Messaging apps are everywhere – over 3.1 billion people around the world use them, sending more than 140 billion messages Every day. They are ubiquitous, large, and provide value to users. This has often resulted in high market valuations.
- After being introduced just 5 years ago, Whatsapp was purchased by Facebook for $19 billion. Facebook was paying $42 per WhatsApp customer at the time.
- Telegram, which Pavel Durov launched in 2013, has been used by over 500 million people and was recently turned down for an investment of $30 billion.
- Skype, the original VoIP service, was purchased by Microsoft in 2011 for $8.5billion.
It seems that mobile messaging apps have not slowed down in their growth: By 2025, the projected number of app users will grow by over 10%. This would add 300 million more people to mobile messaging.
Although the mobile phone market has seen incredible growth, there are still many unknown threats to privacy and financial security.
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.
Privat 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.
The traditional mobile operators are also not as secure. T-Mobile’s Syniverse revealed that hackers were able to access billions upon trillions of text messages stored in its database, which is used by Vodafone and T-Mobile.
Data transmission is increasing rapidly, putting privacy and security at grave risk. A secure messaging system that is not hacked, manipulated by cybercriminals or interfered with by governments is what the world needs. A group of tech visionaries has created it by leveraging Blockchain technology. 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. The state-of-the art design of Secretum allows users to easily send an SMS to exchange crypto assets. There are many advantages to users.
- 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.
- For users that message or provide new Nodes for the Secretum network, you can earn rewards and stake with your native SER token.
- It is a simple and intuitive interface that allows you to trade P2P cryptocurrencies or Non-Fungible Tokens.
- 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 has entered the crypto market because of rising adoption of cryptocurrency, which is driving the record number of wallets to over 220,000,000.
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. Secretum leverages its trading and messaging capabilities to be able to serve all of your messaging needs. de facto Positioning itself to reach a global market with over 3 billion people. 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.