Upside has acquired a marketing right for upcoming token sale of Telegram’s “GRAM” in South Korea
Upside Co., Ltd. (CEO Seungyeon Kim, “Upside”), a subsidiary of Metaps Plus Inc. (CEO Seungyeon Kim, “Metaps Plus”) has acquired a marketing right for Telegram Messenger (“Telegram”) ’s “GRAM” in partnership with “Liquid”, cryptocurrency exchange run by QUOINE Pte. Ltd.. This token sale will be held from July 12 to July 25 in South Korea, available only to “UPXIDE” customers. (Please note that Japan resident CANNOT attend this token sale.)
“GRAM” is a native utility token of TON, the new blockchain from Telegram. Telegram is a cloud-based mobile and desktop messaging app with 260 million users globally. Telegram raised USD1.7 billion in 2018 through a token sale that was limited to accredited investors to build the TON (Telegram Open Network).
Upside provides wide range of crypto related services including cryptocurrency exchange “UPXIDE”, cryptoshop with more than 1,300 goods and token swap etc. Metaps Plus, as the first South Korean company, has acquired a blockchain related patent in Japan in September 2018 and filed patent for “KYC implementer using KYC Blockchain” in May 2019. Metaps Plus is committed to expand the versatility of blockchain technologies in Korea and Japan.
■Comments from Jisoon Lim, Chief Business Officer of Upside
“We are honored to be able to support Liquid in the Gram Token Sale, specifically for the South Korean market. We hope our customers at UPXIDE enjoy this great opportunity. We believe the emergence of Gram will positively change the current landscape of cryptocurrency market as we know it.
■Comments from Mike Kayamori, CEO and Co-founder of Liquid
“We are excited to partner with Upside, one of our trusted business partners to offer the Gram Token Sale in the South Korean cryptocurrency market. We hope this will enable greater access for the Gram Token Sale for accredited Korean participants.
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Founded in 2014, we are a leading global fintech company that operates Liquid.com (“Liquid”), a global cryptocurrency platform that provides trading, exchange, and next generation financial services powered by blockchain technology. With offices in Japan, Singapore, Vietnam, and now the USA, Liquid combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers.
Today, Liquid is the world’s largest crypto-fiat platform by transaction volume, regulated in Japan. Powered by the World Book, which provides customers enhanced price matching and deeper liquidity for various fiat and cryptocurrency pairs, Liquid offers trading services for major cryptocurrencies such as bitcoin and ethereum against fiat currency pairs in Japanese yen, US, Singapore and Australian dollars, and euro.
As part of the Liquid roadmap, we are developing a range of new features and services including a distributed ledger, which will allow other fintech companies to build their products and services on distributed ledger technology.
Upside is a South Korean company dedicated to business layer applications of blockchain and cryptocurrency finance. Upside is a subsidiary of Metaps Inc., which is a Tokyo stock exchange listed entity (TSO: 6172) in charge of cryptocurrency exchange services and Token Generation Event projects. Upside made its debut as a leading blockchain company in 2017 with the PlusCoin ICO.
Upside provides a wide range of crypto related services, including cryptocurrency exchange UPXIDE, a cryptoshop with more than 1,300 goods, and token swaps etc.
Metaps Plus is the first South Korean company to acquire a blockchain related patent in Japan in September 2018. Metaps later filed a patent for “KYC implementer using KYC Blockchain” in May 2019. Metaps Plus is committed to expand the versatility of blockchain technologies in Korea and Japan.