The global short-form content market is witnessing rapid growth, and PEEKSUP, the next-generation Web3 short-form content platform within the Fellaz ecosystem, is capitalizing on this trend by partnering with a Japanese company to co-produce Korea-Japan collaborative content.
PEEKSUP stands out with its slogan “The Next-Gen Shortform Experience,” offering a unique combination of Web3 wallet integration, token-based reward systems, and AI-driven creative tools. The platform allows users to effortlessly transform their ideas into polished short-form videos using advanced AI technology. Its interactive features bridge the gap between creators and audiences, empowering everyone to share their stories.
What sets PEEKSUP apart is its Web3-based reward model. User-generated content is not just acknowledged but also rewarded with tokens, turning creative contributions into real economic value rather than just visibility.
A spokesperson for PEEKSUP stated, “We are entering an era where anyone can easily create and share their personal stories with the world and be rewarded for it. Our goal is to democratize short-form content creation through AI and Web3 technology, taking the creator economy to new heights.”
Market projections support this vision, with the global short-form video platform market expected to reach around USD 1.85 billion in 2024, with a CAGR of 10.2% during the forecast period. Additionally, the generative AI market in the media and entertainment sector is projected to surge from $1.97 billion in 2024 to $20.7 billion by 2034. Specifically, the AI video generation market is forecast to grow from $614 million in 2024 to $850 million in 2025, at a CAGR of 22.9%.
Building on this growth trajectory, PEEKSUP is gearing up for a Korea-Japan joint production project in collaboration with its Japanese partner. This venture will bring together creators and businesses from both countries to explore new storytelling formats while adopting Web3-based revenue-sharing models that can engage both the Korean and Japanese markets.
The company emphasized, “Korea and Japan are among the most active markets for short-form content consumption. Through this partnership, we aim to encourage greater collaboration between creators from both countries and introduce innovative content that reflects shared cultural sensibilities.”
As the first short-form content platform in the Fellaz ecosystem to fully integrate Web3 wallet support, token rewards, and AI-powered creation tools, PEEKSUP is dedicated to expanding globally through new partnerships and service enhancements.