Liquid provides support for GRAM token sale in South KoreaAccording to the latest press release, a subsidiary of Metaps plus Upside Co., Ltd, in collaboration with the crypto exchange Liquid, has acquired the marketing rights for the sale of Gram Token of Telegram Messenger. The sale commenced from 12th to 25th July and is only accessible to customers of Upxide in South Korea.
The Gram token is the TON’s native utility stablecoin from Telegram. While Telegram is a messaging app that is available on mobile phones and desktops, the users of this app are estimated to be over two hundred and sixty million. In 2018, Telegram raised about a little over one (1.7) billion U.S dollars via the sale of tokens that was restricted for the accredited investors to build Telegram Open Network (TON).
The Chie Business Officer of Upside Jisoon Lim stated that it is an honor to support Liquid in the sale of Gram Token, particularly for the market o South Korea. The platform is optimistic that the Upxide customer will have a great experience. He furthermore stated that it seems that Gram’s emergence will likely shape the landscape of crypto space positively.
The Co-founder and CEO of Liquid Mike Kayamori stated that forging partnership with Upside is pretty exciting, as, it is a reliable business partner for offering the sale of the Gram token in the crypto market of South Korea. Greater access of Gram token to the accredited Korean investors is expected in this regard.
Moreover; last year in September, Metaps plus became the first-ever South Korean organization to have acquired a patent in Japan that is related to blockchain, the platform also filed for a patent on May 2019 for a blockchain KYC. Metaps’ objective is the promotion of blockchain technology in Japan and South Korea.
