Pharos Labs Signs Business Agreement with Bithumb’s Subsidiary
A synergy-driven project integrating mobile votes with a virtual wallet platform is underway. For this purpose, Pharos Labs, the operator of the blockchain-based mobile voting platform ‘Cratos,’ and Rotonda, a subsidiary of the Bithumb virtual currency exchange, have signed a Memorandum of Understanding (MOU).
Cratos is a specialized voting platform accessible through a mobile app, allowing anyone to create or participate in votes. Notably, the platform features real-time confirmation of age and gender data for registered votes. With an intuitive user interface (UI) related to votes and Cratos token rewards for participants, the platform boasts over 600,000 app downloads and a membership base exceeding 300,000 globally. As a mobile voting app, Cratos enables swift votes with over 1,000 participants in a short period. A company official from Cratos expressed optimism, stating, “The accumulated big data in the mobile voting platform is expected to synergize significantly with the multi-chain support capabilities of the Burrito Wallet.”
The ‘Burrito Wallet’ is Rotonda’s virtual asset wallet platform, supporting 14 mainnets and managing approximately 1,400 tokens. It offers a secure and straightforward method for transferring virtual assets without the need for wallet addresses, allowing real-time tracking of transaction statuses. Through this collaboration between Pharos Labs’ Cratos and Rotonda, a subsidiary of Bithumb, the plan is to actively form a partnership for mutual advancement, focusing on trend prediction through big data, building blockchain ecosystems and networks, marketing cooperation, and various other activities.
