LBank Crypto Exchange and DAEX Invest into SVPER Social Video Chat App

LBank and DAEX Make Strategic Investment in Social App SVPER

On 10th September 2018, SVPER announced it has secured two new strategic investors ahead of its pre-sale diversifying its global network of partners. The investors are LBank, a specialized digital exchange and DAEX Blockchain Group (DAEX), a distributed digital asset clearing ecosystem built on blockchain.

SVPER is a social, instant video-only app for forming new real-life relationships in real time. It replaces the usual user profiles, pictures and text messages with instant video invitations and users can see what people near them are planning to do.

They can choose the event they would like to join, and meet them in person straight away. The more people they meet, the more SVPER tokens they get. You basically get real rewards for making real friends.

You may be concerned of the security risks but SVPER is developing a new digital identity standard called “Digital DNA” that will enable users to prove each other’s identities by leaving reviews based on the accuracy of personal information to increase security, trustworthiness and transparency between users.

Catherine Zhou, Director at DAEX Blockchain Group, commented on the partnership saying that the strategic partnership between DAEX and SVPER will help to fill in the gaps when it comes to DAEX’s fundamental identification technologies. The SVPER team will also assist in improving the layout of the DAEX ecosystem as a whole by laying the foundation for greater co-operation in the future.

Saeed Al Darmaki, co-founder of Alphabit Fund and investor and advisor to SVPER, said that SVPER is a unique value proposition that addresses key problems in social networking. He explained that using the benefits of blockchain has great potential to revolutionize the fast-growing market.

Jean-Baptiste Fort, the co-founder and CEO of SVPER, added on to the comments saying that from the time they announced their ICO Pre-sale for their disruptive social video-only platform, they have received extensive interest from investors who are excited about the potential of SVPER. He elaborated that the partnerships and investments will strengthen their position and help them execute their launch of the SVPER app and growth strategy for the business.

They look forward to welcoming more investors and partners in the weeks and months ahead.

The Forthcoming MVP Launch

The company plans to launch its Minimum Viable Product (MVP) in the fourth quarter of this year and this launch will coincide with its initial coin offering (ICO). It will consist of the free model of the app will give users access to its basic functions at no cost and for users who want access to the enhanced user experience, it will be offered to them in exchange for tokens.

As the SVPER community grows there will be further upgrades.

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