When mobile texting was invented, everybody embraced the technology as it offered instant ways to communicate with other people through text. But I used to recall friends trying to limit themselves to a few text messages every day to avoid the high messaging subscription bills from telecommunication companies. Over time the technology has evolved that it is not only limited to sending text but also provide means to send pictures, a short video, and other multimedia messages. Despite this features, adopters still fear of high phone bills by using these features.
Fortunately, companies created messaging apps to provide free and unlimited messaging, which was a refreshing solution for rigid text message limits and their lofty costs. Today’s messaging apps are fundamentally anchored to a very limited paradigm of one-on-one conversations and small unstructured groups. Largely, they fail to provide the necessary tools required to foster community, stimulate economic activity and encourage lively human interaction. The social messaging industry became so mainstream that it now represents $90 billion worldwide and is expected to grow to over $120 billion by 2020. However, the functionality that is offered to their 3 billion users leaves much to be desired. With a prepared rollout scheduled for 178 countries and 16 planned localized versions of the app, Suchapp will provide a new, full-featured messaging ecosystem based on blockchain technology. The app which will enter into public alpha in January 2018, not only provides real-time messaging but incorporates powerful new features such as location-based messaging, 4K broadcast video, granular security and powerful community and business communications capabilities.
A new messaging app is going to make this industry go further by combining best-of-class messaging with the power of a social network architected over a robust, enterprise-level blockchain economy to create the world's first 5G messaging ecosphere. From one easy-to-use app users will be covering their smartphones into a single point of contact for talking to friends; socializing and networking with like-minded people; buying, selling and trading goods and services and making payments with our own digital currency. In addition, Suchapp leverages the power of the blockchain to create a complete ecosystem. The integrated digital wallet makes managing your finances easy and simple. SuchApp understands that communicating seamlessly is an essential requirement in today’s connected world. The platform knows that negotiating the financial landscape with ease is equally important. SuchApp integrates both of these requirements into a solution that fits in the palm of your hand.
SuchApp will provide best-of-technology features needed for the modern day social users:
1. Best-of-Class Messaging
Suchapp makes every conversation a joy. Feel at home anywhere thanks to our innovative GPS RADAR functionality. Join, create and administer groups of any size including powerful live 4-way videoconferencing.
2. Stunning Live 4K Filters
Save every cherished memory in perfect 4K resolution. Our amazing 4K live filters will make every video look like it was shot by a pro. Broadcast live 4K video to friends, family or groups of any size.
3. Powerful Marketing Functionality
No matter what the size of your business, Suchapp has you covered. Buy, sell and market your products and services straight through the app. Grow an audience of raving fans and reward them with your customizable loyalty program.
4. Blockchain Powered
Thanks to our integrated digital wallet, managing and using your cryptocurrencies couldn't be easier. Suchapp is a robust financial ecosystem that makes every transaction seamless and efficient.
5. Other Innovative Feature
▪ Connect: Connect effortlessly with friends, family, and colleagues anywhere at any time.
▪ Groups: Form, find or join groups of all sizes.
▪ Broadcasts: Share live broadcasts of life’s most unforgettable moments.
▪ Video Chat: Live video chats as well as VOIP conferences - Personal and Group. An exclusive feature of up to 4 people being able to zone in for chats.
▪ Full-featured business messaging: Multiple channels with granular security support.
▪ Marketing: Branding, promoBons, offers and customer support that enables business entities to market products after seeking individual or group approval.
▪ Loyalty Programs: Create and manage your own fully functional loyalty programs.
▪ Live Filters and Video Editing: an Enhanced resolution to 4K for high-clarity photos and videos.
▪ Digital Wallet and Digital Currency: Carry money digitally, pay bills and manage financial assets and transactions in a hassle-free manner with our integrated digital wallet.
▪ Exclusive debit/gift card for managing your digital currency: Manage all assets with ease and in one place with digital currency stored exclusively in a custom debit/gift card.
▪ Stickers: 1000+ unique and animated stickers to enliven all your virtual conversations.
To subscribe to all of industry-leading features, Suchapp will use a utility SP Coin (SPS) provides a combination of Digital Currency and bonus-based loyalty plan features. It is built on the Ethereum Platform making the integration with the blockchain community smooth and simple. Suchapp is not an early stage conceptual design. Instead, our mobile application is already in an advanced technical development stage. We have a proven development team working on it and will be entering our alpha testing stage in January 2018. The business development strategy explained in this white paper is also well on its way towards full implementation.
Unlike most initial coin offerings, Suchapp is far from an abstract project waiting to be commenced. Thanks to over $1.5 million already invested in development, the application is nearly ready to launch globally to the public. Our goal is to position ourselves as one of the top 5 messaging apps in the world within 5 years. To accomplish this we will utilize the funds raised in our initial token sale to catapult our user growth through strategic acquisitions and sustained organic promotion.
SuchApp's history dates back from 2011 when the parent company was formed. Since that time, the business has evolved into a driving technology company that is ready to traverse the world with a breakthrough product that we all are passionate about.
Also, Suchapp will soon announce an initial public crowdsale of its SPS token. The total supply of tokens will be 25 billion with a maximum fundraise of $40 million. The ICO price of each token will be $0.005. Pre-sale phase participants will receive, in addition to significantly discounted token prices, lifetime Gold Membership within the application.
With the technology created and offered by SuchApp, anyone in the world can create and administer a group on SuchApp leveraging advanced community features such as a custom loyalty program based on the integrated SPS
cryptocurrency token. Group administrators will be able to cultivate a direct relationship with their customers and can offer them uniquely targeted promotions.
Check out detailed information of SuchApp platform at their website: go.suchapp.io
You can access their whitepaper: https://www.suchapp.io/Whitepaper-SuchApp+Dec+14.pdf