SIGN Token Soars 50% — What Is the Sign Project?
According to the market data of Gate.io, SIGN is currently priced at $0.114, with a 24-hour increase of 52.25%. SIGN was listed yesterday evening at 19:00, with an opening price of $0.03. In the first hour of trading, it quickly surged to around $0.08, reaching a daily high of $0.14888 on the Gate exchange. SIGN currently has a circulating market value of $150 million, ranking 268th in the overall market. The current circulating supply of SIGN is only 12%, with a total circulating market value of up to $1.25 billion for the project.
Sign Project Introduction
Sign is a blockchain infrastructure project dedicated to building a global trust layer, aiming to verify digital information (such as ownership, identity, and certificates) on the chain. By providing a complete set of tools, infrastructure, and standards, Sign aims to serve everyone, driving Web2 users towards Web3 Migration.
Core Product
- Sign Protocol: This is a full-chain authentication protocol that allows users to freely authenticate and verify any information on the blockchain. The protocol supports multiple blockchains such as Ethereum, EVM compatible chains, Solana, and TON. Sign Protocol uses Schema Registry to manage data structures and employs zero-knowledge proof technology (zkAttestations) to protect user privacy.
- TokenTable: TokenTable is a token management platform that helps founders, investors, and community contributors manage the unissued portion of tokens. The entire project is mainly divided into two parts before and after the TGE (Token Generation Event). Before the TGE, TokenTable provides token allocation management and financing tools; after the TGE, it provides a complete smart contract token unlocking solution to ensure transparent and automated token distribution.
- SignPass: SignPass is a blockchain-based identity registration and verification platform, suitable for various needs ranging from national identity recognition programs to community members. The platform provides governments and organizations with secure, efficient, and scalable solutions to enhance trust and simplify management. The Republic of Sierra Leone is the first country to collaborate with SignPass, launching a permanent residency program specifically for SignPass holders.
- EthSign: EthSign is a decentralized electronic contract signing application that allows users to connect real-world legal contracts with decentralized identities. Users can upload documents, set signature fields, invite others to sign, and track the signing progress to ensure the integrity and verifiability of the contract.
Team and Financing
The core team of Sign includes CEO and Co-Founder Xin Yan, Co-Founder Potter Li, and CTO and Co-Founder Jack Xu. The project has raised $28.65 million in investments, with investors including well-known institutions such as Sequoia, Circle, Hashkey, and YZi Labs (formerly Binance Labs).
Development Vision
Sign is committed to building a global trust layer through its core products, enabling all digital information to be verified on the chain. By continuously developing and integrating practical applications, Sign aims to bring billions of Web2 users into Web3, driving the global development and application of blockchain technology.
SIGN Future Outlook
SIGN coin has shown excellent price performance since TGE, demonstrating its strong momentum in the blockchain infrastructure field. Sign’s core product TokenTable has successfully assisted more than 200 projects in token distribution, covering 40 million users, with a total distribution amount of over 4 billion US dollars.
In addition, Sign is also actively expanding its global market. In the future, Sign will continue to deepen its technological advantages in the fields of blockchain identity authentication and token distribution, promote the construction of a global trust layer, help Web2 users migrate to Web3, and further consolidate its leading position in the blockchain infrastructure field.
