Arowana: Monthly Update — Sep 2022

Arowana
Arowana Project
Published in
4 min readOct 13, 2022

Arowana monthly update for September 2022.

In September Arowana Monthly Update, it includes July and August Arowana Monthly Updates as well.

Main Activities in July ~ September

Implementing ARW to Hancom Link E-BIZ App: As Hancom is developing a new E-BIZ app in July, Arowana is working on implementing Arowana Token (ARW).

The E-BIZ app is an app that allows users to purchase various products in real life at reasonable prices and is currently developing UI/UX for users to purchase products more conveniently.

The goal is to make usable and chargeable Arowana tokens within the app. It is expected that the use of Arowana tokens in real life will continue to expand as the business develops.
After modification and supplementation, the app will be launched soon.

Launch of 20 types of physical-linked NFT products: In August, Arowana launched physical-linked NFT products that can be used in real life on the NFT marketplace.

LG OLED TV, eyewear, design and insurance services, home styling, and other products that NFT buyers can actually receive benefits from purchasing the NFTproduct.

Arowana Wallet Service Development: From July to the present, the development of the Arowana Wallet service, which was one of the important milestones specified in the roadmap, is in progress.

This wallet service is Arowana’s own wallet service and is currently under development with a focus on expanding Arowana DeFi’s services.

Arowana is planning to provide users with swap and staking services in the beginning stage and expand the ecosystem by providing various token swap services and staking options in the future.

The advancement of various services is in progress by linking with the E-BIZ app through Arowana Wallet.

2022 K-ICT Week: In September, Arowana has done an internal ecosystem development and conducted external activities at the same time.

Hancom Frontis participated in the 2022 K-ICT, a comprehensive information and communication technology event hosted by Busan Metropolitan City and the Ministry of Science and ICT. Arowana has participated in the event with other 400 projects around the world related to AI and information and communication technology.

At the event, Frontis collaborated with Busan City to introduce Azmeta, a service that turned the famous Jagalchi market in Busan into a metaverse.

Various fashion brands shop in Azmeta, where users can try on their avatars and then purchase real clothes if they need them and deliver them to their desired location in real life.
Arowana is continuously discussing the use of the Arowana token as a default currency in Azmeta.

From July to September, the Arowana Project puts a lot of effort into strengthening the internal stability and building the project’s infrastructure. The Arowana team is working to achieve milestones as the roadmap.
Arowana will also be devoted to expanding the ecosystem of the project and stabilizing it through these efforts.

Thank you

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