Singapore made a great launching pad for the development and implementation of the SGPay function. Many payment providers have ignored Singapore as a potential market because of its relatively small market size. However, they failed to recognize Singapore's ability to quickly adopt innovative technology due to its highly educated workforce and tech savvy population. Singapore is also the leading financial center of Asia with one of the highest GDP per capita in the world. The Singapore Government recently advocated a national push for e-payment that will increase investment and acquisition opportunities in the sector.
Singapore has quickly emerged as the preferred crypto center. Technology-friendly status, government grants and accommodative establishment of Initial Coin Offices (ICO) have made it a favorite for film-makers coming to Singapore. MAS also takes an accommodative approach where compliance and security regulations apply when considering specific rules for future implementation.
SGPay is an ICO project that combines fiat and virtual currency into a seamless wallet experience. This service is one simple platform that allows users to complete a myriad of tasks. Users can use a variety of SGPay services, buy and sell crypto, and make e-payment using their credit card.
SGPay combines tokens and platforms to do just about anything - from debit and credit card payments to fiat and crypto e-wallets - in the same location.
The biggest advantage of SGPay is the ability to manage and perform all your daily transactions using one app. SGPay makes it easy for users to manage some of their background crypto no matter your location and gives you the ability to trade on the platform itself.
The company intends to collect 4.8 million dollars at the expense of an initial offer of coins (ICO) for SGPay tokens, which will be held in February. SGPay is an ambitious project, aimed at launching an "all in one" digital wallet in June 2018. This is, indeed, one of the most exciting new projects in Southeast Asia, due for release this year. To learn more about this project and to participate in ICO, please visit. site http://www.sgpay.org.
Token SGPay kami dibangun di atas blokade Ethereal, sesuai dengan standar ERC-20, SGPay Token (atau SGP singkatnya) dibangun sebagai token utilitas untuk digunakan pada platform utama kami SGPay. Ini akan diadopsi oleh mitra teknologi kami dan berafiliasi
SGPay's main platform is a third-generation mobile e-wallet and e-payment application that allows users to buy and sell cryptocurrencies, or make purchases using cryptocurrency and fiat currencies. Our goal is to make SGPay a leading e-wallet and e-payment mobile application for everyone who lives in Singapore and the region. Customers will be able to pay for their purchases, buy movie tickets, book flights and more with SGPay. They can also choose their preferred payment mode, either in currency or cryptocurrency at selected merchants.
Sgpay's solution to solve the current problem.
The current problem with E-payment industry is caused by some mechanical deficiencies in the system. First, people can not send money to other users quickly. On average, it can take up to 3 days to send payments using a traditional platform.
Second, E payment can increase the cost at a very high rate. On some occasions, the company will charge up to 10% for each transaction. This can cause some users to become frustrated with the platform and look for better alternatives.
SGPay's solution is to create a platform where users can buy and sell cryptocurrency without having to wait for a long processing time.
And, SGPay gives users more diversity and payment options in Asia and Singapore. This reduces the likelihood of e-wallets gaining monopoly power and setting unfavorable requirements for users.
Finally, SGPay will allow the use of cryptocurrency to make regional payments. Doing so will appeal to users who already know how to use the e-payment application. Now crypto is supported and promoted on popular apps, it will increase overall usage.
Aspects of Sgpay
- Crypto Transactions: Local e-wallet that supports crypto the most.
- Online Mall: SGPay will work with their trading partners to incorporate them into their ecosystem.
- Great Partnership: SGPay will work with industry leaders from all verticals to provide the best choice for their customers.
- Stored Balance: Easily send fiat money to other users.
- Card Payments: You automatically earn reward points when using their platform.
SGPAY - CREATE WALLET 3RD GENERATION
Great Promise in the Payment Sector E
The E-Payments industry promises a lot for companies that are able to secure a firm footing in the marketplace. Cue assessment case for MC Payments - which was recently earned for US $ 59 million (S $ 80 million)
This sector holds great promise as the next milestone for the industry which will be the 3rd generation wallet platform that hosts payments, cryptococcal transactions as well as integrated services.
Review Token
SGPay Token is an ERC20 compatible token on the Ethereal blockchain. These are promoted and used in SGPay, related business platforms and partner merchant outlets. Token holders enjoy various incentives such as low transaction costs when purchasing or selling crypto on the SGPay platform.
Launch Summary
· Token Name: SGPay Token [SGP]
· Total Provide: Up to 13.8 million
· Total General Supply: Up to 10 million
· Pre-Contribution Period: 1 Feb to 14 February 2018
· Pre-Contribution Offer: 2 million tokens @ US $ 0.40 each
· Main Contribution Period: 1 Mar to 31 March 2018
· Supply Main Contribution: 8 million tokens @ US $ 0.50 each
· Soft Cap: US $ 0.8 million
· Implied Market Mark: Up to US $ 4.8 million
· Minimum Contribution: 1 ET
· Maximum Contribution: 100 ETH
· Currency Received: Ether (ETH)
· KYC / Whitelisting: Yes
Token Properties
- Initial Limited Public Supply up to 10.000.00
- Fixed Supply Forever (No fluctuations)
- Token utility on our platform. As adoption increases the token value increases as supply is limited.
Distribution of funding
Roadmap
Team
Deng Guangyuan, CEO
John Lim, PENGEMBANGAN STRATEGIS LEAD
Su fi Yusof, PENGEMBANGAN BISNIS LEAD
Bryan Ho, LEAD MARKETING DEVELOPMENT
Vishal Maheshwari, PEMBANGUNAN PLATFORM LEAD
Sumit Rajput, PENGEMBANGAN BLOCKCHAIN
Sanjeevi Acharya, UI / UX DEVELOPER
Rolf Haudenschild, PENASIHAT
Christel Quek, PENASIHAT
Ankur Maheshwari, PENASIHAT
Farhan Firdaus, PENASIHAT
Joelle Pang, PENASIHAT
Jenna Taman, PENASIHAT
You can find out more information by visiting the official website below:
WEBSITE || Whitepaper || Telegram || Facebook
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