TTC Protocol Adds 4 Korean DApp Partners: Pikicast, SocDoc, Womanstalk and Cobak
TTC Protocol is among the leading blockchain-based social networking platforms. The network has partnered with several DApps and has a client base of 30 million people. The TTC Protocol enables developers, users and third-parties to access a comprehensive, incentivized and decentralized solution for the integration of blockchain technology.
Recently, TTC Protocol announced partnerships with four new platforms, namely Pikicast, SocDoc, Cobak, and Womanstalk. This will result in the addition of an extra 7.5 million users to the TTC network.
Pikicast is one of the leading mobile content platforms in South Korea. So far, the application has been downloaded 19 million times. It is popular among millennials who use the app to get updates through text, pictures, videos and other web content.
SocDoc is the most popular online female mobile community in South Korea. Remarkably, users on this platform use anonymous identities to share their thoughts on various issues affecting women. As of now, SocDoc has 250,000 registered users. One-third of these visit the platform at least five times every week. The platform averages 10,000 posts and 100,000 comments on a daily basis.
Womanstalk is the pioneering fashion and beauty video commerce platform in South Korea. It has over 1.2 million users, as well as over 200,000 products, making it the largest platform of its kind in the country. The objective of this services is to improve the mobile shopping experience by enabling users to share the latest products using short videos. The Womanstalk community comprises of video influencers, YouTubers and native influencers called ‘W-crew.’
Cobak is the leading mobile crypto community in South Korea. The platform has over 300,000 crypto enthusiasts who regularly discuss the latest developments in the blockchain and cryptocurrency industry. Besides, Cobak enables new blockchain projects to advertise themselves using the live quiz show.
Reasons for Choosing Korea
The following are the reasons why TTC protocol chose four Korean companies as its strategic partners:
A majority of Koreans live close to the capital city, Seoul. Also, most of the citizens of the country have attained university education. In addition, Korea has state-of-the-art internet infrastructure throughout the country. These factors make it easier to spread information trends in the country as compared to other locations across the world.
Wide User coverage
As mentioned earlier, these partnerships will bring in 7.5 million additional users. Given that the population of millennials in Korea is 15 million, it means that TTC has already captured half of its intended audience. Within a short time, TTC would be popular among all Korean millennials.
Korea is among the first countries where digital assets were bought using fiat money. For finance, a Korean native bought a digital sword for a reported $25,000 in the early 2000s. This trend is still common in the country. According to a recent survey, at least 40% of working-class Koreas have owned cryptocurrencies in their lifetime.
Speaking on the partnerships, Brian Cheong, Founder and President of TTC Protocol, said that they are a significant step towards the mass adoption of blockchain technology. Brian added that the TTC protocol will overtake the Ethereum DApp platform because it has a superior number of daily active users. He concluded by saying that TTC will lead the mass adoption of blockchain technology.
As of now, TTC is conducting penetration and security tests on their recently introduced Testnet called Merapi. Later on, TTC will integrate the four new partners into the TTC SDK. There, they will perform tests on the TTC Reward Engine that is expected to launch in the first quarter of 2019. After Korea, TTC will shift focus to Thailand, Vietnam and Indonesia.