SGPAY Make It Easy To Sell and Buy With Cryptocurrency
What is SGPay
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 solutions offered by SGPay and the token are:
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 conduct transactions using its token, and to pay for value-added services on the platform.
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 likelihood of one e-wallet gaining monopoly power and imposing unfavorable requirements for the user.
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.
Target Number of Active Users
Roadmap
The purpose of SGpay Token? SGPay's goal is to make SGPay a leading mobile e-wallet and e-payment application for everyone living in Singapore and the region. Customers will be able to pay for their purchases, purchase movie tickets, book flights and more with SGPay. They can also choose their preferred payment mode, either in currency or cryptocurrency in selected merchants.
Token Name: SGPay Token [SGP]
Number of Supply: Up to 13.8 million
Total Supply: Up to 10 million
Pre-Donation Period: 1 February - 14 February 2018
Supply Pre-Contribution: 2 million tokens @ US $ 0.40 each
Main Contribution Period: March 1 - March 31, 2018
Main Contribution Offer: 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 ET
Maximum Contribution: 100 ETH
Currency received: Ether (ETH)
KYC / Whitelisting: Yes.
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