{"id":15782,"date":"2021-11-05T04:52:38","date_gmt":"2021-11-05T11:52:38","guid":{"rendered":"https:\/\/www.musicmundial.com\/en\/?p=15782"},"modified":"2023-04-11T10:21:22","modified_gmt":"2023-04-11T17:21:22","slug":"bts-joins-the-world-of-the-nft-market-and-cryptocurrencies-with-upbit","status":"publish","type":"post","link":"https:\/\/www.musicmundial.com\/en\/bts-joins-the-world-of-the-nft-market-and-cryptocurrencies-with-upbit\/","title":{"rendered":"BTS joins the world of the NFT market and cryptocurrencies with Upbit"},"content":{"rendered":"<p><strong>Hybe,<\/strong> the <strong>Korean<\/strong> agency behind <strong>kpop<\/strong> super group <strong>BTS,<\/strong> announced their partnership with a Korean <strong>cryptocurrency<\/strong> exchange company Upbit to enter the non-fungible token <strong>(NFT)<\/strong> market.<\/p>\n<p>The agency that runs the BTS group will buy a 2.<\/p>\n<p>5% stake in Dunamu, the fintech blockchain startup managed by Upbit, for US $ 423.1 million. Similarly, Dunamu will acquire Hybe shares with a 5. () 6 percent stake.<\/p>\n<p>Managers will create NFT photos that will be marketed on Hybe&#8217;s Weverse artist-fan communication app.<\/p>\n<p>BTS&#8217; NFTs will include moving images, artist voices, and more, Hybe CEO <strong>Si-Hyuk Bang<\/strong> and Dunamu President Chi-Hyung Song explained in a joint statement. Additionally, fans around the world will be able to exchange their digital photo cards in virtual spaces, Song said.<\/p>\n<p>South Korea&#8217;s K-pop greats are preparing to hit the NFT business strong and expand their revenue potential by turning their existing IP into digital assets.<\/p>\n<p><\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hybe, the Korean agency behind kpop super group BTS, announced their partnership with a Korean cryptocurrency exchange company Upbit to enter the non-fungible token (NFT) market. The agency that runs the BTS group will buy a 2. 5% stake in Dunamu, the fintech blockchain startup managed by Upbit, for US $ 423.1 million. Similarly, Dunamu [&hellip;]<\/p>\n","protected":false},"author":2988,"featured_media":15784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[49,1414],"class_list":{"0":"post-15782","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-kpop","8":"tag-bts","9":"tag-hybe"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/posts\/15782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/users\/2988"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/comments?post=15782"}],"version-history":[{"count":0,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/posts\/15782\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/media\/15784"}],"wp:attachment":[{"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/media?parent=15782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/categories?post=15782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicmundial.com\/en\/wp-json\/wp\/v2\/tags?post=15782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}