1SG

1SG 1SG

$4.59
Market Cap $ 10.223 MM (#486)
24h Volume $ 0.000
Chg. 24h: 0.00%
Show Quick Stats

1SG project purpose and description

1SG clarity of purpose

1SG purpose and aspects

1SG is a stable coin, issued by the Mars Blockchain Group which overcomes the problems of today's cryptocurrencies. 1SG seeks to facilitate transactions by pegging one 1SG token to one Singapore dollar.

Short description

1SG stablecoin is issued by Mars Blockchain to overcome the problem of today's volatile cryptocurrency. 1SG enters the market with the advantages of open, transparent, efficient and convenient KYC / AML audit process, stable value, and high liquidity.

Abstract

One of the most well-known characteristics of cryptocurrencies is its price instability. Bitcoin or Ethereum may rise or fall 10-20% in just one day and although it may benefit some traders and investors, the instability will implicate the actuality of cryptocurrencies. Moreover, the value of most cryptocurrencies is constantly changing dramatically, and such instability makes them unsuitable for a wide range of daily payments and transactions. Stablecoins play an important role in the traditional financial market and the financial DApp that is growing in the world of cryptocurrency.

Link to Roadmap: n/a
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We'll open source these formulas soon. Past performance is not necessarily indicative of future results. Read the full disclaimer here.
Dark Theme   Light Theme