Korea Technology in Final Stage of NFT Whitepaper... "Business Sailing Smoothly"

[Asia Economy Reporter Jang Hyowon] Korea Technology, a KOSDAQ-listed company, announced on the 14th that the whitepaper for its newly launched real estate NFT business is entering the final stages of preparation, accelerating progress in the related project.

Previously, at a corporate presentation, Korea Technology revealed a detailed blueprint for the new business, expressing its intention to successfully enter the blockchain market, estimated at 3,200 trillion KRW, and become a game changer in the real estate sales market.

The upcoming whitepaper for the ‘HAUS COIN’ is reported to include ▲the principles of the coin ▲business background ▲token economy ▲revenue structure, among other details.

Korea Technology plans to lead a paradigm shift in the domestic real estate market through innovative technology and meticulous ecosystem development alongside the whitepaper release. Following the recent corporate presentation, the company has received numerous cooperation inquiries from various real estate-related firms and is currently in the phase of selecting and commercializing targets that can be integrated with NFTs.

A company representative stated, “HAUS COIN plans to establish its own infrastructure and ecosystem, similar to Bitcoin and Ethereum,” adding, “It is expected to become an icon of real estate coins, not just one among many coins.”

The representative also addressed the recent stock price decline, describing it as a temporary phenomenon caused by misunderstandings about the company and expressed confidence in sufficient momentum for a rebound.

The company official explained, “The recent series of stock price drops were due to misunderstandings caused by the re-delivery of cases that had already been suspended by the court,” and added, “We will strictly take legal action against those spreading false information and fake news.”

Furthermore, the representative stated, “We will do our best to ensure that the company is properly valued by leading the 4th Industrial Revolution in the domestic real estate market through the new business we are pursuing.”