Ninjastic
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Board Economics
Re: K-POP Company owners are joining the train hype of Cryptocurrency
by
jmigdlc99
on 02/10/2019, 05:33:18 UTC
Quote from: DaftAjax on September 26, 2019, 01:56:22 PM
SM Entertainment, one of the top entertainment company in Sout Korea is planning on making its own blockchain network.

Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.

What are your thoughts? Do you think this will have a "major" impact?

For more info, refer to these articles: Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency and K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency

This is genius. These KPOP starts have a broad and FANATICAL following. I know some people who would buy and do anything for tickets to sold-out concerts by these kpop stars.

This is a really good move on the part of SM entertainment and i wouldn't be surprised if it becomes an all out success for them. The only thing they need to do is to make the user interface user friendly and surely it will be a hit.