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Market News

South Korea’s Naver & LINE Launch NFT Platform for K-Pop Fans

NOW.Drops can be accessed via LINE’s e-wallet DOSI, which in turn can be used by logging into through social media accounts and making payments.

Written By Ritu Lavania
Published September 22, 2022 12:05 PM·Updated 2 years ago
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South Korea’s Naver & LINE Launch NFT Platform for K-Pop Fans

South Korea’s online platform Naver and LINE, the messenger app, together launched NFT platform, NOW.Drops for K-pop music fans to create personalized NFTs.

NOW.Drops lets users mint NFTs of their favorite musical acts that users can crop out of the unique content on NOW, Naver’s live audio and video streaming service that features South Korean artists.

NMIXX Crystal Drop Open 🥳🥳

Own the NMIXX <ENTWURF> comeback showcase & NEXTREND's crush moments on NOW. Drops and support NMIXX <ENTWURF>♥
👉https://t.co/uiXCRwPV7a👈

The opportunity to own NMIXX's favorite and unreleased moments as you pick!

🌟Only during 9/19~9/28!🌟 pic.twitter.com/KbHgXgWgF4

— DOSI_official (@DOSI_official) September 20, 2022

Users can mint and save the clips of their favorite acts, by purchasing “crystals” which can further be used to purchase other NFTs on the platform. You can thus crystallize your favorite moments in the form of NFTs.

NOW.Drops can be accessed via LINE’s e-wallet DOSI, which in turn can be used by logging through social media accounts and making payments.

K-pop girl group ‘NMIXX’ held an exclusive comeback showcase on NOW at the launch and an NFT airdrop event was held on the newly launched platform. NowDrops held an ‘airdrop’ in which crystals were provided through a lottery so that they could hold NMIXX’s NFTs for free for 8 days.

Naver NOW. Jinhwan Gong, Senior Service Leader, said, “Now Drops is a service that opens new possibilities in the NFT market based on NOW’s original content production power and Line Next’s technology. It will give them a new experience.”

Also Read: boAt Announces India’s first Ever Metaverse K-Pop Concert

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:NFT PlatformSouth Korea
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