Korbit, one of the leading cryptocurrency exchanges in South Korea, has launched an interesting initiative. In what is perhaps a first for the NFT industry, Korbit on Monday, June 27, announced it has started issuing employee IDs as NFTs. What’s more, the IDs feature CryptoPunk-like avatars! Here’s all you need to know about Korbit’s employee ID NFTs.
About Korbit’s employee ID NFTs
Korbit is one of South Korea’s only five licensed crypto exchanges. Essentially, Korbit decided to issue employee IDs as NFTs in an effort to uplift its sense of community, reported Forkast.
Furthermore, Korbit’s employees first applied for the NFTs in early June 2022. The company then minted their IDs and distributed them to their MetaMask wallets on June 20.
According to Korbit’s OpenSea account, there are currently 80 employee ID NFTs in all. Its project description reads, “It is an NFT issued to celebrate…