Safein is a single digital purse based on block system, providing security, convenience and trust for our customers. By using Safein, users can easily show their true identity on the Internet, if necessary, make instant payments, and monitor the amount of their personal data provided to different providers.
Buying on the Internet usually leads to other accounts that do not need to be created in random online stores. Our solution allows users to register on new sites in a single click. No need to register or enter the same details again and again, we will send website data to you after you approve it.
Log in to the website anonymously. In our web or mobile app panel, you can view your entire activity history, including signups, signups, and payments. For sites that do not support anonymous login, you will also see data on each site that has access and the ability to complete access to this data.
After logging into the site using Safein, you can pay for items with a single click. You can save your money in a traditional currency or any cryptanalysis, Safein automatically converts your funds into trading currency. Since all payments are processed in the Safein system, payments will be instant and at very low cost.
Our platform is uniquely beneficial for both users and merchants. First, users will undoubtedly appreciate the end of repeat registrations, KYCs and password recoveries, replaced by instant access granted by our multi-factor authentication solution. Furthermore, not having redundant accounts provides greater security and data protection, both of which are valuable to any consumer. Finally, the ability to easily conduct payments in any chosen medium has long been desired by the market - Safein will also satisfy this need to allow afully seamless payment experience for all its users and merchants.
Merchants also benefit with our platform as Safein significantly reduces merchant costs for user onboarding and verification. Furthermore, Safein reduces transaction fees and can remove the problem of having to manage lost passwords for the customer support.Merchants also get easy access to crypto payments at one of the lowest commission fees in the market with a completely free identity verification tool. Moreover, merchants who possess Safein tokens in their wallet will be able to process payments with no commission.Our platform will also help them increase trust and user conversion rates as well as protect them from accidental breaches of increasingly complex data protection regulations and processes.
Safein marker function:
1. 100% free payment transactions for merchants who have Safein tokens
2. Monthly refunds to users who pay for Safein tokens
3. Input pool designed to encourage users and websites to use the Safein service more actively
4. Pool Registration, designed to reward new users
5. Pool Recommendations, designed to build the user base quickly
For users, Safein means:
1. No more registrations in multiple websites;
2. No more waiting to get KYC done for each site/ICO;
3. Trusted, convenient and quick payments in fiat and cryptos;
4. Enhanced privacy, cyber security and data protection;
5. Revolutionary referral program with token rewards.
For merchants, Safein brings:
1. Enhanced trust and increasing conversion rates;
2. Reduced customer support costs;
3. Free KYCs;
4. Lower cryptocurrency and fiat transaction costs;
5. Lower compliance costs and risk as well as buyer protection.
Safein benefits and application:
BENEFITS OF SAFEIN:
We believe that our services will be desirable by both merchants and users. By employing our services, users would benefit by from:
1. Being able to skip multiple time-consuming registration,s and gain access to any services immediately with no delays for identity verification or transfer of deposits;
2. The end of management and recovery of numerous user accounts with different passwords;
3. Ability to buy from a merchant offering the best prices or products rather than from the one user already has a verified account with;
4. Convenient one-stop shop for both, easy online access and payments;
5. Full and clear disclosure of what customer data is being passed on to websites;
6. Increased cybersecurity of their personal data;
7. Comfort that the company collecting their personal data (i.e. Safein) is trustworthy and will be able to protect it;
8. Significantly lower transaction fees as well as an ultra-convenient way to make payments in both fiat and cryptocurrencies;
9. Increased anonymity, and protection from unwelcomed data mining and spamming activities;
10. Ability to instruct chosen networks to cease collection of respective user’s data as well as delete the data collected on the user;
11. Cashback as well as further rewards for loyalty and use of our services.
GROWTH STRATEGY
Safein’s success is based on rapid growth of the user and merchant base. Safein won’t be successful if it’s not widely used. Given that imperative, one of the key project priorities is adapting every part of the project (including token model, marketing strategy, business strategy and technical development) for rapid growth of user and merchant base. Safein’s token model is designed to incentivize users and merchants to use Safein as much as possible.visit https://www.safein.com/ more infoermation.
The Safein team will use different strategies tailored for users and merchants. Our user base growth strategy initially relies on the Referral Program. This strategy was actively used by PayPal, Airbnb, Dropbox and other companies which managed to achieve viral growth.Initial user base will be achieved by signing-up users during our ICO and then launching our referral campaign. 5% of the generated Safein tokens will be allocated to the Referral Program. With an initial critical mass of users registered during our ICO, our user base will grow exponentially. Starting active marketing campaigns in certain industries, as mentioned in previous sections, will allow us to demonstrate user benefit of having one single login for most popular websites. Similar example can be seen in the gaming industry, where Steam login is already extremely popular when it comes to websites where users don’t need to show their true identity or pay for goods.
M U L T I - F A C T O R A U T H E N T I C A T I O N M E C H A N I S M AND DIGITAL IDENTITY MANAGEMENT
Security must be a primary focus while managing your identity and wallet online. Safein will have a multi-factor authentication mechanism implemented from the very beginning. While integrating Safein, each merchant will be able to choose a minimum security level that he requires from its users. For example, merchants can ask that all logins to the merchant’s website and all payments must be confirmed by user on his mobile device - i.e. (i) a push notification shows up, (ii) user must identify himself via pin code or fingerprint on his mobile Safein app and (iii) approve login or purchase. User (in his panel) can also enhance general security levels for each website individually. For example, even if a specific website does not require mobile device confirmation for website login, a user can always enhance his security level by enabling that requirement himself.
With Safein, users will not only be able to fully control their logins and actions, but track and manage them as well. Users will be able to see their full activity history, including logins and payments, track their used devices, manage current active login sessions and cancel them at any time. Users will also be able to easily check which website has access to certain data. Most of the functionality related to identity management is already available in the MVP.
DIGITAL WALLET AND PAYMENTS
Safein is planning to be a fully licenced EU electronic money institution with the ability to receive and process payments in full compliance with the law. Users will be able to hold their crypto and fiat currency in a single wallet as well as convert them from one to another.Major crypto currencies, including Bitcoin, Ethereum ERC20 tokens, and other popular cryptocurrencies will be supported. Currency exchange functionality, for crypto and fiat,will be standard for all currencies with 0.5% markup from the best available rate in the market. Having an EU electronic money institution (EMI) licence will allow Safein to connectto the SEPA network and give IBAN codes to all of our users. Having that available, Safein will be one step closer to becoming a standard instrument for daily use. Additionally, Safein plans to have payment cards linked to users’ accounts, so users will be able to use their Safein accounts daily both online and offline.visit https://www.safein.com/summary/safein_whitepaper.pdf
Standard Safein e-commerce commission for merchants will be 1%. Merchants who possess Safein tokens will be able to receive part of their payments free of any commission,and users who pay with Safein tokens will receive 0.25% cashback on every purchase. More on these Safein token benefits can be found in the “Token model” Section.
REFERRAL PROGRAM
Safein allocates 5% of its total token supply for its Referral Program. Users who invite their friends to register on Safein will be rewarded the same amount of Safein tokens that the new user is rewarded from the Registration Pool. For more details please see the Registration Pool section. Referred users will only entitle their friends to referral bonuses if they fulfill all of the below within 90 days from registration:
1. Fully verified account and identity;
2. At least $10 worth of crypto or fiat currency deposited;
3. At least $10 spent on goods or services.
About TOKEN SAFEIN (SFN)
The original SFN Token from the Safein network that provides users with 100% free payment for SFN holding merchants. Monthly cashback for paid users with Safein token. Enables users to use Login pool to provide Safein usage incentives among other websites. Pool Registration to reward new users and referral pools to grow the user base quickly.
Safein TGE is set to air on April 25th. With TGE 4000 ETH softcap and 12,500 ETH hardcap. Tariff for SFN token is 1 ETH = 7,000-9,000 SFN. Amanin will be held a bonus round and accordingly.
ICO
N.B.: all values indicated in ETH in this chapter are subject to change before the start of the
ICO in case of large fluctuations in market price of ETH.
ICO funds allocation
• Developing cryptocurrency wallet and payments functionality
• Obtaining the Electronic Money Institution licence
• Launching fiat deposits and merchant payments in EUR, GBP, USD
• Acquiring first 500 mid- to large-scale merchants
• Administrative, operational and staffing expenditures for 2 years
The Safein ICO will be distributing 10% of the total token supply to cover the below costs:
1. Further development of our product;
2. Crypto payments functionality;
3. Smart Contracts for Login Pool;
4. Safein payment solution with internal transaction processing system;
5. Acquiring EMI licence;
6. Onboarding at least 500 merchants;
7. ICO expenses and marketing
Token Model
1. Free payment processing for merchants holding SFN
2. Each activity of Safein users rewarded with SFN
3. User base growth incentivized with generous referral rewards in SFN
Safein token features
• 100% free payments for merchants who possess Safein tokens
• Monthly cashbacks for users paying with Safein tokens
• Login Pool to incentivize Safein use among users and websites
• Registration Pool to reward new users
• Referral Pool to grow user base rapidly
More information please visit the link below:
Website : https://www.safein.com/
Whitepaper : https://www.safein.com/summary/safein_whitepaper.pdf
Facebook : https://www.facebook.com/safeincom/
Twitter : https://twitter.com/safeincom
Telegram : https://t.me/safeincom
Ann Thread : https://bitcointalk.org/index.php?topic=2903156.0
Username Bitcointalk : viarathel
Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1275057
ETH : 0x354B4485f6133537148382d7022Be1b3c98Dbf95
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