Sigmachain signed MoU with BitOnBay — One of the top 10 cryptocurrency exchanges

Futurepia Coin (FPC), issued by Futurepia — a blockchain company by Sigmachain, will be listed on one of the world’s top 10 cryptocurrency exchanges called BitOnBay.

MoU’s Objective

Sigmachain announced on 31st of January that it has signed MoU with the BitOnBay — a Thai based top class cryptocurrency exchange. As a result of this collaboration between both the companies, FPC and other tokens based on Futurepia mainnet will get listed on BitOnBay where those can be traded with other currencies too at a very low gas fee. Another major objective of the MOU is to work together to vitalize blockchain business and global expansion of Sigmachain ecosystem.

BitOnBay Cryptocurrency Exchange

BitOnBay is among the world’s top 10 global cryptocurrency exchanges on the basis of crypto trading volume. Based in Thailand, which is the most active country in the blockchain industry among Southeast Asian countries, BitOnBay offers a wide range of services including coin trading, Over-the-Counter (OTC) transactions, options trading, and margin trading.

Futurepia Mainnet

The Futurepia mainnet is a comprehensive platform designed specially for high traffic decentralized applications (DApps), in which the database is stored on the mainnet for all of the DApps to use it in a semi-open form. This allows DApps to gain members very quickly. The Futurepia mainnet has diverse and detailed APIs for DApp service development, allowing DApp developers to develop their services quickly at low cost. Support is also offered by the engineers of Futurepia, if necessary, and API is provided according to additional requests

Futurepia was released in September 2018 and has become one of the stable and advanced blockchains. KOLAS, a Korean certification board recognized by 72 countries, has assessed and certified that FUTUREPIA’s Social Media Mainnet transaction speed is 300,000 TPS.

Sigmachain and SNA (Sigmachain Network Alliance)

Sigma chain is a technology company that was established by key players in IT industry who were founders of Korea’s very first SNS platform. Based on its technical expertise, it is currently establishing an ecosystem called Sigma Chain Network Alliance (SNA) by supplying its own mainnet that can be customized by area to a variety of businesses.

When will listing take place?

Sigmachain is planning to officially list the FPC coin on BitOnBay after March when its other services are released. Both the companies have decided to discuss the exact schedule later. Tokens from the Futurepia based DApps will also be listed sequentially according to the publication schedule.

Sigmachain CEO’s Message

Kwak Jin Young – Sigmachain CEO

On this occasion, the CEO of Sigmachain said: “We believe that being listed on BitOnBay, a world-renowned cryptocurrency exchange with global status, will help us to continue to be recognized for our high growth potential. We are planning to increase the value of Futurepia, which is a next-generation blockchain platform that will surpass both Ethereum and EOS”

Through this MOU, Sigmachain will be able to increase its international credibility and reputation by publicly listing FPC and all of the other tokens based on Futurepia mainnet on the BitOnBay exchange and strengthen its claim as the fastest blockchain. Not only that, by taking advantage of BitOnBay’s global network and marketing capabilities, the global expansion of the Sigmachain ecosystem is also expected to accelerate.

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