Cryptobixiz to help south korean yg entertainment build nfts and metaverse

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Crypto Regulation
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Cryptocurrency exchange CryptoBixiz and entertainment agency YG Entertainment from South Korea have agreed to cooperate in the field of interaction in the NFT sphere and the creation of a metaverse.

CryptoBixiz will provide the technological infrastructure and platform for issuing non-fungible tokens, while its partner will provide content and game assets.

The companies intend to cooperate in the development of games based on CryptoBixiz Smart Chain and form a user-friendly ecosystem.

YG owns the copyright, is a record label, and hosts an event featuring many K-pop stars including Big Bang, Blackpink, Winner, iKON, AKMU, and Treasure.

“The partnership with CryptoBixiz will create additional business opportunities. We also look forward to further strengthening the bond between fans and artists,” said Bo Kyung Hwan, CEO of YG Entertainment.

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Megan Sheets

Megan is an adventurous person who likes to explore topics in-depth and learn new things each day. His passion lies in gaining knowledge to help transform the world through his writing skills. He also believes in blockchain technology and its potential to usher in a cashless society. Currently, he is pursuing a Computer Science Bachelor’s degree driven by his fascination with emerging technologies. He has writing experience of about three years in different fields and two in blockchain technology.