The only web series festival in Asia, K-Web Fest, closed its doors Friday two days after its first-ever launch in South Korea, Yonhap reported.

The festival celebrated web dramas — an increasing market for smartphone users, who can watch short five- to ten-minute videos on the go — as well as other web content.

Kang Seung-yoon, K-pop boy band WINNER vocalist and actor, was awarded the Best Actor prize for web drama “We Broke Up,” and 2ne1′s Sandara Park the Actress counterpart for “Dr. Ian,” inside Seoul’s The-K Hotel.

“South Korean web series production is still in its beginning stages, but its influence will increase thanks to our outstanding IT and mobile infrastructure,” said Eun Sung-hee, head of JS Top Entertainment, festival host. “Through the introduction of Korean web series through this festival, we’re working hard to bring K-web series into the same Hallyu spotlight as K-pop and K-dramas.”

K-Web Fest introduced 110 projects, including 80 from overseas and 20 local, and was attended by Los Angeles Web Fest Executive Director Michael Ajakwe.

The event was sponsored by the South Korean Ministry of Culture, Sports and Tourism, the Korea Creative Content Agency, Seocho District and GB Boston Investment Company.

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