Thursday, November 4, 2021

[theqoo] 'BTS' COMPANY' HYBE, ENTERS IN THE NFT BUSINESS

HYBE, the agency of BTS, has officially entered the non-fungible token (NFT) business. It is a method of acquiring 860,004 shares of Dunamu, the operator of Upbit, a cryptocurrency exchange worth 500 billion won by issuing convertible bonds (CBs) worth 400 billion won.

HYBE announced that it had made this decision to establish a long-term partnership with Dunamu and jointly promote NFT projects. With this entry into the NFT business, HYBE is expected to create digital assets such as goods by linking its representative artists such as BTS with the NFT and earn profits through this.

HYBE plans to announce the details at the ‘HYEBE Company Briefing with the Community’ held on the official YouTube channel of HYBE Labels at 10 am.

Starts at ~25:24
"The type of NFT that HYBE was explaining

*Ex) Your current tangible photocard => digital photocard
 Fans will be able to get assigned an authentication number on their photocards from Weverse. It doesn't apply only to pictures but they can also combine music or videos."

original post: here

1. F*ck, this company just makes me more and more annoyed. Why do I have to live in stress while fangirling? Just stick to the basics...

2. Why?... increase the quality of your Weverse goods instead

3. Do your work properly instead, f*ck

4. Just let go of Bangtan already. Bangtan, let's not renew. I wish you good luck with new girl group boy groups selected through auditions.

5. Aigoo...

6. They can't even do things properly... digital photocards..?

7. I don't know what this is but I hope they do their work better

8. Treat Bangtan better

9. It will be a matter of time for NFTs. Eventually, all the entertainers will jump in...Just wait and see. Honestly, I think that going into web novels and games are useless but the earlier you go in, the more advantageous

10. Sigh... just do it on your own and stop using your artists. Seriously, they are so f*cked that hating on them will just be a waste of time

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