A Wallet For Everyone - SGPay
SGPay taps into the US$12 billion e-payments industry in South-East Asia. Manage your virtual currencies like Bitcoin, make e-payments via your credit cards and shop online- all in a single platform.
Main-contribution starts Mar 1, 2018
Pre-Contribution 76% SOLD.
8M SGPay Tokens Available for Main Event 1st to 31st March.
SGPay Work In Progress (WIP)
11 Feb 2018 - Our First Facebook LIVE AMA
Earn. Spend. Play.
Purchase Bitcoin, make e-payments, rent a bike, buy movie tickets and shop online. All in a single app.
Ease Of Use
Buy, sell and manage your cryptocurrencies on-the-go. SGPay provides 24/7 real-time portfolio tracking on mobile.
Make payments using fiat currencies as well as cryptocurrencies at participating merchant outlets.
SGPay supports more cryptocurrencies than other local e-wallets. This allows you to diversify your portfolio and reduce risk.
Integrated Rewards System
Earn reward points while shopping on our partner online mall. No gimmicks, expiry dates and lengthy T&Cs.
Harnessing the Booming Mobile Payments Field in Asia
SGPay will be riding on 2 significant uptrends – the exploding mobile payments market and the emerging cryptocurrency market. By using Singapore as its base, SGPay will expand outwards to the greater Southeast Asia region, reaching tens of millions of new users.
Asia Pacific leading the adoption
of mobile payments since 2012
Mobile payments in Southeast Asia scheduled
to grow beyond US$30 billion by 2021
Source: Euromonitor International
Target Number Of Active Users
Local e-wallet with the most number of supported cryptocurrencies.
Easily transfer fiat balances between you and other users.
Automatically earn reward points when you pay using our platform.
We will be working with leading firms in all verticals to give consumers the best options for services.
Enjoy peace of mind with multiple inbuilt safeguards.
Easily and securely sign-in using fingerprint identification.
QR Code Payments
Make payments simple and easily accessible for everyone.
SGPay will integrate our key merchant partner to form a holistic ecosystem.
SGPay Future Integrations
A built-in innovative rewards platform where reward points are monetized
Bringing debt and token fund-raising together
SGPay Token Attributes & Utility
Our Token has been designed from the ground up to protect and grow with our initial supporters. Many advantageous traits have been built into the token design.
Utility Token (Rewards)
Be rewarded for holding our tokens with lower transactional fees for buying and selling cryptocurrencies on our wallet.
Utility Token (Transactional)
Use SGPay Tokens alongside other major cryptocurrencies like Bitcoin for payments or transfers.
Only a maximum of 10 million tokens will be made available to the public.
Bargain Initial Market Cap
SGPay Token’s initial price will give it a low market cap of less than US$4.8m. This provides a great upside potential for early adopters.
Our tokens are classified as utility tokens as they do not provide rights, dividends or liabilities typically associated with shareholders. This provides legal protection for token holders.
Alignment of Interests
The company stakeholders are largely compensated in terms of tokens. Therefore, there is great incentive to increase the underlying token asset value.
There will be no more new tokens issued after our token generation event is concluded.
No Extra Tokens
All unsold tokens from our Token Generation Event will be burnt.
SGPay Token Generation Event
Based on Live Ethereum Prices; Price will be fixed on day before Main Contribution Period
|Token Name:||SGPay Token [SGP]|
|Total Supply:||Up to 13.8 million|
|Total Public Supply:||Up to 10 million|
|Pre-Contribution Period:||1st Feb to 14th Feb 2018|
|Pre-Contribution Supply:||2 million tokens @ US$0.40 each|
|Main Contribution Period:||1st Mar to 31st Mar 2018|
|Main Contribution Supply:||8 million tokens @ US$0.50 each|
|Soft Cap:||US$0.8 million or 735 Ether|
|Implied Market Cap:||Up to US$4.8 million|
|Minimum Contribution:||1 ETH|
|Maximum Contribution:||100 ETH|
|Accepted Currencies:||Ether (ETH)|
*For institutional/large orders, please email email@example.com*
To date, a six figure sum has been spent on developmental & operational costs. Proceeds from the token event will be used to expand our operational capabilities over the next 5 years.
Based on Full Allocation
Based on Full Allocation
US$2,000,000 (S$2,675,000) to upgrade and enhance SGPay security & feature set.
US$1,400,000 (S$1,872,500) for marketing and promoting SGPay to the general public.
US$1,400,000 (S$1,872,500) for licenses, salaries, rental and other miscellaneous costs.
Thinking Long Term
We aim to generate capital through our revenue streams. This includes cryptocurrency transaction fees, partnerships and licensing revenue.
Supporting Local Chains
SGPay aims to be the first wallet in the region to support local blockchain technologies on top of global cryptocurrencies.
SGPay tokens will come very close to becoming a national cryptocurrency. We aim to be easily relatable to locals around the region.
Team & Advisors
Our team & advisors have extensive experiences and track records in business, blockchain tech, marketing and payment solutions operations. Not all team members are featured on this page. If you would like to join us and help bring our vision to life, reach us at firstname.lastname@example.org
Click/Hover over team faces to view profiles.
A blockchain programmer with over 3 years of experience in Solidity coding.
Sanjeevi has deep experience in helping platforms design a more seamless interface and creating an excellent user experience.
Keen to work with us? We work with big corporations, Small Medium Enterprises as well as technology partners for synergistic partnerships.
Frequently Asked Questions
What is SGPay?
SGPay is a 3rd generation payments system built for the mobile platform. It aims to combine blockchain technology, a plethora of service providers and next generation e-payment systems – all in a single platform.
When will the Token Generation Event (TGE) start and how long will it last?
Our pre-contribution period for the TGE will start on the 1st of Feb and end on the 14th of Feb. Our main contribution period will be from the 1st of March to the 31st of March. If all tokens are sold out, the event will be concluded before the deadline. At any time after our soft cap of US$800,000 is reached, the team can choose to conclude the token event and not proceed with the main token event.
What will be the price of SGP tokens?
Pre-Contribution Period: US$0.40 [20% discount]
Main Contribution Period: US$0.50
How to participate in the SGP Token Event?
Enter your email address in the first page to start the process of getting whitelisted. Each participant will have their personal account with a step-by-step instruction on how to buy SGP tokens.
Can I send ETH from an exchange to the token wallet?
No, you cannot. Sending ETH from an exchange to the token wallet will result in your ETH being lost. You must send ETH from any Ethereum wallet: MyEtherWallet (no download needed), MetaMask (no download needed), Parity (Desktop), Mist (Desktop) among others.
What if not all SGP tokens are sold at the Token Event?
If the soft cap is not reached by the end of the main token event, all contributions will be refunded. If the soft cap is reached but the hard cap is not reached, all unsold tokens will be destroyed.
What is your public Ethereum wallet contribution address?
We will only post our public Ethereum address once the contribution period has started. Beware of scams and or people claiming to be from SGPay. Only reply to emails from email@example.com
What is SGP?
SGP refers to the SGPay Token which is a utility token based on Ethereum blockchain technology. Such Ethereum-based tokens can be used as a unit of account between merchants, affiliates and networks in a blockchain-based network. SGP is neither a security nor a commodity.
What is the total amount of SGP tokens issued?
The total tokens issued will not be more than 13,800,000. Total tokens allocated for the public are only at 10,000,000. No new tokens will ever be issued after the token event is concluded. The supply for our tokens is kept small to prevent devaluation.
Which payment methods will be accepted in the Token Event?
You can purchase SGP tokens with ETH. To participate in the Token Event, you will need to be whitelisted and follow the instructions thereafter.
What are the minimum and maximum buying transactions?
The Token Event will accept minimum contributions of 1 ETH and maximum contributions of 100 ETH.
For institutional/larger orders than 100 ETH, please email us at firstname.lastname@example.org
Where can contributors see their token event balance?
Tokens which are obtained by contributors can be viewed in the balance located on the user page or in your wallet. Our tokens will be distributed automatically to your chosen ERC compliant wallet after you have sent your Ether. You can view your SGP token balance by adding a token with the parameters as indicated below:
SGP Smart Contract Address: 0x33c623a2baafeb8d15df
Number of Digits: 18
Are SGP tokens securities?
Based on the steps we have taken and the nature of our token which was built in accordance with our compliance advisers, SGP tokens will not be considered securities. They do not give dividends, represent a share of the issuer company, nor give any voting rights. We are continuously monitoring the evolving regulations in Singapore in the event of any changes.
Why is there a cap on maximum purchases for your tokens?
As the number of tokens we are putting up for purchase are limited compared to other projects, we aim to maximise the number of participants who can take part in our token event. Nonetheless, if you desire to place a larger order than the indicated maximum value caps for our project, do drop us an email at email@example.com
When would your tokens be listed on exchanges?
The team is targeting a listing on exchanges within a month after the end of the main token event.