Cheil Worldwide Inc and Daehong Communications Inc are the biggest advertising agencies in South Korea.
They want to improve the NFT ventures to enhance new development engines.
a subsidiary of South Korea which is Cheil Worldwide directing cryptocurrency exchange Dunamu has signed a memo of comprehending with US-based NFT marketplace CYPHRLY, to improve its brand NFT business.
CYPHRLY is similar to Cheil Worldwide a subsidiary of South Korea’s leading cryptocurrency exchange Dunamu.
reference to the terms of the agreement, planning and designing brand NFTs for advertisers should be done by Cheil Worldwide, and CYPHRLY will be
improving and operating the NFTs through its platform.
showcase different categories of NFT products and improve the diversity of marketing property businesses will be able with this cooperation.
the release of an NFT-based mobile gift certificate notified by Daehong Communications Inc., an affiliate of Lotte’s advertisement.
It is many NFT projects that Daehong is interested to do, comprising ticketing, membership programs, subscription coupons, and luxury good authentication.
5 billion won (US$3.74 million) has been invested by the Daehong to attain a 5.7 percent stake in the domestic blockchain company Blocko.
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