What FACTBLOCK does

FACTBLOCK is a Seoul-based, privately held Web3 ecosystem builder founded in 2018 that operates a diversified platform combining event organization, consumer applications, blockchain infrastructure, and professional services. Its flagship asset is Korea Blockchain Week (KBW), an annual global blockchain and Web3 festival held in Seoul since 2018 featuring the flagship conference IMPACT, which has accumulated 164,200+ attendees, 1,240+ speakers, and 410+ sponsors over eight years. Beyond events, FACTBLOCK operates FABLO, a Web3 reward application on iOS and Google Play designed to onboard consumers into Web3 through quests and rewards, and runs validator node infrastructure supporting leading blockchain networks via the Korea Web3 Embassy consortium.

The company's business model is primarily project-based professional services revenue drawn from event sponsorships, MICE event planning (FB MICE, 30+ events annually including the Seoul Economic Forum), PR/Marketing services for Web3 firms entering Korea, and consulting engagements staffed by personnel from top consulting firms and financial institutions. A Global Brand Platform product has been productized through a Shopify storefront, signaling an attempt to generate recurring revenue, though pricing across all services remains quote-based and undisclosed. Notable institutional partners include Upbit (Main Sponsor of KBW 2026), Binance, Solana, Chainlink, and Tether, alongside strategic co-development of Korea Web3 Embassy.

Operationally, FACTBLOCK is a small organization (11–50 employees) that has raised approximately $7.35M in disclosed funding (Series 2, December 2022, investors undisclosed) and is led by co-founder Brian Kang. The company is exposed to execution risk evidenced by the 2026 cancellation of the Gaia AI Phone KBW Edition affecting 7,000 pre-orders, though it committed to full refunds and Samsung Galaxy S25 Edge compensation. Its competitive position rests on brand recognition from KBW, network density among Web3 sponsors and media, and integrated multi-service delivery rather than proprietary technology depth.

Name

FACTBLOCK

Legal name

FACTBLOCK

Website

https://factblock.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

FACTBLOCK is a Seoul-based Web3 ecosystem builder operating Korea Blockchain Week (annual since 2018), the FABLO consumer rewards app, validator node infrastructure via the Korea Web3 Embassy, and MICE/PR/consulting services for Web3 firms seeking Korea market entry.

Ownership category

akta.pro rank

Product category

Blockchain Event Management

NAICS

Convention and Trade Show Organizers (56192)

SIC

Finance Services (6199)

akta.pro primary industry

Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB)

akta.pro secondary industry

Governance, Controls & Policy Automation (GRC for Web3) (FSAPAJAG)

Keywords

• Blockchain events
• Web3 ecosystem
• Event management
• Blockchain consulting
• Node infrastructure

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Event Organization (KBW): Organizing Korea Blockchain Week, an annual global blockchain and Web3 festival held in Seoul since 2018, featuring the flagship conference 'IMPACT' with multiple prestigious main events.
2. MICE Services: Event planning and organization services with over 10 years of experience, including the prestigious Seoul Economic Forum, with capacity to host over 30 events annually for entities of all sizes and industries.
3. PR/Marketing Services: Comprehensive PR/marketing services leveraging robust network of premier media companies, vibrant communities, KBW brand power, and online platform Fablo for projects looking to enhance brand presence in Korea.
4. Consulting Services: Comprehensive consulting services for domestic and international expansion, connecting clients with key stakeholders and investors, with distinguished manpower from top consulting firms and financial institutions.
5. Global Brand Platform: Global brand platform services enabling projects to leverage KBW's brand power and established network of media, projects, and businesses from Web2 to Web3.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

FACTBLOCK organizes Korea Blockchain Week (KBW), an annual global blockchain and Web3 conference held in Seoul since 2018, and provides supporting professional services including event planning (FB MICE), PR/marketing, and consulting for Web3 projects entering Korea. The company also operates FABLO, a Web3 reward mobile application, and runs validator node infrastructure for leading blockchain networks through the Korea Web3 Embassy consortium.

Product overview

FACTBLOCK is a Web3 Ecosystem Builder offering a platform-plus-services architecture. The core offerings include: Korea Blockchain Week (KBW), an annual global blockchain festival held in Seoul since 2018 with flagship conference IMPACT; FABLO, a Web3 Reward Application for exploring projects and earning rewards; and Node infrastructure services for blockchain network validation via Korea Web3 Embassy. These core products are supplemented by FB MICE (event planning with 10+ years of experience), PR/Marketing services leveraging KBW brand power and media networks, and Consulting services for market expansion. The company also offers a Global Brand Platform product. Together, these services position FACTBLOCK as a comprehensive ecosystem builder connecting blockchain/Web3 communities, infrastructure, and business services.

Differentiator

Problem solved

Functional benefit

Brands

• FABLO: A Web3 Reward Application designed to make blockchain and digital assets engaging, accessible, and rewarding. Enables users to explore global Web3 projects, participate in interactive quests and events, and earn rewards.
• Korea Blockchain Week (KBW)
• Korea Web3 Embassy
• FB MICE

Products and services

• Korea Blockchain Week (KBW) Annual global blockchain and Web3 festival held in Seoul since 2018, featuring the flagship conference 'IMPACT' and multiple main events. KBW serves as a gathering ground for top global blockchain and Web3 leaders, offering exclusive opportunities to exchange industry insights and experience an immersive blend of music, art, and culture.
• FABLO Web3 Reward Application designed to make blockchain and digital assets engaging, accessible, and rewarding. Enables users to explore global Web3 projects, participate in interactive quests and events, and earn rewards, integrating learning, exploration, and incentives in one platform. Guided by mascot Fabie and supports causes like ocean conservation.
• Node Infrastructure Reliable node infrastructure operated by FACTBLOCK that underpins leading global blockchain networks through active validator participation and robust infrastructure management, contributing to building a secure, transparent, and decentralized Web3 ecosystem.
• FB MICE Event planning and organization services with over 10 years of experience. Built a diverse portfolio including the prestigious Seoul Economic Forum, with capacity to host over 30 events annually, serving as a preferred choice for entities of all sizes and industries hosting events in Korea.
• PR/Marketing Services Comprehensive PR and marketing services leveraging FACTBLOCK's network of premier media companies, vibrant communities, KBW's brand power, and online platform FABLO. Designed for projects looking to enhance their brand presence in Korea.
• Consulting Services Comprehensive consulting services for domestic and international expansion, provided by distinguished manpower from top consulting firms and financial institutions. Services connect clients with key stakeholders and investors, empowering them to achieve growth and successful market entry.
• Global Brand Platform Global brand platform service enabling projects to leverage KBW's brand power and established network of media, projects, and businesses from Web2 to Web3. Currently showing as sold out on the storefront.

Quantifiable outcome

• 164,200+ attendees and 10,597+ news articles published since 2018 demonstrating reach and media impact
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• UpbitflagshipGTM or Marketing Partner · 13 January 2026Upbit, Korea's leading digital asset exchange, joined as Main Sponsor of KBW 2026 (Korea Blockchain Week). The three-day event will be held in Seoul from September 29 to October 1, 2026, with Upbit hosting a private institutional forum followed by two days of main conference featuring discussions on digital assets, institutional finance, AI integration, and real-world adoption.
• BinancecoreGTM or Marketing PartnerBinance appears as a participated company in FactBlock's network, representing one of the major cryptocurrency exchanges in the ecosystem.
• SolanacoreTechnology or IntegrationSolana appears as a participated company in FactBlock's network, representing blockchain infrastructure partner.
• ChainlinkcoreTechnology or IntegrationChainlink appears as a participated company in FactBlock's network, representing oracle and blockchain infrastructure partner.
• TethercoreGTM or Marketing PartnerTether appears as a participated company in FactBlock's network, representing stablecoin ecosystem partner.
• Korea Web3 EmbassycoreStrategic or Co-development PartnerA consortium established by FactBlock to represent Korea in advancing Web3 infrastructure and governance worldwide, engaging in global validator initiatives.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• NFT.NYC: Organizes large-scale annual NFT and Web3 events in New York, with a community-driven, festival-style format. Comparable to KBW in blending cultural programming with Web3 sponsorship and community engagement.
• Token2049: Organizes major annual crypto/Web3 conferences (Singapore and Dubai) targeting institutional, founder, and protocol audiences. Directly comparable as a flagship-event-led Web3 ecosystem builder competing for the same sponsor and speaker pools as KBW.
• CoinDesk (Consensus): Operates Consensus, one of the longest-running flagship crypto conferences, and a leading crypto media brand. Comparable as an integrated event + media + research platform serving institutional and retail Web3 audiences.
• Messari: Runs the Mainnet annual conference and provides crypto research/data products. Comparable in combining high-profile Web3 events with research-driven institutional content and recurring subscriptions.
• ETHGlobal: Runs hackathons and builder-focused Web3 events globally with sponsor integrations. Comparable in event-driven developer/community engagement and ecosystem-building GTM.
• Web3 Foundation: Organizes Web3 Summit and related ecosystem events around the Polkadot ecosystem. Comparable as a foundation-driven ecosystem builder combining events, governance work, and protocol-aligned validator initiatives.
• Galxe: Web3 engagement and quest platform that rewards users for exploring protocols and completing on-chain tasks. Directly comparable to FABLO as a quest-and-reward Web3 onboarding layer competing for the same user and project mindshare.
• BlockShow: Global blockchain conference organizer (e.g., BlockShow Asia, Europe) with sponsor and exhibitor monetization. Comparable as a regional/international Web3 event organizer competing for the same institutional and protocol sponsorship pool.

Regional players

• ChainCatcher: Leading Chinese-language crypto media and event organizer covering Asian Web3 markets. Comparable as an Asia-region Web3 media + events + community platform with overlapping sponsor and protocol audiences.
• PANews: Asian crypto media and event organizer serving Chinese and broader APAC audiences. Comparable in combining crypto journalism, sponsored content, and conference programming for the regional Web3 ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/factblock
• Facebookfacebook.com/factblock
• Instagraminstagram.com/factblock
• LinkedInlinkedin.com/company/factblock

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FACTBLOCK