Predict your next investment

LINKFLOW company logo
CONSUMER PRODUCTS & SERVICES | Consumer Electronics
linkflow.co.kr

See what CB Insights has to offer

Founded Year

2016

Stage

Series B - II | Alive

Total Raised

$19.16M

Last Raised

$1.69M | 1 yr ago

About LINKFLOW

LINKFLOW is a hardware company that produces the FITT360, a neckband-type 360-degree camera. The company's products include FITT360 SECURITY, a B2B product that targets the security/safety market, and a B2C version of the FITT360 for everyday and travel/vacation recording.

LINKFLOW Headquarter Location

54, Nonhyeon-ro 2-gil, Gangnam-gu 4F

Seoul, 06313,

South Korea

+82-70-5178-2582

Latest LINKFLOW News

Jack Dorsey to Convert His Twitter Auction Proceedings Into BTC

Mar 10, 2021

Rate this post The Twitter INC boss Jack Dorsey decides to convert the proceedings from his tweet auction. The digital auction of the first-ever tweet on the platform stating “just setting up my twttr” went live on sale last Friday . Last week, the billionaire listed the tweet as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs). He promoted the tokenized version of his very first tweet on Valuables, an Ethereum powered platform for issuing non-fungible tokens (NFTs). NFTs are digital files that serve as digital signatures that certify the user who owns the online media. Which includes photos, videos, etc. Jack Dorsey Converting Twitter Auction Into BTC Jack Dorsey has been a huge advocate of Bitcoin for years. It is no secret that the Twitter and Square CEO has an absolute love for cryptocurrency over the years. He says Bitcoin for him is like poetry. However, Dorsey has always kept himself clear of altcoins. Back in October 2020, he clarified that he didn’t own any Ethereum. In Dorsay’s tweet that reads that the auction will end on March 21, he also mentioned the donations of proceedings to GiveDirectly. It is a non-profit organization that specializes in providing direct cash transfers to low-income people. However, it is not clear why Dorsey is converting funds to BTC only. GiveDirectly FAQ says it accepts donations in multiple cryptocurrencies. Twitter CEO To Donate Proceeding To GiveDirectly GiveDirectly is currently accepting donations in cryptocurrency. The organization said “We’ve accepted crypto for a while, and think there’s some philosophical similarity (e.g., focus on efficiency of payments, especially through tech, individual empowerment, etc.) which has persuaded a number of folks to give directly,”  GiveDirectly had received more than $20 million worth of donations in cryptocurrency till now. These 20 million are from multiple funds. $5 million from the Pineapple Fund in 2017, more than $5 million across two separate gifts from Ethereum founder Vitalik Buterin and $10 million from an anonymous donor. Parity Technologies aims at developing and releasing a generic asset parachain to serve as one of the first common-good chains on Polkadot. Dubbed Statemint, it would provide functionality for deploying various asset types, such as tokenized artwork or even central bank digital currencies (CBDCs). Statemin to Come on Polkadot The press release shared with CryptoPotato explained that the on-chain governance networks of Polkadot and Kusama can currently grant parachain slots by public referendum instead of determining the slot winner via auction mechanisms. Those so-called common-good parachains provide functionality that would be susceptible to the free-rider problem if the auction market dynamics are in play. Consequently, Parity Technologies has decided to target the potential issues by developing a generic assets parachain network called Statemint. Apart from enabling the deployment of different types of assets, the new initiative would also provide lower fees and an overall better user experience. The statement noted that blockchain networks can track ownership of a base layer asset – the native protocol token. However, they can perform substantially more complex tasks, so it “also makes sense to track other assets without launching a new network for each one.” All crypto assets, whether backed by an on-chain protocol’s utility, by off-chain reserves, or without backing, derive their value from the owner’s belief that the issuer is able and willing to deliver on the promise they provide. ADVERTISEMENT As such, while the parachain would not deliver the verification tools as they are unique to each asset deployed on-chain, it would provide the “core functionality to issue such assets where each issuer would defend the authenticity of their promises.” “Each issuer would need its own methods to defend authenticity. For example, a gold issuer could provide certificates of authenticity and its vault records. Owners of the on-chain asset should consider the strength of these verifications techniques.” How Would it Work? The PR further explained that the generic assets chain would allow anyone to deploy a product as long as they put down a deposit in Polkadot’s native cryptocurrency – DOT or KSM for the Kusama parachain. In some cases, when the Relay Chain’s governance approves a certain request, assets can be registered without a deposit. Polkadot typically requires accounts to have a minimum balance (known as the Existential Deposit (ED)). If it drops below it, the EDs are automatically deleted to avoid the buildup of low-value “dust” accounts. Upon deploying the asset, the creator can establish a maintenance team consisting of an issuer, an administrator, and a freezer who can pause all tokens. Statemint will also be fully aligned with the Relay-chain’s token holders allowing governance bodies to have control over the direction of the chain. SPECIAL OFFER (Sponsored) Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer). PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC. You Might Also Like: Parity Technologies aims at developing and releasing a generic asset parachain to serve as one of the first common-good chains on Polkadot. Dubbed Statemint, it would provide functionality for deploying various asset types, such as tokenized artwork or even central bank digital currencies (CBDCs). Statemin to Come on Polkadot The press release shared with CryptoPotato explained that the on-chain governance networks of Polkadot and Kusama can currently grant parachain slots by public referendum instead of determining the slot winner via auction mechanisms. Those so-called common-good parachains provide functionality that would be susceptible to the free-rider problem if the auction market dynamics are in play. Consequently, Parity Technologies has decided to target the potential issues by developing a generic assets parachain network called Statemint. Apart from enabling the deployment of different types of assets, the new initiative would also provide lower fees and an overall better user experience. The statement noted that blockchain networks can track ownership of a base layer asset – the native protocol token. However, they can perform substantially more complex tasks, so it “also makes sense to track other assets without launching a new network for each one.” All crypto assets, whether backed by an on-chain protocol’s utility, by off-chain reserves, or without backing, derive their value from the owner’s belief that the issuer is able and willing to deliver on the promise they provide. ADVERTISEMENT As such, while the parachain would not deliver the verification tools as they are unique to each asset deployed on-chain, it would provide the “core functionality to issue such assets where each issuer would defend the authenticity of their promises.” “Each issuer would need its own methods to defend authenticity. For example, a gold issuer could provide certificates of authenticity and its vault records. Owners of the on-chain asset should consider the strength of these verifications techniques.” How Would it Work? The PR further explained that the generic assets chain would allow anyone to deploy a product as long as they put down a deposit in Polkadot’s native cryptocurrency – DOT or KSM for the Kusama parachain. In some cases, when the Relay Chain’s governance approves a certain request, assets can be registered without a deposit. Polkadot typically requires accounts to have a minimum balance (known as the Existential Deposit (ED)). If it drops below it, the EDs are automatically deleted to avoid the buildup of low-value “dust” accounts. Upon deploying the asset, the creator can establish a maintenance team consisting of an issuer, an administrator, and a freezer who can pause all tokens. Statemint will also be fully aligned with the Relay-chain’s token holders allowing governance bodies to have control over the direction of the chain. SPECIAL OFFER (Sponsored) Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer). PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC. You Might Also Like: Parity Technologies aims at developing and releasing a generic asset parachain to serve as one of the first common-good chains on Polkadot. Dubbed Statemint, it would provide functionality for deploying various asset types, such as tokenized artwork or even central bank digital currencies (CBDCs). Statemin to Come on Polkadot The press release shared with CryptoPotato explained that the on-chain governance networks of Polkadot and Kusama can currently grant parachain slots by public referendum instead of determining the slot winner via auction mechanisms. Those so-called common-good parachains provide functionality that would be susceptible to the free-rider problem if the auction market dynamics are in play. Consequently, Parity Technologies has decided to target the potential issues by developing a generic assets parachain network called Statemint. Apart from enabling the deployment of different types of assets, the new initiative would also provide lower fees and an overall better user experience. The statement noted that blockchain networks can track ownership of a base layer asset – the native protocol token. However, they can perform substantially more complex tasks, so it “also makes sense to track other assets without launching a new network for each one.” All crypto assets, whether backed by an on-chain protocol’s utility, by off-chain reserves, or without backing, derive their value from the owner’s belief that the issuer is able and willing to deliver on the promise they provide. ADVERTISEMENT As such, while the parachain would not deliver the verification tools as they are unique to each asset deployed on-chain, it would provide the “core functionality to issue such assets where each issuer would defend the authenticity of their promises.” “Each issuer would need its own methods to defend authenticity. For example, a gold issuer could provide certificates of authenticity and its vault records. Owners of the on-chain asset should consider the strength of these verifications techniques.” How Would it Work? The PR further explained that the generic assets chain would allow anyone to deploy a product as long as they put down a deposit in Polkadot’s native cryptocurrency – DOT or KSM for the Kusama parachain. In some cases, when the Relay Chain’s governance approves a certain request, assets can be registered without a deposit. Polkadot typically requires accounts to have a minimum balance (known as the Existential Deposit (ED)). If it drops below it, the EDs are automatically deleted to avoid the buildup of low-value “dust” accounts. Upon deploying the asset, the creator can establish a maintenance team consisting of an issuer, an administrator, and a freezer who can pause all tokens. Statemint will also be fully aligned with the Relay-chain’s token holders allowing governance bodies to have control over the direction of the chain. SPECIAL OFFER (Sponsored) Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer). PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC. You Might Also Like: [PRESS RELEASE – Hong Kong, Hong Kong, 9th March 2021, ChainWire] Linkflow , a Hong Kong-based crypto prime brokerage service, has announced on Tuesday (March 9th, 2021), that along with its traditional asset management offerings, it is launching new digital asset-based services. The service is focused on a platform for providing seamless connectivity to the broader cryptocurrency ecosystem giving clients unprecedented access and management to a wide array of digital assets. Within the ecosystem there are many value-added services such as: valuation services, fund administration and management, asset lending, access to network staking and ecosystem voting. Linkflow intends for its new product to cater to and attract hedge fund managers and other high networth individuals and corporations from traditional finance into crypto investing to make trading and management easier for non-crypto investors by giving them access to a unified API gateway, secure services, and friendly user experience. Thereby bringing the new DeFi space to traditional investors. While DeFi is projected to reach 1 billion users and $10 trillion dollars of on-chain value in the coming few years, projects and individuals have been limited by high fees, network congestion, poor user interfaces, and scalability issues. To resolve these issues, Linkflow helps users with access to liquidity, leverage, and yield generation through its own services. “Linkflow sits in the middle of the DeFi and traditional markets and offers a one-stop-shop for spot and derivatives trading aggregation, margin extension, capital introduction, and even optimized bot trading” said Chris Jung, the president of Linkflow. The core team was formed in 2018 led by blockchain & financial expert Chris Jung, while the Linkflow company itself was newly established in 2021 with an aim to offer collaborated Defi and Prime Brokerage services. It is headquartered in Hong Kong and has presences in both South Korea and Japan. The team has been working with more than 30 institutional investors globally from both the crypto and traditional finance space which include: several mining pools with a large presence in Asia, crypto lenders and traders, and quantitative hedge funds with investments in traditional finance and exchanges. Since prime brokers are in many cases the gateways to the market, institutional investors would greatly benefit from having a one-stop-shop solution like Linkflow to engage with the new, emerging digital assets market bringing easy access to major crypto exchanges, DeFi protocols and products, and a simplified onboarding process. SPECIAL OFFER (Sponsored) Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer). PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC. Enjoy reading? Share with your friends

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing LINKFLOW

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

LINKFLOW is included in 1 Expert Collection, including Smart Home & Consumer Electronics.

S

Smart Home & Consumer Electronics

1,081 items

This Collection includes companies developing smart home devices, wearables, home electronics, and other consumer electronics.

LINKFLOW Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

LINKFLOW Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.