South Korea has witnessed a mass exodus of its blockchain developers in recent years, with an alarming 90% having left the country over the past seven years. This exodus is primarily attributed to a dearth of funding opportunities for blockchain companies within South Korea, such as corporate accounts and initial coin offerings (ICOs). In search of more favorable conditions, these developers have migrated to countries like Singapore and Hong Kong, further exacerbating South Korea's talent shortage in the blockchain sector.