On February 8, Binance a cryptocurrency exchange that is one of the largest exchanges in the world has announced the signing of an MOU (Memorandum of Understanding) with YG Entertainment – a South Korean multinational entertainment agency.
Binance and YG will partner on a number of blockchain projects including:
1.collaborations in the NFT space
2.develop Binance Smart Chain-based games
3.building the Metaverse
4.work together to create an eco-friendly ecosystem for NFTs
5.actively pursue various digital asset opportunities to develop unique experiences and services for fans
YG will supply the NFT content and gaming assets while Binance will provide the NFT platform.