Hancom Group establishes new corporation ‘Arowana Hub’.
– Arowana Hub, a corporation in charge of domestic operations of the Arowana Project
– Active use of Arowana token (ARW) as a point or mileage for Hancom Group’s products and services
– Establishment of a virtuous cycle ecosystem such as expanding token usability through partners, reducing profits, and repurchase of tokens
– Appointment of Jeon Dong-wook, CEO of Hancom MDS, as the new representative of Arowana Hub
Hancom Group announced on the 21st that it has established ‘Arowana Hub’, a new operation company for the Aroona project, and appointed a new CEO of Jeon Dong-wook (Hancom MDS).
Arowana Hub, which is entrusted with the domestic operation of the Arowana project, distributed some of the 500 million tokens held by the Arowana Foundation to domestic partners and announced the establishment and expansion of the Arowana ecosystem through revenue reduction and reinvestment.
Hancom Group companies such as Arowana Gold Jewelry, Arowana Gold Exchange (formerly Hancom Gold Exchange), Hancom With, Hancom Codegate, Hancom Robotics, Hancom Intelligence, and Hancom Academy will participate in the partnership with various companies.
Arowana Hub will distribute Arowana Token in accordance with the distribution and marketing plans of Hancom Group affiliates and other partners, and partner companies will use Arowana Token as points or mileage for their products or services. Partner companies will contribute to the increase in token value by utilizing some of the profits generated through token-linked businesses for token repurchase. In addition, partner companies will return some of their profits from token distribution to Arowana Hub, and Arowana Hub plans to create a virtuous cycle ecosystem by reinvesting all of its profits only in the Arowana project.
To this end, the Arowana Foundation completed the change of its stake, with Arowana Hub holding 95% and Arowana Gold Jewelry holding 5%. For more transparent operation, “Arowana Hub” will perform compliance tasks and compliance monitoring functions through legal advice at law firms and will regularly share distribution information and plans for tokens.
“We have established a domestic operating corporation through consideration and consideration to operate the Arowana project more directly and transparently,” a Hancom Group official said. “We plan to operate tokens to contribute substantially to the growth of digital financial platform businesses and partners.”
The Arowana Project is building a digital asset ecosystem with the aim of transparent gold distribution process by combining blockchain, artificial intelligence, and cloud and providing six digital financial services: ▲ Digital Voucher ▲ Digital Code ▲ Convergence Shopping Mall ▲ Hancom Pay ▲ Digital pawn shop ▲ Arowana Auction. Hancom Group plans to open its first services “Hancom Pay” and “Arowana Digital Gold Voucher Service” in beta on the 30th. (END)