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Questions arise about what will happen with the crowdfunding that raised 3.2 Billion KRW ($2.9 million) for IZ*ONE as CJ ENM confirms the girl group will not come together again


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The possibilities for the popular girl group IZ*ONE to reunite and return for group promotions have become slimmer as CJ ENMconfirmed that each members' agencies want to continue with individual promotions.

CJ ENM stated on July 7,  "We have been in discussion with the other agencies of each member until recently keeping various possibilities open. However, we were ultimately unable to finalize the endorsement for the group promotions."

They continued to say, "We ask that everyone continues to show their encouragement and support for the members' future endeavors regardless of whether they reunite or not."

IZ*ONE is a twelve-member girl group that was formed in 2018 through the Mnet audition program 'Produce 48.' The girls have promoted together in this project girl group for two years, gaining immense popularity. However, in April of this year, the group decided to go separate ways without extending the contract to promote as a group.

There have been many fans who expressed their regrets and sadness as they did not want to say goodbye to their beloved group that only promoted for two years and a half. Some fans began a crowdfunding event in an attempt to bring the group back together.

The "IZ*ONE Relaunching Funding" project, which was voluntarily created by fans in hopes of reuniting the group IZ*ONE, collected 3.2 billion KRW (~2.9 million USD) in about 40 days of fundraising. This is the first time in K-pop history that such a large amount of money was collected for such a crowdfunding project.

Crowdfunding platform Wadizannounced on June 2nd that "IZ*ONE Relaunching Funding" broke the record of the highest amount raised in Korea. The previous record was the OST release project of the animation 'Full Moon o Sagashite,' which collected about 2.6 billion won (~2.3 million USD) in 2019 from 'Tumblbug' crowdfunding.

Despite the funds being collected for the group, an agency official stated, "2 billion KRW (~1.8 million USD) would be enough to release one to three albums along with promotions. However, the possibility that this project will be executed is zero because the members have already begun preparing their individual promotions in each of their respective agencies."

Since then, there has been some hope for fans as reports of a possible reunion have been released. With news being released that CJ ENM had failed to bring about a reunion, many are wondering what will become of the funds that have been collected.

Supporters of the Parallel Space Commission, which is the committee in charge of the funding, stated they are willing to go until the end. These disappointed fans stated, "I can't believe it's not happening," "What's going on? There were reports that they will be reuniting and then they're not, then they were reuniting, and now they're not," "Why is CJ ENM intervening suddenly?" "CJ ENM didn't help with anything," "We won't give up," and "We're going to go to the end."

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After TS Entertainment ripped off Solbangul with the Makestar funds for Sonamoo's last "comeback" (which I donated to), plus various Gofundme scams in general I've learned to distrust crowdfunding as a whole. I feel bad for WI*ZONE but I hope there's a lesson learned from this. I hope they get their money back but my gut feeling tells me otherwise.

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I don't understand why every produce fandom has tried making the group stay together, when they went into stanning for this group knowing it would just be a temporary thing. Logistically it would never work out. We've seen companies put their trainees together to make a group all the time and they 9 times out of 10 fail because of disagreements. Each company wants the group to be handled their way and there too much drama in that.

Just be glad that it happened.

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19 minutes ago, My Everything said:

"I can't believe it's not happening," "What's going on? There were reports that they will be reuniting and then they're not, then they were reuniting, and now they're not," "Why is CJ ENM intervening suddenly?" "CJ ENM didn't help with anything," "We won't give up," and "We're going to go to the end."

For the sake of the members, fans and those who were rigged out, it's better to move on. I hope these people realize this.

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I think the fans need to move on. You can't make a kpop group or any musical act your entire life. Donating all of this money for a TEMPORARY group to stay together could be better used for charities across the country. These girls can't even debut in other groups without "fans" going crazy. 

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Izone fans haven't give up yet apparently, I saw a group of then talking about not trusting CJ about Izone coming back but the people who started the crowdfunding like lol, they are asking to be scammed atp, no one should be so dumb to not let go their faves like this

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Why was I negged for my donation suggestions? 🤔🤷‍♀️ Look, I know that such things will not be donated to but I'm still free to say that maybe they should be. Especially, when it comes to stopping molka as it targets women (and therefore girl groups).😪 Is trying to stop molka a bad thing? Is suggesting good places to donate a bad thing?🤔 If I sound offended it's because I am. Such a large sum of money raised shouldn't be wasted, it should be donated to good causes that help society. I'll probably get negged for this post too but welp.😪

Edited by jello-kitty88
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10 minutes ago, jello-kitty88 said:

Why was I negged for my donation suggestions? 🤔🤷‍♀️ Look, I know that such things will not be donated to but I'm still free to say that maybe they should be. Especially, when it comes to stopping molka as it targets women (and therefore girl groups).😪 Is trying to stop molka a bad thing? Is suggesting good places to donate a bad thing?🤔 If I sound offended it's because I am. Such a large sum of money raised shouldn't be wasted, it should be donated to good causes that help society. I'll probably get negged for this post too but welp.😪

I got negged also! Seems like a fan is upset with us. Like child these are our opinions. 

 

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22 minutes ago, rananicolee said:

I got negged also! Seems like a fan is upset with us. Like child these are our opinions. 

 

hey i got negged too! these fans need to chill. i also really love iz*one but i learned to move on once their contract ended. i never agreed to this fundraising thing lol.

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5 minutes ago, G-me said:

hey i got negged too! these fans need to chill. i also really love iz*one but i learned to move on once their contract ended. i never agreed to this fundraising thing lol.

I don't mind the sane fans of any group. I don't know why people are so upset at us. 

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They can do whatever they want with the money but pleaaase give up already...members like Hyewon and Hitomi who barely got any spotlight in Iz*one are doing amazing on their own. Hitomi was chosen for the next AKB single and has high chances to be CENTER and Hyewon just released her first photobook and has been shooting for magazines.  

Idols are not toys for your enjoyment. 

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1 hour ago, Quinn the Brain said:

Buy vaccines! Doesn't Korea still can't vaccinate people under 50?

i can't  believe a country like South Korea is so behind in that. I thought only governments were allowed to buy c19 vaccines??

Idk english so i can be wrong

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1 hour ago, Nerea869 said:

i can't  believe a country like South Korea is so behind in that. I thought only governments were allowed to buy c19 vaccines??

Idk english so i can be wrong

oh, you're right, my bad.

Right? I couldn't believe it either.

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