Domestic virtual asset exchange Korbit announced on the 11th that it will sell NFT PASSes for the jazz festival 'The 20th Jarasum Jazz Festival.'


This non-fungible token (NFT) PASS, issued through a partnership between Korbit and SK Planet, can be purchased on the Korbit website until the 3rd of next month. Customers who purchase the PASS can enter the 20th Jarasum Jazz Festival held from the 7th to the 9th of next month at Jarasum in Gapyeong, Gyeonggi Province. NFT PASS buyers will be provided with a special admission band, and the first 100 customers to purchase will receive a T-shirt featuring the names of artists performing at the festival. Additionally, 10 people will be selected by lottery to receive Korbit 10th anniversary commemorative goods.


Meanwhile, Korbit plans to immediately provide 10,000 KRW worth of Bitcoin to all customers who sign up as new members on Korbit through the QR code in the program book available at the festival site, complete customer verification, and link their Shinhan Bank account.


Customers who purchase the NFT PASS must prove ownership of the NFT on-site when entering the festival, and once purchased, the NFT PASS cannot be shipped or transferred.



Kim Il-gwon, Head of Business Development at Korbit, said, "We are pleased that Korbit can meet customers again this year using NFTs at Jarasum Jazz Festival, a representative outdoor music festival in autumn, following last year." He added, "Going forward, Korbit plans to increase customer touchpoints at various offline events."


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

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