Nowadays even in the emerging markets people have an opportunity to purchase a smartphone but most of them don't have a consisting connectivity on their phones. Over 70% subscribers all over the world have to pre-pay their mobile connections. That doesn't allow people stay online and take participation in the economy, politics and other social communities.
When about nine years ago the blockchain technology has occurred, it became clear that the greatest benefit of this technology is to develop emerging markets. But how can people use the blockchain technology if they don’t have an opportunity to access to the internet? Most people can't understand how this technology can improve their lives. That is the primary target for Siglo to give people an opportunity to stay more connected. Siglo is an innovative way for emerging market to stay connect with the unconnected. The Siglo token is a gateway for users of emerging markets to get connected, to stay connected and then begin to do the basic financial transactions. Siglo rewarding customers with access to the internet and data. The main vision of Siglo is to make internet free.
How does Siglo work?
The mission of Siglo is to create and develop the so called Siglocosystem. In order to begin using a Siglo App the user must:
- Create a personal account by providing the system with the basic information: opinions, tastes, interest to the brands.
- After the smart contract is digitally signed user gets the right to minimize this data.
- User have to pay minimal deposit of tokens for the establishment of the smart contract. Then the user is able to access to his personal wallet connected to his profile.
Brands and other entities need to communicate with the audience. In emerging markets it is a serious challenge. When a campaign is published to the Siglo protocol a smart contract defines a target audience and this is validated on the blockchain. Then the campaign is shared with verified users that were defined as a target. This could be a consumer, an employee or any account holder. Over 70% of the world's mobile phones are prepared an individual struggle to have consisting connectivity.
When a Siglo App user sees a piece of content, answers a survey question or chooses to engage they earn App Coins or Tokens. In turn brands get an opportunity to engage directly the user because these contracts are written to the Blockchain, they are transparent to everyone. This asset back tokens are exchangeable for every time pop ups and in the future for other goods and services. Users make their first financial transactions online and they begin participate in an economy process.
Siglo is the evolution of pig.gi experiment
The main investors of Siglo platform brothers Joel and Isaac Phillips have founded and launched the pig.gi app. The public version was launched in June 2016 in Mexico and few months later in Columbia. Since that time it was downloaded more than 1.2 million times and has an average rating 4.5 in Google Play Store. The main idea of pig.gi app is to provide merchants and brands with a solution for connecting them with the customers, simultaneously helping people get safe and moderate access to the internet. So Siglo system is a result of a great job that was done during the process of creation of pig.gi app.
Siglo founders consider themselves to be pioneers in the sphere of democratized monetization of data while creating the pig.gi app. But conditions of the modern digital world are calling to create even more transparent system. And here is the interest to the human essential needs growth.
Token Sale Plan
Siglo developers understand the importance of realizing how do people choose. Why do they prefer this or that product or service? Everyone stays tuned about the modern tendencies and owns a measurable information about the methods of choice. This information can be easily exchangeable and let those people who have shared it can access to the free internet. Siglo might be interesting for those who is just entering the digital world and get his/her basic financial services. As well as for those who is already earning and transacting in a cryptocurrency as it gives them an opportunity to save, to invest or to spend it in the future on anything imaginable.
Links
Website: https://siglo.com/
WhitePaper: https://bit.ly/2Lq3aZX
Telegram: https://t.me/Siglo
Facebook: https://www.facebook.com/SigloCoin/
Twitter: https://twitter.com/CoinSiglo
Medium: https://medium.com/@siglo
ANN: https://bitcointalk.org/index.php?topic=2903167.0
Author: https://bitcointalk.org/index.php?action=profile;u=980049
BitcoinTalk username: the1arty
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.