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SGPay (SGP)

Exchanges & Wallets
Financial Services

Overview

SGPay is an e-wallet that allows users to buy and sell cryptocurrencies using e-payment apps, the payments ecosystem also provides users  choice for payments in Singapore and Asia.

Features

SGPay is an e-wallet that allows users to purchase and sell cryptocurrencies using e-payment apps. The platform is designed for Singapore and Asian market.

SGPay team’s main objective is to promote cryptocurrencies in Singapore and adjacent territories. SGPay aims to familiarize traditional industries (insurance, retail, transport, etc.) with their platform to get more support and potential revenues.

SGPay solution will be accessible form mobile devices (Android and iOS). It supports cryptocurrency transactions (SGPay Network Token, Bitcoin, Ether and locally developed cryptocurrencies), as well as depositing/withdrawal of Singapore Dollar funds. The SGPay platform will also have a built-in monetized incentive system.

The SGPay (SGP) token is an ERC20 token built on the Ethereum blockchain. It will be utilized in the SGPay platform and associated business and partner platforms. The token holders will be offered lower transaction fees and other incentives.

According to the roadmap, the SGPay’s MVP will be completed in June 2018. The SGPay platform with e-payments functionality will be available in November 2018.

Crowdsale

Pre-sale
Pre-sale start date 01 Feb 2018
Pre-sale end date 14 Feb 2018
Pre-sale token supply 2,000,000
ICO
ICO start date 01 Mar 2018
ICO end date 31 Mar 2018
ICO token supply 8,000,000
Soft cap 800,000 USD (fiat)
Hard cap size 48,000,000 USD (fiat)
Legal
ICO Platform 3
Registration Country Singapore
Registration Year 2017
Token details
Ticker SGP
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Funds allocation

29.17% - Marketing costs

29.17% - Operational costs

41.66% - Development costs

Ratings

Type of scores
Score
Status
Hype score Medium Active
Risk score Medium Active

Team members

Name
Position
ICO
Social
Member of this ICO only
CEO Member of this ICO only
Member of this ICO only
Member of this ICO only
Member of this ICO only
Lead Strategic Development Member of this ICO only
Member of this ICO only
Lead Business Development Member of this ICO only
Lead Platform Development Member of this ICO only
UI/UX Designer Member of this ICO only
Blockchain Developer Member of this ICO only

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium

Ended

$48000000

Start ICO 01 Mar 2018
End ICO 31 Mar 2018
Token SGP
Price 1 SGP = 0.5 USD
Product Type Platform App
MVP No product
Registration Country Singapore
Whitepaper View

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