Chainlink Partners FSN to Foster NFT Investments in South Korea January 3, 2023 January 3, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJanuary 3, 2023 by Kelly Cromley

Chainlink Partners FSN to Foster NFT Investments in South Korea

FSN has signed an agreement with Chainlink Labs to “expedite the uptake of NFTs and the NFT ecosystems in South Korea.” The strategic agreement between Chainlink Labs and FSN will “greatly boost the industry and community uptake of NFTs.” As a consequence of this partnership, they will “significantly improve the openness and reliability of NFT initiatives and increase user knowledge of NFT ventures that can be relied upon.”

The team members presume that Chainlink’s industry-standard oracle solutions “play a significant role in the development of the PFP NFT, NFT gaming, and utility-based NFT segments by enabling a vast array of innovative utilisation scenarios reliant on real-world information and off-chain data processing, such as interactive NFTs, verifiably random NFT airdrops and disbursements, and utility NFTs sparked by off-chain activities.”

FSN’s chief executive officer, Lee Sang Seok, stated, “We are happy to form a channel collaboration with Chainlink Labs. Both FSN and Chainlink Labs are among the vanguard of the NFT industry, and we think Chainlink oracle solutions are essential to unleashing new types of NFT usefulness, instilling user trust in Web3 initiatives, and allowing NFTs to achieve their great promise.
According to the revision, FSN boasts to be South Korea’s leading digital marketing agency. It launched and managed premier NFT ventures, like Sunmiya Club, via its affiliates Fingerlabs and Fingerverse.

By creating the NFT marketplace ‘Xclusive’ and the NFT-FIRST wallet ‘FAVORLET,’ FSN intends to “actively develop the NFT environment as a whole.” As stated in the official release, Chainlink Labs asserts to be “the leading supplier of secure and dependable open-source blockchain oracle options, improving smart contracts by linking them to a large array of off-chain datasets and computational methods, including asset values, web APIs, IoT devices, and much more.”

Chainlink Labs is committed to the creation and implementation of Chainlink as the default decentralized oracle architecture utilised by smart contracts on almost any blockchain.”

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.