Re: K-POP Company owners are joining the train hype of Cryptocurrency

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: Koreas Biggest Entertainment Company to Launch Its Own Cryptocurrency and K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency

It will have an impact on K pop industry but I don't think so in the Cryptocurrency, I hope they did make a feasibility study because K pop is not a big industry and I highly doubt it will have volume in the market, because it will only serve a small industry, if they are sure of it then why not we have seen Akon creating his won coin for his countryman and Pacquiao too is going to launch one, but coins coming from popular figure will not last long, we have seen in the past how people create coins for popular figure and they are not around anymore.