SGPay SGP ICO: Mobile Cryptocurrency Wallet Payment System?
Are you looking for the best investment that you can make right now? There is a great amount of options to be chosen in this market. Because of this, you have to be prepared to make the right investment at the right time but you can only do this if you know the market well and are completely informed about the recent changes and trends in this market.
Our blog’s main mission is to guide investors when they need it the most. We review a big number of companies so we can give them the best tips and advice about whether to invest in a certain company or not. Today we are going to invest in a new program called SGPay.
What Is SGPay?
SGPay is the name of a new product developed by the Blockchain Capital Pte. Ltd. company. SGPay is, basically, a new type of cryptocurrency wallet that can be used for you in the near future. The platform promises to create what would be known as the 3rd generation of the digital wallets. Digital wallets that could be a lot safer than they are right now and do so much more for its users.
To follow its vision, SGPay intends to create a local wallet platform to rival platforms like AliPay and PayTM, which dominate the market in China and India, as well as take its share of the Occidental market.
Part of the goal of SGPay is to also support transactions not only using its own cryptocurrency but Bitcoin, Ethereum and other popular altcoins too.
How Does SGPay Work?
SGPay will be a cryptocurrency wallet that you can easily pay to pay for services and goods online. It will work in a similar manner to AliPay and PayPal but adopting the use of different cryptocurrencies at the same time. The payments could be done using cryptocurrency, credit and debit cards.
The system will also use APIs so third-party developers can integrate their favorite systems to the product, which would be a good solution to help the product to get more popular. Big traditional firms will also have the option to integrate their systems on the platform using APIs which can lead to more partnerships and improve the product for the users.
The company will use its own utility token in the platform, the EON Network Token, you can easily store it in the wallet and, if you want, it can basically be the only currency that you need to use the platform because you will be able to do anything using only this token if you do not want to use Bitcoin, Ethereum or fiat currency to pay for the services and goods that you buy online.
How To Invest In SGPay?
If you are interested in SGPay and you want to invest in this company, you can do so by acquiring a number of its EON tokens, the cryptocurrency which will be used on the company’s platform. You will be able to acquire these EON tokens during the upcoming Initial Coin Offering (ICO).
The pre-sale is coming up soon and it will last from February 1st to February 14. The main sale will span from March 1st to March 31, lasting the whole month.
At the time of this report the company had not released much information about the prices or the bonuses of the upcoming sales, so we are unable to give official numbers to our readers. Because of this, it would be best if you followed our blog to be well informed and receive updates about this company whenever they release information about their upcoming ICO and the price of its EON tokens.
The SGPay SGP Verdict
Is this a good investment for you? SGPay does seem somewhat interesting, so maybe yes, this can be a good investment for you. If you are interested in the services provided by the company, there is a level of success that you can get if you decide to invest in this platform by buying its tokens during the ICO, when they will certainly cost less than they would if you waited more time.
On the other hand, if you do not want to use the services of SGPay, maybe this will not be such a great business. You will still be able to sell the tokens later but we are not completely sure about the price that these tokens will have in the future, so you might want to think twice before investing.
In the end, the decision is up to you because this can profitable but there is a risk that it will be not as profitable as you might like. If you want to invest in other companies, you can always browse our blog, in which you will find many other options for investment that might suit you better.