SGPAY

The thing that pushed SGPay into '3rd generation' e-wallet and e-payment is caused by 3 factors: 

The government's push towards electronic payments and the 'non-cash' community will provide the public infrastructure and much-needed support to the SGPay platform 

* 

MAS-friendly regulatory approach to cryptocurrencies in Singapore * MAS-friendly regulatory approach to cryptocurrencies in Singapore *

SGPay aims to put SGPay in the hands of everyone and it can play well from the consumer to the merchant's corner. Because all merchants are consumers by merchants, we believe it is important to drive customer integration beyond just merchant integration.

The solutions offered by SGPay and its tokens 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 make transactions using its token, and to pay for value-added services on the platform.

* The addition of SGPay to the payment of Singapore and Asia. There is a low possibility of one e-wallet that gains monopoly power and imposes 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.

SGPAY TOKEN 

SGPay Token is an ERC20 compatible token on the Ethereum blockchain. It is promoted and used on SGPay, related business platforms and partner merchant outlets. Token holders enjoy various incentives such as lower transaction costs when buying or selling crypto on the SGPay platform. 

Why blockchain Ethereum? SGPay chose to build SGP in Ethereal blockade, security, transparency and lower transaction costs. It is also the preferred block of networking companies like Microsoft and UBS that are part of the Enterprise Ethereum Alliance.

Why choose Singapore? 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 fail to recognize Singapore's ability to quickly adopt innovative technology due to its highly educated workforce and tech savvy population. Singapore is also a leading financial center in Asia with one of the highest GDP per capita in the world. The Singapore government recently advocated a national push for electronic payments that will increase investment and acquisition opportunities in the sector.

After establishing our presence in Singapore, we will move to the nearest foreign countries as Malaysia and Indonesia. Indonesia is the 4th most populous country in the world and the Southeast Asian region is poised to see tremendous growth. E-commerce and e-payment are growing at an increasing rate in the region, a great opportunity for FinTech companies. To further encourage the adoption of SGPay, we will also create additional business platforms to support the use of our tokens. This includes SGPay platform to offer monetized reward points and SGFund that will help support the expansion of SMEs.

Goal of SGpay Token? SGPay's goal is to make SGPay a leading e-wallet and e-payment mobile application for all people 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 will also be able to choose their preferred mode of payment, either in fiat currency or cryptocurrency at selected merchants.

* Token Name: SGPay Token [SGP]

* Number of Supply: Up to 13.8 million

* Number of General Supply: Up to 10 million

* Pre-Contribution Period: 1 February - 14 February 2018

* Supply Pre-Contribution: 2 million tokens @ US $ 0.40 each

* Main-Contribution Period: 1 March - 31 March 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 ETH

* Maximum Contribution: 100 ETH

* Currency received: Ether (ETH)

* KYC / Whitelisting: Yes

More information can see link below: 

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Username: danil21

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