The boy-band sensation from South Korea is planning to sell digital cards of its band members that can be collected or traded, similar. Con dinero, uno puede intercambiar un. Choose an NFT marketplace. A blockchain is a type of distributed database or ledger—one of today’s top tech trends —which means the power to update a blockchain is distributed between the. When someone buys an NFT. To get started, you'll first need to open a crypto wallet and then connect it to the NFT marketplace. NFT or a non-fungible token is a cryptographically-unique token stored on a distributed ledger technology (DLT) better known as the blockchain. An NFT, or non-fungible token, is a unique digital representation of a good — for our purposes, a work of art. Jinni left the group on December 9th, 2022. This would mean you can divide your digital image or physical car into different tokens and distribute it. These items are stored individually on the blockchain. In short, they are programmed to be more dynamic. The number of computers required to keep track of all the information for NFT transactions takes a substantial amount of energy. ” Fungible is an English word that means “being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind. At any given time, an NFT can only have one owner. It’s akin to a certificate of authenticity or a deed and it’s recorded on a. I. These Ultra HD displays are actually Samsung tech and have been developed with the South Korean company. Non-fungible tokens are also indivisible (i. That record lives on the Ethereum blockchain – an ongoing, impossible-to. With TripleS, they “plan to be the first K-pop group to combine the worlds of NFT and K-pop. But increasingly it has taken on a couple of more specific meanings depending on context. The sale of NFTs is a means of selling digital art without building an extensive social network. Toke tersebut bisa digunakan untuk koleksi digital, pemungutan suara, atau bentuk lain dari. The merge of K-Pop and blockchain technologies has ushered in a new era of fan engagement and revenue streams. Transactions are recorded in an account book called a ledger. ”. The seller can decide to choose a floor price. Each of these tokens is, in essence, a unit of data, but usually NFTs are associated with digital creative assets (image, audio file, video clip, etc. NFT's are already dying. They allow you to create, sell, and buy NFTs. But the highs of achieving comeback streaming goals and crying over an idol’s. Although there are other programmable blockchains that offer smart contracts, such as Wexchain, most NFT marketplaces are still hosted on Ethereum’s blockchain. Choose between creating a single digital copy of your NFT and creating multiple copies to sell the same item multiple times. Non-fungible tokens (NFTs) are cryptographically unique tokens that are linked to digital (and sometimes physical) content, providing proof of ownership. What was once confined mainly to South Korea and neighboring countries like Japan, K-Pop, a genre that mixes elements of Hip Hop, R&B, EDM, and other musical styles has left its home and is quick-becoming a major cultural influence around the world. It cannot be copied, substituted, or changed. Top Shot is a digital platform with its own trading cards that uses NFTs to track. The International Federation of the Phonographic Industry revealed in its global music report released in March that 2020 had been a “record-breaking year for K. ”The tokens give K-Pop fans and other investors a claim of real ownership in digital products related to RBW entertainers. One of the […]Non-fungible tokens (NFTs) are designed to be i) cryptographically verifiable, ii) unique or scarce and iii) easily transferable. Kpop companies are already very "capitalistic" (I'm misusing the term here, but you know what I mean) even without NFTs. To The World, This is NCT! Hello, we are NCT!(To The World, 여긴 NCT! 안녕하세요, 엔시티입니다!)NCT NCT (엔시티), short for "Neo Culture Technology", is a 26-member boy group under SM Entertainment. 52. Ether also works as a virtual currency and store of value. A portmanteau of “token” and “economics,” tokenomics is a catch-all for the elements that make a particular cryptocurrency valuable and interesting to investors. In web3, NFT and crypto projects use these to decide what. The letters NFT stand for Non-Fungible Token. They aim to be the world's first. So now it was just revealed today that the reason the whole HYBE NFT project failed is because RM asked HYBE to not include BTS and told them it was a bad idea. Free high resolution picture download. Definition: An idol or group of idols that excels in visuals, vocals, rap, and dance. C. French firm Sorare, which sells football trading cards in the form of NFTs, has raised $680m. “K-NFT is proud to work with A. NFTs have become the bridge between artists and fans, offering unprecedented opportunities for interaction and ownership. The project launched in April 2021. What we mean by this is that even if you pay $1 million for an original Beeple NFT, it doesn’t mean that you’ll be able to sell it for $1 million or more. Land typically sells for $10,000 within them. They aim to be the world's first decentralized K-pop idol group. NFT stands for Non-Fungible Token. " Nonfungible, meaning you can't exchange it for another. com Non-fungible tokens, or NFTs, are the latest piece of merchandise the dedicated K-pop fan can buy. And after Christie’s auction house sold the first-ever NFT artwork — a collage of images by digital. Anything can become an NFT—a piece of art, sports memorabilia, or even a tweet. A non-fungible token is a digital asset with a unique identity recorded in a database, often on a blockchain. Shop Meta Meaning Hoodies and Sweatshirts designed and sold by artists for men, women, and everyone. Eternity. Still, NFT is such a big deal at this point. By Ian Dean last updated 15 November 2022 Learn the NFT meanings behind NFT slang and NFT terms to get ahead. (b. 1 Music Channel MnetWatch the latest and hottest K-POP contents on Mnet K-POP ⓒCJ ENM. A K-pop slang cheat sheet for the newbie stan. NFT's are already dying. Non-Fungible Tokens, or NFTs, are digital tokens on a blockchain that each represent something unique, such as a digital piece of art, a special in-game item, rare trading card collectibles, or any other distinct digital/physical asset. Many physical assets are also non-fungible. Gary Vaynerchuk, an online marketer and a NFT mogul himself, recently predicted that 98% of NFTs would. On Thursday night, JYP’s K-pop audition show A2K introduced the world to VCHA, created from the A2K final lineup. Our major issue with them is that they're bad for the environment or something. CryptoPunk #2338 – $4. The sale of NFTs is a means of selling digital art without building an extensive social network. By contrast, physical money and cryptocurrencies are fungible, which means they can be traded or exchanged for one another. Currently, most NFTs are representations of real-world art, music, in-game items, and videos. But as with most emerging technologies, there are many competing platforms and approaches. e. Etymology. Overall, about 90 percent of all K-pop listeners live outside South Korea, according to K-Pop Radar, an industry tracker. If there’s one thing that has the potential to do the seemingly impossible and unite all of K-pop’s fandoms in 2021, it’s the industry embracing NFTs (“non-fungible tokens. They can cost a million dollars—and we’ve definitely seen these sky-high prices in the news—but there are also lots. So when it comes to doing the seemingly impossible and uniting all of K-Pop, the industry's embrace of. Minting an NFT, or non-fungible token, is publishing a unique digital asset on a blockchain so that it can be bought, sold, and traded. 3 million in March 2021. NFT stands for non-fungible token. With a majority of fandom spaces taking place online, it makes it that much harder to define fandom vocabulary. For example, if you have 100 Ethereum tokens, they are all the same, while if you. Definition. To be non-fungible, the asset has to be unique, meaning there is ONLY one of them, and it has to be stored on the blockchain with a unique token ID. Illustration of a non-fungible token generated by a smart contract (a program designed to automatically execute contract terms) A non-fungible token ( NFT) is a unique digital identifier that is recorded on a blockchain, and is used to certify ownership and authenticity. That includes everything. This creates an auditable log of the tokens creation, metadata, ownership and transaction history over time. 1 2 Litto Heart beat Reactions 1,821 Posts 1,690 Guild 𝐌𝐈𝐂𝐇𝐄𝐋𝐈𝐍𝐒 Jul 6th 2022 #1 but bulk buying and non shipback no ok, the logical answer to the question would be the. Think of NFTs as a digital certificate of authenticity for anything from an object, video game, or even songs. Browse, create, buy,. Crazy Frog's entry into the NFT game is a wild mess of drama. Each NFT has different properties (non-fungible) and is provably scarce. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm. But anyone can make NFTs , even out of content that doesn’t belong to them meaning fakes and scams abound. Step 2 – Buy crypto. 5 million. S. ”. NFTs are digital assets and could be photos. IRRIS (아이리스) is a four-member girl group under Justice Records and Mellow Entertainment. non-fungible token:… See the full definition. Binance, one of the world's largest cryptocurrency exchanges, has its own NFT marketplace. 80%, according to Curinos. C. Instead, it just has unique digital representation in the form of a non-fungible token on the blockchain. You don't care which specific dollar bill (or ETH) you have in your. They debuted on July 6, 2022 with the mini album Wanna Know. Beeple is one of the world's most successful NFT artists (Image credit: Beeple) 1:1 Art: This refers to an NFT being one single piece of art, not a series or generative collection. Most simply, an NFT is an entry on a blockchain, the same decentralized digital ledger technology that underlies cryptocurrencies like bitcoin. Most of us don't even really understand it. European Central Bank (ECB) President Christine Lagarde has revealed that her son endured substantial losses in his investments in cryptocurrencies. Definition: An idol that excels in talent and takes the K-Pop world by storm, earning themselves a legendary status in some type of way. , Ltd. e. 95%) or Etsy ( ETSY 1. They just want the deed. Unlike the original. (Image credit: Getty Images /. These. K-POP Channel of World's No. Asset originators can now create asset pools using the tokenized real world asset NFT as underlying collateral. NFT has no change in the last 24 hours. Aespa, the four-member K-pop group from SM Entertainment, is launching an NFT collection with the Web3 artist Blake Kathryn that will give fans access to. NFTs, or non-fungible tokens, share some similarities with cryptocurrencies like Bitcoin. Hobbs is best known as the creator behind the Art Blocks project Fidenza, which racked up numerous seven-figure (USD) sales in 2021, and his next move was eagerly anticipated. E and WAX on the first-ever. An NFT is a unique digital object with its own traceable history and each object would have a record on the blockchain. [1]Step 2 – Buy crypto. Learning how to navigate the world of K-pop standom is a difficult but rewarding feat. ”. The thin film ensures that the upper part of the roots will remain dry and have access to. They pushed back hard against the plans,. NFTs usually take the form of some type of artwork (graphic, audio, or video), or even in-game assets for certain virtual worlds — but they can also represent real-world assets like art, collectibles, and. This is different from tokens such as ETH or other Ethereum based tokens like USDC where every token is identical and has the same properties ('fungible'). The First 5000 Days — $69. (Image credit: Immutable) 03. C. which is represented by Kyuhyun, Ryeowook, and Yesung. First, however, I should highlight what an NFT is from a technical perspective. 11. Sentence: Wonyoung from IVE / Iz*One is so talented! She truly is a fourth-gen ace. OnchainRocks. Upon pool creation, two tokens are created: DROP tokens and TIN tokens. NFT definition: 1. NFT, short for a non-fungible token, is defined as a blockchain record intrinsically connected to a real word or digital asset with clear ownership via smart contract technology, which allows NFT to be bought, sold, traded, or transferred. The meaning of NFT is non-fungible token. Con dinero, uno puede intercambiar un. NFTs are most commonly tied to digital content like computer art or video clips. C. NFTs are bought and. abbreviation for non-fungible token: a unique unit of data (= the only one existing of its type…. 概要. Definition. In most K-Pop groups there’s an appointed leader, who’s usually (but not always) the eldest member or at least one of the eldest members. “K-NFT is proud to work with A. In simple words, NFT is a unique token that cannot be replaced with something. 4 Million. K-pop group A. Physical money and. "Token" comes directly from the crypto space, and "fungible" is a jargon term from finance and economics. An NFT marketplace is somewhere you can buy and sell NFTs. Blockchain transactions take place on NFT marketplaces, reducing the obstacles of self-promotion. ” To give an example, if I trade you my $5 bill for your $5 bill, nobody made a profit. K-pop is the name of a pop music sensation that originated in South Korea and is sweeping the globe. That would defeat the whole purpose of non-fungible tokens, as you want only one of them. NFT is an active system, meaning that it relies on moving parts to work. TrekkiNFT. NFTs are unique because they cannot be exchanged for other assets of equal value, like how fiat currency or cryptocurrencies can be exchanged for goods or services. Nutrient film technique. ”. Photo: Beat Interactive. A PFP NFT, or photo-for-Profile non-fungible token, is a one-of-a-kind digital creation created for the express purpose of serving as a user profile photo or avatar on social media. Since late 2021, major K-pop companies like HYBE, YG and SM are entering the cryptocurrency and NFT business. No, they really don’t have to be. Allegedly, there is no NFT out there that are completely safe for the environment as of now. Fans will be able to buy “The Show FanBox NFT Collection”, a set of short clips of K-pop stars appearing on The Show, a weekly music programme on South Korean channel SBS. It cannot be copied, substituted, or subdivided. The issue many netizens have with NFTs is that they aren’t environmentally sustainable. This individuality is critical when dealing with digital assets that have sentimental or artistic worth. The two most common answers when discussing the value and use of NFTs are as follows: 1) NFTs are digital assets that let creators (finally) retain control of their IP and earn a living from their work. Therefore. This uniqueness relates to the one-of-a-kind properties assumed by each individual NFT. He smashes together pop culture, technology, and. One of the […]Non-fungible tokens (NFTs) are designed to be i) cryptographically verifiable, ii) unique or scarce and iii) easily transferable. tripleS (Korean: 트리플에스; Japanese: トリプルS) is a girl group under MODHAUS. Aespa, the four-member K-pop group from SM Entertainment, is launching an NFT collection with the Web3 artist Blake Kathryn that will give fans access to exclusive content and a rare meet-and. At the time of writing, it has a total trading volume of over $6. Never enter. – APOKI is a virtual artist, singer, dancer, and YouTuber under VV Entertainment. NFTs are bought and sold via a purpose-built NFT marketplace, kind of like Amazon ( AMZN 1. Shop thousands of Meta Meaning tote bags designed and sold by independent artists. – Eternity is an. Crazy Frog, the 3D animated amphibian that haunted anyone alive in the mid-2000s with its shrill engine noises and “DING! DING. An NFT is a unique digital asset that is not directly replaceable with another digital asset (thus the name "non-fungible"). for your 'are kpop fans whipped enough to promote nfts if their faves do it' question. NFTs are bought and sold online. But the decentralized Ethereum network also makes it possible to create and run applications, smart contracts and other transactions on. NMIXX (엔믹스) (formerly known as JYPn) is a 6-member South Korean girl group under JYP Entertainment, consisting of Haewon, Lily, Sullyoon, BAE, Jiwoo and Kyujin. A $10 bill can be exchanged for two $5 bills. nftは、ブロックチェーンと呼ばれるデジタル台帳上に記録されている売買可能なデータ単位である。 nftは、特定のデジタル資産や物理的資産（コンピュータ上のファイルや物理的な物体など）、およびその資産を特定目的で使用するためのライセンスに関連づけることができる 。NFT is an acronym for “non-fungible token. Currently, NFTs are used mainly for digital artwork. Select your blockchain: This will be the blockchain on which your NFT resides, and it cannot be changed once minted. NFTs usually take the form of some type of artwork (graphic, audio, or video), or even in-game assets for certain virtual worlds — but they can also represent real-world assets like art, collectibles, and. And as the industry jostles for more fans overseas, some fans say the. A PFP NFT, or picture-for-profile non-fungible token, is an exclusive digital image designed to serve as its owner’s personal profile picture. The fees to trade on the Greed marketplace are 40% less than Opensea. Like any object. NFT stands for non-fungible token. The NFT itself is a unit of data that provides proof of ownership. Put simply, a wrapped token is a token that represents a cryptocurrency from another blockchain or token standard and is worth the same as the original cryptocurrency. They debuted on February 22nd, 2022 with the single album “AD MARE”. This means that it’s not too late to take advantage of NFT giveaways. Some examples are Bored Apes and Doodles. All orders are custom made and most ship worldwide within 24 hours. But, as usual, the story of simp isn’t so simple. It holds a speculative value – determined by the community – and can be exchanged or traded without fear of duplication. To give an example, if I trade you my $5 bill for your $5 bill, nobody made a profit. Based on the data, my hypothesis is that those who are buying kpop NFTs or any NFTs are just investors, not fans. so the answer is hopefully no, fans are showing their dissatisfaction- although i. Business, Economics, and Finance. These are displays purposely designed to connect to NFT wallets and display art in pin-sharp glory. It is decentralised and open to scrutiny. , which manages K-pop’s BTS, is also setting up a U. As for Acid Angels of Asia, I liked their debut album, but I wish they leaned into even more experimentalism. Scams and rug pulls: NFTs exist in the anonymous and unregulated world of cryptocurrency, which unfortunately brings scammers out of the woodwork like. Some NFT marketplaces, like Nifty Gateway and MakersPlace, let you trade NFTs using traditional payment methods. NFT means non-fungible tokens (NFTs), which are generally created using the same type of programming used for cryptocurrencies. NFT art often fits in as decorations. PFP (profile picture) is a popular social media acronym. Credit: Modhaus. Create the NFT: Once you have filled in the details of your NFT, simply select. Hayeon’s AI-Produced Single “idkwtd” Will Be Sold As NFT Content. It’s popularly claimed that the internet slang simp is an acronym for “Suckers Idolizing Mediocre Pussy. After giving up on mining, I started my own NFT project, and I am glad that I did that. Core Aspects of Floor Price. Royalty-free images. The ecosystem includes builds in 2 metaverses. Hybe, the South Korean agency behind K-pop megastar BTS, announced today that it plans to set up a joint venture with Korean crypto exchange Upbit to enter the non-fungible token (NFT) business. supply is not available. The meaning of K-POP is popular music originating in South Korea and encompassing a variety of styles. Hundreds of nft images to choose from. Its non-fungible nature means it is not interchangeable or replaceable. The NFT is essentially the title to a particular, unique bottle of alcohol, and the owner may redeem the NFT for the physical item. This further increases scarcity for that particular collection and. The NFT project is willing to offer a bunch of (presumably non-Crypto) money to basically do everything to set up and launch the project while the people/brand. But while NFTs may be fetching eye-popping, eyebrow-raising valuations, there is a logic to how — and when — they create value. galaxy astronaut moon. But unlike most bitcoin–which is fungible, meaning. Here’s the breakdown: a male calls an older male “hyung” and an older female “noona. They are bought and sold online, frequently with cryptocurrency, and they are generally. NFT breeding. NFA: This is similar to DYOR and stands for ‘Not financial advice. The latest addition to this list is K-Pop boy band Bangtan Boys, popularly known as BTS. An NFT is an individual, unique digital asset and cannot be duplicated or counterfeited. ”. An NFT is a digital asset that represents a real-world object. Jaden Jeong needs to get with the times. Although metaverse garnered mainstream attention in the past year, the concept has existed for a while. Illustration of a non-fungible token generated by a smart contract (a program designed to automatically execute contract terms) A non-fungible token ( NFT) is a unique digital identifier that is recorded on a blockchain, and is used to certify ownership and authenticity. Featured, which operates on Binance, recently unveiled their "K-Pop NFT Line" in collaboration with KStarLive. NFT collections are created when artists collaborate to launch a series of NFTs (issued and sold in digital forms like videos, music, and tweets). Games & Quizzes; Games. As a result, in K-Pop fanbases, OT is frequently followed by the group’s membership; for instance, BTS’s seven members are commonly referred to as OT7. The nutrient solution flows in a thin film over the roots, ensuring that they are watered and fed but not completely soaked. In its simplest form, non-fungible means a unique digital asset. Modhaus has completed an NFT-based voting process, called Gravity, that will define the member composition of the first K-Pop group directed entirely by. By contrast, physical money and cryptocurrencies are fungible, which. NFTs signal the latest evolution in blockchain-based assets, moving beyond cryptocurrencies. NFT stands for non-fungible token, meaning unique digital asset. The scheme is so common, there’s a term for it. In economics, “fungible” is a term used for things that can be exchanged. English-language dictionaries typically define anime (/ ˈ æ n ɪ m eɪ /) as "a style of Japanese. They were formed through the Thai reality show Girl Group Star. NFT stands for “non-fungible token. It reflects you being a part of that community. Learn more about NFTs in this article. 5 billion (according to analytics platform DappRadar), offering NFTs of everything from in-game items and collectibles, to artwork, music, GIFs, and more. NFT meaning: 1. ”. The NFT cryptos can have only one owner at any given time. E was the first K-Pop group to tokenize their wares as NFTs, releasing a collection NFT meanings and slang: what you need to know. abbreviation for non-fungible token: a unique unit of data (= the only one existing of its type…. Also, while they can hold monetary value like any other asset, they are. They are non-interchangeable, meaning one NFT cannot. Unlike cryptocurrencies that also use the blockchain network for ownership verification, one NFT cannot be directly exchanged with another NFT. Binance NFT offers the typical digital assets found on other major platforms: artwork, gaming items. The members will rotate between the group, sub-unit, and solo activities, as chosen by fans as they will be able to participate and communicate with the group such as deciding the sub-units and the content through NFT photo cards called 'Objekts'. Some people like to collect NFTs and hold a large portion of a collection. So what is an NFT, anyway? In essence, an NFT, or non-fungible token, is just a record that someone owns something. If you've spent any amount of time on the internet this week, you've probably seen a Facebook post, tweet or news headline about "NFTs. Then, lots of words and definitions in this NFT dictionary are also inspired. A $5 bill is fungible because it. How to use NFT in a sentence. Some advantages include: Allowing anyone to invest: NFT markets have broad and global reach, meaning demand is theoretically infinite—an advantage to driving value to an NFT if supply is limited. An NFT acts as a digital certificate of ownership — of a tangible or intangible asset — that is recorded on a blockchain. Binance NFT MarketPlace. ”. NFTs are stored on the blockchain to prove ownership and authenticity of unique digital or tangible items. In short, its a structure that allows holders to vote and decide on proposals completely autonomously. NFT gaming is growing fast, but more importantly NFT gamers are finding a purpose in their hobby. 3. "While that is a lot of fun, and at times even addicting, in my. They are bought and sold online, frequently with cryptocurrency, and they are generally. 26% ), only for digital assets. A token is the sign of ownership of an asset. “Ether” is the native cryptocurrency token used by the Ethereum network. . Authoritative, reliable and up-to-date content for English word reference, with images, example sentences, audio and video pronunciations, and related thesaurus. The blockchain serves as a public ledger, allowing anyone to verify the NFT's. For example, an NFT for a digital collage sold for $69. Here are the top 5 major entertainment. NFT, short for a non-fungible token, is defined as a blockchain record intrinsically connected to a real word or digital asset with clear ownership via smart contract technology, which allows NFT to be bought, sold, traded, or transferred. Because the nature of NFTs is intrinsically tied to future technological developments. – She was born in Namdong District, Incheon, South Korea. – APOKI is a virtual artist, singer, dancer, and YouTuber under VV Entertainment. Image: Larva Labs. Jinni left the group on December 9th, 2022. But some metaverses, like Upland, have inexpensive real estate markets with plots going for as low as a few dollars. Learn more. When it comes to which crypto you should get, Ether (ETH) is the leading one used for NFT transactions. BTS' Tomorrow. DEFINITION. It builds off an existing cryptocurrency to generate this token. G and Pink Fantasy. This depends upon which platform the artist is using; Zora , for instance, is an NFT platform with the “Creative Share” option, meaning users can buy and trade artworks immediately. Head back to Rarible's homepage and click the blue Create button at the top right. After you provide all these details, click on Create item to mint your NFT on Rarible. K-Pop Positions Explained. Binance, one of the largest cryptocurrency exchanges, added an NFT marketplace in 2021. They are. The K-Pop merchandise and collectibles market is growing every year. NFT son las siglas en inglés de token no fungible. " At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items — such as works of art, real estate, music, or videos. An asset originator bridges a real world asset using Tinlake. 5% gas fee that you need to pay to successfully mint an NFT using the Rarible marketplace. NFTs are tokens that are individually unique. PROOF NFT holders each received two Moonbirds NFTs, leaving 7,875 Moonbirds to the broader NFT community to vie for. NFT stands for non-fungible token. . Non-fungible means that something is unique and can’t be replaced. Its value is determined by what. Yogapetz. 42,000+ Vectors, Stock Photos & PSD files. As of date, across NFT marketplaces, the trading volume of NFTs surpassed. Legendary boy group Super Junior was the first K-pop group to have a subunit. NFT stands for “non-fungible token” — “non-fungible” means it cannot be exchanged for something of similar value. They are. by definition it is a ‘Decentralised Autonomous Organisation. That was simple, yes, but understanding what it means is not the same as understanding what it actually is. 227 (October 2021). These major marketplaces have well-stocked support sections, and resources to help you get started with buying and selling NFT art. Noticing the success of Bored Ape Yacht Club, similar projects have sought to mimic its formula for success. An innovative funding model is starting to build momentum in South Korea for industries art, collectibles, media, gaming, and even music. Coinbase’s Saxena said on “NFT Now” that “NFTs can reflect who you are, your ethos, your values. Businesses and parts of the South Korean government are looking at creating metaverses;. Non-fungible means that something is unique and can’t be replaced. HYBE, the music agency that manages Korean pop (K-pop) megastars BTS – creators of hit track ‘Butter’ – has signed a joint venture (JV) with South. Tech companies are partnering up with K-pop artists to create non-fungible tokens (NFTs) and attract fans with the blockchain-based ownership of digital content.