South Korean Golf Star Lee Ye-won Wins Crypto Prize at Tour Event

Crypto News
Crypto News

20 Nov 2023 12:30 AM

The South Korean pro golfer Lee Ye-won has scooped a crypto prize worth over $457,000 by winning a KLPGA Tour event in Busan....

  • South Korean pro golfer Lee Ye-won won a KLPGA Tour event in Busan and received a crypto prize worth over $457,000.
  • The event was sponsored by WeMade's crypto and blockchain gaming subsidiary.
  • Lee was awarded 250,000 WEMIX tokens instead of fiat prize money.
  • WeMade provided a total of 1 million WEMIX tokens as prize "money" for the tour.
  • NFTs were distributed to golfers who made the cut for the second day of the event, and NFT tickets were issued.
  • WeMade faced delisting of its WEMIX coin due to irregularities in data about the number of coins in circulation but has since relisted it on two exchanges.
  • WeMade aims to restore its reputation and establish itself as the leading gaming-related token in South Korea.
  • Crypto and golf have had a mixed relationship, with some golf clubs accepting Bitcoin payments and a crypto community attempting to buy a Scottish golf course.
  • The South Korean golf world was shocked when a former national golf team coach was accused of bribing crypto exchange officials to list an altcoin.

The article provides a positive outlook on the success of Lee Ye-won in winning the KLPGA Tour event and receiving a crypto prize. It also highlights WeMade's efforts to regain support for its token and the mixed relationship between crypto and golf.

Go to publisher site

You May Ask

Who won the KLPGA Tour event in Busan and what was the value of their crypto prize?What company sponsored the event and what is their relationship with crypto and blockchain gaming?How were NFTs used in the event and what other prizes were distributed?Why was WeMade's WEMIX coin delisted and how did they manage to relist it?What controversy occurred in the South Korean golf world involving a former national golf team coach and crypto exchange officials?

Suggested Reads