SAFINUS - Review

funkyies (0)(1)in #blockchain • 6 years ago

Hello to all and welcome to my ICO review . For those of you who don't know me yet, let me introduce myself. My name is Funke and I'm an experienced writer who enjoys what he does very much. I'm here to give you all the information you might need or want about The Revolutionary For Investments in Cryptocurrencies and ICOs. I plan to make them “easy read, to the point” because what's important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.

Today, let us all learn and experience together all about SAFINUS. If you don't know anything about them, don't run away, that's why I'm here, to change that within the next few minutes. Before I begin, I just want to quickly mention that I will be including LINKS so that YOU can do your own research or whatever you feel you need. I feel it's best to have all of the information in one place, in an organised manner, rather than dotted about the page making what you want hard to find or confusing. All these links will be put at the BOTTOM of this page to keep things easy.

Safinus is out to make investments in cryptoassets available to a broad audience of new entrants while allowing professional market participants to significantly increase their amount of managed assets and profits. The main objectives of Safinus is to create a fully decentralized exchange, which can allow traders to trade cryptocurrencies with full confidence that their invested capital will always be safe.

The Mission

To make highly profitable investments in cryptoassets available to a broad audience of new entrants while allowing professional market participants to significantly increase their amount of managed assets and profits.

The exchange will be developed through 3 stages:

During the first stage, A traditional centralized exchange with the ability to connect with the API’s of other exchanges will be created.

During the second stage, a hybrid system will be created. Ethereum based token exchanges will operate on the principles of a decentralized exchange, with the use of smart-contracts. Wherein, the exchange of different blockchains cryptocurrencies will function based on a traditional scheme. A partial transition of exchangeable assets into smart contracts will improve the security of the system.

During the third stage, a global decentralized exchange is planned, with support for cross-chain exchanges. This system will not be dependent on some controlling party, allowing investors and traders to feel 100% confident in the safety of their capital.

In order to implement the third stage, it is necessary to develop technology, which will grant the possibility of exchange operations involving various Blockchain networks, with the help of Ethereum smart-contracts. Currently, there exist some technologies that allow for the realization of cross-chain functionality. The first option, would be to use Chain Relays, this technology is used by projects such as BTCRelay and ZecRelay. The second option, would be to use atomic transactions. Significant progress and results have been achieved by Project Alchemy and Altcoin Exchange through the use of this technology.

I am going to get straight to the point of who they are since this is such an important factor, as I like to put it, “The Brains behind SAFINUS”. If the team behind the product or service in question haven't the resources or knowledge, then we know the product or service delivered will possibly not have the quality it should have. We need to know two very important things when we look at a new starting up company:
Who are the people/team behind this?

What experience and knowledge do they possess?

Okay, so, because I've already done all the research needed beforehand and thoroughly SAFINUS I can very happily confirm that this company has a fabulous team onboard. Here they are:

THE PLATFORM

The Safinus platform is composed of the following key components:

Portfolio creation mechanism, which allows experienced investors (or funds) to create their cryptocurrency and ICO portfolios on the platform, and any (even the most inexperienced) investors to join a portfolio with his funds in just a few clicks.

Universal portfolio rating, that is created automatically through saved and verified Blockchain information regarding portfolio earnings.

Individual cryptoasset management mechanism, that allows professional traders to cater to large investors individually.

Voting system for adding cryptocurrencies and ICO, which allows only community and trader verified authentic cryptocurrencies and ICO’s to be added to the platform. It protects platform users from scams.

Mechanism for simultaneous trading on multiple exchanges through a single interface, which guarantees asset liquidity in portfolios.

The decentralized cryptocurrency exchange, which will replace centralized services and will allow assets to be controlled transparently, and with absolute security in the future.

Instruments for the automatization of cryptocurrency trade strategies and portfolio management.

PORTFOLIO MECHANISM

In order to launch a portfolio on the Safinus platform, a trader must have a minimum balance of 200 SAF tokens. Furthermore, the Safinus platform will take a 10% commission fee based on the profits a trader makes utilizing investor funds. The commission will be taken from the trader’s SAF balance.

ADVANTAGE OF SAFINUS PLATFORM

Increasing the amount of managed funds.

Globalization of activities.

Automated asset management strategies.

Ability for traders to provide proof of profitability to investors, improving their credibility and appeal.

Ability to setup asset management conditions that trader is comfortable with.

Portfolio diversification with fiat currencies and traditional stock market instruments.

There is no need to understand the operating mechanisms underlying the Blockchain, cryptocurrencies, and ICO’s.

Investors are faced with significantly smaller entry barriers.

Investors can verify that the earnings reported by a trader or fund are in fact authentic.

Zero chance of falling victim to fraudulent actions and fund allocations by traders or fund managers.

Every portfolio holds the trader’s funds as well. Therefore, motivating them to manage assets responsibly and proactively.

Investments only in authentic ICOs that have been approved and verified by the whole community of traders.

Investors can access their funds at any time.

THE SAF TOKEN

The SAF Token is a utility token that will be used to access the Safinus platform and pay commissions for the platform’s use.

Traders and funds buy SAF tokens upon registration. Following this, investment portfolios can be made on the platform by traders and funds in order to attract clients and investors.

All of the commissions of the Safinus platform will be taken in the form of SAF tokens.

Sale of SAF Tokens

Token Name: SAF

Platform: Ethereum

Token Standard: ERC 20

Hard Cap: 16 000 000

USD Price of One SAF During the ICO:1 USD

Regulations: No additional SAF tokens will be released after the ICO.

Frozen assets: Founders’ tokens are frozen for 1 year following the pre-ICO

TOKEN DISTRIBUTION