[Upbit Notes] New Listing Update

Photo by AbsolutVision on Unsplash

New listing update
Here’s a round-up of the latest listings on Upbit’s BTC and KRW markets.

  • BTC Market
    FIL (Filecoin)

Filecoin project description:
Filecoin aims to be a decentralized storage network. Filecoin is being developed by Protocol Labs and builds on top of InterPlanetary File System (IPFS) by serving as a layer for decentralized data storage, retrieval, and value transfer. Filecoin has launched its own mainnet. Its native protocol token, Filecoin (FIL), incentivizes miners to provide storage to clients. Filecoin users are also able to spend FIL to hire miners who would then store or distribute data.

  • KRW Market
    FirmaChain(FCT2), LBRY Credits (LBC)

FirmaChain project description:
FirmaChain is an electronic contract and decentralized data storage platform that utilizes blockchain technology to prevent forgery, efficiently solving all of the limits of current electronic contract services. Through FirmaChain’s electronic contract service “Duite”, negotiations, transactions and editing history can be safely recorded without the contractors needing to meet in person. In addition, in the decentralized data storage of FirmaChain, miners and users can contract to store a certain file. The user transmits the file to be saved to the miner, and when the file transfer is completed, the miner encrypts the file and then copies, encrypts the file. Proof of file storage is then recorded on to the blockchain.

LBRY project description:
LBRY is a blockchain-based digital content protocol containing a digital library of content such as videos, music, games. LBRY reportedly has millions of pieces of content, ranging from Hollywood films to user-generated originals. LBRY can be used on a desktop computer or mobile phone via an app as well as on the web. LBRY Credits (LBC) are used to publish, purchase, and support content on the LBRY network. LBC are also used to aid the discovery of content through open-source top/trending algorithms and help increase the relevancy of search results.



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