[Asia Economy Reporter Hyunseok Yoo] Izmedia announced on the 11th, “Outside director Randy Zuckerberg met with Busan Mayor Park Hyung-jun to discuss new blockchain-related projects,” adding, “They proposed ways to foster the cultural industry by integrating new businesses with K-content and exchanged views on the infrastructure and development potential of Busan, a blockchain regulatory free zone.”


The meetings between outside director Zuckerberg and Mayor Park took place consecutively on the 10th and 11th at Dongbaek Island Nurimaru APEC House and Haeundae LCT. It was explained that they studied ways to revitalize the field and potential areas of cooperation in the future, with Busan’s ‘Green Smart City’ vision and Zuckerberg’s interest in blockchain as common denominators.


Randy Zuckerberg was newly appointed as an outside director of Izmedia, a KOSDAQ-listed company, in March and is in charge of Izmedia’s NFT (Non-Fungible Token) business. He arrived in Korea on the 6th to kick off Izmedia’s new business and plans to develop a K-content NFT platform by leveraging the knowledge and know-how he accumulated over many years in Silicon Valley.


Busan Mayor Park Hyung-jun said, “Busan is promoting the attraction of companies in various fields such as logistics, tourism, and finance,” and added, “In this regard, I hope Busan and Randy Zuckerberg can work together as partners in the future.”


Randy Zuckerberg emphasized, “Korea is an optimized market for promoting new businesses in high-growth sectors,” and said, “We will continue related discussions to make it like Silicon Valley in the United States.”


Meanwhile, Izmedia announced last month that it is entering a new business by signing an MOU with Greenbox POS, a U.S. Nasdaq-listed company, to develop an NFT platform. Subsequently, it also signed a partnership agreement with MetaLab, a UI/UX (User Interface/User Experience) specialized company located in Victoria, Canada, to design the NFT platform.



MetaLab is a company that has designed UI/UX for Coinbase, the largest cryptocurrency exchange in the U.S., major blockchain company Dapper Labs, as well as Apple, Google, and Amazon.


This content was produced with the assistance of AI translation services.

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