Virtual Currency Exchange Okcoinbank announced on December,14th that it will carry out the virtual monetary disclosure (ICO) of Japanese cipher Mcoin. ICO Pre-Sale will be held until December 31. Additional pre-sale is scheduled for early 2018. Caisinfo Co.,Ltd (CEO Kim Eun-hwa), who operates Okcoinbank, (www.okcoinbank.co.kr) said that CEO Kwon Seok-cheol, the first-generation cyber security expert in Korea, will participate as an exchange operator.

Mcoin is a virtual money chain (passwords) developed under the slogan `lifestyle coin`. Although it is a block chain-based coin, it can be used as a practical transaction means until quick transaction and actual shopping mall purchase interlocking. Unlike bitcoin, MCOin does not require complicated mathematical operations, so it is also an eco-friendly coin that does not consume much power.

Meanwhile, Mcoin aims to raise a total of 6 billion funds through ICO`s first presale.

By Lee Gyu Hwa Editorial reporter david@


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