Flybit, officially listed on the Oric Network (AUSCM) won (KRW) market
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The Korea Digital Exchange (CEO Seok-Jin Kim, hereinafter referred to as Flybit), the operator of the virtual asset exchange Flybit, officially listed the Auric Network (AUSCM) based on gold trading and market prices on the Korean Won (KRW) market It said on the 24th.
Oric Network (AUSCM) is a token linked to the value of gold, a representative stable asset, compared to most projects that rely on the value of fiat currencies issued by governments and central banks of each country, and the market price for 1mg of gold (+/- ) It is a linked commodity currency with a 5% equilibrium price.
AUSCM, a native token of AUSCM, operates the blockchain protocol and is used to provide a reward pool that encourages AURIC holders to continue to participate in the AURIC protocol ecosystem.
A Flybit official said, “We decided to list Oric Network because we judged that the blockchain technology and platform have high growth potential,” said Flybit. “I hope that the utility and ecosystem of Oric Network will expand further through the listing of Flybit.”
On the other hand, Flybit will list Oric Network (AUSCM) on the KRW market (KRW) on the 25th and will hold related events until March 10th, next month. Membership event (first-come, first-served basis), first deposit and transaction event Various promotions such as (300 people on a first-come, first-served basis) will be held. For more information, please refer to the flybit announcement.
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.