Secretum DApp: The Next Messaging Unicorn on Solana
November 16 2021 - 11:14PM
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Messaging apps are everywhere – over 3.1 billion people around the
world use them, sending more than 140 billion messages every day.
Their ubiquity, size, and the value they deliver to their users
have often converted into stratospheric market valuations: Whatsapp
was acquired for an unprecedented $19 billion in 2014, after being
launched only 5 years earlier. At the time of acquisition, Facebook
paid $42 per WhatsApp user. Telegram, launched in 2013 by Pavel
Durov, has over 500 million users today and recently rejected an
investment offer valuing it at $30 billion. Skype, one of the first
VoIP services, was sold to Microsoft for $8.5 billion in 2011. The
growth of mobile messaging apps shows no signs of stopping: the
number of mobile messaging app users is projected to increase by
over 10% by 2025, an additional 300 million people. While the
growth has been phenomenal, it has brought to light a series of
previously unknown dangers to the privacy, finances, and personal
safety of mobile phone users: Data Sharing Violations – The EU’s
privacy watchdog fined WhatsApp €255 million for data processing
and data sharing violations in September 2021. Cyber Theft –
Cybercriminals have used Telegram’s chat scripting tools to hack
bank account data from other users. Private Data Theft – The
private data of 533 million Facebook Messenger users was leaked
online in April 2021. Spyware – Hackers were able to insert spyware
software in the phones of WhatsApp users, enabling them to listen
to private conversations. Blackmail – WhatsApp users have been
warned that even if they delete messages, these can be retrieved by
hackers and used to blackmail them. Traditional mobile carriers are
not safer, either. Syniverse, used by T-Mobile and Vodafone among
others, revealed that hackers have been accessing billions of text
messages from its database since 2016. With the accelerated boom in
data transmission, the privacy of user data and communications will
be more and more in danger. The world is desperately seeking a
messaging solution safe from hackers, cybercriminals, and
government interference. By leveraging the latest Blockchain
technology, a group of visionary tech developers has finally
developed it: Secretum. Secretum: Using Blockchain To Start A
Messaging & Trading Revolution Secretum is the world’s first
and only fully decentralized, encrypted, and secure messaging DApp
(Decentralised App), built on the Solana Blockchain. Thanks to its
state-of-the-art design, it further enables users to trade crypto
assets as easily as sending an SMS. The advantages for users are
significant: All messages are fully encrypted and stored on
verified nodes in the Secretum network – meaning hackers can’t
access them like in cloud-based messaging services like Whatsapp.
The most secure and anonymous sign-up process, which only needs the
user’s crypto wallet address – no more risks of private data leaks.
Staking and rewards with the native SER token for users who message
and provide new nodes to expand the Secretum network. An easy,
intuitive, and purely P2P trading interface to send and receive
cryptocurrencies and Non-Fungible Tokens (NFTs). Record low fees
and almost instant trades, thanks to Solana’s capability of 50,000
transactions per second and an average cost per transaction of only
$0.00025. By combining a superior messaging app with advanced P2P
crypto trading, Secretum’s strategy is ambitious, yet simple –
becoming the go-to messaging app of the crypto era. Secretum:
Turning Crypto & Messaging Into A Blockchain Unicorn As
Secretum’s Blockchain-messaging innovation changes the game in
communications, it’s over the counter (OTC) P2P trading
capabilities bring unique advantages to crypto-asset owners:
Instant Liquidity – Traders are able to contact each other directly
and find hidden liquidity in crypto markets – improving execution.
NFT Trading – NFTs are booming, with sales surging to $10.7 billion
in Q3 2021, up a staggering 700%+ from the previous quarter:
Secretum helps match NFT buyers and sellers, by letting them
contact each other via their wallet address – securely, directly,
and at the lowest fees on the market. Better Trade Prices – With
wallet-to-wallet trading, Secretum stabilizes prices and market
flow, eliminating the impact of “whale trades” and their negative
impact on prices. Secretum is entering the market as crypto
adoption is soaring, with the number of wallets reaching a record
high of over 220 million: As more people become crypto wallet
owners, they will be able to seamlessly use Secretum for all their
messaging needs – essentially the messaging app market merging with
crypto. By leveraging its unique trading and messaging capability,
Secretum is de facto positioning itself to serve a market of over 3
billion users. The upside of becoming a globally used messaging app
is significant – experts estimate that WhatsApp generated between
$5 and $10 billion for Facebook in 2020. Achieving Secretum’s
vision of a secure and user-friendly communication and trading
solution for the entire world, therefore, would give it a more than
reasonable chance of becoming the world’s next messaging unicorn.
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