SGPay
SGPay
Token: SGP


A Wallet For Everyone

ICO dates
Start date: 2018-03-01
End date: 2018-03-31

Registrated in: Singapore

Platform: Ethereum
Type: ERC20

PREMIUM ICO

http://www.sgpay.org Screenshot
SGPay categories
Internet Cryptocurrency Business services Big Data Banking Artificial Intelligence
SGPay token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA, China, South Korea
Soft cap 800000 USD
Hard cap 4800000 USD
Tokens for sale 8,000,000
Price 1 SGP = 0.50 USD
Price in PreICO 1 SGP = 0.40 USD
Minimal investment 1 ETH
Acceppting ETH, SGD, USD
SGPay news, social
SGPay search trends in Google
Random whitepaper excerpts

DISCLAIMER
The purpose of this white paper is to present the SGPay tokens to potential token
holders in connection with the proposed token launch. The information set forth below
may not be exhaustive and does not imply any elements of a contractual relationship.
Its sole purpose is to provide relevant and reasonable information to potential token
holders. Nothing in this white paper shall be deemed to constitute a prospectus of any
sort or a solicitation for investment, nor does it in any way pertain to an offering or a
solicitation of an offer to buy any securities in any jurisdiction. This document is not
composed in accordance with, and is not subject to, laws or regulations of any
jurisdiction which are designed to protect investors. Certain statements, estimates, and
financial information contained in this white paper constitute forward-looking
statements or information. Such forward-looking statements or information involve
known and unknown risks and uncertainties which may cause actual ...

TABLE OF CONTENTS
EXECUTIVE SUMMARY
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4
THE BIG PICTURE
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5
PUSH TOWARDS E-PAYMENTS IN SINGAPORE
READY MARKET - A PERFECT LAUNCHPAD
CRYPTOCURRENCIES IN SINGAPORE
A CONFLUENCE OF FACTORS
CURRENT COMPETITORS
OUR GOAL
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10
SGPAY - CREATING A 3RD GENERATION WALLET
RELATIVE PROJECT VALUATIONS
SGPAY 3RD GENERATION WALLET
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12
VALUE PROPOSITION
SGPAY TOKENS
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15
TOKEN OVERVIEW
LAUNC...

EXECUTIVE SUMMARY
Our
SGPay Token
is built on the Ethereum blockchain in accordance with the ERC-20
standard. The SGPay Token (or SGP in short) is built as a utility token to be used on our
primary platform SGPay. It will be adopted by our technology partners and affiliated
merchants.
We chose to build SGP on the Ethereum blockchain because it brings advantages such
as decentralization, security, transparency and lower transaction costs. It is also the
preferred blockchain network of many large corporations such as Microsoft and UBS
who are part of the Enterprise Ethereum Alliance.
Our primary platform
SGPay
is a 3rd generation e-wallet and e-payment mobile
application that allows users to buy and sell cryptocurrencies, or make purchases using
both cryptocurrencies and fiat currencies. Our objective is to make SGPay the leading
e-wallet and e-payments mobile application for everyone living in Singapore and the
region. Customers will be able to pay for their g...

THE BIG PICTURE
PUSH TOWARDS E-PAYMENTS IN SINGAPORE
Singapore has the “right ingredients” to be a Smart Nation, but it lags behind other
cities in certain areas such as electronic payments, said Prime Minister Lee Hsien
Loong.
The above statement highlights the country’s unified push towards e-payments which
opens up more opportunities for new payment platforms to flourish.
Payment systems which integrate new technologies and trends such as
cryptocurrencies have a much larger chance of offering a unique proposition versus the
current market incumbents.
QR Code Payments are also being shown the limelight. A newly formed payments
council, set up to look into ways to advance e-payments in Singapore, has created a
task force specifically to develop a common QR code for Singapore (SGQR) that could
be used for e-payments Island wide The task force aims to introduce a standardised QR
Code that can be used by any payments application such that confusion can be avoided
among ...

The Monetary Authority of Singapore (MAS) has advocated fiercely for a true ‘cashless
society’ though the above measures
READY MARKET – A PERFECT LAUNCHPAD
ELECTRONIC PAYMENT
42%
MOBILE PAYMENT
13%
3%
2%
9%
3%
ID
MY PH SG TH VN
Source: World Bank, 2011
22%
17%
10%
3%
3%
1%
ID
MY PH SG TH VN
The chart above highlights the trend of mobile payments in Singapore – which already
holds a substantial lead over other regional markets. Though small in size, Singapore’s
population has shown a much higher readiness to embrace new trends in both mobile
and electronic payments compared to neighbouring countries such as Malaysia,
Philippines, Thailand and Vietnam. This is due to the mature technology field here as
well as the fact that every Singaporean owns 3.3 handheld devices including mobile
phones
The market has a ready audience but has not found a true integrated payments

These platforms have become giants in their own right which offers much more than
just basic payments functionality. AliPay for example, offers insurance, payment of
utilities bills, purchase of movie tickets, and its own shopping mall all in the same
application. It is through this viewpoint that can be said that the current payments
infrastructure and ambition of current local players are severely lacking.
CRYPTOCURRENCIES IN SINGAPORE
Singapore has rapidly emerged as a preferred hub for cryptocurrencies. Its
fintech-friendly status, government grants and accommodative stand towards Initial
Coin Offerings (ICO) has made it a favourite for fintech firms coming into Singapore.
MAS is also taking an accommodative approach under which current compliance and
securities laws apply while considering specialised regulations for future
implementation.
The cryptocurrency community in Singapore is also quite active and this leads to an
emerging market for providers of services related to blockc...

CURRENT COMPETITORS
NETS Electronic Transaction Value (In Billions SGD)
2016
2015
2014
20
21
22
23
24
NETSPay – The incumbent leader in the payments field is slowly embracing the culture
of cashless integrated payments. Their strength is in their wide point of sales (POS)
legacy system that currently number over 37,000 merchant outlets. Their application
also allows users to get special offers from merchants. See above for a chart on how big
mobile payments are in Singapore.
DBS PayLah – A bank payments application by the Development Bank of Singapore
(DBS) that allows users to perform fund transfers via mobile phone number. They
application also allows users to perform and request funds transfers, pay bills and
donate money. However, similar to NETSPay it lacks a wider integration of services that
will make it much more useful to consumers.
CoinHako – The most popular local cryptocurrency wallet that allows users to transfer
...

Moreover, merchant integration can be fostered more easily once we have a large user
base. The current focus of payment solution providers of providing Point-Of-Sale (POS)
systems to merchants is creating a very saturated market that provides consumers a
confusing array of competing solutions at the payment point.
We believe that the future of merchant integration lies in the same application that
consumers will be using their wallet platform on. Such integration would also mean QR
Codes will have an important role to play.
Blockchain Capital Pte. Ltd. and its partners will pursue a primarily mobile strategy in
order to develop assets that can cater well to the needs of the market.
SGTOKEN | WHITEPAPER
9
...

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
Joelle Pang
Advisors Joelle Pang

Jenna Park
Advisors Jenna Park

Deng Guangyuan
Team Deng Guangyuan CEO

John Lim
Team John Lim Lead Strategic Development

Sufi Yusof
Team Sufi Yusof Lead Business Development

Bryan Ho
Team Bryan Ho Lead Marketing Development

Vishal Maheshwari
Team Vishal Maheshwari Lead Platform Development

Sumit Rajput
Team Sumit Rajput Blockchain Developer

Sanjeevi Acharya
Team Sanjeevi Acharya UI/UX Designer

Vishal Maheshwari
Vishal Maheshwari
Lead Platform Development
Ankur Maheshwari
Ankur Maheshwari
Blockchain Development Teamlead
Christel Quek
Christel Quek
PIN8CLE Ventures
Co-Founder, Chief Commercial Officer