All Blockchain Funding Startup News in Korea (Korean Startup News)

1Self.World Lands Seed Investment from Bluepoint for AppTech and Web3 Innovation

2024-04-11 2 min read

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1Self.World Lands Seed Investment from Bluepoint for AppTech and Web3 Innovation

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1Self.World, a South Korean blockchain technology firm, has recently received seed funding from Bluepoint Partners. The company, under the leadership of former Kearney partner Cho Changhyun, boasts a team of experts dedicated to bringing Web3 to the mainstream. Cho’s extensive background includes serving as CEO of FSN ASIA, where he gained invaluable experience in planning and executing various Web3 projects, including ICOs and NFTs.

The core mission of 1Self.World is to make blockchain-based Web3 services accessible and straightforward for everyone. Bluepoint Partners decided to invest in the company, citing its clear business vision, team’s expertise, and shared values.

1Self.World is gearing up to launch its inaugural service, MyB, a reward app, this month. MyB offers a unique reward mechanism by “taste verification,” enabling users to participate in surveys tailored to their preferences and earn significant rewards. The app also allows advertisers to perform accurate and reliable marketing through its integration of digital wallets and SBT, showcasing the potential of blockchain technology.

The AppTech market, a blend of applications and financial technology, is witnessing a surge in growth as more people look to curb unnecessary expenditure amidst economic challenges. This trend is evident across a wide age range, from the 20s to the 50s, with top AppTech services achieving high rankings in terms of Monthly Active Users (MAU).

Sera Kwon, a lead analyst at Bluepoint, said, “1Self.World is a rare company equipped with a global vision based on the philosophy of Web3, specific technical capabilities, and business experience. With the AppTech market rapidly growing, we have high expectations for the growth of the MyB service.”

Cho Changhyun, CEO of 1Self.World, stated, “Our ultimate aim is to scale MyB into a global service that bridges advertisers and users through blockchain technology. This new round of investment from Bluepoint is a significant milestone that propels us towards this goal, as we set our sights on pioneering new markets.”

[Korean Blockchain Startup News]



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