Dunamu, Operator of Upbit, to Focus on Existing Services and Internal Stability in 2021

According to reports, Lee Sir-goo, CEO of Dunamu, an operator of Upbit, a South Korean crypto trading platform, stated at the 11th shareholders’ meeting that the company will focus on existing services and strengthen internal stability this year and will not launch new businesses. Lee said that existing new services such as Dunamu’s metauniverse platform Second Block and NFT trading platform Upbit NFT have not yet achieved the expected results, so they are currently reviewing their existing businesses. Regarding the issue of listing, Lee said that there is currently no specific listing plan and the timing is not good, so he is observing the situation.

CEO of Dunamu, Upbit operator: No new business will be launched this year, and no listing plan has been determined yet

At the 11th shareholders’ meeting, CEO of Dunamu, Lee Sir-goo, announced that the company will be putting its focus on existing services and internal stability in the coming year. This article will discuss the statement made by Lee, the reasons behind the focus on existing services, and Dunamu’s plans for the future.

Outline

1. Introduction
2. Who is Dunamu?
3. Lee Sir-goo’s Statement
4. Why Focus on Existing Services?
5. Dunamu’s Existing Services: Second Block and Upbit NFT
6. Reviewing Existing Businesses
7. Listing Plans
8. Conclusion
9. FAQs

Who is Dunamu?

Dunamu is a South Korean company that operates Upbit, one of the largest cryptocurrency trading platforms in South Korea. The company was established in 2012 and has since become a major player in the Korean cryptocurrency market.

Lee Sir-goo’s Statement

At the 11th shareholders’ meeting, Lee Sir-goo, CEO of Dunamu, announced that the company will not be launching any new businesses this year and will instead focus on existing services and internal stability. Lee stated that new services such as Dunamu’s metauniverse platform Second Block and NFT trading platform Upbit NFT have not yet achieved the expected results, which is why they are reviewing their existing businesses.

Why Focus on Existing Services?

The decision to focus on existing services is a strategic move by Dunamu to ensure stability and growth in the long-term. By shifting their focus to existing services, they can ensure that these services are performing at their best and are meeting the needs of their users. This will help to solidify Dunamu’s position in the market and provide a strong foundation for future growth.

Dunamu’s Existing Services: Second Block and Upbit NFT

Dunamu’s existing services include Second Block and Upbit NFT. Second Block is a metauniverse platform that allows users to create and interact with their own virtual world. Upbit NFT is a trading platform for non-fungible tokens (NFTs), which are unique digital assets.

Reviewing Existing Businesses

The decision to review their existing businesses is not uncommon in the tech industry, as companies are constantly looking to improve and innovate. By reviewing their existing businesses, Dunamu can identify areas for improvement and make any necessary changes to ensure that their services are performing at their best. This will help Dunamu to maintain a competitive edge in the market and provide the best possible experience for their users.

Listing Plans

Regarding the issue of listing, Lee Sir-goo stated that there is currently no specific listing plan and the timing is not good, so they are observing the situation. While listing plans may not be immediate, Dunamu is still a major player in the cryptocurrency market and is likely to continue to be a major player for years to come.

Conclusion

In conclusion, Dunamu’s decision to focus on existing services and internal stability is a strategic move that will help the company to maintain a strong position in the market and lay the foundation for future growth. By reviewing their existing businesses and ensuring that their services are performing at their best, Dunamu can provide a high-quality experience for their users and maintain a competitive edge in the market.

FAQs

1. What is Dunamu?
Dunamu is a South Korean company that operates Upbit, a major cryptocurrency trading platform in South Korea.
2. What are Dunamu’s existing services?
Dunamu’s existing services include Second Block, a metauniverse platform, and Upbit NFT, a trading platform for non-fungible tokens (NFTs).
3. Will Dunamu be launching new businesses this year?
No, Dunamu will be focusing on existing services and internal stability this year instead of launching new businesses.