0x Consulting Group Invests in CoralApp, Developer of AI-Powered Web3 Smartphone “CoralPhone”.

Supporting the Japanese Expansion of Binance Labs’ Incubated DePIN Project.

0x Consulting Group PTE. LTD. (Singapore, Founder: Koki Hosogane, hereinafter referred to as 0xC) announces its investment in CoralApp, a company developing an AI-powered Web3 smartphone “CoralPhone” incubated by Binance Labs.

About CoralApp & CoralPhone
CoralApp is developing an AI-powered smartphone called “CoralPhone,” optimized for users in the Web3 ecosystem.It is gaining attention not only as an innovative Web3-oriented smartphone but also as a project incubated by Binance Labs, a leading VC in the Web3 and blockchain space.

“CoralPhone” is equipped with comprehensive features of the Web3 ecosystem, including decentralized applications, cryptocurrency management, privacy, and security aspects, supporting users’ seamless access to decentralized digital services enabled by Web3.

Features of CoralPhone
1. DePIN (Decentralized Physical Infrastructure Network)
As a DePIN mobile device, CoralPhone seamlessly integrates Web3 services, catering to diverse needs from light to heavy users, and providing ease of service use and project participation.

2. DeFi (Decentralized Finance)
Users can smoothly access multiple DeFi services and manage assets, trade, and operate cryptocurrencies effortlessly. The resulting liquidity supports users in potentially increasing their asset returns.

3. SocialFi (Decentralized Social Networks with Financial Benefits)
CoralPhone offers decentralized social networks where users can connect with others, share content, and communicate safely without compromising privacy. Users can earn rewards by contributing and increasing engagement within the network, making it a meaningful and rewarding activity.

4. GameFi (On-chain Gaming Experiences with Earning Potential)
CoralPhone fully supports on-chain games, providing a trustworthy gaming experience where achievements and assets are truly owned by users, free from traditional gaming platform restrictions. Users can earn money through various in-game activities and rewards, making the gaming experience both fun and financially advantageous. This seamless fusion of entertainment and monetary opportunities defines the world of GameFi.

In Web3’s decentralized services, many aspects, including wallets, private keys, and various account management, are operated under users’ self-management. As the number of services used increases, management can become more complex, potentially creating barriers to user entry. “CoralPhone” aims to solve these challenges by equipping comprehensive functions for the Web3 ecosystem, creating an environment where users can smoothly engage in various services and activities.

Website：https://www.coralapp.network
X：https://x.com/MyCoralApp

Background of the Investment and Future Developments
“CoralPhone” is a highly anticipated project among Web3 smartphones in the industry, notably receiving support from Binance. It is considered to have advantages over competitors, such as multi-chain support and high security. In the expanding DePIN market, “CoralPhone” is highly regarded as having the potential to become the leading Web3 smartphone.

With the smartphone’s release imminent, the importance of the Japanese market is recognized in CoralApp’s global sales strategy. 0xC expects this strategy to create a significant trend in Japan’s Web3 industry. Initially, 0xC will provide marketing support for the Japanese expansion, while discussing the possibility of supporting face-to-face sales channels in the future.

Both companies acknowledge that 0xC’s strong influence on Web3 users, face-to-face sales support through events, and access to Web2 smartphone distribution networks will be strengths that accelerate CoralApp’s strategy for expansion in Japan. They have agreed on their mutual policies.Together with CoralApp, through “CoralPhone”, we aim to contribute to the realization of a new digital life by developing Japan’s Web3 ecosystem, while simultaneously enhancing Japan’s importance in the global Web3 ecosystem through such initiatives.

0x Consulting Group Founder：Koki Hosogane
“CoralPhone” holds great potential as an innovative device that integrates Web3 technology into daily life. We feel that this project, supported by Binance Labs, will play a crucial role in shaping the future of the Web3 ecosystem.

Through this investment, we aim to contribute to the realization of a new digital lifestyle brought about by Web3. We look forward to providing multifaceted support, including marketing and sales channel development, and to contributing to the growth of Japan’s Web3 ecosystem alongside CoralApp.

About 0x Consulting Group
0x Consulting Group provides comprehensive consulting and web media operation for Web3 business. Our services include PoC, creation of new business models using NFT/FT, marketing strategy development, community design and management, data analysis and tool development.

Website：https://zero-x.com/en/home-en/
X：https://x.com/0xC_Web3