SINGAPORE – Spackman Entertainment Group Limited, one of Korea’s leading entertainment production groups, announced that it plans to launch its own Korean entertainment utility tokens ‘K Coins’ through an Initial Coin Offering ‘ICO’ (the “Proposed ICO”).

K Coins can grant token holders future access to products and services originating from Spackman Entertainment Group, including but not limited to merchandise or premium content or events related to hit movies and dramas produced by the Group. In addition, the Group intends to partner with the Company’s associated company, Spackman Media Group Limited (“SMGL”), the largest entertainment talent agency in Korea, to allow K Coins to be used towards the participation and/or purchase of artist-based projects, such as photography works, fan meetings, concerts and merchandise.