Dear ARPA community,
We are pleased to announce that FTX will add ARPA to the Dragon Index (DRGN-PERP), which is a basket of 8 most popular tokens of Chinese origin. As the latest addition, ARPA will have equal weight as its 8 predecessors, Bytom(BTM), IOST, NEO, NULS, Ontology(ONT), QTUM, Tron(TRX) and Vechain(VET). The re-balancing will be completed at the quarter-end.
Click here to learn more about the Dragon Index: https://ftx.com/trade/DRGN-PERP
The Dragon Index includes quarterly futures contracts, perpetual contracts and leveraged tokens (-1x hedging, 3x bull, -3x bear). By purchasing the index, traders can have exposure to all 9 popular Chinese tokens in either direction.
The FTX dragon index was designed to report a weight market price of the most popular Chinese tokens at which liquidity could easily enter or exit. The DRGN-PERP captures a comprehensive, global sample of liquidity on the highest volume and quality exchanges.
ARPA is the first and only addition to the Dragon Index after its launch on 10/29/2019. This is a significant recognition of APRA’s technological advancement, community development, token tradability, trading depth and liquidity. Dragon Index will greatly increase ARPA’s liquidity and depth on existing exchanges such as Binance, Huobi Global, Gate.io, KuCoin, HitBTC, etc.
As a relatively young project, ARPA has a significantly lower market capitalization than the 8 other component projects. The market cap of NULS, albeit beingthe lowest in Dragon Index, is nearly 3 times larger than that of ARPA’s. At the same time, TRX and NEO’s market cap is 150 and 100 times higher than ARPA’s.
The gaps show both great growth potential for ARPA and considerable challenges ahead.
ARPA has made great advances since its inception. In terms of the research, ARPA assisted the China academy of information and communication technology (CAICT) in formulating the MPC national standard with Alibaba, Baidu and Ant Financial. ARPA also joined IEEE as an enterprise member and participated in the development of IEEE P2830 Shared Machine Learning standards. ARPA is an MPC Alliance corporate member, which is the first global organization for secure multi-party computing technology.
ARPA has a global community consisting of nine languages. Besides the Chinese community with 90k+ members and the English community with 30k+ members, there are more than 9,000 members in Thai, Indonesian, Russian, Vietnamese, Filipino, Turkish and Korean communities.
On December 12, 2019, ARPA was invited to speak at the China enterprise development forum held at the Great Hall of the People. During the forum, ARPA was named one of the top 10 innovative blockchain companies of China. It is worth mentioning that IOST, which has joined the dragon index, also attended the forum.
ARPA will work with BTM, IOST, NEO, NULS, ONT, QTUM, TRX and VET to develop a better crypto ecosystem for not only China but the world, and press hard for the development of blockchain technology. Stay tuned for more exciting updates from the restless ARPA team!
Click here to learn more and trade the Dragon Index: https://ftx.com/trade/DRGN-PERP
FTX is a cryptocurrency derivatives exchange built by traders, for traders. FTX has over 70 contract trading pairs including 6 index contracts. Its world-first leveraged tokens automatically manage position exposure, rebalancing to maintain target leverage thus preventing liquidations. FTX has also entered the options space with its industry-first MOVE contracts. Recently FTX had also listed 2020 U.S. Presidential Elections contracts.
FTX Token (FTT) is the backbone of the FTX ecosystem and has also listed on Binance, BitMax, CoinEx, Huobi, and Bitfinex. FTX strives to build a platform powerful enough for professional trading firms whilst being intuitive enough for first-time users.
ARPA is committed to providing secure data transfer solutions based on cryptographic operations for businesses and individuals.
The ARPA secure multi-party computing network can be used as a protocol layer to implement privacy computing capabilities for public chains, and it enables developers to build efficient, secure, and data-protected business applications on private smart contracts. Enterprise and personal data can, therefore, be analyzed securely on the ARPA computing network without fear of exposing the data to any third party.
ARPA’s multi-party computing technology supports secure data markets, precision marketing, credit score calculations, and even the safe realization of personal data.
ARPA’s core team is international, with PhDs in cryptography from Tsinghua University, experienced systems engineers from Google, Uber, Amazon, Huawei and Mitsubishi, blockchain experts from the University of Tokyo, AIG, and the World Bank. We also have hired data scientists from CircleUp, as well as financial and data professionals from Fosun and Fidelity Investments.
For more information about ARPA, or to join our team, please contact us at email@example.com.
Learn about ARPA’s recent official news：
Telegram (English): https://t.me/arpa_community
Telegram (Việt Nam): https://t.me/ARPAVietnam
Telegram (Russian): https://t.me/arpa_community_ru
Telegram (Indonesian): https://t.me/Arpa_Indonesia
Telegram (Thai): https://t.me/Arpa_Thai
Telegram (Turkish): https://t.me/Arpa_Turkey