15.1 Platform Development Timeline

2018โ€“2021: Foundational Build & Early Growth

  • Aug 2018 โ€“ Company established

  • Jun 2019 โ€“ Launched MVP version of the โ€œBikuโ€ app (matchmaking service)

  • Sep 2019 โ€“ Hosted the first Seoul-based tournament via the Biku platform

  • Dec 2019 โ€“ Released beta version of the app with added lesson & match features

  • May 2020 โ€“ Surpassed 30,000 app downloads within the first year of launch

  • Jan 2021 โ€“ Reached over 80,000 users in the platform community

  • Jun 2021 โ€“ Launched new brand "New Able" (designed as a cash-cow model for monetization)


2022โ€“2024: Technology Development & Service Expansion

  • Aug 2022 โ€“ Began R&D on core technology features with beta service release targeted by year-end

  • Nov 2023 โ€“ Opened pilot location for the Billiards Academy

  • Dec 2023 โ€“ Launched Universal Membership Service (targeted full release in early 2023)

  • Mar 2024 โ€“ Launched partnered Academy Club services (goal: 100 affiliate venues by year-end)

  • 2024 โ€“ Initiated premium services for billiard clubs

  • 2024 โ€“ Deployed club scoring and settlement system (integration with scoreboard and platform)

  • 2024 โ€“ Rolled out blockchain-based payment gateway for billiards clubs (including points, settlements, and token payments)

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