Korean NFT’s HY NFT Seoul on a mission to connect blockchain industry leaders with the Korean market

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In August, numerous blockchain occasions comparable to Korean Blockchain Week, Buidl Asia 2022, and Eth Seoul shall be held in South Korea. Leaders of the blockchain trade, together with Ethereum, Polygon and Solana, will go to South Korea to take part in these occasions. However why do key blockchain firms have their eye on South Korea at a time when Web3 is choosing up steam?

Wonderful Web3 infrastructure

The South Korean market has been growing its IT infrastructure constantly because the 2000s. Because the fastest-growing market in Asia, South Korea creates video games comparable to Battlegrounds, The Legend of Mir, Summoners Warfare, and world, trend-setting tasks comparable to Icon and Line. Abroad protocols have acknowledged this infrastructure and now maintain giant conferences and hackathons in South Korea to construct tasks and provide builders.

World curiosity in South Korean content material

South Korea is a content material powerhouse. It had been a very long time since South-Korean-made content material took the lead within the world market, particularly within the Asian market. Nevertheless, the wave of prevalence and world demand for South Korean content material — or Hallyu — has been taking maintain over the previous 20 years as numerous kinds of content material comparable to Okay-pop, Korean movie and drama sequence are launched to the world market. At the moment, that wave is increasing into video games, new media, and esports to create a worldview, whereas world content material firms comparable to Netflix are growing methods for coming into the South Korean market by partnering with home operators to safe Okay-content. Whereas the significance of Korean content material is rising within the blockchain market, funding and curiosity in securing content material are increasing as worldwide competitors intensifies.

Korean NFT

Korean NFT introduces home and overseas NFT artists and tasks, offering instructional onboarding that allows Korean content material to stably settle into the Web3 market, numerous NFT group occasions and schooling, artwork curations and challenge manufacturing, and consulting and options for NFT tasks. A few of Korean NFT’s initiatives are: 

Samsung 837X NFT Instances Sq. billboard in New York Metropolis — a collaboration challenge with Korean NFT artist So Youn Lee with Samsung 837X and Nouns DAO to brighten the principle billboard in Instances Sq. throughout NFT NYC.
An NFT NYC 2022 panel speak — a dialogue about artwork and group, with Korean NFT taking part because the closing speaker of the complete NFT NYC occasion.
The Rarible X Korean NFT Worldwide Girls’s Day curated drop and exhibition on
Crypto.com titled “Peacheeze” and in collaboration with artist Fried Friday, which bought out at launch.
Punkism Paris exhibition with IHAM gallery and Museum of Crypto Artwork.
Oasis NFT Exhibition — Korea’s first VR Metaverse NFT exhibition with 88 artists. This occasion sparked a leap in VR expertise, with extra exhibitions utilizing the Metaverse house following.
COEX Exhibition — an occasion informing the general public about NFT expertise via a collaboration contest with Xeno NFT.

Donglee Han, CEO of Korean NFT, stated, “In communication with giant protocols within the blockchain trade, I felt the necessity for networking occasions to make a degree of contact with Korea. I made a decision to arrange a networking occasion to convey collectively completely different communities and types around the globe.”

HY NFT Seoul

The NFT networking occasion HY NFT Seoul will convey home and worldwide protocols, blockchain officers, group members, artists, collectors and influencers taking part in blockchain occasions held in South Korea. Companions embody Polygon, Cointelegraph, SBI NFT, Lambda 256, all of which work collectively to assist the group and tradition in South Korea’s flourishing Web3 market. HY NFT is a networking model of Korean NFT, first launched at NFT NYC in New York Metropolis, which conducts energetic networking between abroad protocols and home and overseas writers and corporations. HY NFT Seoul shall be held at Samantha 535-8 Sinsa-dong, Gangnam-gu, Seoul on Aug. 6, 2022, the place networking periods, occasion introduction and NFT artwork exhibitions shall be held. Many firms main the NFT market with Korean NFT are anticipated to take part.

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