Fysical Blockchain Location Data Market Gets Signum Capital Support
Signum Capital has endorsed the functional and live location data marketplace by Fysical, a decentralized location data market protocol for the next data frontier: the physical world.
Signum is a Singapore-based firm that exclusively consults in blockchain-enabled companies. Their mission is to realize the future of blockchain economy by consulting in game-changing projects and companies.
Signum Capital’s strong interest in Fysical is in response to its location data market protocol for the next wave of big data: the physical world.
With an initial focus on human location data, Fysical provides the decentralized infrastructure for the next generation of big data: what stores you visit, where you travel, and how you move through the physical world.
John Pangilinan, Partner at Signum Capital said Fysical has created a functional and live location data marketplace and is already trading 15 billion data points from more than 10 million mobile devices every month. The company said it is excited to back Fysical’s innovative, decentralized model and to help them build on their success.
Signum Capital has a history of supporting high-profile blockchain companies including Omisego, Zilliqua, Kyber Network, Aelf and TenX. They assist their companies in areas they need the most; be it in community engagement for their main initial coin offering (ICO) sale, pairing with institutional buyers and advisers, or making strategic partnerships and M&A post-ICO.
On their part, Fysical said it is honored to have the support of Signum Capital for its location data market protocol, according to Ben Smith, Co-Founder of Fysical. He added that the company believes the next frontier of location data is offline, and that success starts with Fysical.