Sögur Currency (SGR)

Sögur Currency (SGR)

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Saga introduces a reserve-backed global digital currency supported by experts and accepted by acclaimed financial institutions. Learn more

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Employees
Market cap
-
Enterprise valuation
CAD164—245m (Dealroom.co estimates Mar 2018.)
Company register number CH-170.7.000.825-3
Canton of Zug Switzerland (HQ)
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Saga.org is a pioneering startup in the digital currency space, offering a unique stablecoin called SGR. The company operates under the Sogur Foundation and is backed by a team of renowned financial experts, including Dr. Jacob Frenkel and Myron Scholes. Saga.org aims to bridge the gap between traditional financial systems and the emerging digital economy by introducing a reserve-backed global digital currency.

The primary clients of Saga.org are cryptocurrency enthusiasts, investors, and institutions looking for a stable store of value and a reliable medium of exchange in the volatile crypto market. The company operates in the blockchain and cryptocurrency market, which is known for its rapid innovation and high volatility.

Saga.org's business model revolves around its stablecoin, SGR, which is backed by a reserve of assets to maintain its value. This reserve-backed model ensures that the value of SGR remains relatively stable compared to other cryptocurrencies, making it an attractive option for those looking to avoid the extreme price fluctuations common in the crypto market. The company generates revenue through transaction fees, trading fees on exchanges like Bittrex and EXMO, and possibly through interest earned on the reserve assets.

In addition to offering a stablecoin, Saga.org emphasizes governance and community involvement. Token holders have voting rights, allowing them to participate in the decision-making process of the ecosystem. This democratic approach aims to build trust and transparency within the community.

Saga.org's innovative approach combines the benefits of traditional financial systems with the potential of digital currencies, positioning it as a significant player in the evolving financial landscape.

Keywords: stablecoin, SGR, blockchain, cryptocurrency, reserve-backed, governance, digital currency, financial system, token holders, Sogur Foundation.

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