TI Rating Report: MYCE

The Bloom Platform is a meeting information reservation platform providing services regarding the process of preparation and related facilities for organizing different events. MYCE Token was introduced as a payment method of the Bloom platform.

MYCE was created by United Ceremonia PTE. LTD., which was a foundation planning and developing IT SW based on blockchain technology established in Singapore in 2020. MYCE is short for MY Ceremonial Event, and with the dual meaning of the MICE industry. MICE stands for Meetings, Incentives, Conferences and Exhibitions.

The Korean e-commerce market is growing in size and most O2O platform companies have a specialized single category. Bloom focuses on providing portals for the MICE scene.

The Bloom platform launched in November. Less than 2 months after launch, Bloom already has over 18k subscribers.

Bloom introduces the cryptocurrency MYCE as a payment method and offers a discount of up to 30% to users.

TokenInsight gives MYCE a rating of B, with a stable outlook.