“Futurepia” and “Bitnaru” — Global Cryptocurrency Exchange, signed MoU

Majid Mushtaq
Futurepia
Published in
2 min readNov 21, 2018

The global cryptocurrency exchange platform, BitNaru, has announced that it has signed an MoU (Memorandum of Understanding) with Futurepia (blockchain for high traffic DApps) for expanding and invigorating the blockchain mainnet and allowing other DApps to get listed for ver lower costs.

This partnership will provide an opportunity to create a healthy ecosystem by allowing users of various DApp (Decentralized Application), deployed on Futurepia’s mainnet, to trade Futurepia Coin, DApp tokens and other alt-coins on the Bitnaru.

Benefit for DApps

Usually, all the ICO projects have to bear a huge cost while getting listed on any exchange. According to Bitcoin website, crypto exchanges are charging around $3 million to list tokens. But thanks to the partnership between Futurepia and Bitnaru, the DApps which will be using Futurepia’s mainnet will have the opportunity to get listed on Bitnaru for extremely low costs.

Background of Futurepia and Bitnaru

Futurepia is a blockchain mainnet for high traffic DApps. It is a project by Sigmachain —a blockchain company founded by CEO Kwak Jin-young, who is among the founders of Korea’s first social media platform — Cyworld.

Futurepia is developed based on its own DDPoS (Dual Delegated Proof of Stake) algorithm. Apart from having a DApp store, it also provides various API modules for DApp developers. Futurepia’s mainnet DDPoS algorithm has surpassed the processing speed of both PoS and DPoS platforms. While Ethereum has 15 TPS, EOS has around 100,000 TPS, Futurepia’s mainnet is expected to handle 300,000 TPS. Futurepia’s mainnet will be launched by the end of this year.

Bitnaru, on the other hand, leverages advanced technologies to enhance security and transaction speed on its exchange. BitNaru also offer new customers a variety of benefits such as discount of transaction fee, free gift of coins and other benefits upon initial registration.

On this occasion, Bitnaru’s spokesperson said, “This agreement will not only grow blockchain industry in South Korea but will help us introducing blockchain services to various users. Futurepia’s mainnet service looks very promising and being able to handle high traffic DApps is what make them unique”.

Follow our communities to stay updated regarding Futurepia and Blockchain news.

Medium: https://medium.com/futurepia
Reddit: https://www.reddit.com/r/Futurepia/
Facebook: https://facebook.com/futurepia.official/
Instagram: https://www.instagram.com/futurepia_official/
Twitter: https://twitter.com/futurepia_
LinkedIn: https://www.linkedin.com/company/sigmachain/
Telegram Channel: https://t.me/futurepiaa
Telegram Community: https://t.me/futurepia_blockchain
BitcoinWiki: https://en.bitcoinwiki.org/wiki/Futurepia
BitcoinTalk: https://bitcointalk.org/index.php?topic=5054960.msg47145477#msg47145477

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Majid Mushtaq
Futurepia

Blogger, Traveler, Social Entrepreneur and Selfie Fanatic