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BTS's RM is said to have presented a PPT Presentation to HYBE executives to propose a change in the company policy regarding NFTs - allkpop
Jan 23, 2023 1 min, 0 secs
Momentica, a non-fungible token (NFT) platform created by Dunamu, the operator of Korea's number 1 virtual asset exchange, and HYBE, is showing poor performance.

Momentica is a platform that trades virtual assets that can restrict users' transactions at any time according to the judgment of Levels(a joint venture between Dunamu and HYBE) and blocks screen capture at the source.

According to Momentica's terms, " Levels may, in its sole discretion, decide whether or not to allow you to trade certain or all takes with other users by providing or restricting access to certain related features on the Platform."

However, it is pointed out that it is an excessive intervention to exert control over the platform's user base for the reason of identity authentication without specifying the target of use restriction for 'users with issues.'

There is also criticism that it is an expected result that crypto investors do not participate in a platform that may infringe on their property rights according to the judgment of the operator.

BTS has a substantial impact on their agency, and it is said that leader RM had made a PPT (PowerPoint) presentation to HYBE executives to change the company's policies on NFTs and it received favorable responses.

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