LBank and DAEX Blockchain Group invest in SVPER
SVPER Ltd. (Barcelona, Spain — 10 September 2018):
SVPER, the social, instant video-only app for forming new real-life relationships in real time, is pleased to announce that it has further diversified its global network of partners in the blockchain industry and gained two new strategic investors ahead of its pre-sale.
The two new investors are LBank, a Superior and Specialized Digital Exchange, and DAEX Blockchain Group (“DAEX”), a distributed digital asset clearing ecosystem built using a blockchain-based multi-asset clearing and settlement protocol.
SVPER remains in advanced negotiations with many other private sale investors and has received pledges/term sheets for the Company’s token sale.
The new investments are a further endorsement of the appeal and potential of SVPER, an app that revolutionizes the way people meet online. SVPER improves the security, trustworthiness and transparency within the app and guarantees the “proof of existence” of its users by leveraging the advantages of the ERC-721 (a non-fungible token standard in Ethereum blockchain).
SVPER is developing its new digital identity standard that we call “Digital DNA”. The SVPER community will validate each other’s identities by leaving reviews based on the accuracy of personal information to increase security, trustworthiness and transparency between users.
SVPER is on track to launch its Minimum Viable Product (“MVP”) in the fourth quarter of 2018 to coincide with the ICO. The MVP will consist of the freemium model of the app with users receiving basic functions at no cost and offered access to the enhanced user experience in exchange for tokens.
The app will subsequently be upgraded to introduce further features as the SVPER community grows.
Catherine Zhou, Director at DAEX Blockchain Group, said:
“The strategic partnership between DAEX and SVPER will help to fill in the gaps when it comes to DAEX’s underlying identification technologies. In this way, the SVPER team will also assist in improving the layout of the DAEX ecosystem as a whole, laying the foundation for greater co-operation in the future.”
Saeed Al Darmaki, co-founder of Alphabit Fund and investor and advisor to SVPER, said:
“SVPER is a unique value proposition that addresses significant problems in social networking and using the benefits of blockchain has huge potential to disrupt the fast-growing market.”
Jean-Baptiste Fort, co-founder and CEO, said:
“We are delighted to welcome two new investors who have extensive industry knowledge and expertise. From the time we announced our ICO Pre-sale for our disruptive social video-only platform, we have received extensive interest from investors who are excited about the potential of SVPER.
The partnerships and investments will strengthen our position and help us execute our launch of the SVPER app and growth strategy for the business. We thank all our current investors and partners for their support and look forward to welcoming more in the coming weeks and months ahead.”
Notes to Editors
About SVPER Ltd.
The SVPER video-only mobile app aims to disrupt the dating and social networking apps industry by encouraging users to meet new people safely in real life. SVPER uses video profiles and blockchain technology to convert online connections into real-life relationships, thereby overcoming the issue of social isolation in a digital age. It offers an instant platform which rewards users for meeting up and enjoying each other’s company.
SVPER’s innovative concept replaces user profiles, pictures and text messages with instant video invitations. Instead of a static photograph and a wordy description, SVPER uses instant video invitations posted by the user and invites others to RSVP.
Users can see what people near them are doing (or planning to do), choose the activity they would like to join, and meet them in person straight away. When they meet up they earn rewards in the form of SVPER Token.
By integrating blockchain technology, SVPER leverages the advantages of the ERC-721 standard in the Ethereum blockchain to increase the security, trustworthiness and transparency within the app. Through a scoring system, users are assigned a “digital DNA” which is recorded on smart contracts to validate users’ identity, thereby eliminating fake profiles and bots.
The blockchain also supports SVP Tokens which can be earnt or bought by users and, in turn, used to make purchases through the app.
For more information about the Token Sale, please visit the following links:
Telegram / LinkedIn / Twitter / Facebook / YouTube / Instagram / Bitcoin Talk
How to participate in the Token Sale
To participate in the token sale, prospective purchasers should visit https://svper.com for full details of the SVPER project. SVPER has partnered with Chaineum, who is providing its IT platform PELIKAN to support the token sale.
Once they have decided to take part, accredited investors will be redirected to PELIKAN where they will be required to register.
Once successfully registered and KYC/AML checked, buyers will be able to purchase SVP tokens using Ether (ETH), Bitcoin (BTC), Litecoin (LTC), DASH, DOGE, Fiat and wallet compliance.
Users must list an ERC-20 compatible wallet in order to receive their SVP tokens which will be distributed after the end of the ICO. Users may also be required to provide additional information and documentation to verify their identity as part of SVPER’s KYC/AML process, as described on svper.com.
