hiblocks has formed a strategic business agreement with the blockchain-based sports career management platform WITH (WITH), focusing on marketing and e-commerce.
WITH is a sports career management platform using blockchain technology that supports sports career development to athletes in various sports category and provides information sharing along with exchanges with sports players, clubs, and agent fans around the world.
hiblocks is a startup that develops a platform based on blockchain and provides services, naming HABL as one of its main projects currently. HABL is a curation social media platform that allows users to collect a vast amount of content from existing platforms at once. At the same time, they also introduced the ‘revenue sharing’ model, in which all users share their profits according to their activities.
Through this partnership, the two companies plan to explore and implement a wide range of cooperation plans such as marketing alliances, e-commerce-related business collaboration, infrastructure sharing, and data security cooperation.
Woongjang Lee, the CEO of WITH mentioned, “From this collaboration with hiblocks, we will boost the promotion of players and clubs in the WITH app. We plan to enhance entertainment services that allow fans to enjoy sports-related content through business and marketing collaboration.”
Jiwon Seo, the CEO of hiblocks also added, “We plan to establish concrete plans so that the two companies can create a harmonious synergy, such as organizing marketing events using HABL’s challenge function.”
HABL, operated by hiblocks, allow users to convert their points to HIBS tokens. They receive the points according to their social media activities on HABL such as giving likes, sharing contents, and many more. HIBS itself can be converted into cash, as it is already listed at Coinone, one of the largest virtual asset exchanges in Korea.
Currently, hiblocks is continuing to develop a project to increase the use of HIBS. They are expected to reveal more exciting progress in the future.
