🆕🚨🔦💡What is the Sign coin project?$SIGN 🔎✅
🆕✅👇👇👇👇✅🆕
Binance announced today the listing of the coin on its platform. The Sign coin was one of the coins that emerged from the Hodler Airdrop, in addition to the fact that Binance's investment arm is an investor in it.$BNB
Therefore, there is significant interest in the coin, but some do not know about the coin project. In this article, we will delve into the details of the coin project and everything you need to know about it.
What is the Sign Protocol project?
Sign Protocol is working on building infrastructure for digital identity verification on the blockchain. As the use of blockchain expands and is adopted by governments and institutions, a method for verifying wallet identities is needed to ensure security and safety standards.
Thus, Sign Protocol is working on building the infrastructure that enables this easily and smoothly for these institutions and projects.$XRP
Sign Protocol applications that implement this are as follows:
Token Table: is a platform that allows the distribution of project coins, investors, and airdrops through identity verification.
ethSign: is an application that allows digital signatures on the blockchain to verify the user's identity.
SignPass: is an identity verification application used in voting and registration on the blockchain.
What is the Sign coin?
Sign coin is the main currency of the protocol, on which all protocol products and applications and all project ecosystem initiatives are based.
Moreover, currency holders can stake it and use it for governance and determining the future of the project.
The total supply of Sign coin is 10 billion tokens, but at listing, the total supply for trading will be 1.2 billion tokens.
The total currency distribution is as follows:
Airdrop allocation is 5.5%
Investor allocation is 20%
Project team allocation is 10%
Liquidity allocation is 1%
Community incentive allocation is 30%
Ecosystem allocation is 10%
Institution allocation is 20%
Binance Hodler Airdrop allocation is 3.5%
Investors of the Sign Protocol project
The Sign Protocol project has raised investments from several major companies in the cryptocurrency market.
In the second quarter of 2022, the project raised $12 million in a funding round led by Sequoia Capital.
Additionally, the project raised $16 million in its funding round in the first quarter of 2025, led by the investment arm of the Binance platform, YZI Labs.#BinanceSquare
This investment confirms these companies' vision for the project's future in the market.#AirdropFinderGuide #TariffPause
