Safein - ICO review

Juni 21, 2018

In short, users will be verified through Safein and will then be able to access all participating online providers. Safein recognizes that the success of the platform will require broad adoption in the target market and intends to start in the gaming community and in cryptography. They intend to use the registration and reference programs to encourage the acquisition of users while providing a low cost of the service, which will allow more suppliers to join the program. The growth of ecosystems is expected to cause interest from companies in other sectors, stimulating further growth.

The safe market

Safein has determined that most users prefer a single sign-on service, with Facebook and Google currently managing the package. Safein intends to extend the concepts provided by these and other identity providers and incorporate verifiable identities, addresses and other personal information. The potential market forecasts available for Safein are quite large, as they cover almost 90% of all Internet users.

The two main features of Safein from the user's point of view are comfort and safety. With a single identification that is used on many online providers, users will save time and frustration by reducing the friction found at this time by involving new sites and suppliers. Another feature, security, may not encourage the acquisition of users as important as convenience, but it will be very beneficial for online providers, as they can have access to as much information as necessary while at the same time reducing the costs associated with compliance, data protection and security, even this security will ultimately keep user involvement high,

Safein has determined the division of the market growth plan in the following phases:

- Participants who sell the SFN token will have the opportunity to register, providing an initial user base.

- Safein will work with ICO / ITO to provide identity verification systems, collecting more users from these sales.

- Approaching various cryptocurrency exchanges, bringing new users together in a relatively small market that is very easy to accept new technologies.

- Switch to the banking market. This sector is one of the most numerous and limited by documents currently found by average users. Reducing the barriers to change banks will allow agencies to expand their user base.

Token sicuro

This token (SFN token) will be the account unit in the ecosystem, used for payment for the Safein service, the registration program and the reference program. An online service provider will purchase services with this token, with an easy-to-use conversion system to allow providers to transfer fiat to SFN.

Details of ITO Safein

Supply of tobacco worth 1,000,000,000 (1 billion) Safein will be distributed as follows:

30% - ITO Safein

10% Distributed to teams and consultants, even if with key periods.

60% will be retained as a reserve company for the following purposes

: Registration Program: Tokens will be assigned to the first millions of users who complete the entire account verification process after registration begins.

Reference Programs - Users who invite friends and family to register completely will also receive an SFN token.

Bonus sales tokens -

Awareness of the "Bounty campaign"

Other growth activities

Safein indicated a soft hat of $ 3 million and $ 21 million of hard cap. Any unsold token on reaching the soft hat is returned to the Reserve Company. If the hat is not reached, all funds will be returned to investors.

Safein has a very ambitious goal, but their plan seems to be taking the right steps to go from point A to point B, which is reassuring. Their background and their research lead to a fairly high level of confidence in their gradual plans and in the target market. Identification of direction is difficult enough and costly enough for the organization, so the prospects of a blockchain-based identity management system that is not tied to a direct competitor such as Facebook or Google will be very interesting. These organizations will be able to see substantial savings and may become independent of companies that already have large footprints in many markets.

From the user's point of view, Safein may initially be more difficult to sell, but it seems to have a good chance of success. Users are already flooded with various methods and access systems, so marketing and messaging will be crucial to the success of Safein. If they manage to convince enough users to participate, the ecosystem should start growing exponentially. Plans to start in the cryptographic market itself seem quite intelligent, due to the extreme openness of the market to new technologies and methods. Growth must be organic as the first users come together and start acting as supporters of the system, bringing those who are less current users.

In addition, Safein has a prototype in Alpha conditions on their site. This allows users to create accounts, connect them to phones, and verify phone numbers and identities. Demo management website is also available at www.curonian.com , to provide users with an idea of how the activities and features of the account will be implemented. The presence of functional MVP is encouraging, as it shows that Safein has a deep understanding of the importance of customer experience and usability for systems targeting the average user.