The document provides an overview of the cryptocurrency markets in Korea and Japan, noting that Korea has become one of the hottest markets in the world due to widespread speculative interest, while Japan's market has slowed due to increased government regulation following a major cryptocurrency exchange hack. Details are given on the largest exchanges, investors, accelerators, and ICO projects in each country, showing that Korea has a much larger and more active market while Japan's market faces more restrictions.

1. Korean / Japanese market
comparison
In cryptocurrency space
Team Yumerium

2. Asia is FAST and FURIOUS in Crypto

3. Asia is different from the US
Language
Barrier
Government
Involvement
Different
Market Norms

4. Korean Market

5. March. 22

6. The hottest market in the world
Starting as a nationwide speculative fever, now many are enthusiastic on blockchain technology
Early blockchain companies support other companies with own foundations
Blockchain OS (BOS coin): RIPP (Reverse ICO Partner Program)
ICON: Debloc (accelerator)
Marketing + Investment support from a single firm
Blocknode: Marketing + Investment + Consulting +
AD4th: Marketing + Incubating + Investment
Reverse ICO
A term started in Korea. companies with existing business doing an ICO to attract funding and users
Korean Market Deep Dive - Overall

7. Korean Market Deep Dive - Exchange
Name Website Daily Volume
Upbit https://upbit.com $156,260,807
Bithumb https://www.bithumb.com $113,461,248
CoinOne https://coinone.co.kr $19,862,777
Korbit https://www.korbit.co.kr $9,621,197
Gopax https://www.gopax.co.kr/ $4,725,632
Coinnest https://www.coinnest.co.kr/ $255,209
Coinrail https://coinrail.co.kr/ $228,755
OKcoin https://www.okcoin.com $189,393
Much bigger volume than Japan
Trading with Korean currently ‘won’ is the key
Now international exchanges are trying to expand their market to Korea

8. Korean Market Deep Dive - Investor
Name Website Features
Spark Lab http://www.sparklabs.co.kr/ Accelerator
Incublock https://www.incublock.io/ Incubator
Deblock www.deblock.co.kr
ICON and AD4th
co-operate the fund
No clear distinction between Investor, Marketer and Incubator

9. Name Portfolio Note
Hashed
Accelerating : Medibloc, ICON, XCHNG, Pluto,
Sentinel Protocol (UPP), Cosmochain, TTC
Protocol, Sentinel Protocol (UPP), Carry
Investing : ethereum quantum, EOS, Omisego…
250M fund size
Biggest in scale (invested in 38 projects, accelerating 13 projects)
Exclusively investing in Blockchain/ Digital Asset
A co-working space for blockchain projects
Foundation X
Incubation: Lyze, Plegecamp, Rayon, Casto,
ICE protocol
Investment : Celsius, ABL, carry, KAMBRIA,
CRYPTON, Noia
Tech based startup accelerator 'Future Play' made subsidiary
'Foundation X' for blockchain startup
Tend to focus on the projects that can be beneficial in real world
BCC
(BLOCK CRAFTERS CAPITAL)
TTC, DAV, METADIUM, ZPER, MVL,
COSMOCHAIN, ADREALM
Currently not enough fund
The Ventures
Accelerating : Lonate, Astera, Yumerium, Conchain,
finy, G.bike, TF AI solutions, Pirnce, Health literacy
blockchain. Total of 9 projects
Successful entrepreneur Mr. Ho founded this traditional startup
accelerator.
A part of a Ministry of Science and ICT '2018 K-Global Accelerator'
BonAngels
Mad Smart, Bird view, Think reals, Candle,
Ginno games, cardoc, Quicket
Invested in 68 startups (8 exit)
Not particularly focusing on blockchain, but looking into expanding to
blockchain projects
Yumerium team has been talking with a partner in charge of blockchain
category
Incublock
Incubating : Symverse, PayX, Blockxen, Medipedia,
meditrust, lonate, tokenext, Toonist, wehome, brint,
dbcoin, pience, fundbloc, Aqoom, spenhash
Not investing, recently finished choosing the first 12 blockchain project
Deblock ICON foundation and AD4th co-operate the fund
Korean Market Deep Dive - VCs

10. Korean Market Deep Dive - ICO
Name Website Market cap Features
Icon https://icon.foundation/ $268,308,189 Banks, hospitals and universities
Cube https://cubeint.io/ $33,588,673 Autonomous vehicles
BlockchainOS https://boscoin.io/ $24,273,258 Self-Evolving Platform for Trust Contracts
Mediblock https://medibloc.org/ $23,924,495 Personal health data ecosystem
Zper https://zper.io/ $9,530,473 Decentralized P2P financial ecosystem
Cosmochain https://cosmochain.io/ $8,402,447
Connects cosmetic product users and
content creators to cosmetic product
suppliers
Mossland https://moss.land/ $5,416,200 AR mobile game based on real estate.
Nper https://nper.io/ $1,979,531 Protect the right of the creators
ICO projects in numerous industries

11. Japanese Market

12. Japanese Market Deep Dive - Overall
ICO : Need license.(Practically, nobody can do)
Government is pretty tight after Coincheck Hacking
incident.
https://www.bloomberg.com/news/articles/2018-03-08/japan-expands-cryptocurrency-crackdown-after-coincheck-hack
Result in : Very few ICO projects from Japan.

13. Japanese Market Deep Dive - Exchange
Bitflyer
https://bitflyer.com/en-jp
/ $66,944,206
Bitbank https://bitbank.cc/ $55,244,781
Bitbox(Line)
https://www.btcbox.co.jp
/ $46,968,682
Zaif https://zaif.jp $3,342,942
Quoine https://quoine.com $2,566,227
Top 3 major players(Bitflyer, Bitbank, Bitbox)
Government regulation requires stronger internal control

14. Japanese Market Deep Dive - Investor
English Japanese
Incubate Fund インキュベイトファンド(本社:東京都港区、代表取締役: 赤浦徹、本間真彦、和田圭佑、村田祐介)
Gunosy Capital Gunosy Capital Pte.Ltd.(2018 年 9 月設立予定)
Gumi Cryptos 合同会社 gumi Cryptos(本社:東京都新宿区)
Gumi Ventures 株式会社 gumi ventures(本社:東京都新宿区、代表取締役:川本寛之)
Das Capital Das Capital SG. Pte.Ltd.(代表取締役:木村新司)
B Crypto B Cryptos 株式会社(本社:東京都港区、代表取締役社長:本吉浩之)
B Bash Ventures B Dash Ventures 株式会社(本社:東京都港区、代表取締役社長:渡辺洋行)
Investors :
Not many crypto investors and they are all close each
others

15. Japanese Market Deep Dive - Etc.
Lawyer : Mori Hamano & Matsumoto http://www.mhmjapan.com/en/
Accounting : Aerial partners https://www.aerial-p.com/
Major ICO project : Omisego https://omisego.network/
Consulting company to know : Anypay https://anypay.global/
: They are also working on STO.

16. Thanks!
Jikhan Jung
info@yumerium.com