Crypto.com, K-pop agency Fantagio enter joint NFT venture

South Korean leisure company Fantagio introduced Wednesday a memorandum of understanding (MOU) with digital asset platform Crypto.com to pursue non-fungible token (NFT) tasks, in keeping with native stories.

See associated article: Dunamu’s NFT enterprise with BTS’s HYBE to launch providers later this yr

Quick info

• KOSDAQ-listed Fantagio manages Okay-pop idol teams akin to ASTRO and Weki Meki, in addition to South Korean actors together with Cha Eun-woo and Ong Seong-woo.

• Fantagio’s announcement provides to a rising listing of Okay-pop companies partnering with digital asset firms for increasing companies into the Net 3.0 house. 

• Okay-pop megagroup BTS’s company HYBE is working with Dunamu, operator of Upbit trade, to launch an NFT three way partnership later this yr. 

• Crypto.com operates a worldwide digital asset trade with round US$397 million price of transactions within the final 24 hours on the time of publication, in keeping with CoinMarketCap. 

• The digital asset platform has quite a few partnerships with sports activities and leisure properties, together with the Aston Martin F1 Staff, UFC, Snoop Dogg and Boy George.

See associated article: Okay-pop logs in to the metaverse strung by idols’ vagaries, incapability to tour