Website

SAFeth (SAF)

ICO

Last updated: Jul 08, 2019

An erc-20 token that functions privately and will interact with safex wallet lock function and provide contract based collateral-funded consumer lending and self-paying off loans.

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Overview

Project industry	Finance Services & Banking
Product type	Cryptocurrency
Whitepaper	Open

Bounty program

Technical details

12 million tokens TOTAL – minus 10% for Development 1 million will be sold during the Pre-Sale with a 30% bonus 1 million will be sold during the Main Sale with a 10% bonus. Each year we will AIRDROP Loyal Token Holders and increasing amount of SAF 1st & 2nd years .5 million airdropped , 3rd &4th years 1.50 million airdropped, 5th & 6th years will airdrop 1.25 million, 7th and 8th years 800,000 SAF airdropped The airdrop of tokens may come quarterly.

What is SAFeth

he long-term goal of SAF token is to provide consumer loans and crypto-commerce on the blockchain, through a proven and well established safeXmarket.io as well as the safex title market found via the Safex app. SAFeth will be aiming to provide long and short term lending using collateralized crypto asset Safex token. The lending terms and length of duration will depend on the individuals collateral as well as how much SAF token is indebted against the Safex tokens. The individuals loans will bear different interest rates depending also on the same criteria of loan duration as well as the amount of collateral secured. The loans themselves due to the nature of the Safex token and Safex marketplace will introduce to a new type of collateralized lending known as self paying off lending whereas the asset secured has a built in dividends feature known as safex cash allows to re-compensate itself back in a controlled manner. Thus ensuring ALL lending will be payed back with interest on time always. This environment can also allow, due its nature to lend out more SAF tokens in USD than asset Safex token secured in USD. The highly creative technology has changed e-commerce into crypto-commerce very effectively so that we can create NO RISK HASSLE FREE PAYMENT FREE LENDING on the blockchain to all consumers. We will provide a web based platform for the locking in of Safex tokens to our clients that allows them at will to lock in their safex tokens and designates safexmarket.io as the payee of the Safex Cash until loans terms have been satisfied

Mission

safexmarket.io mission is to provide the customer with consumer lending that is needed to facilitate leveraged collateral based credit. The market will exist to attract and maintain customers it will provide discount when shopping and create crypto-commerce. When it adheres to this maxim, everything else will fall into place. SAFeth tokens will exceed the expectations of its customers. The token will also work towards the development of creating the first ghosted transactions on the ethereum network over the long term.

Keys to Success

Excellent customer service to encourage client retention

High quality team of developers and programmers to create the lending platform.

Adherence to all local laws and regulations involving the lending of cryptocurrency.

Establish SAFeth token as a leader in lending through leveraged consumer lending.

Ensuring the privacy of ALL clients.

Maintaining security of the ALL assets.

Benefits for Consumers

Consumers are defined as individuals or organizations that purchase products on safeXmarket.io via crypto-comnmerce on the marketplace. In the future, this will be extended to other future crypto-commerce marketplaces. Through SAFeth Platform, consumers will have access to a wide variety of consumer lending packages.

to:

Use for consumer shopping on safeXmarketplace.io

Accommodate consumer to that need credit and can lock in safex tokens and leave

locked in until the loan has been repayed.

Purchase good and services on the safexmarketplace.io at discounts.

Trade for discounts on the safexmarket exchange.

Create hassle free payment free collateralized loans with ease.

Benefits for Sellers

Sellers are defined as individuals or organizations that offer goods or services for sale on safexmarketplace.com in crypto-commerce.

In the future, this will be extended to safexmarketplace.com crypto-commerce marketplace. By being a seller on the safex market application it will benefits sellers to be able to use SAF tokens to loans against safex to expand business at a faster rate as well as take care of unexpected expenses.

To gain access to thousands in loans.

Sellers earn SAF Token (SAF) for referring consumers from SafeXmarket.io for every successful loan taken on their referral link.

Lending Process

The lending process will take place on our web based platform at safeXmarket.io that will eventually reach into a decentralized lending application that will be automated to provide consumer and business loans at the click of the button.

Safex Tokens are sent to our wallets at safeXmarket.io. Once received you will have the option choosing between several loan packages created upon different tiers of interest rates and duration of loan.

Loans duration may be subject to change due to the nature of Safex token and the Safex Cash dividends. An individuals dividends, may pay off the loans earlier than expectations. In this case the Safex token shall be released early and will be available for withdraw or for use towards another loan.

Loans will be limited per customer per account. Loans limitations will start off at one per verified customer thus we will implement a KYC on ALL lending accounts this doesn't mean you will only be able to shop after a KYC, in fact you can already shop now without KYC on safeXmarket.io.

We are introducing consumer based lending on the blockchain and will be advancing with a decentralized application for both consumer loans and further extending eventually to accommodate business loans as well.

Often times consumers are denied loans from banks and credit card companies especially for consumer credit.

SAFeth will create bath a centralized & decentralized ethereum erc-20 based lending platform that will automate payments and lending for everyone.

Details

Pre-sales: Nov 07, 2018 - Nov 30, 2018
Public sales: Dec 01, 2018 - Jan 31, 2019
Pre-sale token supply: 1,000,000 ETH
Token supply: 1,000,000 ETH
Total tokens for sale: 2,000,000 ETH
Soft cap: 500 ETH
Hard cap: 1300 ETH

Legal

Blockchain Platform: Ethereum
Registration year: 2018

Office address: po box 9562 pueblo co 81008

Bounty

Social media: 75
Other: 25

Token info

Ticker: SAF
Type: Cryptocurrency
Token standard: ERC20
Token price in USD: 1 SAF = 0.15 USD
Accepted currencies: ETH
Token distribution:
20% - pre sale/ico
10% - development
45% - loans
25% - development