On December 2nd, 2021, 1p.m. the long awaited first phase of the KOK update will begin.
Currently, the global economy and society are rapidly changing with the adoption of blockchain and cryptocurrency. KOK is at the forefront of these changes and is preparing numerous projects to further grow the KOK ecosystem. The goal of this update is to expand the ecosystem by ultimately creating a ‘metaverse’.
In the video below, CEO Panjong Kim introduces the goals and changes that are taking place in the update as the first of many steps towards the metaverse.
To summarize the video, the following changes will occur in V3.
1. Introduction of Subscription Passes: The launch of subscription passes will allow unlimited access to all contents for 30 days. The passes will be divided into three categories according to the scope of use, and the mileage accrual rate will increase significantly compared to the existing accrual rate.
2. Reorganization of UI: The update will feature a more user-friendly and convenient version of the contents tab that includes new functions such as ‘search’ and ‘wish list’. This will help users find the content they wish to consume in real time.
3. Added Chat and Payment Functions: These elements are the second step of V3. The chat function will allow members to add friends, communicate with each other, and send funds utilizing an offline KOK payment method.
We welcome you to experience the upcoming improvements with KOK PLAY. Starting with this update, we will continue changing and developing to stand our ground as leaders in the technology field. Thank you for your support.
[Notice] Due to Apple’s policies, the iOS update will be implemented at a later date. Thank you for your understanding.
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