{"id":57329,"date":"2022-02-08T10:24:51","date_gmt":"2022-02-08T08:24:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57329"},"modified":"2025-09-04T11:10:52","modified_gmt":"2025-09-04T08:10:52","slug":"binance-to-assist-south-koreas-yg-entertainment-in-nft-development-and-the-metaverse","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-to-assist-south-koreas-yg-entertainment-in-nft-development-and-the-metaverse\/","title":{"rendered":"Binance to assist South Korea&#8217;s YG Entertainment in NFT development and the metaverse"},"content":{"rendered":"<p>The cryptocurrency exchange Binance and the South Korean entertainment agency YG Entertainment have agreed to collaborate in NFT-related activities and the creation of a metaverse. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">YG and Binance have teamed up. Advance into NFT business<\/p>\n<p>Binance provides the platform and technology infrastructure, and YG will provide content. <a href=\"https:\/\/t.co\/3WLTO8Og3r\">pic.twitter.com\/3WLTO8Og3r<\/a><\/p>\n<p>\u2014 YG ARTISTS GLOBAL (@YGA_GLOBAL) <a href=\"https:\/\/twitter.com\/YGA_GLOBAL\/status\/1490880038765744129?ref_src=twsrc%5Etfw\">February 8, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Binance will provide the technological infrastructure and platform for issuing non-fungible tokens, while its partner will supply content and gaming assets. The companies intend to collaborate on developing games on the Binance Smart Chain and to build a user-friendly ecosystem. <\/p>\n<p>YG owns copyrights, operates as a record label, and organises events featuring many K-pop stars, including Big Bang, Blackpink, Winner, iKON, AKMU and Treasure.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>A partnership with Binance will create additional business opportunities. We also expect to further strengthen the bond between fans and artists<\/em>, \u2014 said Bo Gen Hwan, CEO of YG Entertainment.<\/p>\n<\/blockquote>\n<p>In November, the blockchain-game provider Animoca Brands and the record label and production hub Cube Entertainment <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-to-build-a-k-pop-focused-metaverse-with-cube-entertainment\">agreed<\/a> to create a metaverse oriented around the K-pop music genre.<\/p>\n<p> Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>! <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Binance and the South Korean entertainment agency YG Entertainment have agreed to collaborate in NFT-related activities and the creation of a metaverse.<\/p>\n","protected":false},"author":1,"featured_media":57330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1331,1353,1213,1361],"class_list":["post-57329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-culture-and-art","tag-metaverses","tag-nft","tag-virtual-world-innovations"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=57329"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57329\/revisions"}],"predecessor-version":[{"id":57331,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57329\/revisions\/57331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/57330"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=57329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=57329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=57329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}