Korean NFTs HY NFT Seoul on a mission to connect blockchain industry leaders with the Korean market

by James · August 5, 2022

In August, various blockchain events such as Korean Blockchain Week, Buidl Asia 2022 and Eth Seoul will be held in South Korea. Leaders of the blockchain industry, including Ethereum, Polygon and Solana, will visit South Korea to participate in these events. But why are major blockchain companies eyeing South Korea at a time when Web3 is taking off?

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Excellent Web3 infrastructure

The South Korean market has developed its IT infrastructure continuously since the 2000s. As the fastest growing market in Asia, South Korea creates games such as Battlegrounds, The Legend of Mir, Summoners War and global trend-setting projects such as Icon and Line. Overseas protocols have recognized this infrastructure and now hold large conferences and hackathons in South Korea to build projects and supply developers.

Global interest in South Korean content

South Korea is a content powerhouse. It has been a long time since South Korean-made content took the lead in the global market, especially in the Asian market. However, the wave of diffusion and global demand for South Korean content – or Hallyu – has taken hold over the past 20 years as various types of content such as K-pop, Korean movies and drama series have been introduced to the world market. Currently, that wave is expanding into games, new media and e-sports to create a world view, while global content companies such as Netflix are developing strategies to enter the South Korean market by partnering with domestic operators to secure K content. While the importance of Korean content is emerging in the blockchain market, investment and interest in securing content is increasing as international competition intensifies.

Korean NFT

Korean NFT introduces domestic and foreign NFT artists and projects, providing educational onboarding that enables Korean content to stabilize in the Web3 market, various NFT community events and education, art curation and project production, and consulting and solutions for NFT projects. Some of the Korean NFT’s initiatives are:

Samsung 837X NFT Times Square Billboard in New York City — a collaborative project with Korean NFT artist So Youn Lee with Samsung 837X and Substantive DAO to decorate the main Times Square billboard during NFT NYC.
An NFT NYC 2022 panel discussion – a discussion on art and community, with Korean NFT participating as the closing speaker for the entire NFT NYC event.
The Rarible X Korean NFT International Women’s Day curated drop and exhibition at
Crypto.com titled “Peacheeze” and in collaboration with artist Fried Friday, which sold out at launch.
Punkism Paris exhibition with the IHAM gallery and the Museum of Crypto Art.
Oasis NFT Exhibition — Korea’s first VR Metaverse NFT exhibition featuring 88 artists. This event sparked a leap in VR technology, with several exhibitions using the Metaverse space following.
COEX Exhibition – an event that informs the public about NFT technology through a collaborative competition with Xeno NFT.

Donglee Han, CEO of Korean NFT, said: “In communicating with major protocols in the blockchain industry, I felt the need for networking events to make a point of contact with Korea. I decided to organize a networking event to bring together various communities and brands around the world.”

HY NFT Seoul

NFT networking event HY NFT Seoul will bring national and international protocols, blockchain officials, community members, artists, collectors and influencers participating in blockchain events held in South Korea. Partners include Polygon, Cointelegraph, SBI NFT, Lambda 256, all working together to support the community and culture of South Korea’s thriving Web3 market. HY NFT is a networking brand of Korean NFT, first introduced at NFT NYC in New York City, which actively networks between foreign protocols and domestic and foreign authors and companies. HY NFT Seoul will be held at Samantha 535-8 Sinsa-dong, Gangnam-gu, Seoul on August 6, 2022, where networking gatherings, event introductions and NFT art exhibitions will be held. Many companies leading the NFT market with Korean NFT are expected to participate.