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Posted by jancox cripto on Minggu, 03 Juni 2018

SIGLO: FIRST APPLICATIONS HAVE 1.2 MILLIONS OF USERS ON PIG.GI

The image results for the SIGLO platform logo
Along with the globalization of technology that reaches the four corners of the world, smartphone usage ratio has increased dramatically. However, due to the high data and connectivity costs associated with this growth, most smartphone users in the world have much lower Internet access. In Mexico and Brazil, for example, consumers in Latin America can only access this money with the money they receive in exchange for 8-40 hours of work for 500 MB of data on their phones. Global estimates that 73% of mobile phones have been paid upfront. I will talk about Siglo's approach which makes it extremely costly and difficult to achieve right now, and on the way to work, income, unrelated households.
What is Siglo?
Siglo is the future of mobile transactions and connections in the high growth growth market paid by brand sponsors to improve access to the network. Siglo is a financial and digital block-chain protocol. Siglo smartphone users using this app are based on protocols, paths to work, anytime or schedule that allows them to enter the house to interact because they have never been connected to the internet, they can win. The first Siglo app has 1.2 million users in Pig.gi, Mexico, and Colombia. While emerging markets continue to grow and see economic growth, multinational and local brands are showing great interest in reaching these communities. As the economy continues to grow and enter the internet, Pig.gi offers solutions for new consumers,
In addition, Siglo offers comprehensive solutions for pay-as-you-go users in advance by removing barriers that hinder the participation of the digital economy, such as high costs.
Siglo Protocol
In emerging markets, increased access to cellular connectivity is undeniably creating new economic opportunities. We look forward to empower smartphone users in this market by removing barriers that previously prevented them from participating in the digital economy.
Siglo will also offer brand-scalable solutions to connect with customers in some of the fastest growing markets in the world. The transactional reduction on the ecosystem benefits of textbooks has not changed and can be audited on the Ethereum block, including brand transactions, user transactions, and user-to-user transactions. With tokenizing access to mobile airtime, Siglo will be able to facilitate increased access of unfortunate users to the network through the creation of decentralized mobile network creation.
Background
We built Siglo for the success of our Android Pig.gi app, which has been used by over a million smartphone owners in Mexico and Colombia to access the internet, adding blockchain layers above the previously established set of off-chain data rate called Pig. gi coin. More than 65% of these users are not labeled. Launched in 2016, Pig.gi has generated over one billion impressions for its brand partners, the brand has received over 1 million consumer opinions, and we have distributed 45 million Pig.gi coins to users. We've collected a lot of new data that maps the customer's journey from the initial discovery to the final transaction.
Solve the problem
In the Mexican market, 61% of adults do not have bank accounts and by 2016. In Latin America, 85% of smartphone connections are paid in advance. For this user, 500 MB of income takes between 8 to 40 hours of work, based on average wages and top-up costs in Mexico and Brazil. Getting top-ups for cellular connectivity requires a trip to a supermarket, gas station or small roadside shop. By using the Pig.gi app, these users can get broadcast time during their trip, at home, or whenever their schedule allows them to interact with the app - giving them the ability to connect more than ever.
ROADMAP
SIGLO TOKEN
To provide top-ups in scale, the Siglo token will be launched as the first token that enables providers and brands to reward consumers directly with mobile connectivity in exchange for engagement. We hope that the Siglo token generation will measure platform expansion that will provide benchmark access to airtime as well as expand ecosystems in new and upcoming markets. As the user grows, our data set becomes stronger and demand for data increases.
Siglo's value proposition is unique as it is launched into a market where significant loyalty and participation has been achieved through an existing Pig.gi user base of 1.2 million users in Mexico and Colombia.
The token economic challenge is to balance the volatility of a free-floating token with the needs of a currency facing stable users in a market where advertising costs and mobile credit costs vary. The problem will be discussed in two levels:
Siglo tokens that allow exchange rates in Siglo applications, for example between Pig.gi apps and other Siglo apps
off-chain coin data connectivity that matches the price of local market products, such as Pig.gi coins granted to users when they interact with content and brands.
Currently, the Siglo protocol will be used in Pig.gi apps with Pig.gi coins, in the future this may be gift coins or points distributed in different markets at a rate that is a function of mobile airtime charges, advertising costs, and value local fiat currency.
The value of these outside chains varies between markets and applications, but remains at the cost of local products. To purchase products and top-ups from local carriers, users can exchange their data coins. In stage 2, users can also purchase Siglo tokens with their coins in exchange for third party exchange for other tokens or between different Siglo applications in the future - we aim to build exchange exchanges between protocol and peer to peer transfers. .
MEDIA
ICO AND TEAM
for more info, visit the link below:
website : https://siglo.com/
telegram : https://t.me/Siglo
author  : bantalwarulor

Thanks for reading & sharing jancox cripto

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