NEOPIN Partners with Pala, the Largest NFT Marketplace in South Korea

Key Takeaways

• By integrating both platforms, NEOPIN’s users will experience increased convenience, while Pala will secure a verified global user base.
• Leading expansion for the global blockchain industry through the partnership: Support Pala’s network with NEOPIN NFT partners & connect Pala’s partners with NEOPIN.
• Active collaboration on service improvement and user acquisition, such as building products based on Real World Assets (RWA) and tangible benefits.

We are excited to announce a strategic partnership with “Pala”, the largest NFT marketplace in South Korea, to strengthen our global blockchain expansion. Through the partnership, we plan to integrate NEOPIN and Pala wallets for a mutually beneficial strategy.

When NEOPIN and Pala wallets are integrated, our users will experience significantly enhanced convenience, such as being able to securely transfer NFTs to their NEOPIN wallet after trading on Pala using the virtual assets stored in their NEOPIN wallet. At the same time, Pala will be able to secure verified global NEOPIN users who have completed the KYC and AML processes.

As we both have clear visions and strengths, we will also work to expand the global blockchain ecosystem through the partnership. This includes supporting our NFT partners to connect with Pala, and maximising the strengths of Pala’s blockchain partners through integration with NEOPIN. In addition, we plan to collaborate in various ways to enhance services and secure users, including attracting web2 companies and projects to web3, as well as product composition based on Real World Assets (RWA) and tangible benefits.

About Pala

Pala is a joint venture between Snow, a subsidiary of NAVER, and ALCHERA, an AI video identification company. Since surpassing a cumulative trading volume of $22,000 USD in April last year, Pala has firmly established itself as the number one NFT trading platform in South Korea. It provides a one-stop service for various chains including Klaytn, Ethereum, Polygon, offering services such as NFT minting, trading and LaunchPad. For more information, please visit: https://pala.io/

About NEOPIN

NEOPIN is a CeDeFi service based on DeFi, combining the benefits of CeFi such as KYC and AML. It prioritises trust and stability and offers an NFT wallet in addition to DeFi products. Since announcing an enhanced NFT strategy last year, NEOPIN supports various multi-chain standards such as ‘KIP-17’, ‘ERC-721’ and ‘EIP-5192’ within the wallet.

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