$APM APM (known as apM Coin) is a leading project in applying blockchain technologies within traditional commerce and wholesale fashion in South Korea. The project focuses on digitizing payments and building an advanced loyalty and rewards ecosystem that serves shopping malls and retail traders.
The operating model and connection to the real economy derive their strength from the project’s direct association with apM Group, one of the largest groups in clothing markets and wholesale trade in South Korea (such as apM Markets, apM Luxe, and apM PLACE):
Digitization of payments and loyalty (apM Members): providing fast payment and transaction solutions through mobile applications to serve thousands of merchants and millions of local and international buyers, helping reduce the costs and fees associated with conventional cash transfer.
Hybrid infrastructure and Layer-2 solutions: relying on the core ERC-20 standard while using parallel networks and Layer-2 layers to process the high volume of daily transactions without incurring the high gas costs on Ethereum.
Enabling non-fungible tokens (NFTs): using the technology to document products and protect intellectual property rights for fashion designs, and to provide exclusive offers to token holders.
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