UK Sport's investment for the Sochi 2014 Winter Olympics and Paralympics cycle was £14million.
Taeyang's Olympic song was announced last June, but was released to coincide with increasing activities in South Korea ahead of the Olympics, including the torch relay, which has also featured Korean entertainers as torchbearers.
The games will begin on February 9, and will reach until February 25.
'The best way to describe this is "Theatre of Jeopardy".
Lizzy Yarnold was Britain's sole gold medal victor in Russian Federation four years ago, while David Murdoch's men's curling team won a silver and Eve Muirhead's women's team claimed bronze - the fourth medal was a bronze from Jenny Jones in the women's slopestyle snowboarding competition.
"However, this is a particularly stretching target given the high risks, low margins for error across a range of events we have medal opportunities in, and in some events more unpredictable outdoor terrains that our athletes will need to skilfully navigate". Verizon has announced that it's waiving global roaming fees for customers who are going to attend the Winter Olympics.
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Germany looks set to benefit the most in Russia's absence, picking up an additional five medals in total to top the virtual medal table.
Short-track speed-skating has been given a target of one to two medals, based on the talents of Elise Christie.
NBC presented some VR content during the 2016 Olympic Games in Rio de Janeiro, but those events were made available the following day, rather than live.
Kasai ranks 38th in this season's World Cup standings.
The South Korea ambassador His Excellency Joonkook Hwang welcomed the likely participation of neighbours North Korea in the Games.
South Korea has also offered to march out during the opening ceremonies alongside its northern counterparts.