What is SGPay?
SGPay is a new concept on wallet technology, which combines both digital currency and fiat into a seamless wallet experience. Our SGpay tokens are already based on ERC20 or similar to ethereum coin with advanced technology and algorithms. We chose to build SGP on the Ethereum blockchain because it brings advantages such as decentralization, security, transparency and lower transaction costs , so for you who will later buy and use our token, will get a satisfaction, where you have a high level of token security, low transaction fees and other good things.
Our primary platform SGPay is a 3rd generation e-wallet and e-payment mobile application that allows users to buy and sell cryptocurrencies, or make purchases using both cryptocurrencies and fiat currencies. SGpay users will certainly be released in this case, can sell and buy cryptocurrency anytime, and anywhere, at your disposal.
Currently we are developing, where we are focusing on Singapore market. In addition, Singapore is also one of the countries that provide a bright spot on the world of cryptocurrency, government grants and accommodative stand towards Initial Coin Offerings (ICO) has made it a favorite for fintech firms coming into Singapore. Singapore is currently acting as a large field of technological trade, so we will offer the people in Singapore an e-wallet and e-payments mobile application for everyone living in Singapore and the region. Customers will be able to pay for their groceries, purchase movie tickets, book flights and more with SGPay. They will also be able to select their preferred mode of payment, either in fiat currency or cryptocurrency at selected merchants.
as we see in the diagram above the use of mobile payment between 2012 and 2016 is very rapid. In the Asia / Pacific region, we can see an increase from 85% to 163.6%. For North America we can see an increase from 32.8% in 2012 and to 90.7% in 2016. Likewise in Europe, where in 2012, it only touched 26.7%, and in 2016 soared to 64%. Still continue,
in the second diagram, we can see some list of mobile payment usage in some big countries in asia, like Thailand, Indonesia, Singapore, Malaysia, Vietnam, Phillipines, where every year, starting 2016 and estimate 2021, will continue to experience rapid development in terms of use of mobile payment product.
We want to create a unique way of selling in our way and through our partnership with both technological innovators and traditional firms. We are also exploring potential partnerships with at least one of the local banks.
From our perspective, we believe traditional money still has a place beside cryptocurrencies and a partnership would provide much more value to consumers in general.
Token Name: SGPay Token [SGP]
: Total Supply: Up to 13.8 million
: Total Public Supply: Up to 10 million
: Pre-Contribution Period: 1st Feb to 14th Feb 2018
: Pre-Contribution Supply: 2 million tokens @ US$0.40 each
: Main-Contribution Period: 1st Mar to 31st Mar 2018
: Main-Contribution Supply: 8 million tokens @ US$0.50 each
: Soft Cap: US$0.8 million
: Implied Market Cap: Up to US$4.8 million
: Minimum Contribution: 1 ETH
: Maximum Contribution: 100 ETH
: Accepted Currencies: Ether (ETH)
: KYC/Whitelisting: Yes
The following wallets are known to be compatible with Ethereum tokens (ERC-20)
: Myetherwallet
: Metamask
: Mist
: Parity
: imToken
For More Information & Participate:
Website : https://www.sgpay.org/
Whitepaper : https://www.sgpay.org/sgpay-whitepaper-final.pdf
Facebook : https://web.facebook.com/sgpaywallet
Telegram : https://t.me/sgpay/
Twitter : http://www.twitter.com/sgpaywallet
I think this is a great project