Why South Korea’s N-Po generation is excited about crypto

South Korea's young people are known as the "N-Po generation" — a phrase that suggests they were abandoned. But they've found new hope in cryptocurrency.

Amid economic challenges, South Korea is witnessing a surge in interest for digital currency, particularly among its youth — the “N-Po generation”

The N-Po generation — aged 20-39 — is grappling with economic challenges and societal pressures, but finds solace and opportunity in the booming digital market and the promises of Web3 tech.

The generation’s troubles began in 1997 when South Korea faced a severe currency crisis, which led to a significant depreciation of the Korean won and required a bailout from the International Monetary Fund (IMF).

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