Triumph Korea Co., Ltd., a developer of cross-chain-based decentralized NFT platforms, completed the formation of a consortium to expand the metaverse ecosystem with the Dongdaemun-gu Center on April 7, 2023. As a result, Triumph Korea Co., Ltd. said it will serve as a cornerstone for expanding the metaverse ecosystem.

This consortium is expected to be the basis for solving Triumph Korea's concerns about the real economy integration of the NFT ecosystem and the socioeconomic problems of the Dongdaemun-gu Center through collaboration using metaverse and blockchain technologies.

The two companies plan to start building a metaverse ecosystem that includes The Sandbox. Triumph Korea Co., Ltd. is in charge of planning and development support related to metaverse and blockchain technologies, while the Dongdaemun-gu Center supports creators of "Deathi," a metaverse creator organization produced through its own training. It is also in charge of network activation and creator training for small business owners in Dongdaemun-gu.

Triumph Korea stated that building the metaverse ecosystem will provide an opportunity to contribute to the community and create a practical economic connection between the metaverse and NFTs. They aim to achieve this by creating a decentralized DAO system that can solve problems that local small business owners and cooperatives have been unable to solve.

Triumph Korea Co., Ltd. has been operating the NFT launch pad "ENFTEE," and the cross-chain-based marketplace "Sole-x" since 2021, and is attempting to combine them with the real economy by launching NFT projects through collaboration with various companies and organizations. In addition, it was introduced to the media as a company that will lead the domestic metaverse by receiving the second-largest land after SM ENT.'s "Wide Land" during the 2022 The Sandbox K-VERSE Land Sale involving Lotte World and K-League. The market is expected to pay attention to the combination of Triumph Korea's metaverse and the real economy.