NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

K-Pop & NFTs: A New Binance Deal Shakes Up Audio On The Blockchain

sol
sol
3 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

A new partnership has emerged in the NFT world between global crypto exchange Binance and South Korean entertainment company YG.

Let’s dive into both properties, and how they are striving for a more eco-friendly and sustainable framework for the future non-fungible token (NFT) collaborations.

      Related Reading TA: Ethereum Holds Strong At $2.5K: Indicators Show Fresh Increase

A Look At The Binance & YG K-pop Partnership

In this new partnership, Binance will provide the executional assets around the NFT platform and surrounding technological infrastructure, while YG will supply NFT content and gaming assets. The two companies said that creating eco-friendly NFTs will be one of the primary focal points for future collaborations, with a goal of bringing K-pop stars to the metaverse.

This week’s announcement states that the memorandum of understanding (MoU) will reportedly give Binance access to develop digital assets based on the intellectual property associated with these artists.

BNB:The Binance chart can be found on Tradingview.com. | BNB:USDtradingview.com

In a statement to the press, global head of Binance NFT Helen Hai said that the platform will be working “closely with YG to create an eco-friendly ecosystem for NFTs.” She added that the company believes “that it is important to promote the use of sustainable blockchain platforms.”

YG CEO Bo Kyung Hwang shared Hai’s sentiment, adding that the companies hope to “steadily build an innovative and eco-friendly NFT ecosystem.”

K-pop Meets NFT: Round 2

K-pop, short for Korean pop music, represents a large chunk of money in the Korean entertainment industry; roughly $4B is generated from this genre alone each year, making it one of the biggest in the world. YG manages a number of notable K-pop stars, including Blackpink, Big Bang and Winner.

This isn’t the first time k-pop and NFT’s have met up; back in November of last year, Hybe, a Korea-based entertainment label, partnered with the largest cryptocurrency operator in South Korea, K, which hosts the popular cryptocurrency exchange Upbit. The two properties launched a joint venture that focused on creating and marketing NFTs, tied to Hybe’s roster of artists. Animoca Brands, a growing player in the NFT and play-to-earn space, also announced it would partner with Korean record label Cube Entertainment to build a “k-pop metaverse.”

YG has its hands full with some of k-pop’s biggest stars, so this won’t be hard for the fans to find nor follow, as k-pop has some of the most die hard fans. It’s only a matter of time before both worlds collide, and the k-pop industry taps into the new NFT gold rush.

While some k-pop integrations have had luke-warm reception, it’s hardcore and loyal audience seems ripe for NFT adoption if audio-based NFTs and music-first metaverse plays are truly hear to stay. Only time will tell if this latest deal will have staying power in the market.

Related Reading Why Bitcoin Could Hit $90K By The End Of 2022, According To This Prediction

 

Tweet123Share196ShareSend
sol
sol

sol

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline

The Dogecoin price may be setting up for a significant rally as a technical analyst identifies a bullish breakout above...

Scott Matherson 2 hours ago

Bitcoin Needs $140K To Match Peak Profits, On-Chain Data Shows

Long‑term holders of Bitcoin may need to see a fresh high around $140,000 before they enjoy the same kind of...

Christian Encila 4 hours ago
Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum

Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum

Ethereum has regained strong bullish momentum over the past few days, rising more than 23% since June 22 and reclaiming...

Sebastian Villafuerte 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

Ash Tiwari 31 minutes ago
Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level

Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level

Sebastian Villafuerte 1 hour ago
Bitunix bonus krypto giełda promocja USDT

Nowa promocja Bitunix. Bonus w wysokości 2410 USDT na start

News BTC 1 hour ago

Premium Sponsors

Press Releases

  • Top kryptoměna ke koupi dříve, než vzroste o 2 200 %, podle Cathie Wood

    Top kryptoměna ke koupi dříve, než vzroste o 2 200 %...

    4 hours ago
  • The smartest way to make money in 2025: Invest in cloud...

    11 hours ago
  • Od Bitcoinu k BTC Bull: Kde leží skutečný potenciál?

    ...

    11 hours ago
  • Bitcoin vs. Gold: Which Is the Best Investment In 2025?

    11 hours ago
  • Profit of $5,735, senior trader uses Ripple (XRP) to open...

    11 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.