[NEWS] ‘Yonsama’ Bae Yong Joon Investment ‘QUEENBEE Token’ Listed on Bithumb
Cryptocurrency invested by Yon-sama Bae Yong-joon and participated in the development will be listed on Bithumb, the top-tier exchange in Korea.
Bithumb announced on the 21st that it will list a new QBEE token, a cryptocurrency issued by QUEENBEE Company. Bithumb will hold a one-day pre-event from 24 to 25 to commemorate the listing of the QBEE token.
QUEENBEE Co., a blockchain service development and consulting company, was named as co-founder of Bae Yong Joon, called Yon-sama in 2018.
That’s why QBEE tokens are called ‘Yonsama Coin’ or ‘Bae Yong Jun Coin.’
Bithumb explained, “QUEENBEE Company will enter into new financial market through strategic partnership with Singapore’s blockchain-based digital asset trading platform, and directly participate in the security token issuing ecosystem. And it aims to secure the initiative in the ecosystem of issuing Security Token in East Asia. ”
Recently, Bithumb is raising the threshold of listing. The intent is to minimize controversy over the scam (fraud) and to create a sound investment environment.
In August last year, a ‘qualification review committee’ was launched to examine whether to keep all encryptocurrencies listed. Since then, the company has delisted a total of 14 cryptocurrencies for two months from November last year. The willingness to prevent insolvent coins from entering the exchange was put into practice.
“I think it is a very encouraging achievement that the listing was confirmed amid the difficulty of passing the review,” said a representative for QUEENBEE company. “We have been studying ways to expand financial services using digital assets and worked hard on the listing.”
From now on, Bithumb plans to examine whether to keep its listing every month, considering the volume of its transactions and the extent of its drop in market capitalization. “The commercialization of technologies and expansion of services will actively contribute to realizing investors’ profits,” said a representative for QUEENBEE company.
QBEE will support the Singapore government-approved digital asset market.
To this end, Queen Bee Company acquired some of the shares of Singapore-based CapBridge Holdings PTE, LTD., Which operates an online investment platform in August last year. The Singapore Stock Exchange (SGX) and Hanwha Investment & Securities are also major shareholders.
QBEE targets the market for security tokens (STO or digital assets), which is different from the ICO (Initial Coin Offering), which was a hot boom in 2017–2018.
ICO is a financing method that secures funds by issuing blockchain-based cryptocurrencies and selling them to investors. STO, on the other hand, is funded by cryptocurrency tokens issued on a blockchain. Tokens play a role similar to stocks. Depending on the tokens owned, voting rights can be secured and rewards can be obtained.
For example, QUEENBEE Company wants to produce big works such as ‘parasites’ that won four crowns through the Singapore Stock Exchange. The QUEENBEE Company makes investors’ investment information and transactions transparent through QUEENBEE Token. It also supports digital magnetization within Singapore’s securities token issuance platform (1X). In the future, QUEENBEE Company will use QUEENBEE Token to build a platform that will enable direct investment and compensation in accordance with the domestic regulatory environment.
Suppose the movie you invested in made huge profits. The price of QUEENBEE Token is likely to rise naturally in the crypto market. Naturally, profits follow. Of course, if the film fails to enter the box office and the production cost is not chosen, the coin price is bound to fall.
QUEENBEE Company official said. “How the public invests in film production is by investing in institutions that invest in film, which is a circumvention. It’s universal, but it takes an average of five years to invest and pay back, making it less liquid. “ and “but with the coin that QUEENBEE Co., Ltd. issued the security token, the general public can easily invest in film production. ”
QUEENBEE Company has announced plans to build a platform in the third quarter that provides the entire process of digital assetization this year.
Bithumb said of the QUEENBEE Company: “The goal of providing new financial advisor systems and services in the blockchain ecosystem is highly appreciated.”