Messaging apps are ubiquitous. More than 3.1 billion people around the world use it and send more than 140 billion messages every day. Their size and the value they offer to their users have often resulted in astronomical market valuations.
Whatsapp was acquired for an unprecedented $ 19 billion in 2014 after the app launched just five years earlier. At the time of the acquisition, Facebook was paying $ 42 per WhatsApp user.
Telegram , founded in 2013 by Pavel Durov, now has over 500 million users and recently turned down an offer of $ 30 billion.
Skype , one of the first VoIP services, was sold to Microsoft in 2011 for $ 8.5 billion .
The growth of mobile messaging apps is unabated. The number of users of mobile messaging apps is expected to increase by over 10% by 2025 . That corresponds to an additional number of 300 million people.
However, this phenomenal growth also comes with a number of risks. These include previously unknown threats to the privacy, finances and personal safety of cell phone users.
Known dangers and risks
Violations of data transfer - The EU data protection officer imposed a fine on WhatsApp in the amount of 255 million euros in September 2021 . The focus was on violations of data processing and data transfer.
Cyber theft - Cyber criminals have used Telegram's chat script tools to hack other users' bank account details .
Theft of private data - A hacker posted the private data of 533 million Facebook Messenger users online in April 2021.
Spy programs - Hackers could install spy software on WhatsApp users' phones and eavesdrop on private conversations .
Blackmail - WhatsApp informed its users that deleted messages can also be accessed by hackers and used for blackmail .
Traditional cell phone providers aren't safer either. Syniverse , which is used by T-Mobile and Vodafone, among others, has revealed that hackers have accessed billions of text messages from the database since 2016 .
With the increasing growth in the area of data communication, the privacy of user data and communication is increasingly endangered. The world is desperately looking for a messaging solution that is safe from hackers, cyber criminals, and government interference. By leveraging the latest blockchain technology, visionary tech developers have finally come up with such a solution: Secretum.
Secretum: Blockchain Revolution for Messaging and Trading
Secretum is the world's first and only fully decentralized, encrypted and secure messaging DApp (Decentralized App) based on the Solana blockchain. Thanks to the state-of-the-art design, trading cryptocurrencies is as easy as sending a text message.
The advantages for the user are considerable.
All messages s ind fully encrypted and stored on the verified nodes in Secretum network. This means that hackers cannot access them like with cloud-based messaging services like Whatsapp.
The safest and most anonymous registration process , only with the wallet address - no more risk of private data leaking out.
Staking and rewards with the native SER token for sending messages and providing new nodes in the Secretum network.
A simple, intuitive and pure P2P trading interface for sending and receiving cryptocurrencies and Non-Fungible Tokens ( NFTs ).
Record-breaking low fees and near-instant trading thanks to Solana's capabilities. This enables 50,000 transactions per second and average transaction costs of only $ 0.00025 .
By combining a superior messaging app with advanced P2P crypto trading, Secretum's strategy is ambitious but simple: Secretum aims to become the go-to messaging app in the era of cryptocurrencies.
Secretum: Cryptocurrencies and messaging are becoming a blockchain miracle
Secretum's blockchain messaging innovation is changing the way we communicate. In addition, the over-the-counter (OTC) P2P trading features bring unique benefits to owners of crypto assets:
Instant Liquidity - Traders are able to interact with one another directly. This can reveal hidden liquidity in cryptocurrency markets and improve execution.
NFT Trading - NFTs are booming, with sales rising to $ 10.7 billion in the third quarter of 2021. That's a staggering 700% increase over the previous quarter:
Secretum helps bring NFT buyers and sellers together by allowing them to get in touch through their wallet address. Safe, direct and at the lowest fees on the market.
Better trading prices - With wallet-to-wallet trading, Secretum stabilizes prices and market influence. The app also eliminates the impact of whale trades on prices. Secretum is entering the market at a time when the spread of cryptocurrencies is skyrocketing. The number of wallets reached a record high of over 220 million in June 2021 :
This development shows that more and more people have crypto wallets. You can now seamlessly connect them to Secretum. Essentially, the messaging app market is merging with the cryptocurrency space. Thanks to its unique trading and messaging functions, Secretum positions itself in a market of over 3 billion users.
The chances of becoming a globally used messaging app are excellent. Experts estimate that WhatsApp will generate between $ 5 billion and $ 10 billion for Facebook in 2020 . When the vision of a secure and intuitive communication and trading solution for the whole world becomes a reality, Secretum could become the next worldwide messaging miracle.
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