SEOUL, KOREA, April 03, 2023 (GLOBE NEWSWIRE) — Amid circumstances where the blockchain field is gaining international recognition, KOONG, Korea’s first NFT direct transaction platform, is making strides in the global market this year.
KOONG is a global platform that protects the creator’s music safely and communicates its value to global users like NFT. It is based on blockchain technology that can track all information from the registration to the resale process. Since it respects the values of all creators’ works more than the conventional music market, users can freely register and sell any audio source files they have created without using standardized frameworks or going through complex procedures.
Each processing step is safe as its counterfeiting and falsification is prevented by the company’s patents based on blockchain technologies. Furthermore, anyone can check all the contents of KOONG transparently via the company’s official website.
Taewon Kim, a director of Koong World who is at the center of ‘KOONG’s progress into the global market’, has emphasized that the company’s greatest asset is not only its technology, but also its ‘human resources’.
“KOONG has many talents who have participated in sympathy with passion and dreams for the blockchain industry and to create the future of KOONG together. To tell you why I chose the word ‘passion’, I had put everything into obtaining an NFT patent when the people at KOONG thought it would be impossible, based on clear visions of the blockchain and NFT’s future. Fortunately, the colleagues I work with at KOONG had helped me by doing their best after seeing my passion and as a result, able to acquire several different patents.”
Based on these assets, KOONG plans to take its first step into the global music and blockchain markets through its official launch and global promotion this year. It plans to acquire additional patents from abroad based on other patents the company possesses, and will gear up in advancement to the global market and development of innovative technologies together with experts who have abundant experiences and expertise in blockchain.
Director Taewon Kim confidently states that KOONG will be in the midst of rapid change in the industry in this era where WEB 3.0 is initiated based on blockchain technologies and AI, VR, AR and Metaverse are converged by the development of infrastructure.
He added, “Vasana” is a Buddhist term which means that all behavior that parents show to their children will remain in their hearts as lessons, just as the fragrance of incense remains on clothes. Following my parents’ words that I should not blame others for their poor work, I have spent my efforts to engrave a sense of responsibility, passion and challenging spirit in the hearts of my colleagues, partners and children. I hope this effort will be delivered to people all over the world who use KOONG’s platform. Furthermore, I plan to continuously challenge to make the other fields, which have not received recognition, see the light through the technologies of KOONG.”
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SOURCE: Koong World Inc.
