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| Logos of Korbit and Save the Children / Courtesy of Korbit and Save the Children |
By Lee Min-hyung
Korbit, a Seoul-based cryptocurrency exchange, has partnered with Save the Children Korea to launch a donation campaign involving non-fungible tokens (NTF).
Under their memorandum of understanding, the exchange operator will hold a series of campaigns by donating NFTs to the non-profit organization's charitable programs, the nation's first crypto exchange said Wednesday.
Save the Children Korea engages in a variety of humanitarian programs here, so as to help young children in need.
"We are pleased to team up with Save the Children Korea for the NFT campaign," Korbit CEO Oh Se-jin said. "Korbit will keep casting a good influence on society by utilizing its blockchain technologies and holding socially responsible campaigns."
Save the Children Korea CEO Jung Tae-young also welcomed the partnership with Korbit, saying deepening ties with the company will benefit the welfare of children.
"Save the Children Korea received a donation via Bitcoin for the first time in the world in 2013 when Typhoon Haiyan hit Southeast Asia and the Philippines," he said. "It is meaningful that we have been able to connect the dots with retail and institution investors who are interested in the rights of children after reaching the NFT partnership with Korbit. We will continue to do our utmost to enhance the welfare of children by holding diverse crypto donation campaigns."
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