So far
BTCitcoin didn't proved itself to be the internet's currency because most people buy it to hold for the future gains rather than to spend it as money hence they are treating it more like a store of value. But unfortunately its not perfect for either because it has its short-comings:
Why Bitcoin has failed to become a currency that people could use on the internet?Because, its not as scaleable as to handle too many transactions on the network as compared to
visa or mastercard and fesses sometimes go too much high which makes it impractical to buy everyday stuff.
Hence BTC has failed to become a day-to-day internet's currency Why Bitcoin has failed to become a store of value that people can buy to preserve their wealth?Because its value doesn't move linearly on the upward but has market cycles which can cause huge losses to those who buy at the peak which makes it a risky investment sometimes even on a long-term bases depends on for how much longer you want to hold it.
Hence BTC has failed to become a store of value to preserve your wealth ENTER "SURGE Token"Surge token perfectly solves both the problems of scalability & stable-growth:
Scalability: Currently SURGE is an ERC-20 token to achieve better decentralization with airdrops to ETHEREUM holders also we are not building a new blockchain for SURGE because we don't have any funding. Therefore, we will keep our options open to migrate onto higher performance blockchains in the future to achieve scalability.
Stable-Growth: Here's the actual concept behind the creation of SURGE token.
When you mine BTC you spend USD in expenses like electricity/equipment and all that which we think is the worst part of mining.
Why would that money go into such a wastage? Why shouldn't we use those USD for better good instead of burning them?
When you buy into any ICO, that money goes to the TEAM behind that product now that team could have your millions while that token they gave you in exchange could become worthless in the market when the hype settles. It doesn't make sense either!!!
What SURGE is do is completely different from what has been happening all this time.When someone spends ETH to get SURGE TOKEN those ETH neither get burned nor they goes into someone's pocket but they gets invested via a smart-contract which makes the trades using different crypto DEXes autonomously and sends all the PROFITs in the form of TUSD to a different smart-contract from there all the SURGE Holders can get TUSD when they spend their SURGE to that TUSD smart-contract.
Now check this flow of funds:1- Hodlers spend their ETH to get SURGE tokens from the SURGE sale contract
2- All the ETH get invested via smart-contracts on DEXes
3-Profits from trading are sent to a new smart-contract in the form of TUSD
4-SURGE holders can spend SURGE anytime on that smart-contract to get TUSD
Hence the balance of TUSD smart-contract provides a floor-value for SURGE tokens
Now lets do some calculations assuming the value of ETH=$1001- 100 ETH are spent on SURGE sale contract will get you 1333400 Svg @ $0.0075/SVG
2- 100 ETH invested could make 10% weekly profit in USD terms thats $4000 in 1 month
3- Now the TUSD smart contract has 100ETH ($10000+$4000) = $14000 balance
4- It means the floor value per token would be 14000/1333400 = $0.01/SVG
Up roughly 40% in just 1 month assuming ETH stays at $100 or dips Below.
BUT would surge tokens be traded at its floor value or higher?
They would be traded at much higher price because floor value is constantly increasing as profits are added to it
The only source of official announcements is
https://t.me/surgeprojectofficialSURGE Token Address: 0xFFC97142863e9B2583588e3705e2322eF0369635
Name: Surge Token
Symbol: SVG
Decimals: 18
SURGE TOKEN SALE CONTRACT:
0xD48c70991441d66a86C26580cD6b629F63F58516
Gas Limit: 3000000
Gas Price: 41 Gwei or higher
🚨Always make sure that you are interacting with the right contract address because its your hard earned money🚨
💥 SVG Distribution Plan 💥
Stage 1:
Total tokens = 10,000,500
0.0000750 Eth = 1 SVG Tokens
1 Eth = 13334 SVG Tokens
Stage 2:
Total tokens = 10,000,375
0.0000875 Eth = 1 SVG Tokens
1 Eth = 11429 SVG Tokens
Stage 3:
Total tokens for sale: 10,000,000
0.0001000 Eth = 1 SVG Tokens
1 Eth = 10000 SVG Tokens
Stage 4:
Total tokens for sale : 10,000,100
0.0001100 Eth = 1 SVG Tokens
1 Eth = 9091 SVG Tokens
Stage 5:
Total tokens for sale : 10,000,000
0.0001250 Eth = 1 SVG Tokens
1 Eth = 8000 SVG Tokens
All ETH proceeds from SURGE tokens sales are invested via smart contracts autonomously and the Profits are regularly added to the TUSD smart contract for liquidity and redemption of SURGE tokens.
Roadmap:
🔥SURGE Light Paper: 25th FEB'19
🔥Official Video: 30th MAR'19
🔥Complete White paper: 15th APL'19
🔥Dex Listing: 1st June'19
🔥Release of TUSD smart contract: AUG'19.
🔥Unified APP to Hold SVG and Redeem for TUSD anytime: Oct'19.
🎉Token distribution will start from 5th Feb’19.
Claim your tokens using Ether via SURGE TOKEN SALE CONTRACT:
0xD48c70991441d66a86C26580cD6b629F63F58516
Gas Limit: 3000000
Gas Price: 41 Gwei or higher
🚀Daily price update of SVG will be updated in the telegram group until the TUSD smart contract has launched.
