Chairman Park Bong-kyu of the Korea CEO Summit announced that he hosted the ‘14th Convergence of City Culture Conference (CICON ASEAN5 2025)’ and various cultural events from Tuesday, October 21st, to Friday, October 24th, at the Vinpearl Hotel, Landmark81, and Today TV in Ho Chi Minh City. The large-scale international event was hosted by the Korea CEO Summit (Korea), the CICON Organizing Committee, and the Young Business Association (YBA) (Vietnam). It was organized by Quynh Paris (Vietnam), Today TV, Vietmission, and kw Vietnam, and sponsored by the Ministry of SMEs and Startups (Korea), the Presidential Commission on Architecture Policy, the Presidential Committee on Agriculture, Fisheries and Rural Policy, Busan Metropolitan City, Sarang Nanum Welfare Foundation, the Asia Art Phiard Committee (AAC), the Vietnam Association for Corporate Culture (VNABC) (Vietnam), and VTV, among others. The Korean delegation to this international conference included: Park Bong-kyu (Chairman of the Korea CEO Summit and Founder of CICON), Jang Tae-pyong (Chairman of the Presidential Committee on Agriculture, Fisheries and Rural Policy, former Minister of Food, Agriculture, Forestry and Fisheries), Joo Young-sup (Distinguished Professor at Seoul National University, former Administrator of the Small and Medium Business Administration), Pastor Shin Hyun-ok (Chairperson of Sarang Nanum Welfare Foundation), Kwon Tae-han (Acting Consul General of Korea in Ho Chi Minh City), Kim Jin-yong (7th Commissioner of Incheon Free Economic Zone Authority), Shin Chang-seok (KBS TV Drama Director), Lee Kwang-su (World President of the International Association of Art (IAA)), Lee Young-jun (AAC Planning Committee Chair), Lee Jae-sik (AAC Vice Chairman), Choi Soo-hyuk (CEO of SymVerse Labs), Sohn Jong-hyun (President of the National Cooperative Council), Kwon Ki-ryong (Chairman of the Global FinTech Industry Promotion Center), Go Tae-wook (CEO of K-SMART), Namgung Sook (CEO of Genie Media), and Lee Young-ok (CEO of Jinju Shell). Attendees from Vietnam and ASEAN countries, totaling approximately 800 people, included: Nguyen Quynh Nhu (Chairperson of Quynh Paris, co-organizer), Mac Quoc Anh (Member of the Central Committee of the Vietnam Fatherland Front and Vice President of the Vietnam Association for Corporate Culture (VNABC)), Truong Ly Hoang Phi (Vice President of YBA and President of IBP), Lam Chi Thien (Chairman of IMC Group and Today TV), Le Van Minh (Chairman of Nam Song Tien Group), Doan Huu Thuan (Chairman of HODECO Group), Firdauz Othman (Consul General of Malaysia in Ho Chi Minh City), Phonesy Baounmixay (Consul General of Laos in Ho Chi Minh City), Chavis Chauychoo (Chairman of Viet Son Group, Thailand), Nguyen Quoc Bao (Chairman of the Vietnam Real Estate Club (VREC)), Tran Dinh Tung (Chairman of the Vietnam Society of Civil Engineers (VSCE)), Ng Truong Son (President of the Vietnam Advertising Association (VAA)), Ng Thuy Le Thuy (Miss Universe Vietnam Tourism Ambassador), Steve Bui (Chairman of Delta E&C), Le Thi Minh Hoa (Chairwoman of IWEC), and Kevin Tran (CEO of Phuoc Loc). ■ CEO Choi Soo-hyuk of SymVerse Labs Keynotes at ‘CICON ASEAN5 2025’ AI Session, Attended by Key Figures from Korea, Vietnam, and ASEAN The Korea CEO Summit (Chairman Park Bong-kyu) and the CICON Organizing Committee, in collaboration with the Young Business Association (YBA) of Vietnam, grandly hosted the ‘CICON ASEAN5 2025’ Opening Ceremony on the morning of Wednesday, October 22nd, at the Grand Ballroom of the Vinpearl Hotel, Landmark81, Ho Chi Minh City, with major participants from Korea, Vietnam, and ASEAN countries in attendance. The AI and Blockchain Conference followed on the second day. The opening ceremony proceeded in the following order: (1) Group photo session for major speakers and participants, (2) Vietnamese Ao Dai traditional performance, (3) Opening address by Park Bong-kyu (Chairman of the Korea CEO Summit and Founder of CICON), (4) Congratulatory address by Park Heong-joon (Mayor of Busan Metropolitan City), (5) Keynote speech by Truong Ly Hoang Phi (Vice President of YBA and President of IBP), (6) Keynote speech by Jang Tae-pyong (Chairman of the Presidential Committee on Agriculture, Fisheries and Rural Policy, former Minister of Food, Agriculture, Forestry and Fisheries), (7) Keynote speech by Pastor Shin Hyun-ok (Senior Pastor of Zion World Mission Church and Chairperson of Sarang Nanum Welfare Foundation), and (8) Keynote speech by Mac Quoc Anh (Vice President of the Vietnam Association for Corporate Culture (VNABC)). The second day, October 23rd, featured the AI and Blockchain session. Keynote speakers included Joo Young-sup (Distinguished Professor at Seoul National University, former Administrator of the Small and Medium Business Administration), Tahir Mahmood (Founder and CEO of KRNL Labs), Choi Soo-hyuk (CEO of SymVerse Labs), and Lee Ji-hoon (Head of the Busan Digital Asset Exchange Headquarters).Choi Soo-hyuk, CEO of SymVerse Labs, received a standing ovation for his keynote address on the topic, “The Functions and Roles of the New Future Blockchain.”SymVerse Labs (CEO Choi Soo-hyuk), established in 2018, is a promising company that has since developed the world’s only quantum-resistant blockchain operating with decentralized IDs (DIDs). https://www.fntoday.co.kr/news/articleView.html?idxno=366836
SymVerse held the 'SNP' seminar in Bandung, Indonesia, officially initiating cooperation with the local community and technology ecosystem. By promoting technology based on digital ID and a decentralized economy, the company is accelerating its entry into the global market. On October 25, 2025, the South Korean blockchain platform SymVerse hosted the 'SymVerse Node Power (SNP)' seminar at the Savoy Homann Hotel Bandung to expand its local community and technology ecosystem in Indonesia. The event was directly organized by the SymVerse Foundation (www.symverse.org). Choi Soo-hyuk, Founder and CEO of SymVerse, delivered the keynote speech, emphasizing, "SymVerse is leading the Digital Identity Revolution by implementing the essence of blockchain, 'Decentralized Trust,' in real life." He stressed, "The SymVerse Coin (SYMM) and SNP will be the cornerstone of a truly decentralized economy in which both individuals and companies can participate." ■ Full-Scale Cooperation Commences with Indonesian Community The seminar generated significant interest and was attended by key local organizations, including the Indonesian blockchain communities Cryptois Bandung and Asia Tiger Hambalang. A wide range of topics was discussed, with a focus on the younger generation and Small and Medium Enterprises (SMEs), including Digital Identity (ID) systems, Web3-based economic models, and financial innovation through blockchain technology. Akhmad Rusmin Nuryadin, SymVerse Indonesia Representative, stated, "The younger generation's adaptability to technology is the core of national competitiveness, and SymVerse's technology will be a powerful platform that can expand their growth and entrepreneurial opportunities." He added, "Amid global economic uncertainty and rapid technological change, SymVerse will establish itself as a trusted partner for Indonesia's digital transformation." ■ A Signal for Global ExpansionSymVerse plans to continuously host community seminars and technology workshops in major cities across Indonesia, including the recent Bogor and Bandung seminars. This entry into Indonesia is regarded as the first instance of SymVerse officially introducing its independently developed technology — the world’s only quantum-resistant blockchain equipped with a Decentralized ID (DID) — to the global market.CEO Choi Soo-hyuk stated, “SymVerse’s technology is more than just blockchain; it is the foundation for creating a new digital ecosystem where trust, identity, and economic activity are combined.” He concluded, “Starting with this expansion into Indonesia, we will scale up our global partnerships and spread this ‘people-centric blockchain innovation’ worldwide.” https://www.tokenpost.kr/news/blockchain/297897
MSK Group, a leading innovator in advanced regenerative medicine and anti-aging healthcare platforms, announced that it has signed a strategic business agreement with blockchain mainnet company SymVerse Labs to establish a Real World Asset (RWA) tokenization ecosystem for K-Medical and anti-aging bio industries. MSK Group is currently pursuing a wide range of healthcare-based future convergence businesses, including the development of advanced regenerative medicine and anti-aging medical buildings, support for licensing and R&D operations of regenerative medical institutions, and the expansion of medical tourism infrastructure. The agreement is significant in that it seeks to digitize these real-world assets (RWA) through blockchain technology, thereby promoting greater asset liquidity, a participatory ecosystem, and enhanced global investment accessibility. SymVerse Labs is a technology company that operates its own blockchain mainnet. Leveraging its Web3 infrastructure, the company provides decentralized wallet services, smart contract-based asset management, RWA issuance and verification, as well as tailored enterprise solutions, DApp development, and consulting services. Through this partnership, SymVerse Labs will provide the core technology to transform the real-world value of medical facilities, real estate, and regenerative medicine-related business assets into on-chain assets, enabling transparent transactions and revenue distribution among participants within a blockchain-based ecosystem. Based on the RWA ecosystem built through their collaboration, the two companies plan to sequentially introduce structures that allow global investors to access medical industry real-world assets safely and transparently, Web3-based distribution of medical tourism revenues and assets, and on-chain participatory healthcare services for token holders. Cho Min-soo, CEO of MSK Group, stated: “Blockchain technology goes beyond mere adoption; it is a key tool for innovatively enhancing the trustworthiness and liquidity of medical assets. Through our partnership with SymVerse Labs, we aim to present a new business paradigm by expanding global-level medical tourism and healthcare industry models into RWAs.” https://edu.donga.com/news/articleView.html?idxno=94417
Choi Soo-hyuk, CEO of SymVerse Labs Co., Ltd. Establishing a new digital ecosystem by expanding unique blockchain technology - Choi Soo-hyuk, CEO of SymVerse Labs Co., Ltd. | Ph.D. in Economics New technologies and industries are accelerating the digital transformation. Considering the characteristic of modern society where all technologies and digital ecosystems are closely connected, interacting, growing, and evolving, most technologies that are reshaping the world today are sensitively influencing each other and promoting mutual development. Blockchain is no exception. While it was first hailed as a type of highly secure transaction technology, blockchain is now showcasing its presence as a vanguard of cutting-edge technology, with Web3 and AI as its two wings, alongside the metaverse and fintech. Blockchain is no longer a special technology used only in cryptocurrencies or security-related services; it is becoming a familiar and popular technology penetrating our daily lives. SymVerse Labs is a blockchain technology company that is actively developing a wide range of blockchain services and platforms based on the core values of 'coexistence' and 'practicality.' Choi Soo-hyuk, the CEO of SymVerse Labs is working to make the value of coexistence—where everyone helps each other—a reality in daily life, just as blockchain users voluntarily connect and achieve results for mutual benefit, envisioning a future that fosters a new digital environment.<WeeklyPeople> sheds light on the digital ecosystem that SymVerse Labs is building. SymVerse Labs, Born to Overcome the Limitations of Existing Blockchains Even those with little interest in cutting-edge technology have probably heard the name 'blockchain' at least once. Blockchain is a decentralized system formed by countless small data units linked in a chain-like form, based on distributed computing technology to prevent data forgery and manipulation. This technology, which records and stores information in a distributed data storage environment called a block, has the advantages of being highly secure and transparent compared to the traditional method of centrally storing and managing information. Bitcoin, which first demonstrated blockchain technology in 2008, and Ethereum, which emerged in 2015, began to expand blockchain technology into various fields. Although blockchain was largely evaluated as a revolutionary technology that would completely change our digital environment and internet experience, CEO Choi Soo-hyuk felt many problems and limitations when he directly used the blockchain technologies in the market for his research in the late 2010s. "At that time, I was researching cryptocurrency whitepapers and program sources to create a cryptocurrency exchange platform. Since cryptocurrency is an inseparable concept from blockchain, I was using the most representative blockchain services on the market at the time. Perhaps because the services were just in their infancy, there were many areas that needed improvement. The most urgent one was the processing speed. The speed of block generation and transaction finalization was too slow. In the cryptocurrency market, where prices change in seconds and new issues arise, this was a fatal flaw."Having obtained a Ph.D. in economics from Northwestern University in the U.S. and leaving a significant mark in the domestic information and telecommunications field as the inaugural head of the Information and Communication Industry Team at the Korea Information Society Development Institute (KISDI) and an adjunct professor at KAIST and Korea University's Graduate School of Information Security Blockchain Department, CEO Choi realized that there was no proper blockchain platform or service that ordinary people could easily use and access with a light heart. He decided to develop such a service himself. The result is SymVerse, which operates based on 'SymID.' "SymVerse is an innovative service that allows for block generation and transaction finalization in less than a second, based on a self-sovereign decentralized ID. It is also called a fractal network, a multi-blockchain platform ecosystem. It is a technology that allows independent blockchain platforms to be interconnected based on our unique mainnet technology. We not only support companies in independently building or easily leasing blockchain infrastructure but also provide a variety of solutions and consulting services, including a decentralized wallet, an electronic identification system, and an integrated smart contract development environment." Fractal Mainnet Solution (Build-type) World-Class Blockchain Technology Achieved with Perseverance SymVerse Labs' blockchain technology is world-class. It already holds a number of patents related to blockchain and passed the TTA performance test by the Ministry of Science and ICT with outstanding performance. It also had the honor of winning the Grand Prize in the Mainnet category at the 16th World Blockchain Summit MARVELS Awards. Recently, it has begun to supply blockchain solutions tailored for the Web3 era in earnest. Web3 is a comprehensive term for technologies that decentralize data ownership and control on the internet, with key concepts including expanding individual user content ownership, joint participation in decision-making, intelligence, and personalization. It can be called the third generation of the internet, where computers and AI understand the content of a web page and provide personalized information. Although it is not yet a widely known concept to the public, SymVerse Labs is servicing Web3-based customized solutions with the belief that Web3 will be the key to blockchain technology in the future. "If you have data, you can create your own Web3 site and application. For example, what if we implemented 'WeeklyPeople' on Web3? Since we already have a lot of content, a Web3-based site can be created much faster and easier than you might think. This would create a unique, personalized site that reflects the characteristics of WeeklyPeople, unlike a typical site. Considering the features of WeeklyPeople, a site or application that compiles a collection of biographical stories of people in various fields would be created." The driving force behind SymVerse Labs' ability to service Web3-based blockchain technology is its focus on a single technology—blockchain—and the diverse experience, know-how, technology, and infrastructure it has built. In fact, since its establishment in 2018, SymVerse Labs has focused solely on advancing a single technology, blockchain, for a period of seven years. While many companies have challenged blockchain and disappeared because the concept itself was so unfamiliar and difficult to commercialize, SymVerse Labs persevered through hardships and adversity by continuously advancing its technology. Thanks to this, SymVerse Labs is receiving positive evaluations in the industry as a company that holds all the technologies and tools related to blockchain infrastructure in Korea. CEO Choi showed a satisfied smile, saying that the data and technologies they have accumulated are now coming to light. "Since last year, our infrastructure and equipment have been replaced one by one. Last year, we unveiled Scan V2.0 to establish a service infrastructure that can be shared with the Web3 platform. The block finalization speed of globally renowned blockchains is typically around 4 seconds. But our service has a block generation and finalization speed of 1.39 seconds. The number of blocks, at about 130 million, is also at the highest level in Korea. In addition, by upgrading to a PoS method, we have evolved to a performance level comparable to that of leading global blockchains." Blockchain Expanding into Various Fields, a Sustainable Future Digital Ecosystem SymVerse Labs is gradually expanding its business based on its excellent blockchain technology and infrastructure. It is planning to launch a new version of its wallet that can operate in a Web3 environment and is also preparing a site for distributing product certificates, coupons, and tickets in NFT form. All these products were created with ideas derived from core blockchain technology. Recently, focusing on deep learning, which has brought about the rapid development of AI, it has also conducted work to overall manage applications used in the medical field. "The strongest player in the domestic cervical cancer diagnosis market is the Korea Clinical Medical Research Institute of the KCL Medical Foundation. We recently collaborated with this institution to develop an application and software that can diagnose cervical cancer with AI. It is a system where a patient who has been diagnosed once can get a follow-up test and know the cervical cancer diagnosis process and status by simply scanning their ID at any hospital. It is a project targeting the entire world and is attracting attention in Indonesia and the Philippines." It has expanded its blockchain technology and customized solutions used in the marketing field to the medical field. In addition to the medical field, it is also preparing a service that guarantees the identity of delivery riders and issues certificates by leveraging the safety and security of blockchain technology. To this end, CEO Choi also pursued an MOU with the Korea Delivery Riders Association and SymVerse Labs. In July, it made headlines by signing an MOU with Kospi-listed company Inscobee to build a next-generation financial platform, with the goal of jointly building a blockchain-based next-generation financial platform. "We are at the forefront of expanding blockchain technology in various ways. Many of these projects do not generate immediate profit. We sometimes launch services with a long-term view or, in cases where all rights belong to a collaborating company that commissioned the development, we only receive the development fee. Of course, even then, we demand a partial stake in the service or system for future sustainability. Nevertheless, there are some who question why we are doing work that does not generate immediate profit. But I believe that we learn more about ecosystem creation and expansion in the process of building a wide range of services and platforms based on blockchain technology." CEO Choi and SymVerse Labs have persistently delved into the potential of blockchain, from medicine and distribution to finance and national defense, and have made it their own competitive edge. He also provides management consulting to client companies, leveraging his over 30 years of experience in the field, meeting companies and empathizing with their difficulties. In this process, new possibilities are born, and a deep relationship of trust is built with clients. So, what are the organizational culture and values of SymVerse Labs, which has emerged as a leader in the domestic blockchain market in just seven years? A Unique and Passionate Company, Aiming to Be the No. 1 Global Blockchain Company The organizational culture that represents SymVerse Labs is Agile. Agile, a term that means 'nimble' and 'agile,' emerged as a software development methodology in the mid-1990s. It also refers to an organizational culture that breaks away from heavy and normative methodologies, breaking down departmental boundaries in the office environment and eliminating the hierarchical system to give individual team members great autonomy. It is an organizational model in which a small team continuously incorporates external feedback to create a final result. It is known that famous big tech companies today, such as Apple, Google, and Microsoft, also maintain this Agile organizational culture. "Although each employee at SymVerse Labs has different roles and assigned tasks, the content itself is shared by everyone. Everything that happens in our company is documented, and the data remains. From me, the CEO, to the youngest employee, anyone can see who is doing what without any restrictions. An open organizational culture that allows for organic communication between teams has been systematized. Because we work this way, unnecessary misunderstandings do not accumulate between us. A culture of processing customer feedback as quickly as possible in real-time has been established, so there are not many accumulated problems." CEO Choi, who has focused on a single field for more than seven years since founding SymVerse Labs, advises his junior colleagues and young people who dream of starting a new technology company to persevere and concentrate on one field. While innovative technologies are emerging in various fields such as AI, IoT, and quantum computing, he says that to succeed in that field, one must at least be prepared to become an expert in that field. He says that if you decide to challenge the AI industry, you must read at least three or four significant papers a month and strategically approach a specific area within AI. SALLT V2.0 Key Features "Above all, you must cultivate your own expertise. Even if you get an opportunity by chance, you cannot be recognized for your potential in the long run if you are not prepared. Rather than just chasing immediate profits, think about what kind of career this work, and experience will build for you and what kind of skills it will develop. In the same context, when choosing a company, you should choose a company that can help you grow and that shares your values and vision, rather than just following the money." CEO Choi expressed his ambition to grow SymVerse Labs into a global company with various application technologies and platforms based on blockchain technology. He also added that he does not intend to grow SymVerse Labs into a model company loved by everyone like Google or Apple. He said that he hopes SymVerse Labs will be remembered as a 'unique company' and a 'passionate company that takes on various challenges and attempts based on its unique blockchain technology.' <WeeklyPeople> is paying attention to the next steps of SymVerse Labs, a company that has exceptional expertise in blockchain technology and is creating a new blockchain ecosystem by making contact points with the public. Photo provided by SymVerse Labs. Profile * Current CEO of SymVerse Labs * Former President of the Korea Blockchain Startup Association * Former Adjunct Professor, Graduate School of Information Security, Korea University * Former Adjunct Professor, Graduate School of Culture Technology, KAIST * Former Advisor, Arthur D. Little * Former Senior Research Fellow / Inaugural Head of Information and Communication Industry Team, Korea Information Society Development Institute (KISDI) * Ph.D. in Economics (Industrial Organization/Game Theory) from Northwestern University, USASymVerse * 2023 Top Awards Korean Figure Grand Prize * 2022 Grand Prize in Leading Company of Korea's 4th Industrial Revolution * 2022 Grand Prize in Mainnet Category at MARVELS Awards * 2019 Grand Prize at the 3rd Seoul Innovation Challenge * 2019 Grand Prize for Sustainable Innovation Leader of Korea * Holds multiple blockchain-related patents * Passed the TTA performance test by the Ministry of Science and ICT * Obtained GS Certification Grade 1 for a blockchain wallet, the first in the industry * Launched a total blockchain solution [Mainnet (Fractal / Virtual), Custom Blockchain Wallet, DID Solution, Integrated Token Management Platform (BBP), Smart Contract Integrated Development Environment (SymPose IDE), DApp Service Consulting] http://www.weeklypeople.net/view.do?seq=22396
The National Delivery Riders Association (Chairman Song Ki-seon) and SymVerse Labs Co., Ltd. (CEO Choi Soo-hyuk) signed a Memorandum of Understanding (MOU) on August 11 to strengthen the protection of delivery workers’ rights and reduce the dominance of large delivery platforms. This agreement aims to leverage the core strengths and technologies of both parties to help delivery workers operate in a more stable and fairer environment, while also revitalizing local delivery platform ecosystems. Under the MOU, the two organizations will work together on:A full revamp of the Association’s official website to improve rider data tracking and policy promotion.Building an exclusive online shopping mall for delivery workers to enhance welfare benefits.Designing and operating a regionally based delivery service platform that reduces large platform monopolies and fosters a rider-centric ecosystem. To ensure smooth project execution, a joint steering committee consisting of executives and working-level staff from both sides will be established. This committee will oversee the selection of cooperation projects, determine business priorities, allocate development and operational costs, and provide top-priority support for all agreed initiatives. The agreement is expected to contribute significantly to the creation of a fair delivery ecosystem that respects delivery workers by strengthening their rights and welfare, easing platform monopolies, and establishing community-driven platforms. In anticipation of potential legislation introducing mandatory safety training, rider qualification systems, and criminal background checks, the two parties also plan to implement a blockchain-based member information management system to enhance personal data protection. Chairman Song Ki-seon stated, “Through this MOU, we will help delivery workers be recognized not just as ‘delivery personnel,’ but as essential ‘last-mile logistics professionals’ in their communities. We will do our utmost to create systems and environments where riders can maintain a stable livelihood and work safely.” CEO Choi Soo-hyuk added, “Through this partnership, SymVerse Labs will demonstrate that technology can go beyond improving efficiency to protecting rights and building trust. With blockchain-based member information management and fair platform operations, we aim to set a new standard for the delivery industry”. https://edu.donga.com/news/articleView.html?idxno=93377
CEO SooHyuk Choi: “Web3 is no longer exclusive to blockchain companies” — aims to expand across industries As the Web3 era progresses, an increasing number of companies are exploring blockchain adoption in areas such as stablecoins, real-world assets (RWA), and security token offerings (STO). Against this backdrop, South Korea-based blockchain technology company SymVerse Labs is gaining attention for its launch of tailored B2B blockchain solutions across various industries. SymVerse Labs (CEO SooHyuk Choi) offers proprietary Fractal Mainnet and Virtual Mainnet solutions, enabling companies to either independently build or quickly lease blockchain infrastructure. These solutions support the creation of customized platforms, including those optimized for stablecoin issuance or STO services based on Ethereum or Ripple networks. A key advantage of SymVerse’s mainnet technology lies in its maturity and integration capabilities. Having undergone long-term development and operation, it comes with a full suite of supporting platforms — including block explorers, monitoring tools, and a decentralized universal wallet — all of which can be seamlessly integrated into client Web3 services. SymVerse Labs offers both deployable and rental-based mainnet models based on client infrastructure requirements and goals: The deployable mainnet is a dedicated on-premise solution that includes ~10 servers for consensus and work nodes, monitoring tools, a blockchain explorer, and wallet APIs. This enables enterprises to independently manage blockchain operations, including token issuance, cross-chain connectivity, and wallet services. The rental-based mainnet uses SymVerse's existing infrastructure and decentralized ID (DID) system, assigning each client a dedicated network ID. With multi-tenancy architecture, it enables low-cost, rapid deployment while offering full access to all SymVerse mainnet functionalities — including a standalone explorer. In addition to the infrastructure, SymVerse Labs offers modular blockchain components to clients, such as: Sallt Wallet: A decentralized wallet supporting SYMM, ETH, BTC, MATIC, and more. It includes built-in DID login and recovery, making it ideal for enterprises to build customized wallet solutions. Blockchain Broker Platform (BBP): A token issuance and management platform that allows for seamless dApp deployment without node setup — featuring automatic gas fee provisioning and easy API integration. Going beyond infrastructure, SymVerse Labs also supports development of Web3-based dApps across use cases like e-commerce, memberships, coupons, play-to-earn (P2E), and betting platforms. To assist companies new to blockchain, it offers consulting services and tokenomics design, creating a comprehensive one-stop solution. CEO SooHyuk Choi stated, “Web3 is no longer the exclusive domain of blockchain companies. Sectors like manufacturing, distribution, healthcare, and education can all benefit from adopting blockchain in a secure and efficient way.” “SymVerse Labs aims to provide everything companies need — from mainnets to DIDs, wallets, and dApps — quickly and reliably.” Meanwhile, the SymVerse Foundation’s mainnet coin SYMM, developed and supported by SymVerse Labs, was successfully listed on ProBit Global in June and has maintained a stable upward trend since. Choi added,“We’re aiming for a major global exchange listing by the end of the year, while continuing to expand our infrastructure and secure more users.” He continued, “The name SymVerse combines ‘Sym,’ meaning ‘together,’ and ‘Verse,’ meaning ‘interact,’ reflecting our philosophy of symbiotic coexistence. We envision a blockchain where users actively participate for each other’s benefit and achieve success together — a new blockchain paradigm tailored for the hyperconnected society.” Born in Korea, SymVerse’s multi-blockchain technology is making its mark globally, positioning itself as a future leader in the blockchain industry. As CEO Choi and the SymVerse Labs team push forward, expectations around their digital ecosystem continue to grow. https://www.koreadaily.com/article/20250725002503270
Hello from the SymVerse Foundation.We are excited to announce the official token swap program for SYM (ERC-20) holders, converting your tokens into the native mainnet coin, SYMM.This guide explains everything you need to know — from the swap schedule and process to important notes and FAQs. Please read carefully before submitting your application. http://swap.symverse.org/ ◆ SYMM : SYM (ERC-20) Swap Ratio = 1 : 6◆ Swap Schedule:Distributed every 2 months, over 9 roundsTotal duration: 18 months◆ Swap Process: 1. Send your SYM (ERC-20) tokens to the foundation wallet address 2. Submit the swap application form 3. Receive a Swap Proof Token ("SSWAP") 4. Receive 1.18x the amount of SYMM over 9 rounds ◆ Swap Distribution Stages:RoundAllocationDistribution Date1st10%2025. 7. 10~2nd10%2025. 9. 10~3rd10%2025. 11. 10~4th10%2025. 1. 10~5th10%2026. 3. 10~6th10%2026. 5. 10~7th13%2026. 7. 10~8th13%2026. 9. 10~9th14%2026. 11. 10~*Token swap is processed in the order of application; late applications may extend the total swap duration. ◆ Q&AQ: How is the swap ratio calculated? A: SYMM is mined based on 150 million initially staked SYMM coins. SYM (ERC-20) has a total supply of 900 million, excluding the mining supply. Hence, the swap ratio is 1 : 6 (150M : 900M). Q: Are there any costs involved in the swap? A: A small amount of Ethereum (approx. 0.001 ETH) is required as a transaction fee when sending SYM (ERC-20) to the foundation address. Q: Can I transfer the Swap Proof Token (SSWAP) to others? A: No. SSWAP tokens are locked and non-transferable. They will be collected by the foundation each time SYMM is distributed. Q: Why do I receive 1.18x the amount of SYMM? A: This includes a bonus amount provided to SYM (ERC-20) holders. Q: What if I lose my wallet during the swap period? A: Please email your registered personal information (same as in your application form) to the address below. After verification, the remaining balance will be sent to your new wallet. By participating in this swap, you are joining the next chapter of SymVerse’s mainnet journey. Thank you for your continued support. For more details about SYMM, please refer to the SymVerse Whitepaper. (Whitepaper link)https://www.symverse.com/whitepaper/Symverse_White_Paper_V2.0_ENG
KOSPI-listed company InskoBi announced on the 1st that it has signed a strategic Memorandum of Understanding (MOU) with blockchain technology firm SymVerse Labs. The two companies plan to jointly launch a next-generation financial platform based on blockchain technology. This agreement was established to combine the technological capabilities, infrastructure, and business competencies of both companies to jointly promote a practical platform business using blockchain technology. They plan to jointly pursue a Security Token Offering (STO) business and a Web 3.0-based financial platform initiative, including the formulation of detailed business plans and discussions on establishing a joint venture. Both companies expect the agreement to serve as a foundation for launching profitable ventures. They also intend to collaborate preferentially in each other’s independent projects to maximize synergy. SymVerse Labs has been solidifying its position as a blockchain specialist by building a diverse ecosystem of blockchain services, including decentralized wallet Sallt.io, DeFi, and NFT-based social networking platforms. SymVerse Labs was founded by CEO Soo-Hyuk Choi, a leading expert in the field who previously worked at the Korea Information Society Development Institute (KISDI) and served as an adjunct professor in the Blockchain Department at Korea University’s Graduate School of Information Security. A SymVerse Labs representative stated, “Through collaboration with InskoBi, we aim to expand the real-world applicability of blockchain technology and realize innovative Web3-based service models grounded in daily life.” An InskoBi representative commented, “In addition to our current business focus on K-beauty and biotech, we plan to adopt platform ventures based on blockchain technology as a new growth engine. This agreement marks the first step toward global business expansion grounded in technological innovation”. Source: Asia Economy | https://www.asiae.co.kr/article/2025070113541233019
The SymVerse Foundation is pleased to announce that SYMM, the native coin of the SymVerse mainnet, is scheduled to be listed on the global cryptocurrency exchange ProBit Global.This listing represents a key milestone in SymVerse’s journey toward technological independence and ecosystem expansion. Users will soon be able to trade SYMM in a safer and more transparent environment. About ProBit GlobalProBit Global is a trusted global cryptocurrency exchange serving users in over 100 countries. Key features include:Support for hundreds of cryptocurrencies and trading pairsRobust and reliable security infrastructureMultilingual interface and diverse wallet compatibility to meet global user needsProBit Global offers real-time, user-centric trading experience for both retail and institutional traders. Listing DetailsToken: SYMM (SymVerse Mainnet Coin)Exchange: ProBit GlobalDeposit Opens: 2025.06.25 10:00 AM KSTTrading Starts: 2025.06.26 05:00 PM KSTWithdrawals Open: 2025.06.27 10:00 AM KSTTrading Pair: SYMM/USDT Please NoteThis listing is for the SYMM coin on the SymVerse mainnet, not the ERC-20 SYM token.The ERC-20 → SYMM swap is handled separately through SymVerse's official token swap program. Please refer to our whitepaper or token swap guide for more information. Thank you for your continued support.SymVerse Foundation
Dear SymVerse Community, We are pleased to announce the official launch of the token swap process from SYM (ERC-20) tokens to SYMM, the native coin of the SymVerse mainnet. While the SymVerse mainnet has already been launched and running independently for some time, the ERC-20 SYM token has remained in circulation as a placeholder for early contributors and supporters. With this upcoming swap, all existing SYM token holders will have the opportunity to convert their ERC-20 tokens into native SYMM coins, enabling full access to the utilities and benefits within the SymVerse ecosystem.This swap marks a key moment in our journey toward completing the transition to a fully autonomous, high-performance blockchain environment. Unlike typical mainnet launches, this swap represents the final phase in aligning token utility with on-chain participation. We appreciate your patience and continued support as we move toward the next phase of decentralized growth. Stay tuned for detailed swap instructions and schedule. Thank you, SymVerse Foundation