Tigereum: Instant Messaging for Crypto Transfers
Tigereum CEO Darren Olney-Fraser is leading an innovative development team that will enable crypto to be sent to friends and family simply and securely by instant message. He believes everyone will be sending money by instant message within two years.
“We will make sending crypto as easy as sending photos to friends on Facebook,” said Mr Olney-Fraser.“It’s a race against time. Social media companies are working around the clock on this paradigm shift. Crypto needs to keep up,” he said.
Tigereum’s target market is the average person who doesn’t use crypto yet and wants to explore the opportunity, but can’t work it out. They are building smooth customer interfaces for crypto users to make it readily accessible to people and with hopes to help crypto become more mainstream.
Mr Olney-Fraser wants the customer interface for crypto products to be more like social media platforms.
“Crypto has the answers to a decentralized, borderless, secure, digital, global currency which can be messaged to anyone, anywhere,” he said.
Tigereum aims to adopt the key principles of the crypto world - decentralization, encryption, security, anonymity and community – to deliver mass adoption of crypto for micro-payments.
“To succeed, security is our number one priority - the eye of the tiger if you will,” said Mr Olney-Fraser.
Mr Olney-Fraser still defends the place for digital wallets and admits they're good for sending larger amounts of crypto. However, he continues with his realism and acknowledges that they won't be easy for many people, especially the less technology inclined.
Tigereum Tokens will be created and used as the cryptocurrency in its instant message solution. Senders will buy Tigereum Tokens to message money. Recipients will redeem Tigereum Tokens into crypto or fiat to receive their money.
“We have created fifty million Tigereum Tokens on the Ethereum platform,” said Mr Olney-Fraser, “and forty million of these will be swapped for ETH to help raise funds for this project.”
The Tigereum Token Swap opens on Friday 8 December and closes on Monday 18 December 2017.
If all tokens are swapped, Tigereum will have a war chest of approximately USD$15 million to fund this development.
Tigereum Tokens will be listed on public cryptocurrency exchanges, starting with EtherDelta, from Monday 18 December, with other exchanges to follow soon after.
“I hope the crypto community will ride this Tiger with me and my team for this exciting project,” said Mr Olney-Fraser
Standard: Ethereum ERC-20
Supply: Fifty million (50,000,000)
Swap Price: 1 ETH = 1000 Tigereum
Approximate Value: US$15,000,000
Pre-Swap Bonuses: Open until midnight 20 November 2017
Open Date: Friday 8 December 2017 (GMT 09:00)
First Day Bonus: 33% bonus available on Friday 8 December 2017 (09:00 to 21:00 GMT)
Close Date: Monday 18 December 2017 (GMT 23:00)