That is following the announcement of Hanryu Financial institution’s IPO promotion for itemizing on NASDAQ within the U.S. on the twenty second, and Hanryu Financial institution stated it is going to formally submit listing-related paperwork to the U.S. SEC and maintain a face-to-face roadshow for IPO within the U.S.
For the FANTOO reward system, its subscriptions and downloads are rising quickly because the collaboration between FANTOO and blockchain created a synergy of the growing worth of FANTOO.
FANTOO customers can earn KDG (secure token circulated in FANTOO) by taking part locally actions reminiscent of importing content material, clicking the like button, and the KDG will be exchanged to the governance token KDC.
Swapping KDG into KDC via FANTOO BANK is feasible, and KDC will be straight traded in listed exchanges. KDC has formally listed on international exchanges LBank and XT.COM, so it’s potential to earn revenue via fandom actions.
Notably, within the case of governance token KDC, discussions are actively underway with main home and overseas exchanges for added itemizing, and extra itemizing of KDC is scheduled inside this yr.
KDG can be utilized in varied platforms of Hanryu Financial institution reminiscent of the easy cost platform ‘FANTOO BANK PAY’ and relaying NFT platform ‘FANTOO NFT’. As it’s based mostly on the Korean Wave fandom, it plans to permit not solely home but additionally abroad international customers to make use of it all around the world with out borders.
50% of the promoting income of the FANTOO platform is deposited, and KDG is issued as a lot because the remaining 50% and distributed pretty to customers.
The Hanryu Financial institution official defined its purpose and background for the collaboration with blockchain saying, “Whereas present content material platforms reminiscent of YouTube are rewarding creators solely, FANTOO would be the first case by which not solely creators but additionally customers might be rewarded as contributors to the group by giving rewards to group members.”
Additionally stated:” The usNASDAQ itemizing might be a chance for our international Korean Wave platform FANTOO to advertise in U.S market and develop into the worldwide Korean Wave platform concurrently. And to satisfy the expectations of customers, we are going to shortly proceed with the itemizing course of in order that we are able to proceed to take a position in addition to improve varied contents and providers.”
In the meantime, as FANTOO in direction of international service as a social networking platform for 100 million international followers all around the world, international customers are potential to conveniently talk with one another and carry out fandom actions with in-time translation operate in all providers.
SOURCE Hanryu Financial institution