Bitcoin News Post
No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
LIVE PRICES
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
No Result
View All Result
Bitcoin News Post
No Result
View All Result

KFC Korea and TriumphX marketplace sign deal to develop NFT content

by BNP
July 23, 2021
in Crypto News
0
Share on FacebookShare on Twitter



Leisure and nonfungible token market TriumphX has signed a memorandum of understanding (MOU) with fast-food big KFC in South Korea.

The settlement will give attention to joint blockchain analysis with the purpose of integrating NFT applied sciences and enhancing the branding of the fried rooster outlet.

In accordance with experiences in native media, KFC Korea plans to introduce blockchain and NFT expertise to its branding content material. The fast-food franchise intends to subject NFTs to its clients comprising completely different digital codecs together with video, artwork and graphics, and metaverse collectibles.

TriumphX’s NFT issuance know-how can be leveraged to create and promote KFC-themed NFTs to a buyer base that’s already accustomed to the Kentucky Fried Hen model.

Fried rooster and KFC is standard in South Korea with greater than 210 shops nationwide. In accordance with a 2019 SCMP report, there have been extra fried rooster eating places within the nation than there have been McDonald’s and Subway eating places worldwide.

The cross-chain TriumphX has partnered with various native artists and leisure firms just lately together with decentralized leisure market XPOP, photographer Kim Jung Man, and cartoonist Rosa Fantasy.

Associated: KFC Launches Blockchain Pilot for Digital Promoting and Media Shopping for

NFTs have exploded in recognition in 2021 leading to $2.5 billion in nonfungible token gross sales within the first six months of this 12 months. It is a enormous improve over the $13.7 million in gross sales for a similar interval in 2020.

Korea has not missed out on the NFT craze this 12 months. In accordance with a Korea Occasions report on July 23, copies of a priceless manuscript detailing the origins and workings of the Korean writing system can be offered as restricted version NFTs. The burgeoning Okay-pop business can also be seeking to faucet into nonfungibles to advertise artists to adoring followers.

Regardless of the demand for NFTs and crypto in Korea, there was a rise in regulation of the digital asset business this 12 months as monetary watchdogs come down laborious on unregulated exchanges and marketplaces.

As reported by Cointelegraph yesterday, the federal government acknowledged that crypto exchanges will face punishment in the event that they haven’t voluntarily registered with the nation’s authorities by September 24.



Source link

ShareTweetPin

Related Posts

Visa’s crypto strategy targets stablecoin settlements

by BNP
February 5, 2023
0

Cost firm Visa is looking for to construct a "muscle reminiscence" to settlements, aiming to permit prospects to transform digital...

Baby Doge Coin Makes A Surprising 116% Leap

by BNP
February 6, 2023
0

The cryptocurrency market is on its strategy to probably rocky terrain this “love month,” however January will linger a cheerful...

StarkWare to Open Source Its Ethereum Scaling System

by BNP
February 5, 2023
0

“Each step we take to offer infrastructure, and to make it accessible and decentralized, is a catalyst for devs to...

Bank of England and UK Treasury Supports ‘Digital Pound’ Project, Says UK is Likely To Need CBDC

by BNP
February 5, 2023
0

The Financial institution of England (BoE) and UK Treasury are set to again the event of the British central financial...

Google invests $300M in AI firm previously funded by Sam Bankman-Fried

by BNP
February 5, 2023
0

Google Cloud has reportedly invested $300 million into synthetic intelligence (AI) startup agency Anthropic, which additionally occurred to obtain over...

How to protect against crime in the metaverse

by BNP
February 4, 2023
0

By benefiting from flaws in digital techniques and person habits, akin to malware infections, phishing scams and unlawful entry to...

Load More
Next Post

Cartesi Rollups Rollout — Transaction Manager in Rust : ethereum

Bitcoin News Post

Get the latest Bitcoin news & Cryptocurrency updates from the world's top trusted sources.

  • Home
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © Bitcoin News Post.

No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation

Copyright © Bitcoin News Post.

  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • RelevantRelevant(REL)$0.791.67%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183584-4.85%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%