A new NFT collection for LGU+

LGU+one of South Korea’s largest telecommunications companies, will issue a new batch of non-fungible tokens (NFTs) next month – as it seeks to strengthen its commitment to the crypto and blockchain sectors .

Source: AdobeStock/Robert

According Money Today and Chosun Ilbo, the company – part of the business empire LG – will release a new collection featuring its octopus-like animated character Moono. Her debut collection, released in May, sold out in just 2 seconds when it was released on the platform. OpenSeavia the blockchain Klaytn founded by Kakao.

In his first collection were characters representing Moonos enjoying each day of the week, and 200 tokens were distributed. The second collection will be much larger, with 1,000 tokens. It will feature Moonos as office workers and their “changing emotions” during “the work week”, the company said.

The company added that all Klay (KLAY) tokens received from the sale will be donated to charity. The company will keep 100 of the new NFTs for “marketing purposes” and sell the remaining 900 NFTs during two sales operations that will take place during the day of September 5. The first sale period will be held from 7 p.m. to 9 p.m., and 300 NFTs will go on sale during it while the last 600 coins will be sold from 10 p.m. to midnight.

The company also added that buyers of five NFTs will be eligible for theme park tickets. Legolandand that anyone completing a series will be eligible for a Moono toy.

LGU+ added that it will expand its operations around NFTs in the coming months and announced that it will soon reveal details of collaborations with the architects behind the popular Klaytn blockchain NFT collections, Shy Ghost Squad and animal punks.

LGU+ is a member of Klaytn’s governance board, along with two other LG companies: LG Electronics and LG International.

As previously reported, domestic media has also suggested that LG, which has been piloting a number of cryptocurrency-related solutions for several years, may be planning to launch its own tokens. SKwho own SK Telecom – the most important rival of LGU+ – has already announced that it will launch a cryptocurrency before the end of the year via its subsidiary SK Square.

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A new NFT collection for LGU+


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