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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

1. Introduction
2. Background of Dunamu and Upbit
3. Lee Sir-goo’s statement
4. Focus on existing services
5. Metauniverse platform Second Block
6. Upbit NFT trading platform
7. Reviewing existing businesses
8. Listing plan
9. Conclusion
10. FAQs
# According to Reports, Dunamu’s CEO Lee Sir-goo Stated That the Company Will Focus on Existing Services and Strengthen Internal Stability

Introduction

In the world of cryptocurrencies, Upbit, a South Korean crypto trading platform, has gained significant ground. Dunamu is the company that operates Upbit, and they have come a long way since their inception. For the first time in a while, Lee Sir-goo, the CEO of Dunamu, spoke at the 11th shareholders’ meeting about the direction the company will take this year.

Background of Dunamu and Upbit

Dunamu started in 2012 and established Upbit in 2017. Since then, Upbit has become one of the largest cryptocurrency exchanges in South Korea, with a user base of over 6 million. Dunamu is also known for its innovative products and services, such as their metauniverse platform Second Block and NFT trading platform Upbit NFT.

Lee Sir-goo’s Statement

During the 11th shareholders’ meeting, Lee Sir-goo gave a glimpse of Dunamu’s focus for the year. He mentioned that the company will not launch new businesses but will focus on strengthening the existing ones. Lee cited that their new services have not yet met the expected results.

Focus on Existing Services

Lee Sir-goo emphasized the importance of improving the services they already have. One of Upbit’s strength is providing a user-friendly platform that allows even beginners to buy and trade cryptocurrencies with ease. By focusing on existing services, Dunamu aims to improve users’ experience, make trading more convenient and eventually lead to user retention.

Metauniverse Platform Second Block

Dunamu’s metauniverse platform Second Block is an innovative product that aims to create a virtual world where users can create and interact with each other. Second Block has incredible possibilities that span across unique assets, economies, and storytelling. Despite these possibilities, Lee Sir-goo admits that the platform has not met its projected results. Therefore, Dunamu will focus on reviewing and improving Second Block to create a better experience for users.

Upbit NFT Trading Platform

NFTs or non-fungible tokens have been the subject of recent debates in the world of cryptocurrencies. Dunamu has also joined the bandwagon with their Upbit NFT trading platform. The platform launched in April 2021, and thousands of artworks have already been registered on the platform. However, despite the success, Lee recognizes the need for improvement, and therefore, part of Dunamu’s focus this year will be on enhancing the platform’s NFT aspect.

Reviewing Existing Businesses

Dunamu’s CEO Lee Sir-goo acknowledges the need to assess their existing businesses. By reviewing the current businesses’ strengths and weaknesses, Dunamu will identify any areas that need improvement to ensure they continue providing high-quality services. Doing so will also allow them to refine their approach to serve their customers better.

Listing Plan

During the shareholders’ meeting, there was a question about Dunamu’s listing plan. In response, Lee Sir-goo stated that there is currently no specific plan for listing. He stated that the timing is not good due to the current market situation. Therefore, Dunamu is observing the situation and will decide on any listing plan based on market trends.

Conclusion

In conclusion, Dunamu’s focus this year will be to better serve its customers by improving its existing services. The company will focus on reviewing their businesses and making improvements where necessary. This approach will ensure that their products and services are of high quality and provide users with the best possible experience.

FAQs

1. What is Dunamu, and what services do they provide?
Ans: Dunamu is a company that operates Upbit, a South Korean crypto trading platform, and provides innovative products and services such as Second Block and Upbit NFT trading platform.
2. What is Dunamu’s plan for the year, according to Lee Sir-goo?
Ans: Lee Sir-goo stated that Dunamu will focus on their existing services and strengthen internal stability this year and will not launch new businesses.
3. Does Dunamu have any specific listing plan?
Ans: Lee Sir-goo stated during the shareholders’ meeting that there is no specific listing plan, and the timing is not good due to the current market situation.