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Esports Organizations in Korea – A Complete Overview
South Korea is the birthplace of Esports. Competitive gaming has been around since the 1980s. However, true Esports which included pro-gamers, sponsors, and huge spectatorship really exploded thanks to Starcraft and its expansion pack Starcraft: Brood War. This game was massively popular in South…
Incheon Startup Park – Landmark of Innovation Growth
Shinhan Financial Group hosted an MOU ceremony along with the Ministry of SMEs and Startups, the Incheon Metropolitan City, and Celltrion. They aim to build an ecosystem for innovative startups through Incheon Startup Park. In addition, Shinhan will create a top-tier, one-stop platform in Korea…
KITA Open Innovation Program – Cases of Excellence
KITA is the first private project that supports startups by establishing their proof of concept (PoC). Furthermore, they offer startups their first gateway to successful sales. They do this by offering the multipurpose facility of COEX as a testing site for the Fourth Industrial Revolution…
Korean Cab-Hailing Startups Revolutionizing the Ride-Hailing Industry
When it comes to cab-hailing services, Kakao Taxi reigns supreme in Korea with an 80% market share. The size of the taxi market in South Korea is over $7 billion. Therefore there is plenty of room for Korean cab-hailing startups to enter the space. Kakao Taxi has been around since 2015, and it lets…
NFT Startups in Korea in High Demand by Investors
It seems like NFTs are the biggest trend in tech these days. NFT (or Non-Fungible Token) are one-of-a-kind digital assets that provide certification of ownership of the asset a user is buying. NFTs use blockchain technology as a ledger to record their sale and ownership. NFT startups in Korea are…
