What is Cobak (CBK)

1. Project Introduction
Cobak is South Korea’s leading cryptocurrency platform, where its utility token, CBK, plays a key role in the ecosystem. Cobak tokens are not only used as a reward mechanism to encourage active user participation and contributions but also to strengthen community cohesion, enhance member connections, and boost the platform’s influence in the crypto space, particularly in South Korea. Cobak aims for global expansion, riding the wave of mass adoption while setting new standards for industry growth.
Summary: Cobak is South Korea's top blockchain community, offering services such as crypto wallets, community discussions, real-time pricing, news, airdrops, and token sales. Cobak is expected to shape the future of cryptocurrency and blockchain in Korea and beyond.
2. Team & Investment Info
Founders: Created by the team behind PandoraTV, Korea's user-generated content (UGC) video-sharing site, including CEO KIM Kyung Ik, CTO HWANG Jun Dong, and CFO CHOI Yuri. The three have been developing and operating PandoraTV together since 2004, gaining extensive experience in internet platform development and operation.
Funding: Supported by prominent investors such as FBG Capital, Neo, Ontology, GXChain, Standard Tokenization Protocol, and MovieBloc.
3. Social Media URLs
X: https://x.com/CobakOfficial
Discord: https://discord.com/invite/RYe92httwd
4. Token Info
Token Symbol: CBK
Total Supply: 100,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xD85a6Ae55a7f33B0ee113C234d2EE308EdeAF7fD
Token Distribution:
Seed Sale: 15%
Strategic Round: 5%
Private Round 1: 5%
Private Round 2: 5%
Ecosystem: 33%
Staking: 20%
Team: 25%
Partners: 2%
5. Related Links
Official Website: https://cobak.co/
WhitePaper: https://storage.cobak.co/custom_upload/1599808473023280_729b6827ea.pdf
Other Info: https://www.cbkstarter.com/#/