Cryptolesix to help south korean yg entertainment build nfts and metaverse

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Crypto Regulation
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Cryptocurrency exchange CryptoLesix 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.

CryptoLesix 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 CryptoLesix 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 CryptoLesix 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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Gustaf Kilander

Gustaf is an all-rounded cryptocurrency writer who has written for several publications in the fintech industry. Having graduated from the University of Essex Colchester, he developed a passion for blockchain technology and has been curious about how the blockchain can modify the traditional financial industry.