[News]REAPPAY develops NFT trading platform with Sports Seoul

ReapChain(REAP)
ReapChain Official
Published in
2 min readNov 17, 2021

Reappay, a platform development subsidiary of LN Venture Group, announced on the 16th that it had signed a business agreement with Sports Seoul, a sports media company, for cooperation in the NFT (non-fungible token) trading platform business.

The signing ceremony was held at the Sports Seoul headquarters, and LN Venture Group Chairman Lee Jung-han, Lip Pay CEO Kim Woo-jung, and Sports Seoul Sports Seoul CEO Lee Jang-hyuk attended.

Through this agreement, they agreed to cooperate, such as ▲ building an NFT trading platform ▲ creating a participant-oriented marketplace ▲ expanding and activating the NFT ecosystem.

LN Venture Group plans to invest 2 billion won in the future, and plans to continuously expand NFT-related businesses, including entertainment.

ReapPay CEO, Kim Woo-jung, said “Starting with acquiring a PG license, we have been working hard to expand our business using block chain technology, such as launching untact ordering platform ‘Jangboda’ at the beginning of this year.” We will take the lead in activating the NFT market and expanding the ecosystem by applying block chain’s strengths.”

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