More Battered Korean Non-Crypto Companies are Paying Attention to the Issuance of Tokens

More large Korean companies from outside the field of cryptocurrency began to get involved in cryptocurrency related businesses – e-commerce giant TMon and chain hotel ananti listed on kostak took action in token issuance.

TMon Coin

According to Newspim, the media, TMon mentioned cryptocurrency payment in its new white paper and seems keen to launch an encrypted asset tentatively called TMon currency, which can be used on its platform. The company has set up an internal working group to work on the creation of the coin.

The token will allow customers to use “payment, savings, discounts and other services”. The company mentioned that using the token to create a “fan” culture, and brands selling their products and services on TMon can reward loyal customers with token “cash back” and gifts.

In South Korea, all forms of token issuance have been completely banned, but more and more people believe that the president-elect Yoon Shuo lie, who prefers cryptocurrency and takes office at the beginning of next month, will seek to reverse this ban — he promised to “review” in his election declaration.

Companies like SK are already laying the foundation for coin issuance “before the end of the year”. If Yin shilie does not lift the ban (implemented for the first time in 2017), companies like TMon and SK can easily issue coins through overseas subsidiaries. Internet giant kakao has launched its own Klay token, taking this approach, although Korean companies are considered to prefer domestic issuance schemes.

New Cryptocurrency Related Project

Meanwhile, edaily reported that the chain resort ananti released some recruitment information to recruit experts related to cryptocurrency. The job description refers to a “new cryptocurrency related project” being carried out by the company.

There are further clues about ananti’s possible coin issuance projects: the recruitment notice requires the candidate to have “experience in establishing or operating a Singapore [subsidiary],” related to coin issuance “, and further refers to” internal virtual currency issuance project “.

Candidates are required to have a “high understanding” of cryptocurrency ecosystem and “working experience in blockchain projects”. South Korean media said that electronics giants such as LG and Samsung may also be paying attention to the trend in this field. It is said that other companies are also interested in their own token issuance.