Deep Dive
Overview:
A shopping-mall platform allowing users to mine P2U coins via card spending, with MSQ as a payment method. This aims to drive adoption by merging retail activity with token rewards (MSQUARE Whitepaper).
What this means:
This is neutral for MSQ, as success hinges on user adoption of the P2U system. While it could increase transactional demand for MSQ, the lack of confirmed launch metrics or partnerships tempers immediate bullishness.
Overview:
A blockchain-based portal for global real estate data, using MSQ for payments. Targets cross-border property investors by simplifying document access.
What this means:
This is cautiously bullish if executed, as real estate’s high-ticket transactions could boost MSQ’s utility. However, competition from established platforms (e.g., Propy) and regulatory hurdles in international markets pose risks.
3. Labor Training Partnerships (No Date)
Overview:
Collaborations with Vietnamese universities to train caregivers and rural workers, with MSQ potentially used for program fees or remittances.
What this means:
This is a long-term bearish-neutral factor. While workforce platforms could create steady MSQ demand, the project’s undefined timeline and reliance on Korea’s immigration policies add uncertainty.
Conclusion
MSQUARE prioritizes real-world payment use cases, but most initiatives lack concrete timelines or adoption metrics. The 88% price decline YTD reflects skepticism about execution. Will MSQ’s real-estate and labor ventures gain traction before liquidity erodes further? Monitor partnership announcements and platform user growth for signals.