But if to speak seriously, K-POP now is a strong branch of the entertainment industry, which is based in a fairly developed country, so I think it will have an impact. 
Topic: K-POP Company owners are joining the train hype of Cryptocurrency - page 3. (Read 857 times)
October 04, 2019, 03:11:23 PM
I'm certainly not a fan of conspiracy theory, but in my opinion K-POP will soon take over the whole world. Of course, I have nothing against it But if to speak seriously, K-POP now is a strong branch of the entertainment industry, which is based in a fairly developed country, so I think it will have an impact.
But if to speak seriously, K-POP now is a strong branch of the entertainment industry, which is based in a fairly developed country, so I think it will have an impact. 
October 04, 2019, 02:35:56 PM
Are K- pop that popular that they are confident that it will generate support,
currently i think K-Pop very popular in the world because they already break the most 24hours view for Music Video with total views 74.6 Million
I don't even know if all the K pop fans are into Cryptocurrency, they should instead adopt a Crypto currency first and observe it's success before they launch their own,
i believe if SM Ent. Make their cryptocurrency with a lot of bonus or benefit many of K-Pop Fans from all the group that SM Ent. has i think it will be bring many people to buy their coins and using it on their platform
besides how many K-pop superstars they have in their stable because I'm not a K - pop fans.
i think there are a lot of K-Pop star under SM Ent. and if you want to see maybe you can read it here SM Entertainment artists
October 04, 2019, 02:08:21 PM
I think this will have no impact anything for the world of Crypto, they are only carrying out their own mission, specifically for their own fans. I feel that their tokens will not long survive in the market, this is only a play token, for jokes.
Same view for this one and we have seen that there were lots of projects do tagged up anything just to make some shitcoin which isn't really that needed.We don't need to have this K-pop crypto for what? They don't offer something new and we wouldn't be surprised if this one easily dies down even after a few days on launch.
Main motive is either on accumulating funds or just trying to join with the hype for adding more exposure.
October 04, 2019, 01:57:49 PM
I think this will have no impact anything for the world of Crypto, they are only carrying out their own mission, specifically for their own fans. I feel that their tokens will not long survive in the market, this is only a play token, for jokes.
Same view for this one and we have seen that there were lots of projects do tagged up anything just to make some shitcoin which isn't really that needed.We don't need to have this K-pop crypto for what? They don't offer something new and we wouldn't be surprised if this one easily dies down even after a few days on launch.
Main motive is either on accumulating funds or just trying to join with the hype for adding more exposure.
October 04, 2019, 12:50:39 PM
Blockchain as a platform to connect stars and fans could be huge, I don't know how it could be done, I don't know what the platform will be like but looking stuff like twitch where people literally give money to streamers to be on their screens, I am pretty sure we could have a system where fans pay celebs to get their attention. Now, if you do that via crypto that is even better, there is a connection and you can see how has sent the most crypto and the richest fan out there.
This won't work because of the network effect - content creators want to put their content on the platform with the highest amount of users to maximize their audience and their profit. So, a new platform will only have small beginner content-creators at first, and it will stay that way if amount of consumers will stay low. Next, I seriously doubt that an average twitch viewer or k-pop fan knows or cares about cryptocurrency. If you make this platform crypto-exclusive, you'll seriously limit your potential users.
October 04, 2019, 11:23:08 AM
Blockchain as a platform to connect stars and fans could be huge, I don't know how it could be done, I don't know what the platform will be like but looking stuff like twitch where people literally give money to streamers to be on their screens, I am pretty sure we could have a system where fans pay celebs to get their attention. Now, if you do that via crypto that is even better, there is a connection and you can see how has sent the most crypto and the richest fan out there.
I personally do twitch myself and know my biggest supporters by heart, so of course every fan would want to be like that for their favorite celeb. How they could do it is another question, if they can do it, it will be success but they need to be careful with the system or it would be another money spent on something that failed.
I personally do twitch myself and know my biggest supporters by heart, so of course every fan would want to be like that for their favorite celeb. How they could do it is another question, if they can do it, it will be success but they need to be careful with the system or it would be another money spent on something that failed.
October 04, 2019, 10:49:04 AM
Are K- pop that popular that they are confident that it will generate support, I don't even know if all the K pop fans are into Cryptocurrency, they should instead adopt a Crypto currency first and observe it's success before they launch their own,
and besides how many K-pop superstars they have in their stable because I'm not a K - pop fans.
and besides how many K-pop superstars they have in their stable because I'm not a K - pop fans.
October 03, 2019, 11:57:05 AM
SM Entertainment, one of the top entertainment company in Sout Korea is planning on making its own blockchain network.
Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.
What are your thoughts? Do you think this will have a "major" impact?
For more info, refer to these articles: Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency and K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency
of course, I suppose with SM Entertainment taking steps to create its very own blockchain network, it will have a massive have an impact on on the crypto world, due to the fact we comprehend that kpop music is extensively well-known during the world, of course this has a big have an impact on and will deliver higher crypto, more artists and fans KPOP can be directly involved. Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.
What are your thoughts? Do you think this will have a "major" impact?
For more info, refer to these articles: Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency and K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency
October 03, 2019, 10:49:13 AM
SM Entertainment, one of the top entertainment company in Sout Korea is planning on making its own blockchain network.
Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.
What are your thoughts? Do you think this will have a "major" impact?
For more info, refer to these articles: Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency and K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency
I think that it will have a minor impact on cryptocurrency as a whole mainly due to the fact that it will only apply to the entertainers and their fans, although, with the large viewerbase that K-POP does have it may very well prove me wrong and absolutely take off. Additionally, most of the people who enjoy K-POP are from the younger generation and therefore are more digitally savvy, meaning that this cryptocurrency does have the ability to take off within that K-POP ecosystem, especially due to the fact that these fans are absolutely die-hard for their idols. Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.
What are your thoughts? Do you think this will have a "major" impact?
For more info, refer to these articles: Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency and K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency
I'm not sure how much impact it will have, as crypto is already hugely popular in South Korea.
I remember this stat that over 7% of South Koreans (of those surveyed) own some crypto: https://cointelegraph.com/news/south-koreans-invest-an-average-6-000-in-cryptocurrency-says-new-survey
But even if it doesn't have much effect, whatever effect it does have will surely be positive and is another welcome step on the long and bumpy road towards the integration of crypto into mainstream society.
That may be true, however, this is most likely older men and women who are investing their income. I highly doubt that those from the younger generation have much care for their future and therefore most likely haven't invested into cryptocurrency. This could be a turning point for that, especially in South Korea. I remember this stat that over 7% of South Koreans (of those surveyed) own some crypto: https://cointelegraph.com/news/south-koreans-invest-an-average-6-000-in-cryptocurrency-says-new-survey
But even if it doesn't have much effect, whatever effect it does have will surely be positive and is another welcome step on the long and bumpy road towards the integration of crypto into mainstream society.
October 03, 2019, 10:40:11 AM
It has a big impact in the industry not only for entertainment. It is not an outrageous matter that KPop music will also enter and involve the crypto world because a country like South Korea already recognized for cryptocurrency investments and exchanges. It adds up additional income to the blockchains and it has enormous impact for accepting and divulging crypto to the other people not only in Korea but also in other countries most especially in those countries that crypto is not yet acceptable and not yet legalized.
October 03, 2019, 10:18:08 AM
Can someone enlighten me how can the artists directly interact with their fans by creating their own cryptoccurency? We all know that korean wave have been showing a great impact towards people around the world. And there are a lot of fans that can really be a good thing for crypto's wide adoption. And for the fact that SM is a big company in Korea, having super junior, girls generation, exo and etc who are really famous even internationally.
But what I am thinking is if it's all about interaction, it's not a good option if the artists themselves don't even know what crypto is. SM is somehow risking their artist engaging them on something they don't know. SM is known for only thinking about money and profits. Or are they just using their artists to earn money from their fans?The management can handle it but I don't think it's good to involve their artist who are not willing to learn things in crypto.
But what I am thinking is if it's all about interaction, it's not a good option if the artists themselves don't even know what crypto is. SM is somehow risking their artist engaging them on something they don't know. SM is known for only thinking about money and profits. Or are they just using their artists to earn money from their fans?The management can handle it but I don't think it's good to involve their artist who are not willing to learn things in crypto.
October 03, 2019, 08:02:06 AM
We are forgetting that they are also looking at blockchain more directly than just cryptocurrency. It means they are trying to build a platform where the artists could have more direct connections with the fans. Sure, there could be some cryptocurrency involved and fans who buy those cryptocurrency could basically support their favorites and all that but at the same time blockchain could connect them a lot faster and better depending on how they use it.
So, this is more about utilizing the technology better to make more profits than just adding some ICO crypto to make more money and get away from financial troubles, that would be a short term solution where they will end up where they are right now eventually, but if they utilize the blockchain better they could have a long term profit that would save them.
So, this is more about utilizing the technology better to make more profits than just adding some ICO crypto to make more money and get away from financial troubles, that would be a short term solution where they will end up where they are right now eventually, but if they utilize the blockchain better they could have a long term profit that would save them.
October 02, 2019, 10:59:10 AM
This is surely good news to the crypto community. All that we seek is the adoption of cryptocurrencies and entertainment is one of the big industries in the world today. This would go a long way to expose the use case of blockchain technology to the world.
October 02, 2019, 04:32:19 AM
In terms of major impact, there will be none. There could be an impact but it will become short-lived if there are no major complementary developments that go with it. It is not sufficient itself to be the lone force to cause a major impact. This is not the first time that people from the entertainment industry have started to voice out or express their interest or support to cryptocurrency. In fact, this is not the first time that a certain crypto project is made with the objective of direct interaction with the fans. And so far, nothing has gone far with it.
October 02, 2019, 04:27:56 AM
I'm not sure how much impact it will have, as crypto is already hugely popular in South Korea.
I remember this stat that over 7% of South Koreans (of those surveyed) own some crypto: https://cointelegraph.com/news/south-koreans-invest-an-average-6-000-in-cryptocurrency-says-new-survey
But even if it doesn't have much effect, whatever effect it does have will surely be positive and is another welcome step on the long and bumpy road towards the integration of crypto into mainstream society.
I remember this stat that over 7% of South Koreans (of those surveyed) own some crypto: https://cointelegraph.com/news/south-koreans-invest-an-average-6-000-in-cryptocurrency-says-new-survey
But even if it doesn't have much effect, whatever effect it does have will surely be positive and is another welcome step on the long and bumpy road towards the integration of crypto into mainstream society.
October 02, 2019, 04:03:08 AM
If SM develops a cryptocurrency, will its enthusiasm be as big as KPOP music? In my opinion not necessarily, because:
- Although the number of KPOP fans around the world reaches 89 million people, not all KPOP fans are people who understand cryptocurrency.
- When SM launches a cryptocurrency, the market will see and review its vision and mission, and whether the market will respond according to SM's expectations.
- Although the number of KPOP fans around the world reaches 89 million people, not all KPOP fans are people who understand cryptocurrency.
- When SM launches a cryptocurrency, the market will see and review its vision and mission, and whether the market will respond according to SM's expectations.
as a k-pop fan, i think there are will be many fans to joins crypto as long there is a benefit they will get to join or use the coins that SM offering.
maybe SM Ent. will be offering a benefit like every purchase using their coins will be have a chance to join fansign/fan meeting
KPop fans are surely willing to try it once it has been launched just to satisfy their fangirling or fanboying needs. You know, whatever it takes.
SM Entertainment is confident about this since almost all their idol groups, especially EXO, is also way too popular worldwide. So even if the fans don't understand what cryptocurrency is at first since most of the number of fans are too young or still a student, there's no doubt that they will still be able to adopt it.
October 02, 2019, 03:44:17 AM
various businesses can be integrated with crypto currencies. targeting entertainment industry as a cryptocurrency ecosystem is a good idea. but whether this idea will continue because the issue that is developing, South Korea will fight cryptocurrency. does this busines include the cryptocurrency type to be fought.
I don’t know why we are all giving south Korea too much of power to be thinking they can have influence over cryptocurrency when they are not the world leader, in terms of war, they can make that boast but when it comes to technology, their limit does not go beyond their own space as they have no business with what other countries do with their own currency.Even if they will fight cryptocurrency, they can only fight it in their country which the fight will be against those who has been using it in their country. Many big entertainment companies will come into the cryptocurrency space successfully and there is nothing that I think south Korea can do about that. The crypto space is growing bigger and very soon, it will grow beyond control.
October 02, 2019, 02:12:12 AM
SM Entertainment, one of the top entertainment company in Sout Korea is planning on making its own blockchain network.
Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.
What are your thoughts? Do you think this will have a "major" impact?
Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.
What are your thoughts? Do you think this will have a "major" impact?
every project is free to give the features they offer to make a plus point for their project. but I myself judge here for the ease of processing their finances I think is good and simple. but if the aim is to make it easier for other people to make transactions with them I don't think that's because. K-pop is mostly for teenager and there is no doubt that teenagers at this time are not many who understand and really understand what crypto is. but the features they offer themselves are a very good idea
Not a bad idea, though. It will be a good spark to attract more people especially those young generations, preparing them for the best future to come.
October 02, 2019, 01:33:18 AM
SM Entertainment, one of the top entertainment company in Sout Korea is planning on making its own blockchain network.
Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.
What are your thoughts? Do you think this will have a "major" impact?
For more info, refer to these articles: Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency and K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency
Due to the shareholder revolt and a falling stock price of the company they wanted to create this, in order for the Artists and the company itself be able to directly interact with the fans and be more engaged in the entertainment ecosystem.
What are your thoughts? Do you think this will have a "major" impact?
For more info, refer to these articles: Korea’s Biggest Entertainment Company to Launch Its Own Cryptocurrency and K-Pop Music Giant SM Entertainment Is Planning Its Own Cryptocurrency
This is genius. These KPOP starts have a broad and FANATICAL following. I know some people who would buy and do anything for tickets to sold-out concerts by these kpop stars.
This is a really good move on the part of SM entertainment and i wouldn't be surprised if it becomes an all out success for them. The only thing they need to do is to make the user interface user friendly and surely it will be a hit.
October 02, 2019, 01:15:59 AM
every project is free to give the features they offer to make a plus point for their project. but I myself judge here for the ease of processing their finances I think is good and simple. but if the aim is to make it easier for other people to make transactions with them I don't think that's because. K-pop is mostly for teenager and there is no doubt that teenagers at this time are not many who understand and really understand what crypto is. but the features they offer themselves are a very good idea
Yes K-POP fandom is mostly a bunch of teenagers. And their exposure/understanding of cryptocurrency isn't going to be as in-depth as we could but my guess is they will try to anyways. And the other I'm curious about is that just because of K-POP has a very large fandom that other businesses would try to make partnership to the companies behind it and further developed their blockchain. I mean, to be partnered with a worldwide known reputation company by supporting their project is going to be a lot more profitable than making their own blockchain themselves.
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