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Topic: [ANN][ICO][PRESALE] 🔒 SafeCrypt.IO || Fail-safe by Design Cryptoexchange 🔒 - page 7. (Read 6320 times)

newbie
Activity: 18
Merit: 0
There are already a large number of exchanges available in the crypto market. What makes you believe that yours will do a better service to this community? And how will you guys achieve this?

If you don't mind, I will copy my previous post answering your question:

Cool project, what makes you guys different to other exchanges?

We've been asked a similar question in our interview to Inbound agency, NZ:

How does SafeCrypt differentiate itself from its competitors (if there are any)?

We do not have direct competitors as the SafeCrypt.io platform model is unique. In case you mean other projects conducting an ICO, than the answer would be simple: prior to the ICO itself we already have a lot to show to our investors, not just vague plans and promises. To demonstrate the promised viability and the initial value to the SafeCrypt.io token holders we have operationalized a part of our framework in order to present the functional prototype of the cryptoexchange platform, along with some unique mechanics specially developed for our cryptoinvestors
 (see the features list in the post above).

In case you mean other ICO projects, we are determined to become #1 cryptoexchange with the lowest fees possible (expected transaction fee is 0.06%) and the only platform providing full trading functionality and at the same time allowing traders to retain control over their assets at all time.

Dividends
The major investors holding 1% and more of the total token supply will also receive monthly dividends from net operating surplus of the SafeCrypt.io Exchange Platform. Let’s say that having generated $6,9mln of income from fees (the number is based on less than 4.8% market share) SafeCrypt.io has $5mln of net operating surplus. A tokenholder owning 1% of total SFC will gain dividends equal to $50000 each month.

Token Repurchase
Stage 1
SafeCrypt will initiate the repurchase process of the tokens sold during the crowdsale 6 months after the ICO is over at a price of 115% of the initial value in order to stabilize the market price and compensate for the sale bonuses. Every investor will be able to benefit at least 15% of their investment by simply selling the tokens on the market.
Stage 2
After the official release of the exchange platform SafeCrypt.io will initiate the second phase of token buy back at a rate of 200% of the initial token price. Note: The buyback process will guarantee the minimum token value on the secondary market and will enable the SFC token holders to benefit directly via trading.

And let’s not forget about indirect benefits for the whole crypto community. The more stable the market, the easier it is to build services upon it, the faster the development. Every time a faulty exchange platform collapses, the whole community suffers and that is unacceptable. With SafeCrypt.io we intended to stabilize the cryptomarket and ensure its continuous growth.
We believe that blockchain is the technology for the people and for our common future and we must appreciate and protect it by all means.

Hope that answers your question! If you are interested in our project, we encourage you to stay tuned with the latest news by following us on
Twitter: https://twitter.com/SafeCrypt_io
Facebook: https://www.facebook.com/safecrypt
Telegram channel: https://t.me/safecrypt
Medium: https://medium.com/safecrypt-io
Telegram super group for quick support and conversations: https://t.me/safecryptio

Thank you!


To learn more, please visit our website or refer to our whitepaper.

Thank you for your question.

With devs like you and so much work you've done, this project has an awesome future, if only all ICOs were like this one! I am happy to be a supporter of your project! People should join your bounty to make you a huge success!

I can't wait for the presale to start!
full member
Activity: 196
Merit: 100
is it clear how contributors will be paid back? once you have established how the project makes money, how does a contributor get some of it?

Dear MaoloSam, thank you for your question. Here is an excerpt from the Whitepaper about dividends and token repurchase (p.27):

Dividends

Once SafeCrypt exchange is fully functional, the major token holders will receive monthly dividends in accordance to the amount of tokens the investors hold. The dividends will be distributed monthly among the biggest token holders from the moment of SafeCrypt.io platform official release. The minimum amount of SFC tokens the stakeholder owns must be 1% of total token supply or more in order to receive dividends. The value for dividends is calculated from net operating surplus.

Thus, let's say that having generated $13,8mln of income from fees (calculated based on the Optimistic Prediction of 9.6% of market share, refer to p.26 of the Whitepaper), SafeCrypt.io has $10mln of net operating surplus. A stakeholder owning 1% of total SFC will gain dividends equal to $100000 each month ($100 thousand monthly).


Token Repurchase

Stage 1
SafeCrypt will initiate the repurchase process of the tokens sold during the crowdsale 6 months after the ICO is over at a price of 115% of the initial value in order to stabilize the market price and compensate for the sale bonuses. Every investor will be able to benefit at least 15% of their investment by simply selling the tokens on the market.

Stage 2
After the official release of the exchange platform SafeCrypt.io will initiate the second phase of token buy back at a rate of 200% of the initial token price. Note: The buyback process will guarantee the minimum token value on the secondary market and will enable the SFC token holders to benefit directly via trading.


Thus, to be eligible for dividends a contributor must hold 1% or more of the total amount of tokens issued. The dividends are paid in a form of ETH, BTC or other major cryptocurrencies directly to a contributor's wallet (by default, the ETH wallet address used by a contributor during registration). Note that all the unsold tokens will be burnt, therefore the 1% of total tokens left might be much less and with all additional bonuses investors will be able to save a lot. We remind you that up to 27.4% of the tokens will be available for the whitelisted backers. The special presale for those who get whitelisted will last for 24 hours only. Bonuses for early backers will be x3 of those available for the rest of the presale phase.

Hopefully that answers your question,

Thank you.

I like your idea, hopefully your SafeCrypt project runs successfully, I'm sure the increasing number of exchangers will make the crypto community grow well. When i read some of the advantages that are in the top thread,i find the ease of the exchange process,this is in need because very rarely there is an easy and uncomplicated exchange
newbie
Activity: 70
Merit: 0
one of our goals is to demonstrate the promised survival and initial value to the SafeCrypt.io token holder. The SafeCrypt.io team has effectively operated a fraction of the SafeCrypt.io framework to present functional prototypes of the cryptoexchange platform
member
Activity: 1834
Merit: 11
This SafeCrypt.IO project I really support the idea of ​​this project .. i see the project has a very promising prospect, a project that is very potential .. this project offers
"Cascade data encryption ensures security with the highest standards of information possible" I think this project deserves the support of the cryptotrader community..this will be a successful and big project ... i will follow the progress of this project, i am sure this project will get success
newbie
Activity: 70
Merit: 0
It would be nice to have a good alternative like that to huge cold wallets!
member
Activity: 210
Merit: 51
SafeCrypt.io Cryptoexchange || Get whitelisted!
is it clear how contributors will be paid back? once you have established how the project makes money, how does a contributor get some of it?

Dear MaoloSam, thank you for your question. Here is an excerpt from the Whitepaper about dividends and token repurchase (p.27):

Dividends

Once SafeCrypt exchange is fully functional, the major token holders will receive monthly dividends in accordance to the amount of tokens the investors hold. The dividends will be distributed monthly among the biggest token holders from the moment of SafeCrypt.io platform official release. The minimum amount of SFC tokens the stakeholder owns must be 1% of total token supply or more in order to receive dividends. The value for dividends is calculated from net operating surplus.

Thus, let's say that having generated $13,8mln of income from fees (calculated based on the Optimistic Prediction of 9.6% of market share, refer to p.26 of the Whitepaper), SafeCrypt.io has $10mln of net operating surplus. A stakeholder owning 1% of total SFC will gain dividends equal to $100000 each month ($100 thousand monthly).


Token Repurchase

Stage 1
SafeCrypt will initiate the repurchase process of the tokens sold during the crowdsale 6 months after the ICO is over at a price of 115% of the initial value in order to stabilize the market price and compensate for the sale bonuses. Every investor will be able to benefit at least 15% of their investment by simply selling the tokens on the market.

Stage 2
After the official release of the exchange platform SafeCrypt.io will initiate the second phase of token buy back at a rate of 200% of the initial token price. Note: The buyback process will guarantee the minimum token value on the secondary market and will enable the SFC token holders to benefit directly via trading.


Thus, to be eligible for dividends a contributor must hold 1% or more of the total amount of tokens issued. The dividends are paid in a form of ETH, BTC or other major cryptocurrencies directly to a contributor's wallet (by default, the ETH wallet address used by a contributor during registration). Note that all the unsold tokens will be burnt, therefore the 1% of total tokens left might be much less and with all additional bonuses investors will be able to save a lot. We remind you that up to 27.4% of the tokens will be available for the whitelisted backers. The special presale for those who get whitelisted will last for 24 hours only. Bonuses for early backers will be x3 of those available for the rest of the presale phase.

Hopefully that answers your question,

Thank you.
newbie
Activity: 26
Merit: 0
is it clear how contributors will be paid back? once you have established how the project makes money, how does a contributor get some of it?
newbie
Activity: 3
Merit: 0
This project has an amazing concept. The idea is very interesting. The whitepaper is also very detailed what gives me more trust in this project.
Looking forward to it
member
Activity: 210
Merit: 51
SafeCrypt.io Cryptoexchange || Get whitelisted!
The project looks good, also there is vast scope of development and a lot to achieve. Let me know if you need a Hindi translation for the Indian subcontinent.Maybe i could be of help.

Dear kshitij10,

Thank you for appreciating our project, we've done a lot and still have a long road ahead of us in terms of development. Regarding the translation, do you have proven experience in translations? If yes, please post it on our Bounty thread.

Kind regards!
member
Activity: 378
Merit: 35
The project really has a future.
"Cascade data encrypting ensures the highest-standard security of the information possible"
community cryptotrader should support!
member
Activity: 210
Merit: 51
SafeCrypt.io Cryptoexchange || Get whitelisted!
Dear Polkovnik78,

The current list of 44 cryptocurrencies accepted during the ICO stage will also be extended. The current version of SafeCrypt platform does not centralize the transactions data in any way, except storing the encrypted data in the database to ensure that each contributor receives the exact number of tokens he or she purchased during the presale or the main crowdsale stage.

The SFC token will be added to all major exchanges for the backers to be able to trade it and capitalize on its growth.

In order to join the project, get whitelisted on our website and make sure to have read the Whitepaper first.

Thank you for your question.
newbie
Activity: 70
Merit: 0
This a really welcome addition to crypto world considering the amount of recent hacking attacks.
full member
Activity: 340
Merit: 111
member
Activity: 210
Merit: 51
SafeCrypt.io Cryptoexchange || Get whitelisted!
member
Activity: 81
Merit: 10
There are already a large number of exchanges available in the crypto market. What makes you believe that yours will do a better service to this community? And how will you guys achieve this?
member
Activity: 210
Merit: 51
SafeCrypt.io Cryptoexchange || Get whitelisted!
Does the platform have any other features?

Dear Rolffkaisers,

We have added a list of upcoming updates to our Whitepaper (pp. 32-33):

Smart trading notifications system

This feature allows users to create complex custom rules for the notifications to pop up. For instance, you want to exchange your Bitcoin to Ripple when relative "buy" price for Ripple reaches a certain value; as soon as the condition is met you will receive a notification:

- push notification for SafeCrypt.io mobile app;
- browser notification for the web version;
- text message or email notififaction as an option (set by user).

It works as a substitute for placing orders on regular exchange platforms but with no requirement for the assets to be stored within the platform, thus lowering the risks for our traders to zero.


Customizable news or signals aggregator


This feature will be added by popular request. Traders will be able to set up a custom news feed to monitor all important events and trends signaling for potential changes in exchange rates of selected cryptocurrencies.

The feed will allow our traders to stay tuned with crypto market's fluctuations and react promptly and accordingly. A list of available sources of news will include:

1. External websites;
2. Social networks (Twitter and Facebook);
3. Telegram channels;
4. Other sources (TBA).


Trading effectiveness analysis


An optional feature that will analyze the effectiveness of previous trading operations performed by user. It will act as user's personal stats log which can be analized to improve the user's trading methods and overall effectiveness.

This feature will be customizable and is disabled (no logging) by default.

Cryptocurrency mixing functionality

The cryptocurrency mixing is a feature for traders seeking maximum anonymity. The feaure is already
functional and includes:

1. multi cryptocurrency mixing
- traders will be able to exchange BTC to ETH, Ripple and other cryptocurrencies or ERC20 tokens in specified proportions;

2. delayed transactions
 - time delays can be set up by a trader for each transaction (example: send 20%
of my ETH in 50 minutes and the remaining 80% two hours later).

As we were advised by our legal consultants, the mixing functionality is a controversial topic and we will
either create a mirror for the platform to make it available for our traders or will limit it to non-controversial functionalities.
SafeCrypt.io strives for maximum security and anonymity for crypto traders and we will put all reasonable efforts to have this feature available for everyone using SafeCrypt.io Cryptoexchange Platform.


Thank you for the question, hope you will find the answer exhaustive.

Kind regards.
newbie
Activity: 108
Merit: 0
Does the platform have any other features?
member
Activity: 210
Merit: 51
SafeCrypt.io Cryptoexchange || Get whitelisted!
what will happen with tokens that will not be sold out

Dear R1kmaruu,

All unsold tokens will be burnt, as well as the tokens that SafeCrypt.io will buy back on the secondary market to stabilize the token value. Please read more about the upcoming tokensale in our Whitepaper (pp. 22-32). Our economic model is designed to secure the SFC token value and ensure its continuous growth on the market.

Thank you for your interest!
newbie
Activity: 14
Merit: 0
what will happen with tokens that will not be sold out
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