BlockSquare Labs Team: Building Accessible Crypto Intelligence Since the Early Days of the Market

The BlockSquare Labs team has been analyzing cryptocurrency market data since the early days of the crypto market in 2016. To identify buying and selling volumes of major cryptocurrency trades, the team analyzes real-time order books and closely examines on-chain data, including coin inflows, outflows, and holdings across global exchanges. In addition, they monitor and analyze users’ position levels and liquidation lines across exchanges in real time, deriving optimal algorithms from this vast pool of cryptocurrency big data.

The goal of BlockSquare Labs is to move beyond the complexity of unfamiliar cryptocurrencies and create services that allow anyone to easily and conveniently seize opportunities in the crypto market.

◆ Please introduce yourself and your company.

Hello, my name is Won Hyuk, and I am the CEO of BlockSquare Labs, an AI and big data development company. We are the technology-focused subsidiary of the YouthMeta Group, which consists of five affiliated companies operating across foundation, marketing, finance, and technology sectors.

BlockSquare Labs is responsible for technical development, providing web and app development services, as well as AI-driven analysis and big data services specifically designed to forecast cryptocurrency prices. Our mission is to serve as a reliable guide that helps customers reduce risk and achieve stable asset growth.

◆ What led you to develop these services?

Initially, our focus was more on general development such as web, app, and enterprise software rather than blockchain, AI, or big data. However, after witnessing countless retail investors being liquidated in a market that operates 24 hours a day with extreme volatility—often driven by major market players—we naturally became interested in blockchain and entered the space.

Starting in 2017, we began developing programs that predicted coin prices using big data and AI. We created a scoring system that visualized price predictions as charts, which we provided free of charge to acquaintances starting in 2018. The feedback was overwhelmingly positive, so we continuously refined and updated our algorithms, eventually launching the service as a paid offering in 2022.

Today, after numerous updates, we offer not only score charts but also services that display Long (price increase) and Short (price decrease) signals directly on charts, real-time alert notifications via our proprietary app, and AI-generated market briefings that analyze current market conditions.

◆ Please explain your services in more detail.

Our services can be broadly categorized into three main areas: chart services, alert services, and AI services. We currently provide buy and sell timing signals for over 200 assets listed on Binance Futures.

① Score Chart

This was our very first service. It is designed to predict long-term price trends by overlaying an AI-generated score line with the actual price line. When the score line is above the price line, it indicates a long-term bullish outlook; when below, it suggests a bearish outlook.

② Premium Chart

This chart overlays Long and Short signals along with various indicators such as support and resistance levels and trend lines on real price charts. It is designed for short-term trading and provides real-time visual signals, making it more intuitive and user-friendly.

③ AI Briefing

Twice daily (09:00 and 21:00 KST), AI gathers the most important market news, analyzes overall market conditions, and provides comprehensive price outlooks and asset recommendations. This helps users consider broader market factors beyond charts alone.

④ Daily Briefing

Unlike AI briefings, this service is prepared daily by professional traders and algorithm specialists within the company. Even by reading this briefing alone, users can quickly understand the current market situation.

⑤ Signal Alerts

Through our proprietary mobile app, users receive instant notifications when Long or Short signals appear or when prices reach key support and resistance levels. This service helps users trade effectively without having to constantly monitor charts.

◆ How is price prediction possible?

Many people are curious about this. Cryptocurrencies built on blockchain technology have transparent transaction and transfer data. We can observe real-time transactions between exchange wallets and whale wallets, liquidation levels, and buy/sell orders.

By continuously collecting this data and analyzing numerous variables, we train our AI models to identify optimal algorithms. For example, when a large amount of Bitcoin is transferred from a whale wallet to an exchange wallet, it is often interpreted as preparation for selling, suggesting a potential price drop.

However, predictions are not always perfect. Because the crypto market evolves rapidly, we constantly refine and update our algorithms.

◆ What differentiates your service from competitors?

There are many companies offering price prediction chart services, but most fail to survive beyond one or two years. One major reason is that their algorithms reflect the limited perspectives of individuals or small teams, resulting in lower accuracy.

Our biggest differentiator is the massive volume of data accumulated since 2017 and the fact that our AI has been learning from this data for over seven years. We have experienced bull markets, bear markets, and sideways markets alike—long before crypto entered institutional frameworks—giving us a substantial advantage over competitors. We also maintain a strong team of industry professionals.

◆ How many users currently use your service?

We currently serve over 30,000 users across approximately 27 countries, with the most active markets being Japan and South Korea. Japanese users, in particular, are highly sensitive to numerical accuracy, and while there was initial skepticism, trust grew rapidly once users verified our accuracy firsthand.

In countries where usage is well established, users also organize events to exchange trading strategies and blockchain knowledge using our services. These events are especially active in South Korea, Japan, Vietnam, Mongolia, China, and Indonesia. We plan to further expand in Southeast Asia and Europe.

◆ What is your outlook on the cryptocurrency market?

Blockchain began as a simple transaction-recording technology but has already integrated deeply into everyday services and will continue to evolve—much like the internet expanded from communication to e-commerce, SNS, and IoT.

• First-generation blockchains (e.g., Bitcoin, Ethereum) introduced decentralization

• Second-generation blockchains expanded into DeFi, NFTs, and advanced smart contracts

• Third-generation blockchains integrate with smart cities and IoT

Blockchain is now converging with traditional finance through STOs and RWAs, improving accessibility and liquidity. As the industry grows, blockchain-based security will be essential to prevent hacking and systemic risks.

Cryptocurrencies are no longer optional—they are an irreversible trend. Bitcoin and Ethereum have effectively entered institutional frameworks, and we expect the market to grow more than tenfold by 2030.

◆ What is your future roadmap?

Our primary goal is to reduce risk and create a safer trading environment for our users. We continuously research and refine our algorithms to respond faster than the rapidly changing market.

(Choi Moon-chang, Planning Director, YouthMeta Group)
In the short term, we aim to standardize signals by the end of this year and launch an AI chat service that instantly recommends coins. Mid-term, we are preparing an automated trading bot. Long-term, we aim to expand into forex and equity markets and develop blockchain-based technologies that support real-world applications.

We are also expanding globally, with offices in Japan, Indonesia, Vietnam, and Dubai, and plan to establish additional regional branches.

◆ Final message to BlockchainToday readers

Readers of BlockchainToday are already pioneers in blockchain innovation. Even if you are not directly investing or working in the industry, your interest itself is participation in this transformation.

While the market may seem intimidating, those who engage with courage will find opportunities—whether as individuals or organizations. BlockSquare Labs strives to be a company that designs the future using future knowledge, not past assumptions. Thank you.