President Sung Myung Hao of the renowned global blockchain provider announced that "Sung Myung Hao Token" (SMH), a publicly sold token named after him and developed in New York, will be listed on BitMart, one of the worlds leading cryptocurrency exchanges, on September 29, 2020.
Currently, President Sung pays up to 50 million KRW daily to his group members via NEW UGC Coin and a total of 2 billion KRW for public purchases until the SMH Token is listed.
In addition, 24% of the SMH tokens are mined through the master node function.
Sung stated, “We have developed and created unique blockchain technology, which has been patented with the Korean Intellectual Property Office. This invention allows for the automatic payment of referral fees for cryptocurrencies using SNS (patent number 10-2040907) and the automatic payment of crypto cashback using blockchain technology (patent number 10-20408). The invention is currently under review for international patents, including in the United States, China, Japan, Singapore, and the Philippines.”