“Go for worthless coins”… SME business into the blockchain ecosystem

ddm-town관리자
19 Aug 2022

Andus, held a ‘Blockchain Startup Ecosystem’ conference with Korea Small and Medium Business Association


Edaily Sponsorship… Dongdaemun Merchant Cooperative and Dongdaemun NFT Promotion


Venture capital Greenstone Capital Switzerland collaborates with accelerator SID Partners



Andus CEO Park Seong-joon (fourth from left in the front row) at the

 Grand InterContinental Hotel Seoul on the evening of the 2nd at Dongdaemun Merchants Cooperative,

Greenstone Capital Switzerland, an overseas venture capital company, SID Partners, a domestic accelerator, World Blockchain Summit Marbles, and

  Nanum Win-Win Platform Co., Ltd., I-Startup Lab Co., Ltd., a university-affiliated accelerator, etc.

  A business agreement was signed for the revitalization of a blockchain-based startup ecosystem. Photo = Reporter Kim Hyun-ah



“If you enter the world of blockchain without a middleman, you can help SMEs innovate through the token ecosystem and create a sustainable private-led startup ecosystem.”



Andus CEO Park Seong-joon explained the reason for implementing blockchain-based SME business together with Korea Small and Medium Business Development Association at the '2022 Blockchain-based Startup Ecosystem Revitalization Conference' held on the evening of the 2nd. .



It is the small and medium-sized enterprises (SMEs) that companies that create value with their own businesses enter the blockchain ecosystem on Korea's fast and secure computers and networks to create blockchain services and distribute valuable tokens (coins) in the capital distribution market (cryptocurrency exchange). It means that it is a shortcut to save the country and provide good jobs to young people.



This event was co-hosted by Andus with domestic accelerators SI Partners and Korea Small Business Development Association. Edaily participated as a media sponsor.



“Creating a sustainable startup ecosystem led by the private sector based on blockchain”



Andus CEO Park Seong-jun is a domestic crypto expert who also serves as the head of the Dongguk University Blockchain Research Center. He has served as a senior researcher at the National Security Research Institute (NSRI) and a team leader at the Korea Internet & Security Agency (KISA)-based technology research center. “Imagine the Internet revolution in the 1990s. Now, on the second internet, blockchain, new innovative companies will emerge and they will take over the wealth and power of the future.”



He continued, “Blockchain will lead a trust revolution by expressing the value of the tangible and intangible assets created by us as digital values (tokens). Let’s make it,” he suggested.



‘Comprehensive support plan for Dapp service companies’ announced by Seong-Jun Park, CEO of Andus. Dapp is an abbreviation for ‘Decentralizaed Application’.


It refers to a decentralized decentralized app that operates on a platform coin capable of smart contracts such as Ethereum and Andus Chain.




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Kim Young-sik, general manager of Jangle, a blockchain and cryptocurrency evaluation agency, 

is giving a presentation on the theme of “The core elements of a growing blockchain company.”



“Token evaluation, the present value, not the future value, is important”



Kim Young-sik, general manager of Jangle, who participated as a lecturer, also said, “Tokens must have intrinsic value. It will be 100,000 won later. The same thing doesn't work." He said, “Economic activities take place in Dapps (decentralized decentralized apps that operate on a platform coin capable of smart contracts) and a rotating economy must be built within it. The token should have its intrinsic value,” he emphasized. He added, “How important governance and how the community works together to create a token economy is important.”



At the event, Director Lee Hwan-ho of the Korea Small and Medium Business Development Association also introduced the “Andus Chain-based company selection support project.” Director Lee said, “We think of them as management advisors for small and medium-sized enterprises. This year, we plan to select 10 companies to support publication of white papers and technical consulting.” It was also reported that the association received inquiries about business such as sports clubs and used car trading platforms.



Hwan-ho Lee, Secretary General of the Korea Small Business Development Association, 

is introducing the ‘Andus Chain-based company selection support project’.





More than 80 companies participated... Business agreements with venture capital



A total of 150 people participated in the conference, including 80 companies interested in the token ecosystem, 40 investment-related companies and institutions such as asset management companies, accelerators and venture capitalists, and 20 journalists from media companies including E-Daily.



At the event, a business agreement was signed with domestic and foreign accelerators and venture capitalists to prepare a support system in various aspects necessary for blockchain-based startups.



CEO Park Seong-joon signed a business agreement with the Dongdaemun Merchants Cooperative for the globalization of the Dongdaemun market, the launch of an integrated distribution platform that innovated the distribution structure, and the realization of the Dongdaemun Town NFT ecosystem to promote the excellence of K-FASHION and enhance its image.



Greenstone Capital Switzerland, an overseas venture capital company, SID Partners, a domestic accelerator, World Blockchain Summit Marbles, and Nanum Win-Win Platform have also signed agreements.



A business agreement was signed with I-Startup Lab, a university-affiliated accelerator, to establish a close cooperative relationship, and also signed a business agreement with Token Post, a media company specializing in block chain and cryptocurrency.




A scene where Greenstone Capital Switzerland and Dongdaemun Merchants Cooperative signed a contract to attract investment in Metaverse.



As part of such a stable support project, Greenstone Capital Switzerland, an overseas venture capital firm, and Dongdaemun Merchants Cooperative signed a contract to attract investment for the Dongdaemun Town Metaverse project on the same day.



Congratulatory speeches were delivered by Oh Jeong-geun, Chairman of the Korea Financial ICT Convergence Association, Baek Yang-soon, Chairman of Korea ICT Convergence Association, Park Bong-gyu, Chairman of World Blockchain Summit Marbles, Kim Hyung-joong, Professor at Korea University, Lin Ku Tae-eon, Attorney at Law Firm, and Token Post CEO, Yo-han Toyohan.



Andus CEO Park Seong-joon said, “We plan to hold this conference regularly every year rather than a one-time event to continuously promote the revitalization of the blockchain-based startup ecosystem. We will suggest the necessity and urgency of the government’s blockchain and cryptocurrency-related policies by achieving meaningful results through the activation of the ecosystem.”



https://www.edaily.co.kr/news/read?newsId=02214006632358112&mediaCodeNo=257&OutLnkChk=Y


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