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Rotonda and Hancom Frontis Join Forces for Web3 Ecosystem Growth

Web3 & Enterprise·October 27, 2023, 5:14 AM

Rotonda, the subsidiary of Korean cryptocurrency exchange Bithumb and the operator of cryptocurrency wallet platform Burrito Wallet, has recently announced a memorandum of understanding (MOU) with Hancom Frontis. This strategic partnership is geared towards accelerating the growth of the Web3 ecosystem.

Photo by Shubham’s Web3 on Unsplash

 

3D metaverse platform

In April, Hancom Frontis officially launched a 3D metaverse platform known as a:rz META. This platform offers a wide array of services, including virtual meetings, online education, and telemedicine, all facilitated by the integration of blockchain-powered digital assets.

With the introduction of a:rz META, Hancom Frontis has shifted its focus to Web3-based businesses. The company aims to expand its user base globally through a series of gradual updates.

 

Fostering mutual growth

Through this partnership, both entities are set to embark on several collaborative initiatives aimed at fostering mutual growth. These efforts include sharing resources like personnel, materials, and information, as well as strengthening their business networks. They will jointly engage in research and development of blockchain-based services and work towards enhancing policies for these offerings.

Shin Min-cheol, CEO of Burrito Wallet, expressed excitement about their collaboration, stating that their joint efforts would lead to the creation of an advanced blockchain environment that boasts enhanced technology and services. He also highlighted that Burrito Wallet’s ongoing partnerships with businesses across different sectors would solidify the company’s position in the market as a distinguished wallet provider that offers practical services.

Recently, Burrito Wallet has taken a significant step towards its global expansion by signing a partnership with Japanese blockchain gaming platform Oasys. Meanwhile, the Korean wallet firm has also expanded its support to 11 mainnets, consistently implementing updates to enhance user-friendliness of the platform.

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Policy & Regulation·

Aug 04, 2023

Gyeonggi Content Agency Partners with The Sandbox to Foster Metaverse Talent

Gyeonggi Content Agency Partners with The Sandbox to Foster Metaverse TalentThe Gyeonggi Content Agency (GCA) is teaming up with global metaverse platform The Sandbox to recruit participants for the “2023 Northern Gyeonggi Cultural Creation Hub: Metaverse Creator Training,” aimed at cultivating specialized experts in the field of the metaverse.Photo by GuerrillaBuzz on UnsplashA space for creators within the metaverseThe training program focuses on nurturing creators who will be active in The Sandbox Metaverse platform. Participants will be trained in The Sandbox’s metaverse content creation tools, namely VoxEdit and Game Maker.The Sandbox also plans to allow anyone and everyone to publish and offer the content they create in the LAND — the platform’s virtual real estate space for interacting and showcasing creativity — by the end of this year.“The Northern Gyeonggi Cultural Creation Hub is a regional hub for support and entrepreneurship in design and content convergence. Through various support programs that implement education, mentoring, and startup funds, we are taking the lead in promoting a startup ecosystem with design and storytelling,” said Tack Yong-seok, director of the GCA.About the training programApplications for the program can be submitted through The Sandbox’s official Naver Cafe and the Gyeonggi Cultural Creation Hub’s online portal until August 27. The opportunity is open to anyone interested in pursuing a career as a metaverse creator.The free training course will take place over eight weeks, from September 2 to October 27, at the Northern Gyeonggi Cultural Creation Hub located in Uijeongbu, Gyeonggi Province. Training sessions will be held every Saturday, the GCA explained.“Since 2022, we have collaborated with partners both online and offline to train over 500 creators. We will expand offline education in regions that have had relatively fewer opportunities for metaverse training,” said Cindy Lee, CEO of The Sandbox Korea.

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Web3 & Enterprise·

Nov 24, 2023

Wemade CEO to attend Abu Dhabi Finance Week and Fortune Global Forum next week

Wemade CEO to attend Abu Dhabi Finance Week and Fortune Global Forum next weekHenry Chang, CEO of South Korean blockchain gaming publisher Wemade, will be traveling to the United Arab Emirates to speak at the second annual Abu Dhabi Finance Week — one of the biggest financial and economic events in the Middle East and North Africa (MENA) region — scheduled for Nov. 27 to 30.Photo by Kevin JD on UnsplashExploring the future of financeTouting the theme “Investing in the Transition Era”, this year’s ADFW is organized by Sheikh Khalid Abu Dhabi, Crown Prince of Abu Dhabi and Head of the Abu Dhabi Executive Council. Several organizations such as the Abu Dhabi Global Market (ADGM) and the Abu Dhabi Department of Economic Development are also participating as official partners. More than 10,000 visitors from over 100 countries across the world are expected to attend.Chang will participate as a panelist on Nov. 29 in the “Convergence: Media, Culture and Fintech” panel at Fintech Abu Dhabi, the flagship event of ADFW. The panel will cover topics like the impact of blockchain and decentralized finance (DeFi) technologies on fintech — more specifically, digital payment trends and the future of digital assets and currencies.Wemade’s expansion in the UAEHe will also partake in the Fortune Global Forum 2023, a global conference for CEOs of major global conglomerates also set to be held in Abu Dhabi from Nov. 27 to 29. The forum has been hosted by American business magazine Fortune since 1995 as a platform for member companies of the Fortune Global 500 list to gather and share insights on global issues like innovation and stability and their impact on economic progress. They will also be joined by government officials from various sectors in the UAE, including artificial intelligence, cybersecurity, oil and gas, industrial automation, healthcare and telecommunications.Wemade has been making strides to expand WEMIX3.0, its borderless Web3 mega-ecosystem, in the MENA region. The company opened an office in Abu Dhabi earlier this year.

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Web3 & Enterprise·

Jun 09, 2023

Shinhan Bank Advances into Metaverse with the Launch of Shinamon Season 3

Shinhan Bank Advances into Metaverse with the Launch of Shinamon Season 3According to a report by local news media Dailian, Shinhan Bank, a prominent financial institution in South Korea, has made a stride in its metaverse endeavors. The bank announced yesterday the launch of Shinamon Season 3, a metaverse platform, accompanied by a series of celebratory events to mark its implementation.Photo by Richard Horvath on UnsplashMerging financial & non-financial realmsShinhan Bank claims it is the first Korean bank to independently develop a metaverse platform. With the launch of Shinamon Season 3, the bank has merged the financial and non-financial realms, providing customers with access to a user-friendly platform that offers fun and engaging experiences.In Shinamon Season 3, Shinhan Bank has enhanced its financial services by replacing mobile gifts with reward points and providing additional benefits to customers who make transactions through the bank.Personalization and enhanced servicesAfter gathering customer feedback over the past two seasons, Shinhan has made enhancements to the platform’s environment and interface. Additionally, they have introduced the ability for customers to personalize their characters’ costumes. Looking ahead, the bank intends to leverage NFT wallets to help customers reach other platforms.To celebrate the release of Shinamon Season 3, Shinhan Bank is organizing special events that will grant rewards to customers who join the metaverse. Participants of Shinamon Season 3 who engage in daily quests will have an opportunity to win enticing prizes, including electronic devices, free fried chicken coupons, and reward points.A Shinhan Bank official said that customer feedback was given top priority in the preparations for the launch of Shinamon Season 3. The official added that will continue to reflect customer needs and integrate a diverse range of financial services. This approach aims to create a metaverse platform that closely resonates with real-life experiences, making it more relatable for customers.

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