South Korean cryptocurrency exchange Korbit said on Monday that it has issued employee identification cards (IDs) in CryptoPunks-inspired non-fungible tokens (NFTs).

See related article: NFT credit card in the works for top S. Korean crypto exchange

Fast facts

  • Various South Korean industries have experimented with NFTs for official documentation, such as graduation certificates.
  • Korbit, one of South Korea’s five fully licensed exchanges, hopes that giving employees NFT IDs can boost the company’s sense of community.
  • Employees applied for the NFTs in early June and their ID tokens were minted and distributed to personal MetaMask wallets on June 20. 

See related article: Hyundai Card building its first NFT marketplace and wallet service