Editor's PiCK
[KIW 2024] Park Joo-hwan, Co-CEO of STAT, "Aiming to Resolve Information Asymmetry in the Crypto Market... Plans to Enhance STAT AI"
Summary
- Park Joo-hwan, Co-CEO of STAT, stated that the company aims to resolve information asymmetry in the crypto market by providing on-chain and off-chain data quickly.
- STAT plans to offer valuable information to investors through a platform composed of six main features, including a credible news channel and community, and STAT Membership.
- STAT is progressing with the enhancement of STAT AI through collaboration with Bloomingbit until the fourth quarter, strengthening analysis functions using community data.

Park Joo-hwan, Co-CEO of STAT, explained the company's goals and future business plans.
On the 12th, Park Joo-hwan, Co-CEO of STAT, stated at the Korea Investment Week (KIW 2024) Bloomingbit Conference held at the Conrad Grand Ballroom in Yeouido, "STAT is striving to resolve the information asymmetry in the crypto market. We aim to become a platform that provides on-chain and off-chain data, along with a plethora of online information, faster than other platforms, allowing investors to quickly access this information."
The platform structure of STAT consists of six main features: a credible news channel, a community where users can share opinions, the 'STAT Info Bot' that aggregates fragmented information, 'STAT Live' which provides real-time voice information on crypto assets, the 'STAT AI Report' offering an analysis report based on popular articles and community data within 24 hours, and 'STAT Membership' which allows access to key features.
Regarding this, CEO Park stated, "These features can be checked on Hankyung Bloomingbit. STAT utilizes Bloomingbit as a credible news platform. Bloomingbit is a blockchain-specialized subsidiary of Korea's No.1 economic media, Hankyung Media Group, capable of delivering news to many Web2 and Web3 users," adding, "STAT is a strategic investor and cooperative operator of Bloomingbit, engaging in various collaborations."
Meanwhile, CEO Park also explained the future roadmap. He said, "In the first and second quarters of this year, we developed and launched the planned features with Bloomingbit. In the third quarter, we completed the development and launch of STAT AI and began preparing for the onboarding of foundations by developing foundation membership," adding, "In the fourth quarter, we plan to enhance STAT AI using data from community comments and replies."

Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.



