National Delivery Riders Association — SymVerse Labs Sign MOU to Protect Riders’ Rights and Mitigate Platform Monopolies
The National Delivery Riders Association (Chairman Song Ki-seon) and SymVerse Labs Co., Ltd. (CEO Choi Soo-hyuk) signed a Memorandum of Understanding (MOU) on August 11 to strengthen the protection of delivery workers’ rights and reduce the dominance of large delivery platforms. This agreement aims to leverage the core strengths and technologies of both parties to help delivery workers operate in a more stable and fairer environment, while also revitalizing local delivery platform ecosystems. Under the MOU, the two organizations will work together on:A full revamp of the Association’s official website to improve rider data tracking and policy promotion.Building an exclusive online shopping mall for delivery workers to enhance welfare benefits.Designing and operating a regionally based delivery service platform that reduces large platform monopolies and fosters a rider-centric ecosystem. To ensure smooth project execution, a joint steering committee consisting of executives and working-level staff from both sides will be established. This committee will oversee the selection of cooperation projects, determine business priorities, allocate development and operational costs, and provide top-priority support for all agreed initiatives. The agreement is expected to contribute significantly to the creation of a fair delivery ecosystem that respects delivery workers by strengthening their rights and welfare, easing platform monopolies, and establishing community-driven platforms. In anticipation of potential legislation introducing mandatory safety training, rider qualification systems, and criminal background checks, the two parties also plan to implement a blockchain-based member information management system to enhance personal data protection. Chairman Song Ki-seon stated, “Through this MOU, we will help delivery workers be recognized not just as ‘delivery personnel,’ but as essential ‘last-mile logistics professionals’ in their communities. We will do our utmost to create systems and environments where riders can maintain a stable livelihood and work safely.” CEO Choi Soo-hyuk added, “Through this partnership, SymVerse Labs will demonstrate that technology can go beyond improving efficiency to protecting rights and building trust. With blockchain-based member information management and fair platform operations, we aim to set a new standard for the delivery industry”. https://edu.donga.com/news/articleView.html?idxno=93377
SymVerse Labs Launches Enterprise-Grade B2B Blockchain Solutions for the Web3 Era, Accelerates Expansion of Multi-Mainnet Digital Ecosystem
CEO SooHyuk Choi: “Web3 is no longer exclusive to blockchain companies” — aims to expand across industries As the Web3 era progresses, an increasing number of companies are exploring blockchain adoption in areas such as stablecoins, real-world assets (RWA), and security token offerings (STO). Against this backdrop, South Korea-based blockchain technology company SymVerse Labs is gaining attention for its launch of tailored B2B blockchain solutions across various industries. SymVerse Labs (CEO SooHyuk Choi) offers proprietary Fractal Mainnet and Virtual Mainnet solutions, enabling companies to either independently build or quickly lease blockchain infrastructure. These solutions support the creation of customized platforms, including those optimized for stablecoin issuance or STO services based on Ethereum or Ripple networks. A key advantage of SymVerse’s mainnet technology lies in its maturity and integration capabilities. Having undergone long-term development and operation, it comes with a full suite of supporting platforms — including block explorers, monitoring tools, and a decentralized universal wallet — all of which can be seamlessly integrated into client Web3 services. SymVerse Labs offers both deployable and rental-based mainnet models based on client infrastructure requirements and goals: The deployable mainnet is a dedicated on-premise solution that includes ~10 servers for consensus and work nodes, monitoring tools, a blockchain explorer, and wallet APIs. This enables enterprises to independently manage blockchain operations, including token issuance, cross-chain connectivity, and wallet services. The rental-based mainnet uses SymVerse's existing infrastructure and decentralized ID (DID) system, assigning each client a dedicated network ID. With multi-tenancy architecture, it enables low-cost, rapid deployment while offering full access to all SymVerse mainnet functionalities — including a standalone explorer. In addition to the infrastructure, SymVerse Labs offers modular blockchain components to clients, such as: Sallt Wallet: A decentralized wallet supporting SYMM, ETH, BTC, MATIC, and more. It includes built-in DID login and recovery, making it ideal for enterprises to build customized wallet solutions. Blockchain Broker Platform (BBP): A token issuance and management platform that allows for seamless dApp deployment without node setup — featuring automatic gas fee provisioning and easy API integration. Going beyond infrastructure, SymVerse Labs also supports development of Web3-based dApps across use cases like e-commerce, memberships, coupons, play-to-earn (P2E), and betting platforms. To assist companies new to blockchain, it offers consulting services and tokenomics design, creating a comprehensive one-stop solution. CEO SooHyuk Choi stated, “Web3 is no longer the exclusive domain of blockchain companies. Sectors like manufacturing, distribution, healthcare, and education can all benefit from adopting blockchain in a secure and efficient way.” “SymVerse Labs aims to provide everything companies need — from mainnets to DIDs, wallets, and dApps — quickly and reliably.” Meanwhile, the SymVerse Foundation’s mainnet coin SYMM, developed and supported by SymVerse Labs, was successfully listed on ProBit Global in June and has maintained a stable upward trend since. Choi added,“We’re aiming for a major global exchange listing by the end of the year, while continuing to expand our infrastructure and secure more users.” He continued, “The name SymVerse combines ‘Sym,’ meaning ‘together,’ and ‘Verse,’ meaning ‘interact,’ reflecting our philosophy of symbiotic coexistence. We envision a blockchain where users actively participate for each other’s benefit and achieve success together — a new blockchain paradigm tailored for the hyperconnected society.” Born in Korea, SymVerse’s multi-blockchain technology is making its mark globally, positioning itself as a future leader in the blockchain industry. As CEO Choi and the SymVerse Labs team push forward, expectations around their digital ecosystem continue to grow. https://www.koreadaily.com/article/20250725002503270
SYMM Swap Guide
Hello from the SymVerse Foundation.We are excited to announce the official token swap program for SYM (ERC-20) holders, converting your tokens into the native mainnet coin, SYMM.This guide explains everything you need to know — from the swap schedule and process to important notes and FAQs. Please read carefully before submitting your application. http://swap.symverse.org/ ◆ SYMM : SYM (ERC-20) Swap Ratio = 1 : 6◆ Swap Schedule:Distributed every 2 months, over 9 roundsTotal duration: 18 months◆ Swap Process: 1. Send your SYM (ERC-20) tokens to the foundation wallet address 2. Submit the swap application form 3. Receive a Swap Proof Token ("SSWAP") 4. Receive 1.18x the amount of SYMM over 9 rounds ◆ Swap Distribution Stages:RoundAllocationDistribution Date1st10%2025. 7. 10~2nd10%2025. 9. 10~3rd10%2025. 11. 10~4th10%2025. 1. 10~5th10%2026. 3. 10~6th10%2026. 5. 10~7th13%2026. 7. 10~8th13%2026. 9. 10~9th14%2026. 11. 10~*Token swap is processed in the order of application; late applications may extend the total swap duration. ◆ Q&AQ: How is the swap ratio calculated? A: SYMM is mined based on 150 million initially staked SYMM coins. SYM (ERC-20) has a total supply of 900 million, excluding the mining supply. Hence, the swap ratio is 1 : 6 (150M : 900M). Q: Are there any costs involved in the swap? A: A small amount of Ethereum (approx. 0.001 ETH) is required as a transaction fee when sending SYM (ERC-20) to the foundation address. Q: Can I transfer the Swap Proof Token (SSWAP) to others? A: No. SSWAP tokens are locked and non-transferable. They will be collected by the foundation each time SYMM is distributed. Q: Why do I receive 1.18x the amount of SYMM? A: This includes a bonus amount provided to SYM (ERC-20) holders. Q: What if I lose my wallet during the swap period? A: Please email your registered personal information (same as in your application form) to the address below. After verification, the remaining balance will be sent to your new wallet. By participating in this swap, you are joining the next chapter of SymVerse’s mainnet journey. Thank you for your continued support. For more details about SYMM, please refer to the SymVerse Whitepaper. (Whitepaper link)https://www.symverse.com/whitepaper/Symverse_White_Paper_V2.0_ENG
InskoBi Partners with SymVerse Labs to Build 'Next-Generation Financial Platform'
KOSPI-listed company InskoBi announced on the 1st that it has signed a strategic Memorandum of Understanding (MOU) with blockchain technology firm SymVerse Labs. The two companies plan to jointly launch a next-generation financial platform based on blockchain technology. This agreement was established to combine the technological capabilities, infrastructure, and business competencies of both companies to jointly promote a practical platform business using blockchain technology. They plan to jointly pursue a Security Token Offering (STO) business and a Web 3.0-based financial platform initiative, including the formulation of detailed business plans and discussions on establishing a joint venture. Both companies expect the agreement to serve as a foundation for launching profitable ventures. They also intend to collaborate preferentially in each other’s independent projects to maximize synergy. SymVerse Labs has been solidifying its position as a blockchain specialist by building a diverse ecosystem of blockchain services, including decentralized wallet Sallt.io, DeFi, and NFT-based social networking platforms. SymVerse Labs was founded by CEO Soo-Hyuk Choi, a leading expert in the field who previously worked at the Korea Information Society Development Institute (KISDI) and served as an adjunct professor in the Blockchain Department at Korea University’s Graduate School of Information Security. A SymVerse Labs representative stated, “Through collaboration with InskoBi, we aim to expand the real-world applicability of blockchain technology and realize innovative Web3-based service models grounded in daily life.” An InskoBi representative commented, “In addition to our current business focus on K-beauty and biotech, we plan to adopt platform ventures based on blockchain technology as a new growth engine. This agreement marks the first step toward global business expansion grounded in technological innovation”. Source: Asia Economy | https://www.asiae.co.kr/article/2025070113541233019
[Listing Announcement] SYMM (SymVerse Mainnet Coin) to Be Listed on ProBit Global
The SymVerse Foundation is pleased to announce that SYMM, the native coin of the SymVerse mainnet, is scheduled to be listed on the global cryptocurrency exchange ProBit Global.This listing represents a key milestone in SymVerse’s journey toward technological independence and ecosystem expansion. Users will soon be able to trade SYMM in a safer and more transparent environment. About ProBit GlobalProBit Global is a trusted global cryptocurrency exchange serving users in over 100 countries. Key features include:Support for hundreds of cryptocurrencies and trading pairsRobust and reliable security infrastructureMultilingual interface and diverse wallet compatibility to meet global user needsProBit Global offers real-time, user-centric trading experience for both retail and institutional traders. Listing DetailsToken: SYMM (SymVerse Mainnet Coin)Exchange: ProBit GlobalDeposit Opens: 2025.06.25 10:00 AM KSTTrading Starts: 2025.06.26 05:00 PM KSTWithdrawals Open: 2025.06.27 10:00 AM KSTTrading Pair: SYMM/USDT Please NoteThis listing is for the SYMM coin on the SymVerse mainnet, not the ERC-20 SYM token.The ERC-20 → SYMM swap is handled separately through SymVerse's official token swap program. Please refer to our whitepaper or token swap guide for more information. Thank you for your continued support.SymVerse Foundation
SymVerse Announces SYMM Token Swap
Dear SymVerse Community, We are pleased to announce the official launch of the token swap process from SYM (ERC-20) tokens to SYMM, the native coin of the SymVerse mainnet. While the SymVerse mainnet has already been launched and running independently for some time, the ERC-20 SYM token has remained in circulation as a placeholder for early contributors and supporters. With this upcoming swap, all existing SYM token holders will have the opportunity to convert their ERC-20 tokens into native SYMM coins, enabling full access to the utilities and benefits within the SymVerse ecosystem.This swap marks a key moment in our journey toward completing the transition to a fully autonomous, high-performance blockchain environment. Unlike typical mainnet launches, this swap represents the final phase in aligning token utility with on-chain participation. We appreciate your patience and continued support as we move toward the next phase of decentralized growth. Stay tuned for detailed swap instructions and schedule. Thank you, SymVerse Foundation
SymVerse / SymVerse Labs Unveils New CI
SymVerse Foundation has unveiled a new symbol, evolving from its original heart emblem that represented “coexistence” to a more modern icon symbolizing a blue ocean strategy.Alongside this, SymVerse Labs, the blockchain software company, will adopt the same symbol in green — representing sustainable growth.The new logo reinterprets the heart motif into an interconnected form, visually capturing SymVerse’s core values of connection and mutual growth.It reflects the idea that various businesses within the SymVerse network are closely collaborating and growing together through organic relationships.Through this design, the new logo aims to visually communicate the direction and future vision that SymVerse pursues.
TAFISA Korea Collaborates with SymVerse Labs on Blockchain Technology to Strengthen Carbon Neutrality Efforts
TAFISA Korea (CEO Wansik Hong) and blockchain platform SymVerse Labs (CEO Suhyuk Choi) announced that they have signed a cooperation agreement on blockchain technology for carbon neutral activity services. The cooperation aims to contribute to solving the global climate crisis by developing innovative carbon neutral activity campaigns and recording services based on blockchain technology. TAFISA Korea is the Korean branch of the World Federation of Living Sports, an organization that promotes living sports activities that everyone can easily participate in their daily lives. Recently, TAFISA Korea launched Net-Zero Walk, the world’s first climate action application based on physical activity. The app is unique in that it helps users contribute to carbon neutrality through daily activities such as walking and cycling. The app also aims to educate the world about the severity of the climate crisis and inspire people to become carbon-neutral. Since its establishment in 2018, SymVerse Labs has provided a multi-blockchain platform and various solutions to make it easier for enterprises to utilize blockchain technology. The company’s enterprise solutions have made blockchain technology more accessible, helping many organizations achieve digital transformation. In this collaboration, SymVerse Labs’ technology will integrate blockchain records and incentive reward systems into Net-Zero Walk applications. Blockchain technology enhances transparency and credibility of climate actionThrough this collaboration, the Net-Zero Walk application will implement a system that provides incentives for carbon-neutral activities based on users’ registered activity courses, commuting and travel data, etc. By recording these data on the SymVerse blockchain and preserving them as authorized data, transparency and credibility will be ensured. This will be an important opportunity for individuals to prove the value of climate action by making their small actions an official record. Through this technology collaboration, TAFISA Korea and SymVerse Labs plan to develop Net-Zero Walk into a global web3 service that goes beyond a simple application. By incorporating blockchain technology, users worldwide will easily participate in carbon-neutral activities, and their performance will be recorded as reliable data to facilitate the transition to a Net-Zero society. Accelerating the transition to a Net-Zero society through technical cooperationA representative from TAFISA Korea said, “This collaboration is an important step towards moving towards a carbon-neutral society through blockchain technology.” “We plan to expand our technical cooperation with SymVerse Labs on various climate actions and campaigns,” he added. “We believe that blockchain technology will increase the credibility of carbon-neutral activities and help individuals make small actions that can lead to big changes,” said Suhyuk Choi, CEO of SymVerse Labs.” Together with TAFISA Korea, we will develop it into a sustainable service that people worldwide can participate in.” This collaboration is a case that presents a new paradigm for responding to the climate crisis through the convergence of blockchain and physical education. A system that records and rewards individuals’ small actions to become carbon neutral through blockchain technology is expected to contribute to making important progress in responding to the climate crisis. http://www.newswalk.kr/news/view.php?no=2161
LiberVance and Symverse Labs sign a business agreement to expand each other’s ecosystem
Symverse Labs Co., Ltd. (CEO Soo-hyuk Choi) and LiberVance Co., Ltd. (CEO Heung-no Lee) announced on May 1st that they signed a business agreement to use Sallt, a blockchain universal wallet, to expand their mutual ecosystem. LiberVance developed the WorldLand mainnet through blockchain and artificial intelligence convergence research and commercialization efforts jointly promoted with the GIST Blockchain Intelligence Convergence Center, a university information and communication technology research center (ITRC). The WorldLand ‘My AI Network’ was designed to meet the individual needs of its users, and each My AI agent can be trained using unique data held by persons, companies, and institutions. A trained ‘My AI’ agent responds to users’ service requests while protecting their personal information. They grow into professional agents in different fields such as law, medicine, administration, and finance as needed. Through this, ‘My AI’ agents can jointly solve various problems people face through cooperative learning and reinforcement learning within the ‘My AI’ network. Symverse Labs is a multi-blockchain platform with its own DID chain and designed to share its DID with other mainnets of the Fractal Network. Sallt is a universal wallet provided by Symverse Labs that supports various networks such as Bitcoin, Ethereum, and Tron in addition to Symverse. In particular, by providing a decentralized DID-based authentication function, users can exercise self-sovereignty by logging in through their wallets without leaking personal information like the integrated login of existing large platforms. Sallt currently supports iOS, Android, Windows, and MacOS, and plans to contribute to the Web3 ecosystem by providing a Chrome extension shortly. This business agreement will optimize interoperability by sharing DID information between the two companies. https://www.blockchaintoday.co.kr/news/articleView.html?idxno=43142
SymVerse Announces Mainnet V2.0 Upgrade
The SymVerse Foundation announced on April 29 the transition to the SymVerse V2.0 mainnet. The consensus process of the SymVerse network is an evolved BFT algorithm that uses BFT (Byzantine Fault Tolerant), a voting method including Veto. SymVerse V2.0 maintains continuous activation of network nodes based on the PoS (Proof of Stake) method. Guarantee nodes consist of 25. Among them, 9 members of Group A have a certain size of SYM deposit and are selected through pre-screening by the foundation to participate in voting and block generation of the consensus process for a certain period. A collective veto that shows the same voting results can be exercised and the consensus process is terminated if more than 2/3 of all guarantee nodes agree. Therefore, in the SymVerse consensus process where the right to veto exists, no guarantee nodes can collude and take advantage. Group B is selected by checking Node Power among the work nodes that applied to candidates. Including the Primary node (1), which hosts the consensus process of block creation, Front Bench nodes (3), Middle Bench nodes (8), and Back Bench nodes (4) with confirmed priorities for Primary nodes, it consists of 16 different nodes. All nodes participating in the SymVerse consensus process can mine coins generated based on stake holdings and contributions according to the preset node type. Starting with SymVerse V2.0, the SymVerse Foundation will distribute 900 million, including the existing SYM (ERC-20) and mainnet SYM, to revitalize the ecosystem. Accordingly, it was announced that 200 million, corresponding to the supply of SYM (ERC-20) (100 million) and guarantee node deposits (100 million), will be burned sequentially. A SymVers official said, “We are planning to list SYM (ERC-20) on domestic exchanges this year, and SYM coins will be listed on global exchanges.” He also said, “Detailed information about SymVerse V2.0 will be released in the white paper V2.0 in May.” https://www.blockchaintoday.co.kr/news/articleView.html?idxno=43058