Binance partners YG Entertainment to develop Metaverse
Binance Exchange entered into a partnership to push the huge work on the development of Metaverse, NFTs, and blockchain game projects.
Binance is a popular crypto exchange. Because of its high-quality services, the exchange is known as a pro exchange, and also this exchange is standing at the first rank in the crypto space in terms of the high trading volume. The team behind the Binance exchange always remains ready to work on those initiatives, which are going to be a future trend.
On 7 February, Binance Exchange established a partnership with YG Entertainment. The main aim of this partnership is to use the resources of each other to develop Metaverse, NFTs, and gaming projects.
Here YG Entertainment will provide content to work and Binance exchange will give its support with the Binance NFTs platform.
The global head of Binance NFTs, Helen Hai, stated this partnership and said that they will try to provide an eco-friendly Ecosystem for the NFTs collectibles.
Under the partnership, YG will develop blockchain games on the Binance smart chain network. So Binance will expand its Ecosystem with huge features and services to the crypto industry.
YG Entertainment is a Kosdaq-listed company. This company manages popular K-pop groups such as BIGBANG, BLACKPINK, WINNER, and iKON.
Bo Kyung Hwang, CEO at YG Entertainment, stated that with such innovative works both teams will work to give better services and opportunities to the world to bring a better link between fans and artists.
“As a Kpop leader, we plan to steadily build an innovative and eco-friendly NFT ecosystem. Collaboration with Binance has provided an opportunity for YG to secure royalties and business opportunities for rare and valuable content.”
If Binance exchange will do such efforts continuously then surely its native token will go alongside Bitcoin and Ethereum like crypto assets price because Binance exchange is working almost in every project in this industry and also giving much better service unlike other crypto companies.
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