Madras Asim

Sögur Currency (SGR)

Sögur - formerly known as Saga- is the project behind the global digital currency SGR (previously SGA), a currency designed to be the democratic evolution of money. SGR is modelled to incorporate the volatility crypto markets seek - based on a bonding curve model, which creates opportunity for intrinsic value growth while also using stabilisation mechanisms to temper risk of value loss in unpredictable market conditions. The SGR economy was built to grow and self-sustain; to be steered by its holder community; and to be the true evolution of money. Sögur is introduced by Saga Monetary Technologies Limited, a UK company, limited by guarantee, working under not-for-profit principles. It is governed by applicable UK laws and regulations and has adopted KYC/AML procedures compliant with the strictest international standards and regulations. Ido Sadeh Man founded Sögur in 2017, and his team today includes Barry Topf (chief economist), Dr. Ron Sabo (chief scientist), and many others. Senior members of the Sögur Advisory Board include Prof. Jacob A. Frenkel, PhD, chairman of JPMorgan Chase International and former governor of the Bank of Israel; Prof. Myron Scholes, Nobel laureate in economic sciences and professor emeritus at Stanford University; Leo Melamed, former chairman of the Chicago Mercantile Exchange (CME); and Prof. Dan Galai, PhD, former dean of the School of Management at Hebrew University Jerusalem. Accredited partners including Lightspeed Venture Partners, Mangrove Capital Partners, Vertex Ventures, Disruptive, Lool Ventures, and others have already demonstrated confidence in Sögur's vision by participating in its $30M seed funding. This funding has made possible the launch of the Sögur token and the first steps toward the realisation of Sögur's vision for a fair and reliable global currency.