XPOP Creating NFT Marketplace for K-pop Artists on Polkadot

Banner with Polkadot and KPOP on dark backgroundSEOUL, South Korea–June 10, 2021–XPOP, a Korean blockchain technology company, announced the entertainment non-fungible token (NFT) marketplace based on Polkadot blockchain to be launched as the first in the world at the end of June.

Based on various content providing partnerships with a number of K-pop entertainment companies, XPOP Project Team is preparing for extensive content to be registered and distributed on the new NFT marketplace of XPOP through participation by famous K-pop artists.

XPOP NFT Marketplace provides a decentralized service to certify the originality of content and content ownership of each artist and to ensure the safe distribution of content on the XPOP blockchain network. XPOP Parachain is formed on the basis of Polkadot, which is a smart contract that can be modified according to various content distribution businesses. The entertainment NFT marketplace to be launched by XPOP Project Team with unrivaled technological power will be the world’s first service that is combined with the Polkadot blockchain ecosystem that offers interoperability with different blockchain networks.

Being Polkadot-based, this marketplace enables the use of various cryptocurrency-based and collectable content in addition to XPOP. It will be a truly decentralized content marketplace where users can safely and conveniently register and trade content. XPOP NFT Marketplace has been tested with collectable content, such as digital photo cards and illustrations of K-pop artists. Prominent blockchain media showed interests in XPOP Project during the initial phase of its opening. Now, everyone’s eyes are drawn to the value of XPOP token in time for its listing on the major crypto exchanges.

XPOP is a Korean company of experts from blockchain technology and entertainment content fields. In line with the rapidly changing recent trend, XPOP provides various content players with the entertainment NFT marketplace that enables blockchain smart contract trading in the entertainment market and the web 3.0-based future-oriented digital content industry development by utilizing NFT technology. XPOP is currently preparing for the establishment of partnerships and commencement of the K-pop entertainment business in Southeast Asian countries, such as Indonesia, Malaysia, and Singapore.

Currently listed in Melon Exchange (https://www.melonex.io) and Hotbit Korea (https://www.hotbit.co.kr), XPOP Foundation will hold investment campaigns with individual investors and investment companies around the world.

Details of XPOP Foundation’s official announcements and activities can be found on the official Telegram channel of XPOP (https://t.me/xpopblockchain).