币圈女菩萨 | Pizza披萨🍕|12月 13, 2025 12:44
Katana @ Katana has started to attack the Korean market.
Actually, I have always wanted to analyze the Korean market and think it is particularly worth talking about.
Looking back at the past year, the South Korean market has become a battleground for successful projects. Being able to go to South Korea has become a certain degree of guarantee for the price of the currency to take off.
In fact, the Korean market is a place with a relatively small population but particularly high leverage for many Web3 projects.
According to South Korean media citing data from the Bank of Korea, the number of people involved in cryptocurrency trading is close to 30% of the country's population. This means that any growth action will have a sufficiently large local absorption disk and propagation density.
And the liquidity concentration in the Korean market is exaggerated. Upbit will account for approximately 71.6% of the domestic cryptocurrency trading volume in South Korea in the first half of 2025. For the project team, it is equivalent to a reality: as long as you take the top entrance, market feedback will be very fast, and price discovery is more likely to experience drastic fluctuations.
Moreover, although South Korea has a high regulatory threshold, the rules are very clear, so being able to operate stably in this market and obtain channel resources makes it easier for the outside world to assume that compliance and risk control are not too hasty.
The most important point is that Koreans have a low cost of understanding Web3 games, item economy, membership system, and other things because it is already one of the most mature gaming markets in the world. So you will see many projects in Korea promoting gamified tasks, seasonal points, and team gameplay.
The launch of the Katana Korean community event is actually a reassurance for the global community. If it can be listed on the Korean stock exchange and, as I analyzed before, has a low liquidity opening, it should not be a big problem with the market value of 1 billion yuan, as supported by @ 0xPolygon's resources and @ GSR_io's market making and financial support.
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