SGPay

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SGPay - The 3rd Generation E-Wallet Mobile E-Payment Application



SGPay Tokens are built on the Ethereal blockade that complies with the ERC-20 standard. The SGPay Token (or SGP in short) was built as a sign of utility for use on our main SGPay platform. These will be adopted by our technology partners and affiliate merchants.

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.

The team's goal is to make SGPay a leading e-wallet and e-payment mobile application for everyone living 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 and its token help solve this problem and encourage crypto growth in Singapore and Asia. The main beneficiaries of this improvement were early adopters of cryptourrency.

First, SGPay is an e-wallet that allows users to buy and sell cryptocurrencies. It has an inbuilt incentive system that provides lower transaction costs to users who hold more SGPay tokens. SGPay will allow its users to make transactions using its token, and to pay for value-added services on the platform.

Second, the addition of SGPay to the payment ecosystem also gives users greater choice and diversity for payments in Singapore and Asia. There is a lower possibility of one e-wallet that gains monopoly power and imposes unfavorable requirements for the user.

Third, SGPay will advocate the use of cryptocurrency for regional payments. This creates a more familiar environment for users who already feel comfortable with e-payment applications. Now crypto is promoted and supported on popular payment apps, its use will increase by itself.


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.

Relative Project Values

Singapore has become a hotbed of the blockchain project due to its regulatory environment. The following is a list of incomplete projects, current market capitalization and also a brief summary.

DigixDao [DGD] - Market Capitalization of US $ 275 million
A gold-backed token built on the Ethereal blockade. DGX is a value store on blockchain and their token event takes place in 2016, garnering US $ 5.5 million.

TenX [PAY] - Market Capitalization US $ 255 million
TenX is built in partnership with credit card companies to include crypto in your card. This is done through a liquidity provider that handles many assets. TenX held their token event in June 2017 and successfully increased $ 80 million.

Kyber Network [KNC] - Market Capitalization US $ 190 million
Kyber Network is a new system that is on-chain and enables the ease of conversion and exchange of digital assets. This reduces the user's risk when trading crypto. Sales of Crystal Network Kyber managed to collect US $ 60 million in September 2017.

SGPay Token [SGP] - Market Capitalization US $ 4.8 million [At Full Allocation]
SGPay works in the SGPay 3rd generation payment wallet. The creation of a 3rd generation wallet aims to integrate crypto, e-payment and other services on blockchain.




Problem

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)

Solution

The introduction of SGPay and its token helped solve this problem and encouraged crypto growth in Singapore and Asia. The main benefit of this Improvement is the early adopter of cryptourrency.

First, SGPay is an e-wallet that allows users to buy and sell cryptocurrencies. It has an inbuilt incentive system that provides lower transaction costs to users who hold more SGPay tokens.

Full Feature Set

Accessible from mobile devices on Android and Apple iOS
Tokens are decentralized in blockchain.
The 'Cold-Storage' style wallet protects up to 99% of the crypto assets stored with us.

Support for transactions involving cryptocurrencies such as SGPay Network Token, Bitcoin, Ether
Support for deposit / withdrawal of Singapore Dollar.
API is built to support exchange of traders and users.

Full access for users above their private key (platform will not save key)
Support for debit and credit cards during the e-payment phase

Deep integration with industry leaders from the fields of Insurance, Travel and other fields
Monetized reward system built into platform
Supports for locally developed cryptocurrencies such as Kyber Network Crystals, Zilliqa Tokens and more.

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.

Budget Allocation






The development of the SGPay system is already under way. Here is an overview of project planning. With an estimated completion in May 2018, the plan launches an early version of the system in July 2018.

Roadmap




Team SGPay

Deng Guangyuan, CEO
John Lim, STRATEGIC DEVELOPMENT LEAD
Su fi Yusof, LEAD BUSINESS DEVELOPMENT
Bryan Ho, LEAD MARKETING DEVELOPMENT
Vishal Maheshwari, LEAD PLATFORM DEVELOPMENT
Sumit Rajput, BLOCKCHAIN DEVELOPMENT
Sanjeevi Acharya, UI / UX DEVELOPER
Rolf Haudenschild, ADVISER
Christel Quek, ADVISER
Ankur Maheshwari, ADVISER
Farhan Firdaus, ADVISER
Joelle Pang, ADVISER
Jenna Park, ADVISOR


For More Information, Visit The Link SGPay:



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