SGPAY - Only one application of its ability to manage and perform all your daily transactions

Welcome to SGPay, world’s first transformative platform for mainstreaming cryptocurrencies

Everyone who deals with crypto money knows how inconvenient and with big commissions is having to buy bitcoins from Fiat and vice versa.
SGPay is a mobile application for electronic wallet and third-generation electronic payment that allows users to buy and sell crypto currency or make purchases using crypto-currency exchange rates and currencies.
The goal of this project is to make SGPay a leading e-wallet mobile application and payment electronics for all people living in Singapore and other areas.

Singapore has prepared a launch pad for the development and implementation of the SGPay function.Many have ignored Singapore as a potential market because of the relatively small size of the market. However, they did not take into account the ability of Singapore to quickly introduce innovative technologies, thanks to highly professional staff.
Singapore has been the leading financial center of Asia with one of the highest GDP per capita in the world.
Recently, the Government of Singapore has expressed support for electronic payments, which will increase the investment and development opportunities in this sector.

Electronic payments E-Payment in Singapore

A payment system that integrates new technologies and trends, such as crypto-currencies, has an excellent chance of becoming a unique offering in the modern market.
QR-code payments are also promising for implementation.
A newly formed payment system, created to create a common QR code for Singapore (SGQR), which can be used for large-scale payments in the digital market.
The target group seeks to introduce a standard QR code that can be used by any payment application so that it is possible to make universal currency exchanges.

CURRENT COMPETITORS
NETSPAR — Paying leaders are gradually embracing a unified payment culture without cash. Their strength is at the vast point of sale (POS) of legacy systems currently numbering more than 37,000 merchant outlets. Their applications also allow users to get special offers from merchants. See above for a chart of how much mobile payments are made in Singapore.
DBS PayLah — This is a bank’s payment application by Development Bank of Singapore (DBS) that allows users to transfer funds via mobile phone number. Their app also lets users make and request funds transfers, pay bills and donate money. However, similar to NETSPay, it lacks a wider service integration that will make it more useful for consumers.
CoinHako — The most popular local cryptocurrency wallet that allows users to transfer fiat funds for Bitcoin and Ethereal purchases. However, wallets suffer high prices relative to the rest of the market, some downtime and also the lack of mobile applications.
SGPays aims to put SGPay in the hands of everyone and 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.
In addition, merchant integration can be fostered more easily once we have a large user base. The focus of today’s payment solution providers providing Point-Of-Sale (POS) systems to merchants is to create a highly saturated market that considers the array of competitive solutions at the point of payment.
SGPays believes that the future of merchant integration lies in the same applications as their wallet platform. Such integration also means QR Code will have an important role in play.
Blockchain Capital Pte. Ltd. and its partners will execute mobile strategies primarily to develop assets that can meet market needs.

ASPECTS

• Crypto Transactions: Local e-wallet that supports the most cryptocurrencies.
• Online Mall: SGPay will work with their merchant partners to include them in their ecosystem.
• Large Partnerships: SGPay will be working with industry leaders from all verticals to provide the best options for their customers.
• Stored Balance: Easily send fiat money to other users.

Card Payments: You automatically earn reward points when using their platform.

BENEFITS:

• Decentralized tokens on the blockchain
• ‘Cold-Storage’ style wallet protects up to 99% of crypto-assets stored with us
• Accessible from mobile devices on both Android and Apple iOS
• Support for deposit / withdrawal of Singapore Dollar funds
• SGPay Network Token, Bitcoin, Ether
• APIs built into support merchant and user funds exchange
• Full access for users over their private keys (platform will not store keys)
• Support for debit and credit cards during the e-payment phase
• Deep integration with industry leaders from the Insurance, Travel and other fields
• The monetized reward system is built into the platform
• Support for locally developed cryptocurrencies such as Kyber Network Crystals, Zilliqa Tokens and more.

SGPay 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 lower transaction costs when buying or selling crypto on the SGPay platform.

Token Name: SGPay Token [SGP]
Number of Supply: Up to 13.8 million
Total 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.

Roadmap

Team

For more information, please visit here:
Website: https://www.sgpay.org/
Whitepaper: https://www.sgpay.org/sgpay-whitepaper-final.pdf
Facebook: https://www.facebook.com/sgpaytoken/
TWitter: http://www.twitter.com/sgpaytoken
Telegram: http://t.me/sgpay/

Author : gomes1
Mybitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1662391
ETH : 0xe1f377f5B1c2C537485Cf0558793b5d4b9c3569F