K-Prop Announces MOA Bridging South Korean Real Estate with Global Web3 Infrastructure
Seoul, S. Korea, March 18th, 2026, Chainwire
K-Prop, a pioneering Real-World Asset (RWA) platform, today announced the signing of a strategic Memorandum of Agreement (MOA) between its South Korean headquarters, K-Prop Korea, and its global operating arm, K-Prop Limited, in Hong Kong. This landmark agreement sets a new standard for RWA tokenization by seamlessly connecting physical real estate yields with decentralized Web3 finance.
The MOA, finalized on March 16 in Seoul, establishes a clear operational synergy. K-Prop Korea, led by CEO Kim Sang Hong, will strictly oversee the sourcing, management, and regulatory compliance of high-value real estate assets within South Korea. Meanwhile, K-Prop Limited, operating out of the International Commerce Centre (ICC) in Hong Kong under the leadership of Head of Partnerships Joel Roberts, will spearhead the platform’s global Web3 expansion, smart contract development on the Polygon network, and international user acquisition.
Moving Beyond Speculation: A Sustainable RWA Economy
Unlike traditional Telegram mini-apps and Web3 platforms that rely on high-volume token issuance and speculative activity, K-Prop introduces a model based on asset-backed cash flow. Following its initial “Season 1,” which recorded a user base of over 65,000 globally, K-Prop is launching its “Season 2” phase with a revised structure for user participation and returns.
Through the K-Prop platform, digital Activity Points generated through user participation are linked to USDC-denominated distribution pools associated with real estate assets in Seoul. In addition, K-Prop maintains a Global Ecosystem Revenue Pool, allocating 20 percent of platform-generated revenue, including proceeds from block sales, advertising, and transaction fees, to eligible participants within its ecosystem.
Empowering Global Commanders: The Gold Block & Squad System
At the core of Season 2 is the introduction of the “Gold Block,” issued on the Polygon network, which functions as a designation within the platform’s participation structure. K-Prop has also introduced a Squad or Team system to support ecosystem expansion, where Gold Block holders can form teams and take on “Commander” roles.
Within this structure, Commanders are eligible for a 4 percent allocation tied to team activity related to property matching within the platform, based on defined conditions. The system also includes a Matching Priority System, under which team-based activity may influence access to property listings within the platform before broader availability.
“This MOA represents a monumental shift in how global users can access the South Korean real estate market,” said Kim Sang Hong, CEO of K-Prop Korea. “By combining our deep-rooted expertise in local real estate with transparent, compliant physical operations, we are ensuring that the yield generated is not just a digital number on a screen, but real, sustainable capital.”
Joel Roberts, Head of Partnerships at K-Prop Limited, added, “Hong Kong is the undisputed financial hub for bridging traditional capital with Web3 innovation. From our base at the ICC, we are leveraging the Polygon network to distribute real-world wealth to our 65,000+ users worldwide. We are not just building another crypto app; we are building a global RWA empire.”
About K-Prop
K-Prop is a Web3 Real-World Asset platform that integrates digital community participation with real estate-related structures. Utilizing the Polygon network and USDC-based distribution mechanisms, the platform is designed to operate within a defined framework for user participation across its global ecosystem.
For more information, users can visit the official Telegram Mini-App at @SeoulPrimeClubBot or join the global community at @SeoulPrimeClub_Chat.
Website: https://k-prop.io/