FAQ

1. What is FUTUREPIA?

Futurepia is a distributed social media Mainnet based on blockchain technology. It supports DApps specialized on social media, it has a DApp Store, and provides various APIs for DApp developers.

2. What is DDPoS?

It is a new consensus algorithm that solves the problem of the existing DPoS (Delegated Proof of Stake) method, which is called 3rd generation blockchain technology. In DDPoS(Double Delegated Proof of Stake), as Block is created in each round, the master node (BP) and the Futurepia node (BO) become representative nodes in random order. Because of this, the risk of collusion between master nodes decreases, and improves the processing speed.

3. Futurepia's DDPoS is a great technology. Why is it innovative?

Because Futurepia is a social media Mainnet which is developed based on DDPoS (Dual Delegated Proof of Stake), a unique algorithm of Sigma Chain. Thanks to this, it has a high transaction speed of 300,000 TPS (Transactions Per Second) and higher security.

4. At what stage is DDPOS currently implemented?

DDPos itself is already developed, and Futurepia social media Mainnet is preparing to incorporate sharding technology into DDPoS's consensus algorithm. 90% has already been completed and Futurepia succeeded in becoming the first Windows builder in the world, while the existing blockchain technology is challenging only Linux builders. We are currently in the process of beta testing for the commercialization of social media Mainnet services based on blockchain.

5. How much does it cost to use Futurepia?

There are no fees in Futurepia, therefore it is free.

6. If I have any questions, how can I contact the team?

You can contact us via email at Futurepia and you will find more information in the Futurepia community.

7. How secure is it to upload an identity document (passport, ID, other documents) on Futurepia website?

Yes.The FUTUREPIA website processes and protects your identity data according to privacy laws and terms and conditions.For more detailed information, please see our privacy and terms of use.

8. Is there a KYC procedure?

After getting listed on the exchange, KYC verification process will be carried out on the first transaction.

9. I want to purchase Futurepia Coin. Is that possible?

We closed Private T.G.E on 31st December, 2018 and currently it is not possible to buy the coin. Once Futurepia gets listed on the exchange in near future, only then you'd be able to purchase the PIA Coin.

10. What is SNAC?

SNAC is a blockchain-based social media that rewards everyone actively using the app, from content creators to the betting curators.

11. Can the same ID be linked to other Futurepia services?

Yes, you can login Futurepia App Wallet, Futurepia website and SNAC, all with the same ID.

12. How much does 1SNAC worth in KRW?

1 SNAC = 1 KRW

13. What’s the difference between PIA and SNAC?

PIA is a utility coin that can be traded on the exchange with KRW and other cryptocurrencies, while SNAC is a stable coin available within the SNAC application.

14. What is Master Key?

To enhance security through blockchain, every SNAC member is given a master key at the time of Sign Up. Since Master Key is required to change the password of the account, it is very important to keep it safe and secure.

In case you lose your password, you can only reset it through Master Key. Moreover, it will be used for PIA/SNAC exchange too. Once issued, the Master key will not be reissued in any way. And if lost, there is no way to recover it. Therefore, please keep the Master Key and Password separate and secure.

Master Key can be found through:

*SNAC → My Profile Icon → Account Information → View Master Key (visible after entering password)

*Futurepia Homepage → Login → Wallet → My Wallet → Master KeyHere you can find more details about it:

https://medium.com/futurepia/snac-master-key-a759dc75166a

15. Do I always have to keep my Master Key?

Master Key is issued at the time of account creation with the purpose to enhance the security through blockchain.

Master Key is always required while changing the password.
If SNAC ID is linked to Futurepia account, Master Key will be same. But if SNAC and Futurepia ID are different, Master Key will be different.
Once issued, Master Key cannot be re-issued in any way.

16. What happens with Master Key, after I change my password?

Once you change your password, Master Key will also be changed.

17. Where to find the Master Key?

You can find Master Key by two ways:

- Futurepia Homepage: My Wallet > Master Key
- SNAC Application: My Page > Setting > My Account > View Master Key

18. How can I transfer PIA coins?

PIA Transfer is a service that allows sending and receiving PIA coins among Futurepia/SNAC users.

[Send PIA from SNAC app]

* Send to a friend: Friend profile > \\\\\\\'Send\\\\\\\' button> Input PIA and confirm
* Send Money: My Page> My Wallet> Settings> Transfer> Send button[Send PIA from Futurepia Homepage]
Futurepia Website Login > My Wallet > Transfer > Enter amount > Confirm

19. What is staking?

The purpose of staking is to reward the PIA investors with extra coins by setting a lockup period during which the staked coins cannot be traded.

* Application Period: 19.05.23 to 19.06.14.
* Once signed up for staking, it cannot be cancelled.
* Staking reward for 6 months = 6%, while for 1 year = 14%

20. I cannot find my wallet address

Your FuturepiaID / SNAC ID is your wallet address.

21. What happens if I get the tokens using some illegal way?

Futurepia does not tolerate any act of obtaining coins or using the service by some means that violates our TOS. Strong action will be taken against any user involved in such activities.