JANCTION and C2E signed a strategic partnership (MOU) to expand between the Japanese and Korean markets.
JasmyLab Inc., the company behind the Layer2 blockchain “JANCTION” specialized in data utilization (Head office: Tokyo, Japan; CEO: Hiroshi Harada), has agreed to a strategic partnership with Chain With Limited (Head office: Seoul, South Korea; CEO: Jeon Yoon), the operator of the Web3 project “C2E”, an anonymous bulletin board with 4 million users in Korea.
■ C2E is a project to explore new possibilities for the X2E model through a new Community to Earn model that offers rewards for community activities within its own active message board community. C2E’s flagship product is the C2E WALLET, a reward wallet that makes it extremely easy for Web 2.0 and 3.0 users to receive and spend their rewards. In Korea, C2E already operates “일베저장소” (a.k.a. ilbe) with a total of over 4 million users.
■JANCTION is an original L2 blockchain that provides accurate and traceable data input and protects personal information and privacy for SMEs and other companies developing products that utilize generative AI. Furthermore, by providing distributed GPUs, a computing resource that is expected to be exhausted in the future, we will support the development of generative AI products in terms of quality improvement, cost reduction, and seamless deployment to Web3.
Its special features are the “Jasmy Personal Data Locker”, a decentralized database that can ensure privacy and provide anonymized data, and the world’s first “Blockchain PC” that enables device management and productivity at the same time, and is an incubation project for the “JASMY” from Japan.
Jeon Yoon, CEO of C2E, commented: “We are very pleased to sign this MOU with JANCTION. With this MOU, JANCTION and C2E have set a common goal of “mass adoption of blockchain technology”. Through technological development cooperation, we will break down the barriers to entry for Web2 users to Web3".
HARA, CEO of JANCTION, commented: “We are very pleased to announce our partnership with C2E. We are very pleased to announce our partnership with C2E, a very challenging project with over 4 million users in Korea, which is expanding to Web3.
In addition to that, I think the structure of Community to Earn and the high level of technology on which it is based are excellent.
Kana Labs, which is responsible for blockchain development for both companies, helped us collaborate on this project. I would like to take this opportunity to thank them as well.
JANCTION, an AI-specific open source blockchain, will work with many user databases to create new innovations through the utilization of said data.
Through this collaboration, we hope to create a project where users between Japan and Korea can experience new revenue opportunities through numerous applications.
C2E
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JANCTION
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