Flask Takes Strong Action Against Malicious Rumors of Sharp Stock Price Drop... "NFT and Blockchain Businesses Are Progressing Smoothly"

[Asia Economy Reporter Jang Hyowon] Flask stated on the 16th regarding the sharp drop in its stock price, "There are absolutely no internal factors that could negatively affect the stock price," and added, "The malicious posts circulating on some online boards are completely baseless falsehoods."

It continued, "We are preparing smoothly for next year without any delays in business progress, so we are bewildered by this sudden situation," and said, "We will respond strongly to unfounded rumors that damage corporate value and will take strong legal action against the dissemination of false posts."

Flask is actively advancing its NFT (Non-Fungible Token) and blockchain business through its subsidiary Fandom Korea. Last November, Fandom Korea successfully launched the beta service for the 'Episode Trip NFT,' a Qatar World Cup travel product. Through this, they plan to expand NFT platform operation services and provide various benefits and satisfaction to creators and fans via their own NFT platform.

At the end of the year, they will officially launch the NFT platform service 'Fandom.' They will release NFT products in collaboration with domestic artists. Starting early next year, a P2P (peer-to-peer) service that allows anyone to easily buy and sell NFTs will be implemented, collaborating with numerous TikTokers and fashion brands.

Meanwhile, the Fandom platform features easy login through TikTok accounts with over 1 billion users. NFT content can be purchased through verified sellers within its own curation system. Various payment methods, including virtual assets, will be introduced to enable even NFT beginners to make payments easily.