Review Safein ICO

in ico •  7 years ago 

How many different accounts on the web are you using? To buy a particular product, order a service, we sometimes have to spend time registering on this or that site. Of course, for many of us, the problem is not yet acute, but the speed of the development of the Internet and the transition of the sphere of services and trade to the Web allows us to say that the problem will be. So why not create the conditions for instant operations on a particular resource, without fear of saving personal data?
Safein is the real revolution in online payment technologies

I must say that the Safein platform can really be called unique, for all users, and even sellers. A simple user will be pleased with the fact that there will be no need to repeat registrations, there will be no need to restore forgotten passwords. The multi-factor solution of the platform for authentication will make it possible to avoid all this. The absence of redundant records is an additional security guarantee for any consumer.

Any seller will appreciate the reduction of additional costs, and the Safein system guarantees this. Transactional fees and trade costs will be reduced. Sellers working with the system will no longer face the problem of lost passwords and will not lose customers because of this. In addition, sellers will have easy access to crypto payments with support of low fees on the market with an absolutely free authentication tool. Sellers who have internal Safein tokens in their wallet will be able to count on payments without commissions. Also, importantly, the platform will be protected from accidental violations of cumbersome rules and help sellers improve their trust.

Access to sites in one click

Safein users will register and go to sites in one click. It will no longer be necessary to restore lost passwords. From now you you need only the approval that you agree with the rules of the system, and it will transmit data to the sites that you will visit.

Manage your data

You can be completely calm – with Safein you will always know what web sites know about you. Also, taking into account different preferences, you can configure both anonymous login into the system, as well as the input of any additional data that you are ready to provide. And you can block access to personal data in just one click. You can also monitor the entire history of actions, from registration and logging on, to payments on the site and in the mobile application.

Payment by phiatic means and crypto-currencies without much effort
Once you enter the Safein system, you can no longer provide any information. Working with the system, you can store your funds in any currency, because Safein can automatically convert funds and send them, in a convenient way to the seller. The internal transactions of the Safein system can be called instant, safe and cheap.

Single entry point

Before you start using Safein, the seller will have to choose which user data is needed and must be purchased, and which data is optional and can be omitted. The team will monitor this process, and advise the sellers whether their choice is consistent with these compatible data protection regimes. In addition, the user will be able to select, transfer or reject the transfer of unnecessary data to the seller, limiting them. Safein is trying to increase a generation of users who value the confidentiality of their personal data and do not share them with all by default. The same applies to sellers, as Safein tries to do everything possible without losing its competitive advantages, tracking applications of anonymous users.

How will the user data be protected in the system?
The architecture of the project solves many popular problems. The user will always have access to the information, which particular data system passes to a particular site. Any transfer of information is possible only with the express consent of the user. The seller has access to the user’s data only with the consent of the latter, which is given once and is canceled at the request of the user. So, the seller will not have to store data on their own using other secure servers and be aware of hacker attacks.

How is KYC handled?

The creators of the Safein project are currently in serious negotiations with one of the world’s leading providers of identity verification services. To ensure the effectiveness of high accuracy, the document verification algorithm is used, it works using AI. Extended audits will be introduced. How will this work? The user needs to consent to a specific set of rules (this will apply, for example, to exchanging some crypto currency). At least in the beginning, the Safein team will do a lot for security manually, so waiting periods will take up to several minutes. In general, if you compare the work of the project with other popular systems, the speed is relatively good. Moreover, such an operation will be conducted only once.

What kind of protection can the buyer expect?

The platform Safein will provide a mechanism for protecting the buyer for crypt payments. It will only be used if the goods have not been properly received by the buyer, or, of course, if the content does not correspond to the description. The creators of the project guarantee to the buyer the provision of tools for protection of accounts. As you can see, both the seller and the buyer will feel protected. The project support group will intervene in the interaction of participants in the system only if the seller and the buyer can not reach an agreement themselves.

Safein is a profitable advantage

Safein plans to introduce a standardization of cryptic payments on all Internet portals tied to e-commerce. To date, none of the major providers of payment services receives crypt payments. The Safein team plans to solve this problem in such a way: to allow users to pay for goods directly, thanks to their wallets, regardless of the currency in the account.

Roadmap

The concept of the project arose in the second quarter of 2017, and already in the fourth quarter of the same year the team presented MVP. In the first quarter of this year, an official whitepaper was introduced and preparations for the ICO began. At the same time, an automated identity check is introduced. The public release of the API / SDK is planned for the 3rd quarter of the year, then the system’s token will also be earned. In the 4th quarter, the project must go to full decentralization and will store evidence of verification on the detachment. The beginning of the 2019th will be marked by a significant expansion of functionality and capabilities.

Benefits of Safein

– For the growth of the user base, the project creators have opened a referral program whose active participants will have generous bonuses in the coins of the system;
– Owners of SFN sellers receive a guarantee for free processing of payments;
– Any fees for actions in the Safein system are paid in the SFN system tokens.

Site

What distinguishes the project among many others is a quality website. It is available in 8 world languages, including Russian and English. The link to registration in the whitelist is on the first screen, on the site you will find all the brief overview information about the project and the token, the details of the ICO, the project team.

Safein marker functions
– Guarantee for free payment transactions to sellers with Safein tokens;
– The input pool needed to stimulate users and websites to use Safein services is more active;
– Users who pay with Safein tokens will receive a refund every month;
– A recommended pool for rapid growth in the number of users;
– And, of course, the registration pool, thanks to which new users are rewarded.

The main team and advisers
The site lists 10 team members and 8 advisors. About each of them there is a short description, and links to the profile in linkedin.

Documentation

The site has a one-page presentation sheet and a whitepaper. Both documents have been translated into all languages ​​into which the site is translated. In English, the last one takes 38 pages. Basically, this is a text document, but a few block diagrams and diagrams help to quickly understand the intricacies of the project.

Bounty

In total, for Bounty are allocated 5 million SFN (equivalent to 350 thousand dollars), and distributed as follows:
– 20% is allocated on the subscriptions in bitcointalk;
– 5% share of campaign participants in Youtube;
– 10% is allocated for participation in Twitter;
– 35% content pool;
– 10% support pool in Facebook;
– 5% allocated to the Telegram campaign;
– 15% is allocated to the Whitepaper translation campaign and participation in the “ANN threads translation”.

Social networks

Project is rather popular in social networks. As of May 12, there are 10,152 subscribers on Telegram channel, 6881 on Twitter, 8365 on Facebook, 943 on youtube, reddit – 181, linkedin – 17. The project has an interesting blog in Medium.

SFN token

The Token is created on the Ethereum platform. You can buy tokens only for ETH, the minimum amount for investing is 0.1 ETH. During sales it will be possible for 1 ETH to purchase from 7 to 9 thousand SFN tokens. the address of the project is in the Republic of Lithuania.

Use of proceeds

The site contains 3 charts of the distribution of funds by year after the ICO. Share of Product Development & IT infrastructure will grow.

Hard cap – 12,5 thousand ETH ($ 21 000 000), Soft cap – 4 thousand ETH ($ 3 000 000).

Conclusion

The Safein platform is aimed at the full confidentiality of user data, as well as improvements in the process of buying and selling, while spending the minimum amount of time. By the way, the project has already included a modern MVP in its work, it is possible to assess the efficiency now, by tying it to a mobile device. The main advantage of Safein is the elimination of unnecessary KYC procedures and registration. Our attitude to the project is extremely positive.

More information:

Website: https://www.multiversum.io/
WhitePaper: https://www.multiversum.io/whitepaper/multiversum_eng_wp.pdf
Twitter: https://twitter.com/MultiversumBC
Facebook: https://www.facebook.com/MultiversumBlockchain/
Telegram: https://t.me/MultiversumOfficial

Author: ICOevents

bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1338776
https://www.facebook.com/matsvei.sidoryn
http://twitter.com/infocoins_io
https://t.me/infocoins_io
http://infocoins.io/ru/
https://bountyhive.io/r/infocoins

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Полезный проект. Спасибо за информацию.

Проект достоин внимания. Очень порадовала команда и реализация проекта. Думаю будущее у них есть. Спасибо за обзор

Interesting information in your review. I first learned about such a project.

конструктивный обзор, коротко и по делу. Спасибо автору!

nice review, thank you

great review! true style!

I really like projects idea

In truth, this project will be great! The team of this project excludes any doubts that are associated with it. Their ideas and the development trend will amaze with their grandeur! I love this project and I look to the implemetation of your product!

Good article! I'm interested in the them of ICO