SAFCOIN

PROGRESS & PROSPECTS

IN REVIEW (PROGRESS):

Since its deployment in 2018, safcoin’s achievement in the global market has been evident. It is difficult, almost impossible to ignore its prospects seeing the undeniable achievement thus far.

It is often said that if you really want to have a conviction on where something is headed, check its foundation.

Africa’s First proof of work coin has been a center of merchandising, utility, provision of Job opportunities and investments.

The purpose of this article is to further analyze the progress of this revolution on the global and local scale on a yearly basis.

LET’S DIVE IN.

THE JOURNEY THUS FAR;

2018

INITIAL COIN OFFERING: FHM, a block chain company issued an ICO (Initial coin offering) for 500,000 safcoin tokens, giving Africa an opportunity to invest in something fundamental and not just some cash grab scheme.

Africa literally missed out on lots of opportunities back in time from 2010, so when the opportunity presented itself, it was golden.

BLOCKCHAIN DEPLOYMENT: Safcoin went ahead to launch its decentralized mainnet, this was built using a scrypt algorithm; the safcoin exchange and safcoin wallet, which are available Android and IOS devices.

 On the 12th of December, 2018 the safcoin block chain went live.

2019

MINING LAUNCH: In 2019, Safcoin introduced a mining opportunity (plug and pay) to enable new, small and start up miners to earn passive income monthly by mining the coin.

This made people have the ability to begin a mining business with little or no previous knowledge on the mining business which equates to accessibility, job opportunities and ease.

Literally was safcoin is all about.

SAFPAY: In 2019, its ecosystem launched a secure payment gateway that facilitates transactions with little or no fees ad zero middlemen. This is literally a crypto to crypto payment gateway for easy facilitation of instant crypto payments.

More information on this can be gotten on the project’s whitepaper via this link https://www.safcoin.africa/

RECOGNITION: Western Cape government invited safcoin to discuss regulatory framework for Cryptocurrency and exchanges in South Africa.

2020

INTRODUCTION OF MOBIJOBS: A micro job platform (Africa’s first) that caters for cash out options local users use daily. This platform connects business and gig economy markets across Africa. MobiJobs facilitates crypto and fiat payment, making buying and selling faster and easier. This platform launched in 2020, and also helped and still helps in creation of Job opportunities and development of start up businesses.

Check out its market place on https://www.mobijobs.africa/

EXPANSION AND ADOPTION: Sometime in 2020, the influence of that safcoin had on the local market scale in South Africa left a great optimism which further drove adoption to other parts of Africa such as Nigeria and Uganda.

2021

CRYPTOVALLEY: Safcoin’s primary vision is to see in what ways the digital financial space can benefit Africa as a continent by using the various rewarding and effective ways to drive cryptocurrency adoption in Africa, and on that note the initiative of cryptovalley was birthed in 2021.

This is an ecommerce shopping platform that supports small vendors aimed at supporting local business. The platform being powered by safcoin and safpay allows users access to sell and buy products using cryptocurrency.

CENTRALIZED EXCHANGE LISTING: In September 2021, Safcoin was listed on the Hotbit exchange, making it the first South Africa digital currency to list internationally on one of the world’s leading cryptocurrency platforms.

THE CONTINENT’S PRIDE

The Exact words of Neil Ferreira (CEO, SAFCOIN ECOSYSTEM):

“Safcoin really is Africa’s pride. It has been amazing to watch our vision come to life and it keeps growing from strength to strength, connecting and empowering more Africans across the continent every day. There’s a lot more to cryptocurrencies that just profiting from it. People can be empowered, marketplaces opened, cross-border trade supported and social and economic growth stimulated. SAFCOIN was created to help people while also empowering them to help themselves”.

Undoubtedly, Safcoin’s wide range of services that transmit from block chain development, cryptocurrency analysis and trade to Ecommerce business model makes it one for the history books.

Having an understanding of the foundation of this project is very important but even more so knowing where the project is heading is quite consequential.

The just concluded AMA session with the CEO, Mr. Neil Ferreira, made us take future key notes and agendas to the prospect of this revolution.

IN ANTICIPATION (PPROSPECTS):

 Safcoin is on its way to collaborate with the flash group in South Africa that does about 25 million transactions monthly and SAFPAY will be embedded in its voucher.

 Partnership has been made with blockchainmarketer.com group and there’s a certain level of awareness growth over the past 2 weeks which signifies growth and positivity.

 Further exchange listings are on board as talks continue to cement these plans which results will soon be evident. One of these listings is a TIER ONE exchange.

 Also further discussions have been held with VCs to raise seed funding.

All of these and lots more (which cannot be said just yet) will be evident in little or no time.

Safcoin is ready to go explosive and with time you will be happy you were part of it.

SAFCOIN can be found on the following exchanges:

 Safcoin Exchange.

 Hotbit.

 Catex.

 P2PB2B.

SUMMARY: The purpose of this article was to make you see the progress and prospects of this awesome ecosystem and convince you to key in as early as you can.

One the principle of the “FIRST COME, FIRST SERVE” basis, I will employ, please get in time.

REFERENCES

coinpediia

Safcoin.africa

Sunday times Newspaper.

Safcoin.medium,com