• Sat. Mar 11th, 2023

Neopin’s virtual asset wallet service

Bywiret

Oct 4, 2022

Pie Lab Technology (CEO Park Do-hyun), a blockchain technology company, announced on the 30th that it has signed a strategic partnership with Neofin (CEO Kim Ji-hwan), a blockchain company.

Under the signing of the partnership, Neopin’s virtual asset wallet service will be connected to “BMall,” an NFT (irreplaceable token) marketplace operated by PiLab Technology. Neofin’s virtual asset wallet service is characterized by increased “trust” and “stability” by applying strict security guidelines such as KYC (user verification) authentication system and AML (money laundering prevention) policy.

In addition, through partnerships, the two companies will conduct all-round cooperation such as technology support for creating and expanding a sound blockchain ecosystem and commercialization of virtual assets. As part of that, it plans to launch DeFi service products using cryptocurrency BFC and neopin tokens (NPT) issued by Pie Lab Technology’s multi-chain middleware platform “Byprost.”

PiLab Technology is determined to further strengthen its non-mall position in the NFT marketplace market by utilizing this partnership. As Bimol quickly settled in the market by introducing the industry’s first “Community Fe” system that divides NFT transaction fees with users since its official launch in August, it will focus on service completion through cooperation with Neofin and attract new users more effectively.

“Cooperation with major blockchain projects at home and abroad is essential to expand the blockchain ecosystem and secure self-sustainability,” said Park Do-hyun, CEO of PiLab Technology. “We will continue to develop various concerns and efforts to develop the ecosystem, including expanding partnerships.”

Kim Ji-hwan, CEO of Neopin, said, “The connection of Neopin’s virtual asset wallet service to Korea’s representative NFT marketplace, is also part of aggressively expanding Neopin’s ecosystem,” adding, “We will achieve meaningful results in the global market by steadily expanding our partnership.”

Meanwhile, PiLab Technology is a blockchain technology company that operates multi-chain middleware platform Byprost and multi-chain depi service ByFi. PiLab Technology has attracted a total of 14 billion won in accumulated investment from Korea Investment Partners, Kiwoom-Yuanta 2019 Scale-Up Fund, and Stick Ventures in recognition of its technology and scalability. Byprost’s own mainnet will be released in the second half of this year.

Neofin, which has joined hands with Pie Lab Technology, is connecting and expanding its blockchain ecosystem to P2E (Play to Earn), S2E (Service to Earn), and NFT, focusing on various defi services such as staking, wild farming, and swapping. NeoFly, the parent company of Neofin, is a subsidiary of Neowiz Holdings. It has solid technology know-how and experience in the blockchain business, starting in 2018, working as a Clayton governance committee and operating a virtual asset wallet service called “Enblocks” from 2019.

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