In the press

PUBLISH invests in kiosk solutions company Lincrux

1 Jan. 2022

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PUBLISH CEO Sonny Kwon (left) and Lincrux CEO Lee Hopung (right) pose for a photo at an MoU signing ceremony

PUBLISH is pleased to announce that it has made a strategic investment in Lincrux.

Lincrux is a kiosk solutions company with over 20,000 kiosks and 5 million monthly payment transactions. Its self-service kiosks are installed at various locations including Incheon International Airport, Hyundai Department Store, Samsung Welstory, Coffee Smith, and Burger King. The company recently expanded its operations to Singapore, Japan, and the Philippines.

Through the partnership, PUBLISH expects to develop a blockchain-based O2O (online-to-offline) payments solution allowing PUBLISH iD users and NEWS token holders more generally to spend NEWS tokens at various offline venues in Korea and abroad.

"We look forward to developing a blockchain-based payment solution with Lincrux," said PUBLISH CEO Sonny Kwon. "We’re particularly interested in integrating PUBLISH link, our cryptocurrency-based R2E (read-to-earn) API, with O2O payments."

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