Dunamu launches digital asset service

Upbit aims to lead investment in the digital asset market. [UPBIT]

Investors interested in the digital asset market can find it difficult to find specific information amid the indiscriminate outpouring of data. Aiming for the integration of distributed information into one source and the provision of reliable information, Dunamu launched “Upbit Investor Protection Center” in December 2021. The Upbit Investor Protection Center targets the establishment of a proper digital asset market and offers a variety of educational content on the overall digital asset ecosystem, allowing investors to acquire knowledge step by step from basic to in-depth processes.

In addition, content created by specialists in the digital asset industry including Lee Hae-bung, head of the Upbit Investor Protection Center, reporters, lawyers and researchers will be featured. A YouTube channel was opened in August 2022, with the aim to lower the barriers for investors to gather information by providing video to reach beyond text-oriented content.

UBCI (Upbit Cryptocurrency Index) was introduced in May 2018. UBCI is Korea’s first cryptocurrency index, a standard index that served as an indicator for investors to measure market conditions.

Upbit is aiming to increase contact points for investors’ communication to reduce the limitations of one-way information delivery.

The Upbit Developer Conference (UDC), a leading blockchain conference in Korea, has been held every year since 2018. It is a venue for those who are interested in blockchain, ranging from experts to students, breaking away from the fact that digital assets are only attracting attention for their investment value. More than 3,000 visitors attended UDC 2022 as well as a total of 50 speakers, sharing various insights and communicating.

Upbit hosted the AMA DU Festival with Mask Network on Dunamu’s metaverse platform, 2ndblock, in April this year. AMA is a venue designed to support communication between Upbit users and digital asset developers.

Upbit has been ranked first among domestic exchanges by UK blockchain analytics firm CrytoCompare, cementing its status as a trusted digital asset exchange. It is the only domestic exchange to receive an A grade while being recognized for its various efforts in many aspects to lead digital asset market investment including the improvement of service quality, security and investor protection.

“As the most trusted digital asset exchange, Upbit will provide reliable information to investors,” said an official of Upbit. “Upbit will continue to do its best to establish a healthy digital asset industry.”

BY PARK YE-EUN [park.yeeun@joongang.co.kr]