We're being treated to a taster of what we can expect in four years time.
For those of you who don't know, Peongchang is around 100 miles from the South Korean capital of Seoul and it will become the third Asian city to host the Games.
In the center of the floor at the Fisht Stadium an elderly man serenades the crowd with his gayageum, a Korean instrument with 12 strings to represent each month of the year.
From there we're transported into a Korean forest of dreams, with giant white orbs being rolled and tossed with abandon by some very smiley performers.
To round off the Pyeongchang presentation, we're treated to a ballad from a singer in the whitest suit I've ever seen.
Sarah, how do you follow that?