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GLO// BRING DAPPS INTO DAILY LIFE

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2012 - Korean Blockchain Early Evangelist Technical Expert

2017 - GLOSFER / HYCON(HYC) CEO

2018 - Blockchain Application Department, Dongguk University Adjunct Professor

2018 - Korean Parliament invited blockchain experts Parliament Invited Expert

2018 - Korea Blockchain Industry Promotion Association Vice Chairman

2018 - Korea Blockchain Startup Association Vice Chairman

2018 - Korea FinTech Industry Association Director

2018 - Korea Copyright Protection Agency Advisor

GLOSFER is South Korea's first-generation blockchain company, developed the world's first local government digital currency NOWON for South Korean government. In 2017, the world’s first DAG public chain HYCON was released in South Korea. So far, GLOSFER has developed 22 DApps for the government, public institutions and various enterprises.

GREETINGSFROM CEOTAEWON KIMGLOSFER CEO

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Introducing GLOSFER• GLOSFER is first generation blockchain enterprise in Korea.• As early as 2014, it began to explore blockchain technology, with a layout in blockchain finance, medical care, government

engineering, and asset trading.• In 2017, GLOSFER developed South Korea' s famous DAG public blockchain HYCON.• HYCON raised 3000BTC within 8 hours and was listed on top exchanges such as OKex.

GLOSFER Enterprise Platform (GEP)• GEP is Korean first converged DApp enterprise platform launched by GLOSFER. • Based on the HYCON network, it provides a low-threshold development framework, an open function market, shared traffic

entries, a variety of business applications and a much more complete eco-system. • All DApps that jointed the GEP will be in circulated with GLOSFER TOKEN to create a one-stop DApp development platform.• From users’ perspective, the GEP maximizes the interoperability of the user-friendly DAPP-enabled interfaces and tokens.• Users can perform all functions such as easy crypto-wallet creation, remittance management, staking, and node voting

within GLOSFER wallets.

What is GLOSFER up to?• GLOSFER solely developed the local cryptocurrency NOWON for the Korean government, which is used for regional

residents‘ consumption and charity activities.• Up to now, GLOSFER has grown to more than 200 employees and developed 22 DApps for not just the government, but also

public institutions and enterprises.

GLOBACKGROUND

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GEPGLOS ENTERPRISE PLATFORM

Tech Support

Fast response to feedback, feature

improvements

High Processing Speed

Application of DAG structure

TPS higher than 3,000

Excellent Interoperability

Interoperable with existing systems by supporting widely used modules

Privacy Secured

Data open to channel participants only

Integrity & Security

Falsification impossibleTransparent transaction

records

Permissioned Network

Business network access limited

Smart Contract

Various forms of contracts available Business process

automated

GLOENTERPRISE PLATFOM

• An open-source platform that has been developed in-house, GEP has been developed to rectify technical shortcomings of other blockchain technologies, including Ethereum, Bitcoin and Hyperledger while also using new techniques and methods to bring about perfect integrity, speed and stability.

• GLO is responsive to developer feedback and provides timely and custom-tailored technical support services.

• Unlike existing DBMS, GEP provides data integrity in information storage so that no one can modify or delete information.

• Estimated Korean DBMS market is worth KRW 619.2 billion and globally KRW 44 trillion.

About GEP

• GLO will prioritize supplying GEP to the public market and then continue to expand the use of its local cryptocurrency and proposal evaluation platforms.

• GLO will first secure revenues and increase market share with its own sales force and gradually raise the proportion of sales with partners, from 20% in 2019 to 70% in 2022.

GEP Business Strategy

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ABOUT INFRASTRUCTUREGLO technical architecture

GLO TOKEN

HYCON MODULE / COMPONENT

MODULE / COMPONENTLayer 3 Intermediate Layer

Low threshold development framework Provide Layer 3 middle layer module APIs and SDKs in tandem traditional development system

GLO TOKENGEP DApp Ecology

DAPP issues carrier and node mechanismDAPP build various scenarios and closed-loop business

DAPP Eco Token unifies circulation

HYCONPublic Blockchain

The SPECTRE consensus protocol runsfaster under DAG (Directed Acyclic Graph)

structure, which uses single-chain structure

DApp Ecosystem• DAPP Development and Node Economy

• DAPP's various use environments and business cycle

• Distribution of united GLO token in DAPP ecology

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GEP ECOSYSTEMEnterprise Perspective

10,000,000 GLO tokenLock-up

GLO FOUNDATION ENTERPRISE

GENERATE DAPP GEP ECOSYSTEM

GEP - Technical Support

Fiat Money

If you leave GEP Ecosystem,then the tokens willAutomatically become unlocked.

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GEP ECOSYSTEMRewarding System

Lock-up user’sGLO FOUNDATION ENTERPRISE

GENERATE DAPP GEP ECOSYSTEM

GEP - Technical Reward

You will be rewarded in return to the valuable enlargement activityYou make within the GEP Ecosystem

Monitoring

GLO Token Reward

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GEP ECOSYSTEMGeneral Economy Plan

GLO FOUNDATION

ENTERPRISE DAPP DEVELOPMENTGEP ECOSYSTEM DAPP OPERATOR

GLO Token node USER

Nodes set their own economies, allowing the users to lock-up the GLO

TokenReward

Distribution

Monitoring

Rewards are paid in proportion to the amount of tokens that have been locked.

GLO TokenLock-up

Value action is rewardedwith tokens

Move intoGEP Ecosystem

GLO TokenLock-up

• Tokens are awarded to DApp nodes when something value happens in Glo Ecosystem• DApp node class is divided according to the

quantity of the lockup, and the amount of the commission varies according to the grade

I. D1 grade – 10,000,000 TokenII. D2 grade – 20,000,000 TokenIII. D3 grade – 30,000,000 Token

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GEPECOSYSTEMMAPAll DApps registered in theGEP ecosystem share information

GLOECOSYSTEM

User Sharing

Business Applications Ecosystem

Similar DApp Issuer

Token Flow Value

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GEP USECASEGEP ECOSYSTEM

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GEP USECASE

Local cryptocurrency users can use a mobile app, NFC, a QR code, a bar code or an IC card among other means to utilize the currency both online and offline. The entire system from currency creation to usage is seamlessly, accurately and promptly handled by GLOSFER’s reliable platform.

GLO’s proposal evaluation system utilizes blockchain to ensure fairness in the proposal selection process and remove any element of doubt that the participating companies and local residents may have regarding the bidding process.

Proposal Evaluation SystemLocal Cryptocurrency

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Owing to the development of the integrated issuance system of the certificates of entry and shipping between the container wharfs based on the blockchain, the convenience and efficiency are enhanced with the business process for ITT transshipping by the interface of information related to the transportation orders.

The security of the data is guaranteed by recording the information related to the subscription as a member, simplified login, examination and others within the blockchain network. There is the service which can be used by the citizens with depression caused by stresses, mental ailment and others for easy and convenient ‘self-examination’.

GEP USECASE

Mental Healthcare SystemEntrance System between Container Wharfs

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If UP-MUSIC is utilized, the royalty income of the creators will be increased eventually leading to the ecosystem with a more meaningful music platform created for the audience and therefore if we enter the market initially with the target of 1% of the existing streaming and sound source markets, we can anticipate the butterfly effect in the markets of music copyright industry as more and more music is utilized through the platform of UP-MUSIC.

GEP USECASE

UPMUSIC

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WE.ING is the simplified settlement system to allow the use of different cryptocurrencies at the stores affiliated with the GLO Platform. At the time of settlement, the settlement can be carried out easily and conveniently with One-Click not to mention the discount benefits offered at each affiliated store awarded.

GEP USECASE

WE.ING

BreakdownManagement

Shopping

CryptocurrenyManagement

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FOBLTALK is a 'Game'-focused platform that allows users to use various game contents using point or cryptocurrencies. Game is a field that everyone can enjoytogether across borders, and the economic activities in the game are linked to the cryptocurrency, a blockchain technology reward system. In FOBLTALK, you can enjoy avariety of mini games, and the results of the games are stored in a blockchain network. The FOBLTALK is designed to provide a service that everyone can enjoy togetherand will continue to add more games and services in the future.

GEP USECASE

FOBLTALK

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Projects in various areas utilizing GEP

IoT IcT AI DataSocial Hardware

Nowon Yeongdeungpo

GEP ParticipatedProject

Jeollabuk-do Gwangju

Transportation Card Daegu・Gyeongsan

530K + 300 Governance

1.1M + 1.75M +

10M + 2,690K +

Other GEP UseService

GEPG L O E N T E R P R I S E P L A T F O R M

USER’S 26M +

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VARIOUS BENEFITS OF GEP

100,000 STORES

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2020

2019

2021

19

• Applying the functional requirements of the Hyperledger• Applying the Smart Contract• GEP (GLO Private network) version 1.0• GLO's original consensus• Network Access Control Function• Build a DApp issuance carrier• The first batch of DAPP settled in

• Trust Node Extension • TPS Enhancement• Key Management Optimization• DAPP ecological expansion• GPN Ver 2.0 Large-Scale Node Extensions• Key Management Optimization• Enhanced development components• Global DAPP node expansion

• Supports Platform functions withdiverse industries• Korea Private Main Net

(Public institution customized platform)

GEP ROADMAPGEP ECOSYSTEM ROADMAP

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TEAM

BOGYU KIM YOUNGSIK PARKTAEWON KIM

• Currently, Director of GLOSFER, Sales and Marketing Department• Working Experiences in Product Sales and

Marketing for Foreign IT Companies• Worked at Sun Microsystems and AMD for

Product Sales & Marketing

• GLOSFER, CEO• Blockchain Application Department,

Dongguk University, Adjunct Professor• Korea FinTech Industry Association, Director• Open Blockchain Industry Association (OBCIA), Director• Korea Blockchain Industry Promotion and Startup

Association, Vice Chairman

• Currently, Director of GLOSFER, IT Business Department• Working Experience in Hardware-based

Foreign IT Companies• Worked at Sun Microsystems, Dell, and SanDisk

as a Consultant & Account Sales Representative

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TEAM

SUNGTAEK OHJINWOO KIM

JIHOON CHO SHAWN LEE

DONGSEOP KIMDEPUTY GENERAL

MANAGERDIRECTOR

SENIOR RESEARCHENGINEER

BLOCKCHAINENGINEER

DIRECTORHONGSEOK MOON

DEPUTY GENERAL MANAGER

CHANHO LEEDIRECTOR

JUNGNYEO KIMSENIOR RESEARCH

ENGINEER

MAX TANGBLOCKCHAIN

ENGINEER

KYUJENG KIMDIRECTOR

SUNYOUNG PARK JUSIK BAEMANAGER RESEARCH ENGINEER

JOSEPH LEEASSISTANT MANAGER

ADVISORS

• Deloitte Anjin Accounting Company CEO• Deloitte Consulting Korea Representative• Audit of PyeongChang Organizing Committee Finance and Economy• Ministry Review Committee on Financial Development• Master of Business Administration at Seoul National University

• Chairman of the Korea Blockchain Industry Promotion Association• 17th Member of National Assembly (United Democratic)

Deputy Mayor for Political Affairs of Seoul Professor of BRICs at HankukUniversity of Foreign Studies

• Vice President of Samsung Electronics.• A member of the presidential office's advisory committee on education,

science and culture• Policy committee member of the Ministry of Culture, Sports and Tourism

Chairman of the Gyeonggi Digital Content Agency

• Chairman of the Board of Engagement and Sharing• A member of the Democratic United Party's Central Committee.• Park Won-soon, chairman of the Hope Camp Organization

Planning Committee• Seoul National University Graduate School of Metallic Engineering

JAESUL LEE

HYUNGJOO KIM

BYUNGMUN SEO

JONGWON KIM

• Kim & Chang, an adviser to the legal office• Deputy Director of the Financial Supervisory Service• Chief in charge of regulatory reform at the Prime Minister’s Secretary of

the Ministry of Finance and Economy

• Kim & Chang, a Korean law firm, a lawyer• For those special cases Deuruking (chief prosecutors) recommendation.• President of the Advisory Committee on National Informatization

Strategy Council• United Nations International International chief public prosecutor's office

• Professor of Geokdong University CEO of Bitres• Korea Information Security System R&D center Lead• Korea Information Security System CEO• Seoul Digital University professor of communications at computers• Konikglory, department head of security research

• Worked as Team Lead of HYCON R&D at GLOSFER• Experienced in cryptocurrency exchange platform development &

HYCON development• HYCON Whitepaper Main Author• Developed real-time price tracking ticker for crypto-exchange platforms

HONGRYEL JEON

SANGYEOP SONG

DONGJU RYU

NIALL MOORE

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About TOKEN Repo

l GLO’s technical service fee is 30% per quarter for repurchases.

l GLO shares five thousandths (0.5%) from the DApp truncations as an ecological

fund and used for quarterly token repurchases.

GEPTOKEN

DISTRIBUTION

Fund-raising

Eco DevelopmentGLO Team

4 Billion

GEPUTILITY TOKEN, ERC-20

65%

5%

10%

5% Partnerships

The Core Team

DAPP Ecology

Financing Sale

5%

5%

5% Marketing

Technology Development

Daily Operation

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GEP PARTNERS

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THANK YOU

CONTACTglo@glosfer .com