ConX, a global blockchain mainnet, unveiled the winning idea for the circular real-world asset (RWA) project Ju Jae-beom Arena, turning it into a physical artwork and presenting it at a global art fair. Earlier this year, ConX partnered with ARTUE, an AI-powered art curation platform, to run Ju Jae-beom Arena as part of the circular RWA initiative. Three hundred forty-four ideas were submitted, with ‘Another New Day’ (2026) ultimately winning the competition.
The winning concept depicts Seoul’s nighttime cityscape with a red energy rising from the bottom and a blue memory at the top, signaling a fresh start. The winning idea was realized as a tangible work through pixel artist Ju Jae-beom’s hand. This piece was unveiled to the public from April 3 to 5 at SETEC in Seoul, at ARTUE’s booth during Art OnO, an international art fair. Art OnO is an esteemed fair that showcases high-caliber works selected through strict judging standards.
The project applies a blockchain-based revenue-distribution structure, with proceeds transparently distributed to participants via the On-chain Distribution License (ODL) smart contract standard developed by Com2uS Holdings. To enhance stability, the project uses low-volatility stablecoins such as USDC and USDT. The circular RWA model is expected to provide a technical basis for the 2027 installation of resale rights for artworks, ensuring creators receive a share on secondary sales. Blockchain technology enables transparent revenue-sharing to maximize creators’ rights. ConX’s ecosystem includes major Web3 players such as Com2uS Holdings, Google Cloud, Layer Zero, and Animoca Brands, building a sovereign chain that links the content and digital finance ecosystems. It aims to deliver a trusted environment and advance stablecoin infrastructure for securely on-chain asset workflows.
Separately, Seoul Fintech Lab and XRPL Korea announced the Korea Financial Innovation Program 2026 to accelerate digital asset services based on XRP Ledger, with Ripple as the lead sponsor and partners including Toss, IBK, Hana Bank, DB Insurance, and the Korea Fintech Industry Association. The program offers mentoring, legal support, office space, and a total prize pool of 32 million won. Finalists will gain opportunities to pursue PoC, partnerships, and global ecosystem connections, including Swell 2026. In addition, participants can join the Milgram community for ongoing business development, and the program provides onboarding materials and access to XRPL grants up to 200,000 dollars in non-equity funding; an in-person session is planned for April 22. Separately, Seoul Fintech Lab noted that Ripple-backed XRPL Korea collaboration aims to connect Korean fintech startups with the global blockchain ecosystem, creating further pathways for digital asset innovation and finance.
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