SuchApp ICO and Token Sale Review
Suchapp is a social media and 5G messaging communications. It also possesses a trading ecosystem which hopes to capture some of the hearts and mind of the 3 billion strong social media network user who may fancy changing to a wider-spectrum view with this dynamic platform.
About the Project
Entering an industry which is forecasted to grow in value from $80 billion to $120 billion in the next few years, Suchapp has designs on becoming one of the leading players within the social media and communications marketplace. This will be done all the while based on the Ethereum network.
It is certainly an ambitious adventure but having already received private backing in the millions of dollars, Suchcoin is hoping to change the whole dynamic of the industry by implementing a few of its own innovations:
- The ability to message within a wide-ranging 5G ecosystem which will be unlike the current restrictive small-group messaging in the current market.
- The ability to utilize the native coin of the platform in the trading of items.
- Integration of digital currency and the blockchain in social networking.
Alpha testing is already well underway for this ambitious team. They hope to incorporate many powerful features such as 4K videos and location based messaging.
This project is unique in the sense that it reports to be at an advanced technical stage in its development when compared with other similar ICOs which are in the conceptual phase.
The ICO for this project will begin on May 15th. The project has a hardcap of $40,000,000USD. They hope that the Beta version will be ready for release in July of this year and that the official platform will be launched in October.
The company projects that by early 2019, they will have reached 3 million active users on the platform.
The ICO will be accepting various cryptocurrencies by way of investment. These include, BTC, LTC, BCH and ETH.
The ICO is based on the Isle of Man and residents of China will be unable to participate in this investment.
The token is a standard ERC20 token based on the Ethereum network and will be known as SPS. The stated price of 1 SPS token is $0.05 at a non-discounted ICO rate.
There will be a total supply of 2,500,000,000 SPS tokens released to the market. 50% of these tokens will be available at the ICO stage.
- Start Date2018-04-20
- End Date2018-05-20
- Payment MethodBTCBTHETHLTCBTH
- Total Supply1250000000