Crypto.com Scores MPI License in Singapore

DeSpread and Crypto Times Team Up to Bridge Blockchain Information Gap in Korea and JapanDeSpread, a Web3 consulting company based in South Korea, has announced a partnership with Crypto Times, a blockchain media outlet owned by Japanese digital media company Rokubunnoni. The goal of this collaboration is to tackle information asymmetry in the blockchain industries of both countries and expand their global blockchain services.Photo by Ketut Subiyanto on PexelsLeveraging respective expertiseDeSpread intends to leverage its knowledge of the Korean and global markets to assist international Web3 projects in entering the Japanese market, with the ultimate aim of integrating the global Web3 industry into Japan. Recognizing Crypto Times’ thorough understanding of the Japanese market and its culture, DeSpread has chosen to collaborate with them.Sharing market analysesAs part of their partnership, both companies will localize their research reports on a regular basis to share market analyses of the two countries. To start off, Crypto Times will distribute a paper related to the latest trends of zkSync for free. Subsequent papers will be published on DeSpread’s Scribe channel on the digital content monetization platform Access Protocol.The collaboration also aims to provide a comprehensive consulting and marketing solution for Web3 projects seeking to expand into Korea, Japan, and other markets.Creating synergiesRokubunnoni Co-founder Shingo Arai expressed his belief that the cooperation between DeSpread and Crypto Times will create synergies within the Korean and Japanese blockchain industries. Arai expects that the combined expertise of the two firms will offer valuable insights into the Web3 market, delivering new perspectives. He also highlighted that Crypto Times’ research platform, CT Analysis, will improve its services and provide a greater variety of content to its readers, further contributing to the Japanese crypto market.Echoing similar sentiments, Earl Cho, the head of the Japanese business division at DeSpread, emphasized that the collaboration will facilitate the entry of more Web3 companies from Korea and abroad into the Japanese market. Cho expressed hope that this opportunity would unite the efforts of both countries, enabling the East Asian market to better connect with the global market in the Web3 sphere and positioning East Asia as a leader in the crypto industry.

Netmarble’s Blockchain Platform Plans Tokenomics Overhaul for MBX TokenNetmarble, a South Korean gaming company, announced today that its blockchain subsidiary MARBLEX revealed a plan to revamp the tokenomics of its native MBX token.Fate of 670 million MBXAs part of this overhaul, MARBLEX will conduct a vote to determine whether to burn 670 million MBX tokens, which do not belong to the distribution plan. The total number of issued MBX tokens amounts to 1 billion.The vote will be held on its Discord channel and the decentralized governance platform Snapshot. Participants eligible to vote are holders of Marbleship NFTs and MBX tokens. The final decision will be reached on July 10. If consensus is reached to burn the tokens, the specific burn schedule will be disclosed at a later date.Photo by Sergio Vilches on UnsplashEnhancing MBX utilityStarting from the third quarter of this year, MARBLEX plans to introduce an improved token burn policy and system. The aim is to expand the utility of the MBX token and establish an ecosystem that is sustainable, transparent, and reliable.MARBLEX is a gaming blockchain ecosystem that offers users the opportunity to play games while earning and trading cryptocurrencies. The platform currently supports games such as A3: Still Alive, a battle royale MMORPG; Ni no Kuni: Cross Worlds, a fantasy MMORPG; and The King of Fighters ARENA, a fighting game.According to Coinmarketcap, the MBX token is listed on six centralized cryptocurrency exchanges (Bithumb, Huobi, Bybit, Gate.io, MEXC, and Indodax) and Klayswap, a Klaytn-based decentralized exchange. Klaytn is an open source public blockchain developed by Korean social media giant Kakao Corp.

NEAR Foundation and Dongdaemun District of Seoul Forge MOU to Boost Web3 IndustryThe NEAR Foundation, the organization behind blockchain network NEAR Protocol, announced today its memorandum of understanding (MOU) agreement with Dongdaemun District of Seoul, the South Korean capital, to promote the Web3 industry.Photo by Farrel Nobel on UnsplashMutual support and growthIn this collaborative partnership, both parties aim to establish a framework that fosters mutual support, growth, and development. Their joint efforts will encompass initiatives such as streamlining administrative processes, introducing tax benefits, implementing talent incubation programs, and creating communication channels to ensure a seamless workflow.One-stop administrative hubProjects entering the NEAR ecosystem will have access to a convenient one-stop administrative hub responsible for regulatory approvals. They will also benefit from local tax exemptions for a specific period and receive a dedicated workspace for project operation and development. These supportive measures are anticipated to play a significant role in facilitating their entry into the Web3 sector.NEAR Protocol stands out as a layer-1 blockchain that lowers the barriers to Web3 adoption. This is achieved through its FastAuth feature, which enables users to effortlessly create accounts for any website or application that integrates with the Blockchain Operating System (BOS). BOS is a solution that enables developers to build on any blockchain using familiar programming languages.Business and job opportunitiesLee Pil-hyeong, Head of Dongdaemun District, expressed his enthusiasm for the partnership with the NEAR Foundation, highlighting its potential to offer innovative business opportunities to the younger generation in the district. He emphasized Dongdaemun’s commitment to consistently creating jobs and delivering job support programs.Use cases in public-private sectorsMarieke Flament, CEO of the NEAR Foundation, shared a similar sentiment, expressing her excitement about the chance to nurture the Web3 industry in South Korea, a country renowned for its world-class talent pool. She outlined NEAR’s plans to offer education and support with the goal of cultivating a sustainable ecosystem. Flament believes that NEAR’s collaboration with Dongdaemun will lead to the discovery of valuable use cases in areas where the public and private sectors collaborate.