Strategic Partnership between Eco DeFi and KPOWER

Eco Global and KPOWER have signed a strategic agreement to solve the climate change problem and lead-carbon neutrality.

The most talked-about theme in the blockchain industry in 2021 is Defi (decentralized finance) for sure. Recently, as two big Defi coins, Venus and Pancake, were listed in Bithumb, Korean cryptocurrency investors became very interested in Defi. It is expanding its business from simple swap services such as Uniswap, Sushiswap, and Burgerswap, to much-complicated structures like staking and loan services.

Defi platforms are attracting many crypto investors while offering increasingly high returns. However, due to the unstable profit structure, it has a vicious cycle in which investors bear rather high fees. Even with a high volume of cryptocurrency supply, it has not yet introduced a stable profit structure due to the limitation that it cannot be connected to the real economy. Eco Global is designing and building a new Defi platform “Eco Defi”. It provides an opportunity to earn high returns to investors as it relates to technology companies that have a stable profit structure in the real economy.

Anyone can access Eco Defi easily and get a chance to get back stable and high return through it. And it has a unique way of providing investment opportunities. That is to discover environmental companies with excellent renewable energy technology to improve the earth’s environment and invest in companies that can provide excellent technology and high profitability. The whole process will be decentralized for individuals to participate.
Eco Global selected KPOWER, which has steam boiler technology using natural pellet fuel, as a strategic partner through a committee review. Through this partnership, it is expected to maximize the synergy with the excellent renewable energy technology of KPOWER and stable profit structure of Eco DeFi platform.

“We believe that strategic cooperation with KPOWER is the most suitable cooperation to provide investment returns to our Eco DeFi investors,” said Kenny Han, team leader of Eco Global. He then added, “we are going to work hard to introduce the Eco DeFi platform where our efforts and works are put into in near future.”

“Business leaders from developing countries, which are highly dependent on coal fuel, also agree that they should actively cooperate and participate in climate change issues. But they are hesitant between financial gains and conserving the environment,” said Hee Soo Kim, director of strategy development at KPOWER. He also stated that they will start with Vietnam, then expand our business to Laos, Cambodia, Indonesia, and the United States, taking the lead in clear and substantial ESG management and carbon neutrality.”