The SMSCHAIN project is designed to create a reliable interconnected frame between telecom companies, which will deliver a2p (application-to-person) SMS rewards.
Who Needs To Send A2P SMS?
Different telecom companies (SMS aggregators) that provide SMS gateway services aggregate billions of a2p (application-to-person) SMS messages on a monthly basis. These businesses are thinking about delivering them at the lowest possible cost to subscribers. SMS aggregators pay on average 0.01$ to deliver an SMS, promising they are willing to cover it to anybody who will provide them with reliable SMS delivery.
SMSCHAIN creates a network of users that can swap their unused SMS messages for financial incentives. SMSCHAIN supplied an android program and specialized blockchain infrastructure that enables the delivery and semi-automatic trade of SMS communications between components and SMS aggregators.
Financial Rewards For App Users
Anyone who buys a SMSCHAIN token and installs the app can make money automatically by selling their fresh SMS messages. Program users can set up the total number of messages sent by SMSCHAIN daily, in addition to the type of content to send (example: transactional messages from Google, Facebook, WhatsApp, etc.).
Who Can Benefit From SMSCHAIN?
SMS aggregators and SMS gateway service providers will gain access to a global unit network, enabling A2P SMS traffic delivery at a minimal price. Brief message token (SMS to) will be the only internal currency for mutual settlements one of the members of their community. SMS aggregators can use SMS to purchase or purchase text messages from components, as well as to cover fees to nodes to your trades.
It's claimed that you can start selling your unused SMS messages for a financial reward and possibly earn around $6,000/ month from your mobile device automatically after establishing your account! If you don't have substantial unused SMS or wouldn't like to sell a lot of messages, you may still easily make a few hundred a month using the app.
If you want to contribute to the infrastructure of SMS chain and eventually become a node, you can earn 20 percent from all SMS trades sent to you. You need at least 15,000 SMS to become a node.
SMS Market Size
These statistics show the global A2P SMS market earnings from 2014 to 2017. In 2017, the A2P SMS market total revenue amounted to 62.1 billion U.S. dollars.
If you believed that was a whole lot, the SMS A2P market is expected to grow 70 billion USD from 2020. The market is mostly driven by strong growth in cellular subscribers around the world, particularly in emerging markets.
North America and Europe are the most important regional markets for the global A2P SMS ecosystem. In the coming years, Latin America, the Middle East, and Africa are also expected to see significant growth within their A2P SMS markets. Massive numbers of senders and receivers depend on the A2P SMS marketplace for banking and advertising activities, especially to create mobile payments.
Token Generating Event Details
Current SMSTO cost: 1000 SMSTO = 3.33 ETH
The other 60,000,000 SMSTO will be marketed throughout the key token generating event this November.
25 percent of all tokens will be kept by the SMSCHAIN team for growth and development purposes. They'll also be utilized to ensure the necessary liquidity of the network during the initial stages. Another 5% will be used for marketing and bounty campaigns.
SMSTO are ERC20 compliant, making sure you receive tokens automatically in your ethereum wallet after your purchase. If you purchase SMSTO during pre-ICO, you are going to obtain the tokens as soon as ICO begins. In the conclusion of TGE, all unsold SMSTO is going to be burnt. If the minimum amount isn't achieved, all contributors will be refunded.