On Wednesday, South Korean internet giant Naver Corp. launched its NOW.Drops non-fungible token (NFT) platform alongside LINE NEXT. The site will allow K-pop music enthusiasts to construct personalized NFTs.

NOW.Drops allows fans to create NFTs of their favorite musical performances by cropping them out of exclusive content on NOW., Naver’s live audio and video streaming service featuring South Korean musicians.

Users must pay “crystals” in order to mint and store specific clips of their favorite acts, which can also be used to purchase other NFTs on the site.

NOW.Drops may be accessible using LINE’s e-wallet DOSI, which users can log into using their social network profiles to make payments.

K-pop girl group NMIXX staged an exclusive comeback showcase on NOW during the launch, as well as an NFT airdrop event on the newly launched platform.

LINE NEXT is the NFT division of LINE Corporation, a Tokyo-based mobile app company owned by Naver and the Softbank Group.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

NFTs News

South Korean Internet Giant Naver Launched NFT Platform

On Wednesday, South Korean internet giant Naver Corp. launched its NOW.Drops non-fungible token (NFT) platform alongside LINE NEXT. The site will allow K-pop music enthusiasts to construct personalized NFTs.

NOW.Drops allows fans to create NFTs of their favorite musical performances by cropping them out of exclusive content on NOW., Naver’s live audio and video streaming service featuring South Korean musicians.

Users must pay “crystals” in order to mint and store specific clips of their favorite acts, which can also be used to purchase other NFTs on the site.

NOW.Drops may be accessible using LINE’s e-wallet DOSI, which users can log into using their social network profiles to make payments.

K-pop girl group NMIXX staged an exclusive comeback showcase on NOW during the launch, as well as an NFT airdrop event on the newly launched platform.

LINE NEXT is the NFT division of LINE Corporation, a Tokyo-based mobile app company owned by Naver and the Softbank Group.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

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