Crypto

Bithumb to Distribute NFTs for Each Medal S. Korea Won at Beijing Olympics

One of the largest cryptocurrency exchanges of South Korea, Bithumb says it will distribute non-fungible tokens (NFTs), digital art for the traders every time the country wins a medal at the Winter Olympics, Beijing. 

As per the criteria given by NFTs, it says that jointly with blockchain-based sports content platform they will provide NFT to the traders who have made the transaction more than 1 million Korean won (US$ 835) worth of FIT. The offering given by Bithumb will be available for 24 hours that will start at midnight after every win made by a Korean athlete. 

Related facts

  • Bithumb had a plan to distribute one special and ten regular NFT on every winning made by Olympic medalist of South Korea.
  • According to the data given from CryptoSlam, it has been finding out that sports now become the key Industry that pushes cryptocurrencies and their trading. As there is a record of sporting fan tokens that have become double NFT in total sales.
  • Bithumb is of the view that it will continue to work towards creating coordination and synergy between sports and digital assets.
  • Bithumb has started this offer to motivate South Korean athletes because to date, the country has no medals in hand at Beijing Olympics which is scheduled to end on Feb 20.
Spread the love
partyush goyal

Recent Posts

10 Tools to Detect AI-Generated Content

In an era where artificial intelligence (AI) has made remarkable strides, it has also ushered…

7 months ago

Embracing the Era of Blockchain Payment Revolution

In the swiftly evolving landscape of financial technology, one term has consistently held its ground…

7 months ago

What is Aribot Threat Modeling Tool?

Aribot's Automated Threat Modeling solution seamlessly integrates with your existing CI/CD pipeline, harnessing the power…

7 months ago

Unveiling the Top Fashion NFTs Redefining Digital Couture

Check out the some notable examples of Top fashion NFTs (Non-Fungible Tokens) that gained attention…

7 months ago

Fashion NFTs in 2023: Redefining Style and Ownership

In the realm of fashion NFTs, where rapid technological progress meets shifting consumer preferences, the…

7 months ago

Unlocking Creativity: Top Free AI Tools

In an era driven by technology, artificial intelligence (AI) has become a game-changer in various…

8 months ago

This website uses cookies.