SGPay
SGPay For The Next Payment
The SGPay Token For The Next Payment
The SGPay Token is a brand compatible with ERC20 on the Ethereal blockade, e-wallet and e-payment platform for all people living in Singapore and Southeast Asia. There are many things you can do with the SGPay platform like paying for your groceries, buying movie tickets, ordering flights and more with SGPay. You can also choose payment options either in currency or cryptocurrency in selected merchants and incentives such as low transaction costs when buying or selling crypto on the SGPay platform.
Harnessing the Booming Mobile Payments Field in Asia
SGPay will be riding on 2 significant uptrends – the exploding mobile payments market and the emerging cryptocurrency market. By using Singapore as its base, SGPay will expand outwards to the greater Southeast Asia region, reaching tens of millions of new users.
LAUNCH SUMMARY
*For institutional and/or large contributors – please contact us directly at hello@sgpay.org*
• 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
ROADMAP
The development of SGPay system is already in progress. Following is an overview of the project planning breakup. With its expected completion by May 2018, we are planning to launch the initial version of the system by Jul 2018.
Phase I (2H 2017) – Prototype Stage
• Prototyping different various user interfaces
• Optimizing the best user experience for our application
• Coding the wireframe for our platform
• Seeking of various liquidity partners for our platform
• Defining prototype functionality
• Establish prototype objectives
Goal: To create a seamless, secure, yet expansive prototype that has the ability to add
much more functionality into the platform in future
Phase 2 (1H 2018) – Launch of Beta + Initial Release Version
• Evaluate and refine prototype
• Debugging and user-experience testing
• Full systems development initiated
• Full e-wallet functionality and support for 3 currencies
• ‘Incentive’ algorithm based on SGPay Token built-in
Goal: Launch of a bug-free, excellent mobile application with e-wallet functionality
built-in together with sufficient liquidity and transaction rewards based on the amount
of SGPay Tokens being held by each customer
Phase 3 (2H 2018) – Addition of Payments functionality
• Launch of e-payments functionality
• Support for debit/credit cards
• Potential support for more locally developed tokens
• Intensive Adoption Drive
• Lay groundwork for creation of APIs for partner services
Goal: Addition of e-payments functionality such that the platform can reach out to a
the much bigger pool of people and to expedite the growth of our user base
Phase 4 (1H 2019) – Partner Services API
• To partner with various technology providers to enhance the use cases of our
product
• This will include insurance company tie-ups, mobile company tie-ups and
partnerships with other big firms in other sectors
• This will open up whole new users to our wallet application and make it a truly
all-in-one platform
Eventually, SGPay will evolve into an All-In-One (AIO) platform that will rival the
functionalities of AliPay in China and/or PayTM in India. This will bring up our current
initial valuation exponentially.
THE SGPAY TEAM
LINK IMPORTANT INFORMATION ABOUT SGPAY
Whitepaper : https://www.sgpay.org/sgpay-whitepaper-final.pdf
BitcoinTalk Thread : https://bitcointalk.org/index.php?topic=2804879.0
Website : https://www.sgpay.org/
Twitter : http://www.twitter.com/sgpaytoken
Telegram : http://t.me/sgpay/
Facebook : https://www.facebook.com/sgpaytoken/
Thank you for reading my review of The SGPay Token. see you in my next review.
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