A South Korean crypto payment platform has found an entrepreneurial response to the coronavirus pandemic by setting up a face mask factory and offering customers discounts if they buy with the company’s token.
According to the media outlet ZDNet Korea, the crypto payment platform Pandagram, has set up a mask production plant in Gunpo, Gyeonggi province (near Seoul).
The company currently produces two products: an air pollution-resistant mask and a surgical mask. It says it will be ready to sell these items via its own Android mobile application in April.
An image published by the company shows the mask’s packaging, claiming that the mask can block particles as small as 0.4 micrometers.
The masks are not yet certified, but Pandagram says it has already applied to the Korean Clothing Research and Testing Institute, an organization that issues certificates for masks and protective clothing. The company hopes to obtain KF94 certification for its products. KF94 is equivalent to the American N95 standard for face masks and the Chinese KN95 certification.
The company says that discounts will be offered to customers who choose to pay with its Pandabit token, and says it has already donated 50,000 masks to a charity called Good People, which supports medical personnel and at-risk groups affected by the pandemic.
Source: cryptonews.fr Image credit: unsplash