Homework task 6 by professor @besticofinder SafePal (SFP)

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Hi there, here I will be completing another interesting homework task by professor @besticofinder How to choose a crypto-investment token.

about SafePal

Safepal SFP is ranked #233 base on coinmarketcap it was launched in early 2018 and its token listing earlier this year and has a market cap of $284,634,721.41 its market volume has been increasing daily with listing in multiple exchange platforms.

Circulating Supply108,166,667
SFPTotal Supply500,000,000
SFPMax Supply500,000,000 SFP
Data Source

An interesting part was I bought these token at an early stage when It was below $1 and today it's trading above $2.5 which was why I decided to make my market analysis about these interesting tokens.

The hardware producing company was launched in 2018 with serving users base case of over 100+ countries it's also backed by binance exchange.

It's powers four major core component

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SafePal wallet with hardware wallet provided for the masses in other to securely protect their asset there is also available software wallet which can be accessed from mobile play store and app stores.

SafePal wealth it's an asset management system that enables its users to buy, trade seal crypto-asset using the dapp tool frictionlessly.

SFP token governs the management of the SafePal platform where users can buy, hold and trade the platform token.

Ecosystem these component consist of a group of partner that supports the growth of the company.

value proposition

security which is one of the fundamental users demand management of assets, with SafePal technology these have been made possible.

Mission

The sole aim of SafePal is to secure users' assets and help them grow better crypto wealth.

Provide users with a safe offline secure hardware wallet for the decentralized open-source use case.

product

SafePal provides users, with hardware wallets and accessories.

SafePal S1 Hardware Wallet

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The price range of $39 built with an advanced security scheme, it's is mobile friendly.

partnership

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Binance is known to be one of the major supporting platforms which integrated most of its platform activities into the hardware app users can get access to binance dapp directly from SafePal hardware other supporting platforms include Uniswap, Dash, ripple, etc.

To access SafePal whitepaper click here

Team

Anthony Morrissey is the present CEO of SafePal

[Linkedin profile](https://ie.linkedin.com/in/anthony-morrissey-b6572115#:~:text=Anthony%20Morrissey%20-%20Co-Founder%20CEO, %7C%20CIO%20-%20SafePal%20App%20%7C%20LinkedIn)

Final take
SafePal has been growing and increasing on the verge and more growth and integration are yet to be seen on the platform currently the SFP token is listed on various exchange platforms for trading activities I believe this project has good potential shortly as it has already started.