The world’s largest crypto exchange Binance, YG Entertainment Inc., one of South Korea’s leading multinational entertainment companies. announced that it has formed a strategic partnership with (YG).
Binance by February 8 According to the official statement made on in the NFT field and in a number of blockchain projects will cooperate. As part of the Binance partnership NFT platform and technology infrastructure while providing YG if NFT content and game assets will supply.
Binance and YGin cooperation with NFT in the field of Creating NFTs in an environmentally friendly way In the statement, in which it was stated that they would focus on Binance Smart Chain (BSC) based games development and creating a metaverse was given room to work on.
YG Chief Executive Officer and CEO Bo Kyung Hwang;
As a Kpop leader, we plan to build an innovative and environmentally friendly NFT ecosystem. Our collaboration with Binance has enabled us to secure copyrights and business opportunities for rare and valuable content. We also hope that this can further strengthen the bond between fans and artists.
made statements.
Global Head of Binance NFT, who said that YG is one of the world’s best-known global entertainment companies and that the partnership will ensure that both companies will strive to develop their leadership in their respective fields. Helen Hai if;
Now that the two companies have joined forces, we can expect to see a strong collaborative relationship established. We hope this will support the development of the global blockchain ecosystem and drive mainstream adoption of new assets like NFTs to a new user base.
made statements.
Stating that Binance will also work closely with YG to create an environmentally friendly ecosystem, Helen stated that they believe it is important to promote the use of sustainable blockchain platforms.