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SuchApp Brings A Proven Facebook Business Model to the Blockchain

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Praised as being one of the most innovative technological developments of this decade, blockchain technology still struggles to become widely accepted by mainstream society. Even though we have an endless supply of blockchain projects exploring ways to integrate its services into sectors like business, data management, and finance, few are met with overwhelming support.

One of the main reasons why we have a yet to reach large-scale blockchain adoption is because many of the projects are operating on poorly designed business models. The average project either offers no practical value in contemporary society or it cannot be practically integrated or adopted using current tech platforms.

Many of these blockchain projects simply don’t make an effort to appeal to the general public. White papers are filled with technical jargon that’s difficult for the average person to understand and marketing campaigns are only targeting specific niches of the tech market.

Blockchain Technology Needs More Inclusivity

As of now, no blockchain project has successfully penetrated the mainstream market. The reason for this isn’t because of blockchain functionality, but because there has yet to be a platform that focuses on improving day-to-day operations like hailing a taxi, buying a cup of coffee, or connecting people through online dating apps.

SuchApp aims to be the first blockchain project that promises value outside of the tech and cryptocurrency sectors. By using the same strategy which helped the social media giant, Facebook, reach 500 million users after only six years, SuchApp is able to deliver a fully-functional blockchain app that appeals to everyone in the following ways:

    • Giving government agencies an open channel of communication with citizens.
    • Giving businesses a platform to connect with customers, implement powerful marketing campaigns, and process crypto and fiat transactions.
    • Allowing friends and family to connect via VoIP, text, and video conferencing over a 5G network.

Similarly to Facebook, SuchApp is an all-inclusive platform that appeals to casual users and businesses alike. But SuchApp is more than just a social media outlet or messaging service. It’s an online ecosystem where friends, family, businesses, and customers converge.

Unlike Facebook, SuchApp creates an online marketplace where customers can spend cryptocurrency on goods and services, as well as transfer money to friends and family members from anywhere in the world. This makes SuchApp the first practical app to use blockchain technology in a practical sense that everyone can benefit from using.

How SuchApp Captures the Digital Market

More people are moving from traditional messaging services like emails and SMS and spending more time on messenger apps. One 2016 study broke down the amount of time average users spent a day on various messenger services. Here’s what we know:

    • The average Kakao user spends 48 minutes using Kakao.
    • Kik users spend 32 minutes.
    • WeChat users spend 29 minutes.
    • WhatsApp users spend 28 minutes.

While all of these platforms are great for sending and receiving messages, none of them were designed to meet the needs of businesses. SuchApp corners both of these markets by creating a platform for where business and personal communication intersect.

    • Users are rewarded SPS tokens, SuchApp’s ERC20 cryptocurrency, for onboarding members.
    • Large-scale investors can participate in the exclusive license program and benefit from 100% of in-country revenue generated by advertisements and premium group name purchases.
    • Rural entrepreneurs in developing countries can implement an on-platform, borderless marketplace.

Even services like insurance policies can be purchased and managed directly through the SuchApp platform, making it easier for customers and insurance providers to interact.

Visit our website to learn more about SuchApp and our upcoming ICO.

Participants are encouraged to take advantage of our Exclusive License Program while there’s still time. Request admission today, as we only offer one license per country.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Christopher via Flickr

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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