Hallyu Bank, Fandom Chain Mainnet KDC... El Bank Listing

[Asia Economy Reporter Yoo Hyun-seok] Hallyu Bank announced on the 24th that the fandom chain mainnet token KDC (Kingdom Coin) will be listed on the global exchange LBANK on the 27th.

The blockchain mainnet platform fandom chain developed by Hallyu Bank is designed to enable active participation and smooth communication among hundreds of millions of Hallyu fans worldwide by developing the FNS service FANTOO (Fantoo) and linking it with community rewards.

KDC is the governance token of the fandom chain, and mining and node rewards are conducted using the PoSV (Proof of Staking and Voting) consensus mechanism. It is characterized by fair and transparent rewards through a Round-Robin Manner method involving a total of 150 node participants.

The fandom chain is a mainnet platform capable of issuing NFT tokens. Synergistic effects are expected through NFT linkage between the entertainment business and media business conducted by Hallyu Bank.

NFT (Non-Fungible Token) is a non-interchangeable token that proves ownership of digital assets using blockchain technology. Each NFT token represents a unique asset with different values, thus possessing uniqueness and scarcity that are one of a kind in the world.

Due to these characteristics, NFTs initially attracted attention in the art market, but recently their influence has grown as they have entered various fields such as game items, fintech and securities, and entertainment, beyond just artworks.

A Hallyu Bank official stated, “Through the fandom chain mainnet, it is possible to issue NFTs combining entertainment and games,” and added, “We plan to support fandom chain network-based NFTs by combining services of affiliated companies such as Fantoo, a Hallyu fandom network service available in 175 countries that enables fan club creation, social karaoke, real-time translation and messenger, and live broadcasting.”