Subscribe

In the NFT sector, South Korea’s top blockchain is facing more competition.

  • The NFT market in South Korea could be on a path for even more expansion following the Nov. 5 government ruling that NFT purchases will not incur taxes.
  • As South Korean NFT collectors become more accustomed to global NFT trends, alternatives, such as Ethereum layer-two scaling network Polygon, present a potential threat to Klaytn’s dominance.
  • Korean NFT enthusiast Karl Hyun also feels that Polygon is better suited for the NFT market than Klaytn.

[Via]

0
0
0
Share 0
Tweet 0
Share 0
Via
Join 2 million subscribers





subscribe to the nextbigwhat newsletter​

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.

More news »

Total
0
Share
nextbigwhat We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications