Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan to develop games that are compatible with the Binance Smart Chain (BSC).
NFTs, Games, and Metaverse Collaborations
Cryptocurrency exchange Binance and YG Entertainment Inc., a South Korean entertainment corporation, recently announced they will cooperate on various blockchain projects and will also collaborate in the NFT space.
Under the terms of the agreement, Binance will provide the NFT platform while YG Entertainment is expected to provide the content and the gaming assets. In addition, a statement released by Binance said the two entities are also planning to develop games that are compatible with the Binance Smart Chain (BSC). They also plan to collaborate on building the metaverse, the statement said.
Blockchain Adoption
In remarks following the signing of a memorandum of understanding (MOU), executives from Binance and YG Entertainment praised the partnership.
“As a Kpop leader, we plan to steadily build an innovative and eco-friendly NFT ecosystem. Collaboration with Binance has provided an opportunity for YG to secure royalties and business opportunities for rare and valuable content. We also hope that it could further strengthen the bond between fans and artists,” explained Bo Kyung Hwang, CEO at YG Entertainment.
In her own remarks, Helen Hai, Global Head of Binance NFT, lauded the importance of the partnership. Hai said:
“Now that the two companies have joined forces, we can expect to see a strong cooperative relationship being forged. We hope that this will support the development of the global blockchain ecosystem, and bring further mainstream adoption of new assets, such as NFTs, to a new user base.”
What are your thoughts on this story? Tell us what you think in the comments section below.
Check live crypto rates here
Start trading today – See our list of exchanges
Hi, i think that i noticed you visited my weblog so i got here to go
back the choose?.I’m attempting to find issues to improve my website!I assume its ok to
make use of some of your ideas!!
I am really grateful to the holder of this web site who has shared this impressive piece of writing at here.
I’m extremely impressed with your writing skills and also with the layout on your weblog. Is this a paid theme or did you modify it yourself? Anyway keep up the nice quality writing, it’s rare to see a nice blog like this one nowadays..
Because the admin of this site is working, no hesitation very shortly it
will be renowned, due to its feature contents.
But wanna comment on few general things, The website design and style is perfect, the written content is rattling wonderful. “The stars are constantly shining, but often we do not see them until the dark hours.” by Earl Riney.
Great weblog here! Additionally your site quite a
bit up fast! What host are you using? Can I get
your affiliate hyperlink on your host? I want my site loaded up as
quickly as yours lol
We are a gaggle of volunteers and starting a new scheme in our community.
Your site offered us with helpful information to work on. You’ve performed an impressive
task and our whole community might be grateful to you.
Have you ever thought about including a little bit more than just your articles?
I mean, what you say is fundamental and all. Nevertheless just imagine if you added some great photos or video clips to give your posts more, “pop”!
Your content is excellent but with pics and videos, this website could undeniably be
one of the greatest in its field. Wonderful blog!
Your method of describing everything in this piece of writing
is truly nice, all can simply know it, Thanks a
lot.
This post is truly a nice one it helps new internet users, who
are wishing for blogging.
Excellent post. I was checking constantly this blog and I’m inspired!
Very useful information specifically the last phase 🙂 I deal with such information a lot.
I was seeking this certain information for a very lengthy time.
Thanks and good luck.
Hey There. I found your weblog the use of msn. That
is an extremely neatly written article. I will be sure to bookmark it and return to read extra
of your useful info. Thanks for the post. I will certainly return.
Magnificent site. Plenty of useful information here.
I am sending it to several buddies ans also sharing in delicious.
And naturally, thank you on your sweat!
Great post. I was checking continuously this blog and
I’m impressed! Extremely useful info particularly the last part 🙂 I care for such
info much. I was seeking this particular information for a long time.
Thank you and best of luck.
Hello to every body, it’s my first pay a visit of this blog; this website carries remarkable and in fact excellent material in favor of readers.
Can I just say what a aid to find someone who really is aware of what theyre talking about on the internet. You undoubtedly know the best way to deliver an issue to light and make it important. More individuals must read this and understand this side of the story. I cant believe youre not more common because you definitely have the gift.