SAFEIN: The Most Secure Digital Wallet?? 💰 | DAILY 5:00PM 🕔 ICO REVIEW

in #cryptocurrency7 years ago

Good Afternoon from the Netherlands Steemians!

It's 5:00pm, therefore, its is time for an ICO REVIEW!!
Don't forget to leave your answer to my question in the comments if you want a chance to win an upvote and a Follow!

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About Safein

With the slogan "make it simple" Safeinhas been created with the aim to be an innovative blockchain based project that seeks to promote a sign-on digital wallet for maximum security and trust. With Safein Users will be able to control their data and privacy and limit the extent to which their identity is revealed to third parties.

The project will address some problems facing e-commerce and cryptocurrency usage online by offering a single click verification, sign-in and payment functionality.

Benefits to Users:

• No more multiple website registrations and KYC for each site
• A quick and trusted payment processor.
• Data control and high cybersecurity from theft.
• Reward-based referral program.

Benefits for Merchants:

• Enhanced trust and high conversion rates
• Reduced cost of operations
• KYC’s are free to obtain
• Lower transaction fees

Safein is been developed to solve delays in crypto payments and mitigate the problem of multiple account management in e-commerce stores and shops. Everyone can benefit from being part of the network with their tokenized platform business.

Learn more about this ICO project here:

The Team

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I did a background check on the team members looking into their LinkedIn profile. They seem to have succeeded in bringing together a very good team of competent individuals. Here is an assuring quote from one of the co-founders,

Vladas Jurkevičius :

“Since high school Vladas was developing ecommerce projects related to virtual in-game items and by the time he graduated from university he already had a business with annual revenue of $3M+ and a team of 10 people. Then, staying only as owner and advisor in the old business, at the end of 2015 Vladas founded Helis LT, another eSports and in-game item sales oriented company which, as a co-founding CEO, he grew to 80 people, 20M+ monthly online traffic and exceptionally high returns”

The Financials

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If you are planning to invest in this ICO here is some useful financial aspects of the project you should be aware of. Firstly, the ICO will trade from May 31st 2018 to June 30th 2018 with the token code “SFN”. One SFN will cost 0.07 USD and only Ethereum has been selected as a funding source.

Investors can invest with a minimum amount of 0.1 ETH. To achieve the team’s goals a soft cap of $3 million has been set while a high hard cap of $21 million is in place. There will be a total of 300 million tokens for sale in the ICO which represents a 30% distribution among the public.

The Roadmap

Screenshot-2018-4-17 EN_whitepaper_safein pdf.png
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Overall, I would judge this ICO fairly based on innovation and prospect. I’m not impressed tho that a working prototype isn’t in play yet. Team members will have to be up and doing to mitigate tough challenges and problems ahead.

What do you think about this ICO?

Remember, I will select my favourite comment and upvote and follow the person who wrote it!!!

Disclaimer

This ICO information is just for the interest of Crypto Lovers and should not be considered as investment advice. If you want to take this opportunity, then invest only what you can afford.

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Great article. Excellent researched.

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