<p>Korean crypto exchange Korbit <a href="https://www.wowtv.co.kr/NewsCenter/News/Read?articleId&#61;A202309210042&amp;t&#61;NN" rel="noopener noreferrer nofollow">said</a> Thursday that it is participating in the Cambodia Youth Independent Tuk-tuk Transportation IG Group organized by the Good Neighbors Global Impact Foundation to help create jobs and support economic stability for youths in Kampot, southern Cambodia. To do so, the exchange has launched a campaign with Korean credit card company Shinhan Card and the Good Neighbors Global Impact Foundation to issue environmental, social, and governance (ESG) donation certificates minted as non-fungible tokens (NFTs).</p><p>Tuk-tuks, or auto rickshaws, are the main mode of transportation in Cambodia, offering a larger job market for youths who are looking to become financially independent. Yoo Tae-hyun, Head of the Platform Business Group at Shinhan Card, expressed his hopes that the campaign will empower the youths and help them become more independent.</p><h2 id="header-0">Campaign participation</h2><p>Shinhan cardholders who wish to participate in the campaign can select “Tuk Tuk Donation Certificate NFT Campaign” found under the Areumin section in Shinhan’s app service Shinhan pLay. They can then make a donation with their card or card points and apply for an NFT. Korbit said that it would airdrop all NFTs to donors at the end of the campaign in December, which can be verified on Korbit’s NFT marketplace and Shinhan pLay app’s MyNFT service. The images minted on the donation NFTs, which depict Cambodian youths on tuk tuks, are a contribution from Park Hye-geun, an artist who has worked on children’s books, educational materials, and more.</p><p>Notably, during a memorandum of understanding (MOU) signing ceremony last Monday, the three entities opted for an NFT certificate confirming their partnership instead of directly signing a document as a means to further implement NFTs into their collaboration.</p><h2 id="header-1">Boosting ESG efforts</h2><p>“We are pleased to contribute to creating a trend of making donations through NFTs and will continue to uphold our ESG management to have a positive impact on society,” said Oh Se-jin, CEO of Korbit. Meanwhile, Hyun Jin-young, CEO of the Good Neighbors Global Impact Foundation, applauded Korbit’s efforts to promote a culture of donation and address global social issues through the use of NFTs. He also stated that he looks forward to various technological collaborations with Korbit in the future.</p><p>Korbit has previously worked with Shinhan Card on various cultural and artistic ESG activities, such as hosting an <a href="https://medium.com/&#64;coinness.gl/korbit-collaborates-with-shinhan-card-for-2nd-round-of-nft-airdrop-a399182eb100" rel="noopener noreferrer nofollow">art fair</a> in April in Seoul, where some 200 artists showcased their artworks.</p>

Korbit Joins Hands with Shinhan Card and Good Neighbors for NFT Campaign

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