Post
Topic
Board Economics
Re: K-POP Company owners are joining the train hype of Cryptocurrency
by
NewRanger
on 23/10/2019, 11:51:38 UTC
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
KPOP want to adopt bitcoin and altcoin?  I think very good ideas if KPOP become part with bitcoin and altcoin where they have many fans in the world, how when they sing a song and use bitcoin or altcoin as platform promote I think many fans of KPOP will invest with bitcoin and altcoin.
i am still confuse with correlation between KPOP with bitcoin.how they will adopt bitcoin in their show.except as payment in their concer, there is no rellation again between both of them. Maybe if they build aplication for their fans which is have content about their artist and pay with bitcoin , in my opinion it will make demand rise imppresively.but if theh developt their own currency and used it in theie ecosysten it also will has positive impact , more korean fans will know about cryptocurrency.