What is apM Coin?
apM Coin is a customer reward management platform based on the Ethereum blockchain. Its goal is to improve user loyalty and shopping experience to enhance business in apM Malls, South Korea’s leading wholesale.
The way apM Coin achieves this goal is through a reward system in which customers earn and redeem APM tokens. The process is done via a mobile application called apM Members.
Aside from getting apM coins from this application, customers can also get updates on the latest shopping news, including different customer rewards and mall events. If you are interested in knowing the current apM Coin price, you can check the price chart featured above.
Besides, the platform also serves as a collector of valuable data. This role can help businesses expand their strategies.
Use Cases of apM Coins
The apM Coin crypto asset is an ERC-20 utility token that mainly acts as a means of payment. Besides that, users who purchase apM digital vouchers offered on the apM Chain network are rewarded with APM. They can also earn these tokens by signing up for customer management services.
Don’t forget you can check the live APM price above.
Who Founded apM Coin?
Richard Seok is one of apM Group co-founders and is also the CEO of apM S&S. He has worked in the Strategic Planning Team of Sanbo, as part of his business strategy career. In addition to that, he served as a consultant at Deloitte Consulting.
Jung Hyun Kim is the other co-founder of apM Group and is also the CMO of apM PLACE. Aside from his contribution to the apM Group, he has played a key role in the development of the Dongdaemun fashion wholesale market.
apM Group is a dedicated partner of apM Coin and it is one of the leading companies in the wholesale fashion of Korea.
Tokenomics of apM Coin
The initial total supply of the apM coins is 1,812,500,000. Half of it was dedicated to rewarding users, as well as set aside in a payment pool and used for global expansion. The other half was distributed between apM Coin’s team, advisors, and partners. A smaller portion was used for sales.
Additionally, apM Coin tokens that are collected as fees for goods and services on the apM Chain platform are either locked up or burned. The reason for that is to maintain sustainable development and increase the apM Coin price in the long run.
If you're considering buying apM coins, don't forget to take a look at the APM price chart.
