NFT
Singapore-based cryptocurrency alternate Crypto.com has partnered with Korean drama distributor Studio Dragon to difficulty non-fungible tokens (NFTs) impressed by well-liked Korean drama sequence, together with the hit Crash Touchdown on You, the alternate mentioned on Monday.
See associated article: Netflix Okay-drama hit Extraordinary Legal professional Woo to launch NFT mission with Polygon
Quick details
- The pair on Feb. 8 plan to launch the primary batch of NFTs of particular editions of Studio Dragon’s artwork toy DearRo based mostly on two well-liked Korean drama sequence Crash Touchdown on You and Begin-Up.
- KOSDAQ-listed Studio Dragon, a Okay-drama manufacturing and distribution firm below Korean leisure large CJ ENM, mentioned within the assertion that it’ll showcase NFTs that introduce new Korean dramas each quarter.
- Crypto.com has been searching for enterprise alternatives within the leisure trade, and in August partnered with Korean leisure company Fantagio to pursue NFT tasks.
- Main Korean music labels — together with HYBE, which manages Okay-pop sensation BTS, together with SM, YG and JYP and Dice — have all introduced plans to make forays into NFTs and the metaverse.
- In November, HYBE’s Okay-pop boy band SEVENTEEN built-in a metaverse expertise as a part of its Asia live performance tour in Japan. The corporate additionally launched in October NFT platform MOMENTICA in partnership with Korean blockchain agency Dunamu.
See associated article: NFTs and the music trade: Okay-pop’s new token financial system