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 and DAEX Blockchain Group (“DAEX”), a distributed digital asset clearing ecosystem built on .
SVPER aims to change the way people meet online. Leveraging the advantages of ERC-721 (a token standard in 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 (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.”