Decentralized single sign-on blockchain based ecosystem for your identity and payments
Simplifying online commerce for the better, for both customers and merchants
SAFEIN - MAKE IT SIMPLE
A revolutionary solution for both businesses and users
Businesses receive a complete KYC solution
Forget hiring staff, training costs, seeking legal advice, setting up IT infrastructure and dealing with fraudulent users. Safein will provide a quick and simple to integrate solution for all your KYC issues. Onboarding new users has never been cheaper.
Users get access to websites with a single click
Safein allows users to sign up and log in to new websites with one click. Forget tedious registrations and lost passwords. You will get instant access to any services online
Users control their data
With Safein, you’re always in control of what websites know about you. You can login online anonymously, or only share data the website really needs. On our web panel and mobile app, you’ll see your entire activity history, including registrations and logins.
Control your data
A revolutionary way to pay online. Safein allows users to sign up and log in to new websites with one click. With Safein, you’re always in control of what websites know about you. You can login online anonymously, or only share data the website really needs. A single click will revoke their access permanently. On our web panel and mobile app, you’ll see your entire activity history, including registrations, logins and payments.
Pay with fiat or cryptowith zero efforts
Once logged in with Safein, you’re also able to make payments without providing any extra information. Store your money in traditional currency or any crypto, and Safein will automatically convert and deliver funds in the merchant’s preferred way. Since every payment processed is within the boundaries of Safein, they’re instantaneous, secure and cheap.
TOKEN MODEL
The idea of having a single account for everything you do online is simply brilliant, but it requires large scale. Developing Safein is the same as trying to solve the chicken and egg problem – you need a lot of users to attract merchants, and vice versa. Without merchants you cannot acquire new users. Safein will leverage its tokens to grow its user base and acquire merchants. Use of the Safein platform will reward both users and merchants for using innovative payments and identity management solutions created by our team.
Possible scale
Troubles of online commerce The Safein solution
Separate account for each website >> Single account for any website
Repeated account verification >> One-off ID verification to cover all sites
High processing fees >> Low cost or free for token holders
Fraud and chargeback risk >> Risk-free payments
Excessive personal data mining >> Full control of your personal data
Safen token
We envision Safein as a platform that will add enormous value to both businesses and users because of all-around efficiency improvements for carrying out activities online. The synergies resulting from user growth and business adoption will allow Safein to scale rapidly and organically.
ICO funds allocation
• Developing cryptocurrency wallet and payments functionality
• Obtaining the Electronic Money Institution licence
• Launching fiat deposits and merchant payments in EUR, GBP, USD
• Acquiring first 500 mid- to large-scale merchants
• Administrative, operational and staffing expenditures for 2 year
Safein token features
• 100% free payments for merchants who possess Safein tokens
• Monthly cashbacks for users paying with Safein tokens
• Login Pool to incentivize Safein use among users and websites
• Registration Pool to reward new users
• Referral Pool to grow user base rapidly
As seen on
ROAD MAP
TOKEN DISTRIBUTION
Token SFN
Ethereum Platform
Type >> ERC20
PreICO >> 1 ETH = 12,000 SFN
Price at ICO >> 1 ETH = 7,000 – 9,000 SFN
Tokens for sale >> 300,000,000
Min >> 0.1 ETH investment
Receive >> ETH
Distributed in ICO >> 30%
Soft cap >> 6000 ETH
Hard cap >> $21,000,000 ETH
SFN is the only official token of the project. The total number of released token is 1 billion (1,000,000,000 SFN) and no more tokens will be issued. Safein token is used for any kind of transaction in our platform. Customers can do their shopping by using SFN token and merchants can get their payments via the token system and both of them will be compensated as per their functionality.
The team allocated the most part – 32,25% – of the total number for 2 stages of sale (322,5 million).
MERCHANT AND USER BENEFITS
Merchants using Safein will be able to reduce their transaction fees by holding SFN tokens.
Each SFN token held entitles a a merchant to process a specific amount of payments per
month with no commission fees. The initial multiplier, right after payments launch, will be
10, i.e. each SFN token will let merchant receive 10 SFN tokens worth of payments with no
commission that month. The multiplier will gradually decrease within 5 years starting from
the date when the payments are launched.
For example, right after the payment functionality launch, if merchant has 10,000 SFN tokens, he will be able to receive 100,000 SFN worth (at market price) of payments for his goods or services with no commission fee in any currency each month. After he receives 100,000 SFN, or equivalent amount in other currency, that month, he will be charged a standard 1% commission fee for the remaining part of the month. Doing some simple math shows that, if a merchant buys $1,000 worth of SFN tokens during the ICO and the token price doesn’t change, that will save him $1,140 of Safein commission per year (1% commission on total transaction volume) and more than $2,000 yearly compared to other payment service providers charging commission and fees more than twice as large as Safein.
Accordingly, this should allow us to incentivize merchants to promote payments with SFN tokens even more, as this would allow them to store the tokens received from customers and minimize their commision fees further.
SAFEIN TEAM
The team behind Safein is composed of successful entrepreneurs and various industry experts giving Safein the experience necessary for building and growing Safein platform. Safein team, advisory board and strategic partners together cover a broad range of specialization areas, including entrepreneurship, engineering, law, cybersecurity, business development and others.
Follow Safein on Social Media
Thus the ico project info from Safein, which is the best ico project is also an ico, tokens, cryptocurrency, altcoin from blockchain ethereum er20 technology. This article is made based on personal views, related to investing it would be good to do the analysis first. Each type of investment must have risks depending on the scale or size of the investment and good not the concept. For more information please visit their official website below:
Website : https://www.safein.com/
Whitepaper : https://safein.com/summary/EN/EN_whitepaper_safein.pdf?version=21.7
Telegram : https://t.me/safeincom
Facebook : https://www.facebook.com/safeincom/
Twitter : https://twitter.com/safeincom
MY AUTHOR
Username : yousuf786
ETH : 0x5B1215dfED1cdCf32d9c860F591180E236D2aba3
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1361754