Safe Haven (SHA) ICO Review & Analysis - Safe Haven ICO Review - Pick A Crypto
For many, digital inheritance is often overlooked. With the rise in cryptoassets, digital inheritance has become a critical technological need to empower entire business procedures, individual legacies, and continuity for disasters. Safe Haven is a platform built on the VeChainThor Blockchain that provides solutions for digital inheritance and continuity by working in unison with their patented Trust Alliance Network (TAN) to provide additional legal services to cryptoasset owners.
- Protect your digital assets – In order to protect your digital assets, Safe Haven gives you the opportunity to do so without locking yourself out. Seeds / private-keys / passphrases can be shared amongst stakeholders or children in a transparent and secure way. Safe Haven distributes the shares in such a way that the initiator keeps, at all cost, the control over his assets.
- The Family Circle Share Distribution Protocol – Safe Haven’s Family Circle is a group that can be composed of anyone the user chooses from family to friends or stakeholders. The TFC SDP is a protocol developed by Safe Haven in order to establish a circle of trust in our eco-system.
- Safe Haven’s Trust Alliance – The TAN is an autonomous social networking hub for blockchain related legal affairs. The goal is to connect lawyers and notaries that specialize in crypto currencies to crypto investors and enthusiasts. The TAN is a hub for legal related blockchain information, articles, laws, etc.
“Through Safe Haven, we envision a future in where all owners can easily create plans to distribute their digital inheritance and business continuity plans to their partners and loved ones.”
Positives -
- Safe Haven is tackling a very present issue that investors in blockchain technology face even today, regardless of current adoption levels. Blockchain was designed to be immutable and unable to be hacked/altered without the direct permission of the private key holder. Right now if an investor were to pass away under sudden circumstances, chances are they haven’t told anybody where their private key/s are. This results in not only lost funds but tokens that are now “lost” and due to the nature of blockchain tech, are unrecoverable. Safe Haven offers a “Safe Haven” of sorts, pun intended.
- From an ICO Investor standpoint, Safe Haven are being pretty generous with their Token Sale/ICO. Only asking for just over $11million USD and with 60% of tokens available for purchase during the ICO, the Safe Haven team are no doubt confident in their ability to develop a product and of course a return for themselves along the way. If you’re confident on large scale adoption of cryptocurrencies and/or blockchain technology, projects such as Safe Haven are going to be part of that adoption, a $11 Million market cap probably won’t stay that way for long if Safe Haven is successful.
Concerns -
- Safe Haven have their own method but they are NOT first movers in this space. Digipulse, a blockchain project with similiar aims has been around for a while now (ICO was August 2017) and although they haven’t had a huge amount of success in terms of market cap increase, their platform development has been very consistent. It’s worth noting that Safe Haven will have an advantage here if they have paid close attention to what Digipulse has slipped up on in the past.
- A pretty generic concern we have about these types of platforms is the longevity/lifetime of the project and the legality of it all when it comes down to crunch time. People will be putting a lot of trust in projects like this, whichever one they choose to use. Customers need to have assurance that the company is in it for the long haul and platforms like this need to be pretty on top of everything that comes with regular wills/inheritance (legal stuff we won’t bother explaining). This is by no means a concern for Safe Haven in particular, just a general concern when considering the age of blockchain tech.
ICO Details -
Whitelist: Yes
KYC: Yes
ICO Token Price: 1 VET = 909 SHA
Excluded Countries: TBA
Bonuses: TBA
Tokens For Sale: 60%
Min/Max Cap: Minimum – 100 VET
Accepts: VET
ICO Period: July
Official Safe Haven Links -
Thanks for the post, pickacrypto.
I hope you don't mind if I test out some sentiment analysis on your post. This is an experimental bot running on posts that have exceptional positivity or negativity. The goal is to iterate towards a bot that gives content creators and curators actionable and useful information.
Your post was selected because it is in the 99th percentile for positivity.Your post had an average negative sentiment of -0.023, an average positive sentiment of 0.201, and an average normalized sentiment of 0.18
The most positive sentence in your post had a normalized positivity score of 0.443:
"- Protect your digital assets – In order to protect your digital assets, Safe Haven gives you the opportunity to do so without locking yourself out."
The most negative sentence in your post had a normalized negativity score of -0.219:
"With the rise in cryptoassets, digital inheritance has become a critical technological need to empower entire business procedures, individual legacies, and continuity for disasters."