Siglo: Connecting the world at low cost

in #ico8 years ago

Introduction

We all have been using smartphones since ages now while they have become a necessary part of our daily life now. World is becoming digitalized and mobile phones are within everyone's reach but still due to some factors, some people are still not able to enjoy the services provided by the mobile phones.

Connectivity is a big issue though as either they have poor connectivity or they have to walk miles to get a better connection and cost of mobile data packets is itself a big worry for the majority of people who want to be connected to the world and their loved ones. Though people think that post paid connection might be a good solution to this but think twice as post paid itself is a life long commitment which is very expensive. What is the solution then?

Siglo is a blockchain-based protocol that works on Ethereum to facilitate free access to smartphone connectivity for prepaid customers within the merging mobile markets. Their platform will offer the first of its kind connection to airtime sponsors who want to reward the subscribers through a decentralized mobile network. It is the future of mobile transactions and connectivity where increased access to networks is paid by brand sponsors.

Problems faced by Users

  • Poor connectivity
  • Expensive data packages
  • Not efficient
  • No transparency
  • Less convenient

Solutions by Siglo

  • Blockchain-based system
  • Efficient because it does not rely on inconsistent data plans and airtime reloads.
  • Convenient as it provides airtime connectivity at much cheaper cost.
  • Liquidity as Siglo tokens provides an exchange value through their Pig.gi app.
  • Interactive as it brings both the network and the users to one platform where they can interact and discuss to make the connectivity better.

How does it work?

The platform is built upon a blockchain based system which works on siglo tokens.

The platform will manage all its activities through their application known as Pig.gi which is one of its kind application and a platform for both brands and users to interact too.

So, it is that simple, consider yourself as a user who wants the best of connectivity at low cost. You request the same through the platform to the brands and they provide you with airtime connectivity in exchange for Siglo tokens which can be acquired from the pre-token sale.

Siglo token is the first token which allows the providers to reward consumers directly through mobile connectivity in exchange for the service.

  1. The Siglo token allows value to be exchanged within Siglo apps including Pig.gi

  2. The data connectivity off-chain coins that are fixed to local market product pricing.

In exchange for the more usage or access to the network, you will be provided with Siglo tokens in return which can be used in the app again.

That's how at a minimal cost you can get the better connectivity in a faster and efficient manner.

ICO Details

The Siglo tokens are mainly allocated to

  • Token sale – 36%
  • Reserves – 19%
  • Siglo team/ advisors – 15%
  • Future release – 30%

Conclusion

As the world is becoming digitalized, connectivity is becoming a must while the vision of Siglo is to connect people all over the world at a relatively cheaper rate so that the gifts of connectivity can be accessed by everyone.

The team is dedicated to making good connectivity reach to everyone at every place through the blockchain platform and also allows brands to interact with users in order to have a discussion over what can be improved in the digital world. It is one of a kind platform which provides both interaction and liquidity at the same time.

So, Siglo can be called as the flag bearer of mobile connectivity and digitalization and a step towards a smarter world.

Website - https://siglo.com/

Whitepaper - https://siglo.com/SigloOnePager.pdf

ANN - https://bitcointalk.org/index.php?topic=2903167.0

Telegram - https://t.me/Siglo

Published by - smithjones

Profile - https://bitcointalk.org/index.php?action=profile;u=1936039

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