The 2018 PyeongChang Winter Olympics officially kicked off at 8 p.m. Friday with a spectacular opening ceremony.
More than 29-hundred athletes from 92 nations are taking part in the event, the largest in Winter Olympics history. There are also a record 102 gold medals up for grabs this year in 15 sporting events.
North Korea is among those participating at the Games in a move aimed at improving Seoul-Pyongyang relations and creating an Olympics of peace.
The U.S has sent the largest delegation from any single country in the history of the Winter Games, with around 240 American athletes competing at PyeongChang.
Team Korea consists of one-hundred-46 athletes, who will be hoping to achieve the country’s targeted fourth place finish with eight gold, four silver and eight bronze medals.
Meanwhile, six nations are taking part in their first Winter Olympics, including Malaysia, Ecuador, Singapore and Nigeria.
The competition is being held in Pyeongchang, Gangneung and Jeongseon, with most snow events taking place in Pyeongchang and all ice events in Gangneung.
It represents the second time Korea has hosted the Olympics, following the Seoul Summer Olympics in 1988.
The nation took part in the Winter Games for the first time in 1948 and has now become a host nation 70 years later.
It's also only the second Winter Olympics held in Asia after the 1998 Nagano Games in Japan 20 years ago.
South Korea has also become only the fifth country in the world to host all four major sports events -- the Summer and Winter Olympics, the soccer World Cup and the IAAF World Athletics Championships.
The other four countries are France, Germany, Italy and Japan.
But the most meaningful achievement will be to host a peaceful Olympics, following an escalation in the North Korean nuclear crisis last year.
A unified inter-Korean team is competing in women’s ice hockey, while the two Koreas marched together in the opening ceremony under the flag of a unified Korean Peninsula.
North Korea sending its art troupe, cheerleaders and a high-level delegation to South Korea has also created a momentum for dialogue.
Despite the Olympic ban on Russia over its doping scandal, individual Russian athletes are still able to participate in the Olympics under a neutral flag if they proved they hadn’t violated anti-doping protocols.
The Games continue through February 25 for 17 days.