Azit functions as a blockchain-based platform designed to integrate points for real estate and home or living services. In Korea, Azit has established partnerships with entities such as the real estate service 'Ziptoss' and 'Trustay,' a platform for real estate rental and asset management. These partners connect with the Azit DAPP, allowing users to swap their mileage points for AZIT Tokens to access necessary services.

AZIT serves as the native utility token with the following uses:

• It acts as the primary currency for various service mileage points.
• It facilitates the exchange of partner company mileage points for AZIT Tokens.
• It allows users to convert mileage into AZIT Tokens and subsequently exchange them for fiat currency.

The Azit ecosystem includes:

• The Azit Alliance, which is building an ecosystem where users gain benefits from using residential services such as real estate, moving, cleaning, house design, laundry, pet care, and house insurance.
• Current members include 'Ziptoss' real estate service, 'Trustay' real estate rental and asset management platform, and ‘MarketB,’ a home and living e-commerce platform, with Azit continuing to expand steadily.
• Users will have the ability to exchange points through the azit DAPP.

The AZIT Token, which is built on the Klaytn mainnet and underwent an audit by Hexlant, was initially launched in June 2021. There is a total supply of 500 million AZIT tokens. The distribution is allocated as follows:

• 25% is designated for partner companies in the real estate, housing, and IoT sectors that have joined the Azit Alliance to help strengthen the ecosystem.
• 25% is reserved for marketing purposes, specifically to reward contribution activities like signing up for the Azit platform, participating in events, and completing missions.
• 20% is held by the foundation to cover business expenses, including R&D, labor costs, and facility management.
• 5% is set aside for the long-term operation and development of the AZIT Alliance platform, covering future technical upgrades and platform management.

Regarding exchange listings, AZIT Token became available on KLAYswap on 7 FEB 2022, MEXC on 19 MAR 2022, and Bithumb on 16 DEC 2022.

Azit was launched by professionals with backgrounds at major technology firms including Samsung, SAP, and Nexon.

• CEO: Terry (Sungmin Park) is an IT service specialist with over 15 years of experience in business strategy, investment, fund operation, public relations, and marketing at companies like Nexon, Com2uS, and Dabang. He is recognized as a leader in both the gaming industry and proptech.
• COO: Yuly Hwang serves as a Business Strategic Planning and Operation expert. She spent more than ten years as a core team member at Samsung, handling areas such as Global Sales, Strategy, Planning, and Marketing.
• CFO: Kenny Kim is a finance professional with extensive knowledge in finance and accounting. He previously held the position of head of Asset Management at Credit Suisse and Nomura Financial Investment.
• CLO: Zed Choi is an attorney focusing on IT law and risk management for companies seeking legal counsel and investment support. He also acts as vice chairman of the Blockchain Task Force under the Korean Bar Association and mentors ICT startup firms.

You can trade AZIT on the DEX KLAYswap, as well as on MEXC and Bithumb.