Tag: Kakao

Kakao Prepares to Launch Reverse ICO

It has become apparent that companies tend to take the ICO funding route these days. If the Telegram ICO is any indication, the focus is now on issuing native tokens to sell to VCs and accredited investors. It seems Kakao wants to do the exact same thing, and it’s labeled its crowdfunding effort a “reverse ICO”. The Rise of the Reverse ICO It is quite interesting to see how mainstream companies are trying to tackle the …
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Kakao’s Upbit Exchange Will Support 100 Digital Currencies

Most cryptocurrency enthusiasts will agree that South Korea has become a critical area for this industry. With local exchanges generating high amounts of trading volume every day, South Korea has already overtaken China and Japan in this regard. Bringing more competition to the exchange market is never a bad idea, though. Kakao and Bittrex have announced a joint exchange venture going by the name of Upbit. It’s an interesting concept that should shake …
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