NonceLab
KREN
Contact

Our History

Years of building, learning, and growing

The NonceLab story, from our founding in 2019 to Coconut Wallet, Coconut Vault, and Bitcoin Center Seoul.

View full history
01

2025

The interior of Bitcoin Center Seoul, which opened in 2025

Coconut Wallet and Vault reached mainnet, and Bitcoin Center Seoul opened its doors. Our work expanded through tools people could use and a space where they could meet.

2025.10

Coconut Vault reached No. 1 among paid apps on the Play Store

2025.10

Coconut Vault launched on mainnet

2025.10

Bitcoin Center Seoul opened

2025.09

Trigger and Maru joined the team

2025.07

Coconut Wallet launched on mainnet

2025.06

Contributed to upgrades for KOMSCO’s digital watermark mobile app

2025.04

Luke joined the team

02

2024

We developed a self-custody learning wallet and contributed to technology projects, building foundations for both products and research.

2024.10

Developed a Bitcoin wallet for learning self-custody

2024.06

Jay and Pio joined the team

2024.05

Selected for the Blockchain Industry Advancement Technology Development Program

2024.04

Helped develop KOMSCO’s digital watermark mobile app

2024.04

Selected for the Super Gap Startup 1000+ program

03

2023

We launched the POW community and Metanize and updated NonceLab’s visual identity, extending the connections between our products, people and brand.

2023.09

Selected for the Startup Growth Technology Development Program (Strategic Track)

2023.07

Metanize launched

2023.04

POW Bitcoin community opened

2023.03

NonceLab updated its brand identity

2023.01

Alec joined the team

04

2022

2022.12

Won the grand prize in the 2022 Public–Private Open Innovation Program

2022.12

Participated in Blockchain Promotion Week 2022

2022.11

Helped build KB’s Dongdaemun fashion supply chain

2022.09

Built an NFT platform for the Gangwon Winter Youth Olympic Games

2022.08

Participated in the Smart Construction Expo

2022.05

Selected for the Early Startup Package program

2022.05

Magok Venturing Project

2022.04

Researched usability improvements for KOMSCO’s digital wallet

2022.04

Participated in the ETRI Data Commons project

2022.01

Renewable energy DID project for Korea Southern Power

05

2021

2021.11

Moved into Seoul Startup Hub M+

2021.11

Held our 1st team workshop

2021.11

Audrey joined the team

2021.10

Selected for NH Digital Challenge

2021.10

Selected for the Startup Growth Program

2021.10

Selected for the Emerging Researcher Hiring Support Program

2021.10

Participated in the SSAFY project

2021.07

Magot surpassed 100 partner stores

2021.07

Collet got a refresh

2021.06

Tiger and Yani joined the team

2021.05

Participated in R&D at the Korea Institute of Civil Engineering and Building Technology

2021.05

Louis appeared on TV

2021.05

Magot officially launched

2021.04

Received startup business certification

2021.02

Magot beta launched

2021.01

Participated in Sogang University’s ITRC

06

2020

2020.11

Doi and Ella joined the team

2020.10

Participated in a Korea East-West Power project

2020.08

Secured pre-series angel investment

2020.05

Received venture business certification

2020.04

Established an in-house research institute

2020.04

Eternize blockchain cloud service launched

2020.02

Participated in Busan Bank’s blockchain special zone project

2020.02

Colit digital asset wallet launched

2020.01

Moved into the Seoul Blockchain Support Center

07

2019

2019.12

Anderson joined the team

2019.10

Louis and Woody joined the team

2019.09

NonceLab was founded

More NonceLab news
KEEP EXPLORINGExplore our work