The Far Eastern country may soon return to the forefront of the blockchain industry as its population is increasingly using NFT. South Korea's reputation as a leader in trend-setting and technological research is rapidly spreading in the blockchain state as a nonfunctional token. (NFT) adoption has skyrocketed in small countries in East Asia.
As of 2020, South Korea is among the top-10 countries in the world in the World Intellectual Property Organization's Global Innovation Index. This level of innovation has made it clear to gamers through tech giants such as Samsung and LG and game maker Crafton to retail customers worldwide.
Those companies, and many like them, are now entering the NFT space by dropping new collections to customers and launching their company divisions dedicated to NFT development.