Mobile Factory has withdrawn from the blockchain business, including the IEO of "QYS Coin"

2024/07/28 17:44 (Updated 2025/08/08 19:23)
Editors of Iolite
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
「QYSコイン」のIEOを始め、ブロックチェーン事業から撤退したモバイルファクトリー

Mobile Factory announces it will withdraw from blockchain business on March 31, 2024

Mobile Factory, an IT service company that develops location-based games and also provides NFT functions in the NFT sales and generation marketplace "Unima" and blockchain-related service "Ekimemo! Our Rails," has withdrawn from the blockchain business as of March 31, 2024.

After Unima ended its service, development of the P2E (Play to Earn) function "Shabon System" that was planned to be installed in Ekimemo! Our Rails was also canceled.

The reason for the withdrawal from the business was a report about the location-based SNS "NauNau" provided by Mobile Factory subsidiary Suisho. This was that at least 2 million users' location information and chats were temporarily made accessible from outside on "NauNau."

Mobile Factory conducted an investigation into the report and stated that no personal information leaks were confirmed within the scope of the investigation, but the service has not yet resumed.

Meanwhile, Mobile Factory announced in October last year that it would proceed with an IEO of "QYS Coin" on domestic cryptocurrency exchange GMO Coin, with the aim of issuing the coin to "create the next generation entertainment market." The company explained that in order to aim for the IEO of "QYS Coin," it was important to expand the number of users and economic sphere of the company's group of services, including "NauNau."

However, following reports of the NauNau information leak, Mobile Factory determined that it would be difficult to increase the number of users and expand the economic sphere as originally planned. It appears that it has decided to withdraw from the NFT business, positioning it as an unprofitable business. Furthermore, due to this management decision, the company will also request GMO Coin to withdraw from the IEO.

The article is for members only. Please sign up to continue reading.

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner2
Side Banner
Side Banner2
MAGAZINE
Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.