Metaps Plus Inc. (hereinafter referred to as “Metaps Plus”) is a mobile marketing solution and mobile FinTech company, having Korea’s biggest mobile commerce company Smartcon Co., Ltd. (hereinafter referred to as “Smartcon”) as a subsidiary, and Metaps Inc. (TSE:6712), whose market value is evaluated to be KRW 450 billion1 on Japan’s Stock Market as its largest shareholder. Metaps Plus plans to build a comprehensive cryptocurrency ecosystem accessible by cryptocurrency holders at any desired time and place, by constructing an exchange market where cryptocurrencies can be freely traded in the future2 , and which provides more than simple publications of cryptocurrencies and offers various services to owners of cryptocurrencies.
The token Metaps Plus is planning to introduce to the Korean market will be called PlusCoin (hereinafter referred to as “PlusCoin,” “PLC” or “Token”). Based on the amounts of tokens owned, the owners of PLC can receive certain benefits based on parts of the profit generated by exchange market’s CoinRoom, which will be established around March 2018 (hereinafter referred to as the “CoinRoom”). PLC will be sold in the form of Initial Coin Offering (hereinafter referred to as “ICO”), and will also be listed on major domestic and overseas cryptocurrency exchange markets, other than the CoinRoom, so that they can be traded freely.
PlusCoin ICO of Metaps Plus will be the world’s first case in which a company with sufficient capital to maintain an orderly market issues cryptocurrency. The cryptocurrency ecosystem Metaps Plus intends to build is a stable transaction system that is designed to closely relate to the real-world economy, rather than forming a cryptocurrency trading which is separated from the real-world economy, and aims to provide protection to PLC owners and guarantee free trading thereof.PlusCoin_WhitePaper_en