What is Signatum Coin?
The Signatum Coin is a cryptocurrency , with a special focus on decentralization, open source, user requirements and use in e-commerce.
Signatum Coin – how it works
In principle, the developers place a special focus on the use of e-commerce in the development of the token, because in this sector in particular the token is to exert an influence on the future market development. The developers wanted to provide added value for the community since day one. In addition, the functionality and usability of the token is permanently optimized so that users can experience the best possible experience. In order to be able to play an important role in payment transactions in the future, the developers are constantly trying to gain new trading partners.
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These requirements are also reflected in the developers’ roadmap, where features such as SignatumPay, Marketplace or the SignatumExchange have been adopted. The open source approach is also particularly important in the development of the token. This approach guarantees effective community involvement in the future development of the token. In addition, each user is encouraged to post potential updates on Github so that they can be implemented in future releases. Following the release of the new website, it also identifies ways in which developers can actively participate in improving the blockchain .
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Signatum Coin – Decentralization of Blockchain
The decentralization of Blockchain is also an important approach of the Signatum Coin. In particular, compared to the previous management of the Coin forms a strong difference, since the previous developers rather put a focus on centralization. In the meantime, no users can interfere with the development of the cryptocurrency , so the future of the token is secured in terms of decentralization. Furthermore, the developers have anchored a focus on the needs of the community in the white paper of the cryptocurrency.
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In particular, by gathering community feedback, these needs should be collected and then implemented as a solution to the code. Based on this approach, a strong community is to be built, which uses the token in the long term for payment transactions. Ideas from the community are also collected and put to a vote in a forum, so all users have a chance to participate. Investors also get the chance to use the SignatumVote feature, which gives their vote a higher weighting. However, this approach also means that the community must accept new functions based on the collective idea.
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What is the current market capitalization of the Signatum Coin?
The Signatum Coin has been traded on the markets since July 24, 2017 and is known under the abbreviation SIGT. The placement on the market was carried out by means of an Initial Coin Offerings, which led to a market capitalization of USD 1.125 million on the first trading day. The issue price of the SIGT token was 0.048 USD. At this time, a market capitalization of $ 1.42 million with a token price of $ 0.013159 can be realized. In addition, there are currently around 107.9 million tokens in circulation. These result in a daily trading volume of around 4,900 USD. The trade is made especially by the exchange between SIGT and BTC realized. The trading center YoBit is particularly important here, as more than 97% of daily trading is realized here.
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