XPOP UNVEILS WORLD'S FIRST POLKADOT-BASED ENTERTAINMENT NFT MARKETPLACE

 KUALA LUMPUR, June 11 (Bernama) -- XPOP, a Korean blockchain technology company, has announced the entertainment non-fungible token (NFT) marketplace based on Polkadot blockchain to be launched as the world’s first at June-end.

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 via participation by famous K-pop artistes.

XPOP NFT Marketplace provides a de-centralised service to certify the originality of content and content ownership of each artiste and ensure the safe distribution of content on the XPOP blockchain network.

According to a statement, 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 unrivalled 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 de-centralised 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 artistes.

Prominent blockchain media showed interest in XPOP Project during the initial phase of its opening. Currently, everyone’s eyes are drawn to the value of XPOP token in time for its listing on the major crypto exchanges.

Currently listed in Melon Exchange and Hotbit Korea, XPOP Foundation will hold investment campaigns with individual investors and investment companies worldwide.

-- BERNAMA