1SG (1SG) ICO Rating, Reviews and Details

ICO

Jan 1, 2019

Dec 31, 2019

100% completed

Raised funds - no Data

135

past

Token Details

Ticker

1SG

Total supply

2000000000

Accepted Currencies

ETH

Company Details

Registered Company Name

Mars Blockchain Pte Ltd

Registered Country

Singapore

Company Founded

Nov 29, 2018

Additional Details

Platform

ERC20

KYC

Yes

About 1SG

The stable coin held by the user is a digital asset issued by the stable coin issuing company. The centralized issuance company has collateralised its assets in order to issue stable coins. Each stable coin corresponds to the equivalent value of legal assets held in the bank, to ensure that the stable coin held by the user can be exchanged back to fiat currency according a certain exchange rate. 1SG is a stable coin issued based on the Singapore Dollar (SGD).

1SG is a stable coin, issued by the Mars Blockchain Group which overcomes the problems of today's cryptocurrencies, while providing open, transparent, efficient KYC/AML process. With the key features of stable value and high liquidity, Marsblockchain is a startup committed to becoming a leading stable coin in global cryptocurrency market.

Features

1SG circumvents the volatility of other major cryptocurrencies by maintaining a fixed peg to $1 SGD through financial markets, providing financial/trade/personal asset management platform.

Investors can conveniently check the amount of 1SG stable coin circulating through the Ethereum blockchain and compare the audited bank balance statements issued by the reserve certificate system to ensure that there is sufficient statutory asset protection.

1SG complete the transaction basic audit work in accordance with the international standard KYC/AML, combine advantages of the blockchain technology and the traditional financial customer information system. 1SG is a more efficient, accurate and credible system using KYC process and greatly shorten the audit time.

1SG will establish a multi-level, high-traffic mobility ecosystem and the most active trading connection platform by connecting with the global mainstream cryptocurrency exchanges. User can complete various cryptocurrency exchange, fund hedging, asset storage, cross-border transactions, payment settlement through exclusive wallets.

1SG Roadmap

2018 July

- Hong Kong headquarter established.

2018 August

- Taiwan, Shenzhen, Singapore branch established.

2018 November

- 1SGD stabilization coin whitepaper released.

2018 December

- 1SGD stable coin officially issued;
- Mars blockchain integration platform online.

1SG Team

Verified 40%

Attention. There is a risk that unverified members are not actually members of the team

Xin Xiamen

Marketing Manager

verified

William Nguyen

Chief Blockchain Architect

Clemen Chiang

Technical Consultant

verified

Alexey Maslov

Chief Technology Officer

2 ICO

$32 230 000

Reuben Choo

Chief Engineer

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

2 ICO

$32 230 000

Eugene Loza

ICO Consultant

Nicole Yee

ICO Consultant

3 ICO

$62 230 000

Charles Tnach

ICO Consultant

2 ICO

$62 230 000

Minn Thach

ICO Consultant

1SG Interviews

Xin Xiamen

As a team member, сan you tell us about your role in the ICO project?

I‘m the online marketing manager in Mars Blockchain. I'm in charge of online communities and social media.

What do you think about idea?

Cryptocurrency has become the hotspot in economics. Both ordinary investors and institutions have expressed keen interest in it. While the population thinks that cryptocurrency, similar to the Internet, shall bring about great impact on the society, its significant price fluctuations have posed a huge obstacle to becoming a medium of exchange and a unit of account (three key functions of a currency: unit of account, medium of exchange and a store of value). Hence, the birth of the stable coin.However, issues such as lack of transparency in legal assets backing the currency, instability in the stable coins, time-consuming and lengthy KYC as well as insufficiency liquidity, are present in the most commonly used stable coins, be it USDT, DAI or TrueUSD. Therefore, 1SG was created to be solution to the current issues in the existing stable coin market, thereby establishing a firm foundation for truly bringing digital coins into the daily lives of the people and into the commercial world. Through the centralised, fully collateralised legal asset (Singapore Dollar), the token value of 1SG is guaranteed through a 1:1 exchange rate. Through blockchain records that are tamper- proof and bank financial
reports audited by an independent third party, 100% acceptance mechanism can beachieved.

Clemen Chiang

As a team member, сan you tell us about your role in the ICO project?

As the leading top 10 ICObench expert with a fintech background, I am appointed as an Advisor to the Mars Blockchain Group.

I share my experience and vision on future of ICO and crypto market in the weekly show ICObench Top Experts at https://youtu.be/JgPyAIMTS8Y.

What do you think about idea?

I wrote a blog post "Does The Stable Coin Have A Secured Place In Cryptocurrency Right Now?" at https://blog.spiking.com/does-the-stable-coin-have-a-secure-place-in-cryptocurrency-right-now-eb71ca0e7817

1SGD is a stable coin issued by the Mars Blockchain Group which has the following benefits:
1. A clear value via a collateralized system.
2. Strong pairing with liquid assets and major currency based on the Singapore Dollar (SGD).
3. Improved securities and regulations.

1SGD's stable coin is the future for secure, collateralized trading.

1SG

About 1SG

Features

1SG Roadmap

1SG Team

Advisors

1SG Interviews

1SG Last News

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