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SK Square First Investment... Kobbit Equity 35% · Get an on-in 40%

A non-fungible token (NFT) is a unique and non-interchangeable system of information stored on a digital ledger (blockchain). NFTs can be linked with easily-reproducible products such as pictures, video clips, audio, as well as other types of digital files as one-of-a-kind things (analogous to a certificate of credibility), and use blockchain technology to provide the NFT a public evidence of possession. Duplicates of the initial data are not limited to the owner of the NFT, as well as can be copied and shared like any kind of documents. The absence of interchangeability (frangibility) differentiates NFTs from blockchain cryptocurrencies, such as Bitcoin. The first NFT task was in 2015 on the Ethereum blockchain, and also it has considering that expanded to be a significant market of the Western art sector. NFTs have drawn criticism with respect to the power cost and also carbon footprint related to confirming blockchain deals as well as its frequent usage in art frauds. More objections challenge the efficiency of establishing evidence of ownership in an unregulated market based on digital data that are simple to copy.

One square SK launched a specialized investment company that took the met averse to the new food.

SK Square announced that it has acquired a stake in Mind Tobit and on some investments in the first 29 days and at the same time re-listed on the securities market.

Invest about 900 billion won in Tobit and to secure a stake of around 35% went to the second-largest shareholder. It also acquired a subsidiary of Neptune Can family on the mind share of 40%. The first investment in common is the met averse business cooperation.

Investment background of SK Square to launch ICT investment company specializing in semiconductor wihaeseoda is to create an ecosystem of the blockchain and the met averse, and dominate the future ICT area is increasing the frequency utilization.

■ NFC Tobit followed by two major shareholders

SK Square to invest about 900 billion won in Tobit it acquired a 35% stake. Accordingly, it stands up to the second-largest shareholder after the largest shareholder of NFC.

SK Square foresee simply be able to increase the net asset value of shares of Square just Tobit itself.

Trend to increase sharply enough to exceed the current domestic price scale virtual asset trading has already KO SPI. January to September this year, cumulative domestic virtual asset trading amount is larger than the 450 trillion won over the same period, the KO SPI transaction amount to approximately 3,584,000,000,000,000 won.

Combs nose Finance Committee is the second virtual property operators report repair is completed, the Financial Intelligence Unit in accordance with the specific financial information from domestic law enforcement ordinance amendment.

Nose combs 2013 Korea's first Bitcoin-start buying the currency trading services dwaeteumyeo argument NFC 2017 years to buy a Nixon currently between one of the largest gaming companies. Through these processes it provides transaction support services for 70 kinds of high-reliability critical virtual assets on the basis of rigorous assessment criteria of the committee present its IPO.

SK Square was an executive Tobit investment in ICT in order to preempt the Next platform area that can bring social innovation. Virtual property exchange business has now entered a full-fledged institutional legislative step is expected to take place as a celebration of the future revolutionary platform business.

SK Square to raise the nose and comb this investment a lot more in the wake virtual asset environment in which investors can obtain investment information more accurate and reliable transactions securely is expected to further upgrade the service. This adds asset trading market as well and expects a steady growth based around large-derived industries out with provided.

In addition, a portion of which can also expect to see a great synergy met averse business cooperation with Tobit.

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In addition to co-combs virtual asset trading service has been operating a trading market and NFT met averse virtual asset exchange Tobit Town. Met averse innovative ecosystem to establish a connection with SK tape holds the met averse platform landmark, content and workflow platform wave, circle Store app market with a viable business model.

■ SK met averse ally secured

SK Square is investing 80 million in cocoa-based 3D digital human mind and decided to make whole stake of 40%. Including the common shares and convertible preferred method.

On Mind is a privately held company incorporated in November cacao Games subsidiary of Neptune, a company founded in January 2020 4. Based on self-developed 3D digital human technology implementation and real-time rendering technology, it is expanding its unity, partnership and cooperation with AMD.

Neptune is the parent company with diversified e-sports, MAN, Met averse, the digital human such future-oriented projects in the gaming industry as a leader.

On a 3D digital human mind has produced 'Suarez (SUA)' has emerged as a new met averse secret such as bears Unity Korea and advertising model contract. Since the implementation of the current most of the digital human is a 2D manner, the 3D mode of the mind jumping on them one step under great attention in the industry.

SK Square foresee as well as minds on investment also Tobit met averse platform Skype Land, content workflow platform, Wave, etc. that the business synergy is very large.

For example, even realistic in the met averse platform landmark pipe utilizing a digital human technology, I can implement or give birth to Lou onset attractive virtual avatars' inflation.

Also, if you combine the digital sound of a human, OUT platform and on the mind flow with the wave you can expect higher profits in the entertainment business. The flow and wave created digital human secret it is possible to realize projects that foster a popular artist.

SK has steadily yieoohgo strategic partnership after the exchange of shares in 2019 and 300 billion won cacao scale. This year was to expand the alliance to a total of 200 billion ESG ▲ ▲ co-fund Colossal AI models (GPT-3) followed by a number of cooperation and progress, such as the joint development met averse zone.

■ SK met averse ecosystems new starting point to invest Square

Due to the investment of SK Square met averse ecosystem it was brought to a new starting point.

Virtual asset exchange of Tobit, NFT trading market, Met averse Exchange fuse 3D digital human technology on the mind as a blueprint that more firmly establish the met averse ecosystem encompasses Skype Land, flow and waves, circles Store, including the existing SK.

It also creates the met averse economic system in ecosystems users to trade a variety of virtual goods, such as avatars, virtual space, sound, video, review the plan that we interact with virtual asset exchange at any time to build an environment to monetize virtual goods and have.

SK yunpungyoung Square chief investment officer, said, SK Square will be reborn as a chain block, lead the future innovation as we continue to invest in the met averse attractive investment company specializing in ICT area.

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