Social App SVPER Secures LBank and Crypto Exchange DAEX as Investors

SVPER, the social video-only app for forming new real-life relationships, announced today that it has gained two new investors ahead of its pre-sale. The investors are LBank, a specialised digital Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, and DAEX Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term Group ('DAEX'), a distributed digital asset clearing ecosystem built on a blockchain.

SVPER aims to change the way that people meet online. Leveraging the advantages of ERC-721 (a token standard on the Ethereum blockchain), the app guarantees the 'proof of existence' of its users. Through its community, customers will validate the identities of others by leaving reviews. These will be based on the accuracy of personal information, increasing transparency, and security between users.

SVPER plans to launch its product in Q4 2018

The company plans to launch its Minimum Viable Product (MVP) in the fourth quarter of this year. This launch will coincide with its initial coin offering (ICO). When launched later this year, the free model of the app will give users access to its basic functions in exchange for tokens. As time goes on, more features will be added to the app.

Commenting on the partnership, Catherine Zhou, Director at DAEX Blockchain Group, said: “The strategic partnership between DAEX and SVPER will help to fill in the gaps when it comes to DAEX’s underlying identification technologies. In this way, the SVPER team will also assist in improving the layout of the DAEX ecosystem as a whole, laying the foundation for greater co-operation in the future.”

The co-founder and CEO of SVPER, Jean-Baptiste Fort, added: “From the time we announced our ICO Pre-sale for our disruptive social video-only platform, we have received extensive interest from investors who are excited about the potential of SVPER.

The partnerships and investments will strengthen our position and help us execute our launch of the SVPER app and growth strategy for the business. We thank all our current investors and partners for their support and look forward to welcoming more in the coming weeks and months ahead.”