SINGAPORE, 23rd August 2019 – Mogu Technologies, a blockchain-based project that envisions rewarding connectivity by building scalable, user-friendly and powerful commodity hardware infrastructure, has been continuously working on the Mogu Smart Router project that would remove the need for traditional server infrastructure by delivering data processing capacity from a domestic router.
A network of our Smart Router would collectively form green, scalable distributed server infrastructure, enabling users to be financially rewarded in Mogu Tokens (MOGX), a cryptocurrency that can be spent on goods and services from our partners within the Mogu ecosystem, by sharing their connectivity, storage and computational power.
Mogu Token (MOGX) is a digital medium of exchange in the Mogu ecosystem that is fully optimised for distribution, finance, shopping, security by using blockchain technology. We are taking the first step towards global adoption and integration by making Mogu Tokens available to the global market.
With this, we are proud to announce that we are partnering with CoinTiger, a globally-ranked Top 15 cryptocurrency exchange platform. CoinTiger has over 2 million registered users, and over $800 million USD daily trading volume from more than 107 different coins. Mogu Token liquidity will immediately increase upon trading with the sizeable base. Stay tuned for more details regarding this partnership as further announcements are released in the coming days.
Established in 2017, CoinTiger is a global and innovative digital assets exchange platform which provides multi-cryptocurrency trading service including multi-language support for blockchain enthusiasts around the world. Since the platform was launched, it has continuously iterated with a steady upgrade and now has an increasingly mature ecosystem comprising web, iOS, and Android clients application and comprehensive exchange services including cryptocurrency trading, Ticker Capital, Labs, IEO, and voting for listing program. Currently, CoinTiger users have topped 2 million and are from more than 100 countries and regions in Asia, North America, Africa, and Europe.