Lotte Innovation (CEO Koh Doo-young) announced on the twenty second that NFT (non-fungible token) platform Cottonseed has opened the ‘DDP NFT Gallery’ in collaboration with Dongdaemun Design Plaza (DDP), starting NFT collaboration within the cultural and artistic field.
Lotte Innovate Cottonseed and DDP will issue NFTs for various festivals and events scheduled to be held sequentially at DDP from August of this 12 months to January of next 12 months. Limited NFTs containing the meaning of every event will be received on a first-come, first-served basis through the ‘DDP NFT Gallery’ on the Cottonseed homepage.
It was announced that the primary collaboration will probably be issuing an NFT to commemorate the ‘DDP Summer Festival: Design Vibe’ event that will probably be held starting in August. The primary 2,500 people will give you the chance to receive them without cost until the twenty sixth. This NFT collection, consisting of a complete of 4 items, consists of works by artist Yoon Ho-seop and works by the Seoul Design Foundation.
Lee Won-jong, head of Lotte Innovation’s Smart Retail Division, said, “We’re delighted to give you the chance to collaborate with DDP, a landmark representing Seoul, through NFTs. We are going to provide a novel experience that captures various moments eternally as NFTs.”
Reporter Jang Se-min semim99@aitimes.com
