Sign is the 16th project on Binance Hodler Airdrops, with Changpeng Zhao, the founder of Binance, investing $16 million in Sign through YZi Labs.
So what is Sign?
Sign – An on-chain information authentication platform and transparent token distribution
Overview of the Sign project
Sign is an on-chain infrastructure platform developed to verify the validity of certification information such as certificates, degrees, or login credentials. The project aims to create transparency and security in token distribution for users, while promoting the development and application of blockchain technology globally.
Main products of Sign
Sign Protocol
Sign Protocol is an omnichain protocol that allows businesses and users to freely authenticate and verify any information on the blockchain. This protocol can operate independently of any specific execution environment or blockchain, supporting various types of blockchains such as Ethereum, EVM blockchains, Solana, TON,… Sign Protocol uses Schema Registry to authenticate, store, and manage Schemas, while applying zkAttestations technology based on Zero Knowledge Proof to enable users to verify information directly without going through any centralized organization.
TokenTable
TokenTable is a suite of products designed for registering and distributing tokens in the form of airdrops or vesting through smart contracts. To date, TokenTable has secured the distribution of over $4 billion in airdrop and unlock tokens, reaching over 40 million users and investors. More than 200 projects are using TokenTable, including Movement, Starknet, Zetachain, Mocaverse,…
SignPass
SignPass is a platform that streamlines the registration and verification of identities based on blockchain, serving a variety of needs from national identification programs to community members. SignPass provides governments and organizations with a safe, efficient, and scalable solution to enhance trust and simplify governance. Notably, the Republic of Sierra Leone has partnered with SignPass to implement the Permanent Residency (PR) program, allowing SignPass holders to have lifelong residency rights in the country.
EthSign
EthSign is a decentralized application for signing electronic contracts, allowing the connection of legal contracts in the real world with decentralized identities. Users can upload documents, set up signature fields, customize elements such as text fields and checkboxes, invite others to co-sign, track the signing process, download completed documents, and view the entire lifecycle history of the agreement.
About the token
• Token name: Sign (SIGN)
• Total supply: 10,000,000,000 SIGN
• Airdrop reward: 200,000,000 SIGN (2% of total supply)
• Circulating supply at listing: 1,200,000,000 SIGN (12% of total supply)
Development team and investors
Sign is led by founders including Xin Yan (CEO), Potter Li (Co-founder), and Jack Xu (CTO). The project has raised a total of $28.65 million from reputable investment funds such as Sequoia, Circle, Hashkey, and YZi Labs (formerly Binance Labs). Notably, Changpeng Zhao, the founder of Binance, invested $16 million in Sign through YZi Labs, demonstrating strong confidence in the project's potential.
Conclusion
Sign is building a comprehensive ecosystem aimed at addressing issues related to information verification and token distribution in the blockchain world. With support from major investors and an experienced development team, Sign promises to play a crucial role in promoting transparency and safety in the Web3 space.
