Korean startups
S.Korean startup Time Percent gives power to digital asset investors
The startup operates Trading Bank, a product in which users can create their own digital asset investing strategy
By Jul 29, 2022 (Gmt+09:00)
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South Korean startup Time Percent Corp. was founded a year ago with the specific goal of giving power to the investors of digital assets, rather than the operators of such trading platforms.
On Thursday, startup accelerator D.Camp held its monthly demo event at its Seolleung headquarters.
Out of the five startups that pitched their ideas to the venture capitalists in front of some 100 audiences, Time Percent won first place.
Each team had five minutes to present their business models, followed by 10 minutes of Q&A sessions.
The theme for the July event was energy, hosted in conjunction with Korea Electric Power Corp. (KEPCO) and the Korea Institute of Energy Technology (KENTECH).
This month’s goal was to discover and nurture startups in the energy sector.
The Naju city, South Jeolla province-based KENTECH signed a memorandum of understanding (MOU) with D.Camp earlier this month.
Time Percent began as an online course titled “How to make AI-powered automated investing bot” on the Class101 platform in May 2020. A year later, the accumulated number of students in the class exceeded 7,000.
On the back of such popularity, it set up the first digital asset Robo-advisor test bed last December.
Time Percent operates what it dubs a Trading Bank, a product in which users can create their own digital asset investing strategy to sell to fellow investors and help operate.
The users can also benefit from the tens of thousands of data available on Trading Bank and allow for automated trading around the clock.
Write to Jee Abbey Lee at jal@hankyung.com
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