Korbit is a South Korean cryptocurrency firm base in Seoul and launched in 2013. It was the first exchange to launch a Bitcoin-Korean Won (BTC/KRW) market. It’s primary features include facilitating buying, selling, and secure storage of a broad spectrum of digital assets, encompassing major cryptocurrencies including Bitcoin and Ethereum, alongside numerous altcoins, primarily through KRW pairings.

Beyond these core trading functions, Korbit users can engage in crypto-to-crypto trading, utilize the platform’s dedicated digital asset wallet, and participate in staking services to earn rewards on their holdings. Korbit also operates a non-fungible token (NFT) marketplace and provides tools such as automated trading, recurring investment options, and bundled asset purchases.

Korbit employs employs robust security measures including multi-factor authentication and substantial cold wallet storage. The exchange is committed to full compliance with South Korea's stringent financial regulations, encompassing comprehensive anti-money laundering (AML) and know-your-customer (KYC) procedures and collaboration with domestic financial institutions such as Shinhan Bank for verified real-name accounts.

Team members
We currently don't have any public team members for
Korbit
Related Articles
We currently don't have any published resources on
Korbit
Related Projects
Diamond Standard

Diamond Standard creates a novel, investable, and tradeable asset class through the tokenization of real, investment-grade IGI (International Gemological Institute) and GIA (Gemological Institute of America) certified diamonds. 

These commodities are investment products combining real diamonds with digital blockchain technology. They offer investors a standardized unit of diamonds in the form of “Coins” and “Bars.” These can be traded for liquidity or held as investments secured by both the physical commodity and the immutable Hedera blockchain.

Each Coin and Bar contain an equivalent, optimized set of natural diamonds that add up to the same geological scarcity of carat weight, color, and clarity. Every sample and every commodity are public, and are designed to trade in lockstep market price.

Inside each asset is a military-grade wireless (NFC) encryption chip, enabling authentication, instant transactions, and remote audit.

Diamond Standard seeks to provide investors with a secure and accessible way to invest in diamonds at convenient, lower entry point via digital tokens called “Carats” issued from physical commodities.

Lexie

Lexie is an AI-powered enterprise solution that enables businesses to securely integrate advanced AI models with proprietary data. Its platform is designed to provide real-time insights and automation, while ensuring the privacy and security of a company's internal information.

The core of Lexie's service is its custom-built large language model (LLM) stack, which is designed to outperform popular systems such as ChatGPT while reducing the risk of "hallucinations," or inaccurate outputs. The platform can be deployed on-premise or in a hybrid cloud environment, giving businesses maximum flexibility and control over their data while ensuring data safety compliance in any operational environment. 

Lexie's fullstack array of professional services are tailored to a variety of industries, including financial services, legal and compliance, and media and entertainment. A key product is the LEXI AI-Powered Captioning Tool Kit, which leverages the platform's advanced AI to provide live and recorded captioning, translation, and other media services.

Lazy Superheroes

Lazy Superheroes is a play-to-earn (P2E) idle game built on the Hedera network, centered around a collection of unique superhero non-fungible tokens (NFTs). The project combines digital ownership with passive gameplay, allowing players to earn rewards without requiring constant, active participation. To engage with the game, a player must first own a Lazy Superhero NFT, which serves as their primary in-game character.

The core gameplay loop involves sending superhero NFTs on missions. Missions are time-based and, once initiated, they run passively in the background. Upon successful completion, players are rewarded with $LAZY, the game's native utility token. This token is central to the game’s economy and progression system. Players can then use their earned $LAZY to train their superheroes, which improves their stats and attributes. Upgrading a hero increases its effectiveness, allowing it to undertake more challenging missions and generate greater rewards in the future.

This cycle of sending heroes on missions, earning $LAZY, and reinvesting it into training forms a strategic loop that encourages long-term engagement. The entire ecosystem, from the superhero NFTs to the $LAZY token and the mission transactions, is built and managed on the Hedera network.

5W Foundation

Coming soon..