{"id":24012,"date":"2023-10-16T11:45:27","date_gmt":"2023-10-16T11:45:27","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/virtual-currency-launch-by-korean-telecom-titan-for-metaverse\/"},"modified":"2023-10-16T11:45:27","modified_gmt":"2023-10-16T11:45:27","slug":"virtual-currency-launch-by-korean-telecom-titan-for-metaverse","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/virtual-currency-launch-by-korean-telecom-titan-for-metaverse\/","title":{"rendered":"Virtual Currency Launch by Korean Telecom Titan for Metaverse"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>South Korea\u2019s SK Telecom is entering the metaverse sphere by launching a digital currency named \u201cStone\u201d for its virtual platform Ifland. This initiative, announced on Monday October 16, 2023, aims to boost user engagement and monetize virtual interactions.<\/p>\n<p>With a customer base of over 30 million, SK Telecom has introduced Stone to facilitate the purchase of high-value collectible virtual items and support event or meetup hosts. This move enables influencers to generate revenue by receiving donations from subscribers. Yang Maeng-seog, Vice President and Head of Metaverse CO at SK Telecom, emphasized, \u201cGoing forward, together with creators, we will grow Ifland into a metaverse platform that provides a rich variety of high-quality content to users.\u201d<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>In addition to Stone, Ifland continues offering \u201cPoints,\u201d a free currency earned through event participation or completing virtual missions, enriching the economic dynamics within the virtual realm.<\/p>\n<p>Beyond digital currency, SK Telecom has made a step into non-fungible tokens (NFTs) by enabling the purchase of virtual items through TopPort, an NFT marketplace it operates. This move follows SK Telecom\u2019s web3-related ventures in 2022, including a digital wallet development for cryptocurrencies and a notable investment in South Korean cryptocurrency exchange Korbit.<\/p>\n<p>Through these steps, SK Telecom not only solidifies its position in the burgeoning metaverse domain but also underscores its vision to remain at the forefront of digital innovation.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/korean-telecom-leader-introduces-digital-coin-in-metaverse\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) South Korea\u2019s SK Telecom is entering the metaverse sphere by launching a digital currency named \u201cStone\u201d for its virtual platform Ifland. This initiative, announced on Monday October 16, 2023, aims to boost user engagement and monetize virtual interactions. With a customer base of over 30 million, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24012"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24012"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24013"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}