEO and Ed Jones, the President. Cary is the former COO of Miramax/Dimensions Films, and Jones has worked on films such as E.T. Indiana Jones the Star Wars’, The Empire, Strikes Back.

With the use of leading-edge tech and Hollywood-esque storytelling, Kind Heaven project will offer a wide array of experiences that explore the Southeast Asia cultures.

According to Cary Granat, when Kind Heaven started to evaluate blockchain partners, they knew that they had to find a high-end platform that would offer a secure and smooth experience. The Kind Heaven experience will be unlike anything that has been seen before according to him. He concluded that he believed NEM offered a top quality proven system to ensure they could bring their dream to life.

The Global Collectibles Market

The Global collectibles market is estimated to be worth $600 billion. Right now, digital collectibles were a growing subset in this area. In the future, it is estimated digital collectibles will be worth about $34 billion market capitalization.

Kind Heaven wants to develop a digital collectibles market that will be powered by the blockchain. The project will capitalize on its characters, mythology, geography, and icons to make this a reality. This will lead to a vibrant market for the digital collectibles that exist in various formats.

The Kind Heaven Strategy

Kind Heaven is creating relationships with partners in Asia, which include the upcoming partnership with NEM to create the decentralized market. The market will let vendors in Asia trade services and goods in N. America. Kind Heaven will also work with artists who will have digital collectibles of their own offered on the market.

About NEM

The NEM platform was created and coded for scale and speed. It will be a permissioned and private blockchain that offers industry-leading transaction speeds for international ledgers. Its unique consensus mechanism ensures it can grow without affecting throughput.