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SGPay (SGP)

ICO

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.

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Overview

Project industryExchanges & Wallets
Product typePlatform
FoundedSingapore, 2017
WhitepaperSGPay White Paper Open

What is SGPay

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.

Details

Pre-sales: Feb 01, 2018 - Feb 14, 2018
Public sales: Mar 01, 2018 - Mar 31, 2018
Pre-sale token supply: 2000000
Token supply: 8000000
Soft cap: 800,000 USD
Hard cap: 48,000,000 USD

Legal

Registration country: Singapore
Registration year: 2017
Office address: 14 Robinson Road, #08-01A Far East Finance Building, Singapore 048545

Bounty

Bounty: 1%
Translation: 7%
Social media: 76%
Bitcoin talk signature campaign: 17 %

Token info

Ticker: SGP
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.500000 USD
Accepted currencies: ETH
Funds allocation:
29.17% - Marketing costs
29.17% - Operational costs
41.66% - Development costs

SGPay Roadmap

1
2017

Creation of Team
Concept Development
Legal Structure / Framework
Platform Development
Blockchain Development

2
2018

Confirm Advisory Board
Platform Prototype
Token Generation Event
Listing of SGPay Tokens on Exchanges
Launch of e-wallet function
Intensive Adoption Drive
Launch of e-payments function
Community Marketing
Support for more tokens
Strategic Partnerships

3
2019

NFC, CC, QR integrations
API and SDK capabilities
Merchant Partnerships

Project team

Deng Guangyuan
Deng Guangyuan
CEO
Deng Guangyuan linkedin
John Lim
John Lim
Lead Strategic Development
John Lim linkedin
Sufi Yusof
Sufi Yusof
Lead Business Development
Sufi Yusof linkedin
Bryan Ho
Bryan Ho
Lead Marketing Development
Bryan Ho linkedin
Vishal Maheshwari
Vishal Maheshwari
Lead Platform Development
Vishal Maheshwari linkedin
Sumit Rajput
Sumit Rajput
Blockchain Developer
Sanjeevi Acharya
Sanjeevi Acharya
UI/UX Designer

Advisors

Rolf Haudenschild
Rolf Haudenschild
Rolf Haudenschild linkedin
Christel Quek
Christel Quek
Christel Quek linkedin
Ankur Maheshwari
Ankur Maheshwari
Ankur Maheshwari linkedin
Farhan Firdaus
Farhan Firdaus
Farhan Firdaus linkedin
Joelle Pang
Joelle Pang
Joelle Pang linkedin
Jenna Park
Jenna Park
Jenna Park linkedin

Social media

SGPay web-siteSGPay MediumSGPay TelegramSGPay BTCTalkSGPay X (Twitter)SGPay FacebookSGPay Github

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