Yes, the development team is from Korea with some strategic and R&D partners as well including Hanyang University ( a reputed Korean Univ.) We are launching phased IEO on Korean exchange starting with Cashierest. More to come. Keep an eye on this thread.
it looks like phase 2 looks really interesting and I will stay here to see the progress of your project, and I also can't wait to see what will happen in phase 2 and "TESNET VANTA"