Hong Kong – June 07, 2022 – Army Dollar Group, the Korean branch of BTS ARMY Co., Ltd. in Hong Kong, has verified that the Army Dollar Coin is confirmed to list on the global international exchange XT.COM, headquartered in Singapore, on June 9.
XT.COM is an international exchange based in Singapore, which ranks in the top 30 in the global market based on CoinMarketCap and in the top 10 globally based on the 24-hour trading volume.
BTS Army Co., Limited, which has been operating a news site for BTS fans (army) for years, has also made efforts for artists and fans to culturally bond by issuing Army Dollar Tokens. It was released and listed on “DEXORCA”, a global hybrid virtual currency international exchange, on May 20.
Following Dexoroca, Army Dollar Coin is scheduled to list on XT.COM in early June as an ERC-20 coin based on Ethereum (ETH). This coin is a cryptocurrency with a smart contract function popular among users with high stability like USDT. When it lists, about 900 million (30%) of the total 3 billion issuances are estimated to circulate, and the rest will be in the Metaverse, ARMYWORLD.IO, to be used as currency.
BTS Army Co., Limited signed an agreement with Morrowbogi, a professional Metaverse developer, to create the ARMY WORLD Metaverse platform. Morrowbogi is also developing to release the ARMY WORLD beta version in the first half of 2023. The system was configured so that active Army Dollar members could utilize Metaverse for virtual real estate sales, NFT marketplaces, shopping malls, etc., and receive Army Dollar Tokens.
Also, on May 23, Won-Seok Lee, Chairman of Army Dollar Group, and Jeong-hwan Kim, CEO of MANAI BAISHIN LLC & MLD PLUS, held a signing ceremony and promised to cooperate in all areas of business for the future development and profit realization of both companies. Mongolia-based MANAI BAISHIN LLC & MLD PLUS Co., Ltd. is a company that is currently constructing large-scale apartments in a luxury residential area of Ulaanbaatar, the capital of Mongolia. The company also owns 360,000 pyeong of land for commercial facilities and residential use in Ulaanbaatar.
The two companies decided to jointly promote a plan to build a physical Army World to give Army fans worldwide the possibility to fulfill their dreams while utilizing the Army Dollar tokens.
Chairman Lee Won-Seok said, “It was possible thanks to the love from their fans as it was essential to the constant growth of BTS to become one of the world’s top Hallyu brands. The Army Dollar Token is a crypto currency for the BTS fandom, and as it becomes a strong bond that connects superstars and fan more culturally, it will be a means of rewarding fans for their activities. We plan to develop the Army Dollar to become the main focus while pioneering an era in which the tokens we created surpasses Bitcoin.”