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bookmark7 /10
team - good team
mvp - yes
idea - usual
competitors - many
market - #ExchangeNetwork
Starts
Jul 1st 2018
in 11 days
Ends
Aug 1st 2018
in a month

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Send Protocol is directly addressing a multi-billion dollar market: migrant workers sending money back to their home countries.

It has a solid, real-world use case, and an already working product, WeSend (the first Dapp built on Send) has with more than 80,000 registered users, and a partner network offering 70,000 points of payment in Latin America.

The Send Token (SDT) is designed to be a semi-stable token with a recognized USD reference price, which is fixed during a calendar week. The weekly consensus price is determined by a logarithmic function measuring the network’s liquidity. The price of the token slowly rises as real-world adoption increases, driving real value through real demand. By taking both volatility and speculation out of the equation, SDT can indeed serve as a medium of exchange.

It is one of the very first ICOs coming from Latin America.

Team

Camilo Jimenez
Chief Executive Officer
Francisco Córdoba
Chief Visionary Officer

Advisors

Marcio Abreu
Chief Technology Officer

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