Deblock wants to support over 300 Blockchain-based startups in Korea | Tech News


Deblock is a new corporation jointly established by ICON Foundation and AD4th, a AdTech company leveraging Blockchain .

Deblock will start operations from this month and will support 300 startups over the next three years. Specifically, the company plans to involve in exploring and investing in block-chain projects, supporting office space and infrastructure for ICON, and jointly developing and marketing blockchain-based models.

Deblock will select candidates for the team with strong execution capabilities and an excellent understanding of the Blockchain technology. ICON says that Deblock will serve as a bridge between various domain experts to join the blockchain ecosystem.

Lee Kyung-joon, chairman of the ICON Foundation, said, “I expect to see a variety of services using Icon technology.” “I would expect Deblock to contribute to the development of a blockchain ecosystem through the focused acceleration program.” Oh Hyun-seok, a partner at Deblock said, “In order to help commercialize a blockchain service, we aim to support more than 50 companies this year beyond the monetary investment.”

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