Siglo
Siglo (SGL)
More on ICO
Token Sale Unspecified - Unspecified
ICOMarks Rating 6.5 / 10
Whitelist/KYC Not needed
Token price Unspecified
Platform Ethereum

Siglo facilitates digital and financial inclusion in emerging markets by creating an ecosystem of users and decentralized applications that use its protocol to accrue value and exchange it for increased mobile access and other goods and services. Internet platforms monetize consumer engagement and data for more than $100 billion a year. In Siglo, users accumulate this value by choosing to share their attention and anonymized interactions and then exchange it for mobile connectivity in the form of airtime top-ups with mobile operators. Globally, 72% of cellphones use prepaid airtime to stay connected. Siglo has already brought on existing applications and an extensive user base.

Q1 2018

From day 1 when the Siglo Tokens are generated, and going forward, Siglos

will be convertible into app coins (Pig.gi Coins from Day 1, any equivalent

in the future). This will be available on www.siglo.com.;

Escrow wallets for brands will be managed by app, through the Siglo Protocol;

Risk assumed by the app for holding the Siglo will be managed through

hedging, like an option strategy on an exchange. (No risk is assumed by the

brand, because when the brand is onboarded, their Siglos are translated

directly to app coins backed by inventory of products.).

Q1 - Q2 2018

PHASE 1

Groundwork to launch into new markets in Latin America;

Grow Siglo teams across development, operations, and marketing;

Product development to be ready for more aggressive scaling in Phase 2.

Q3 - Q4 2018

PHASE 2

Build in-house wallets for protocol app users to exchange their app coins

for other app coins with the Siglo ecosystem and to allow transfer between

users. (Possibly allow for transfer in/out to external exchange.);

Provide self-service brand access panel for wallet and real-time analytics;

Develop P2B (peer-to-small business) network, so informal small

businesses that are currently operating offline and unbanked can participate

in the digital economy and accept payments from Siglo app users;

Develop P2A (peer-to-app) smart contract that allows users to establish

a unique identity that declares their ownership of personal data. Network

users will be able to receive Siglo Tokens and reward points from brands

who purchase access to consumer data, and users will control with which

brands they share their data.

Q1 2019

PHASE 3

Release open source Siglo protocol for white labeled versions of Pig.gi

and/or other apps with similar digital and financial inclusion goals.