SafeCrypt.io is a cryptoe xchange platform which is fail-safe by design. We expect to capture up to 9.6% of the cryptoexchange market share which already shows more than $500bln capitalization. The platform is being based on the most secure model so far — SafeCrypt.io does not oblige you to store your assets within the platform in order to perform crypto-trading operations which prevents any chance for the traders to lose their crypto assets. A total of 850 000 BTC disappeared along with mt.Gox, more than $400 mln with Coincheck. We are designing a fail-safe platform to prevent such disasters from reoccurring and stabilize the crypto-market. The main premise of SafeCrypt.io is to provide a zero-risk full-spectrum crypto-trading functionality and complete anonymity for the traders.
It takes less than 24 seconds for the trader to receive the desired cryptoasset.
Large Selection of Cryptoassets
More than 44 cryptocurrencies are already being accepted and hundreds yet to be added.
SafeCrypt.io is fail-safe by design. Traders retain control over their assets at all time.
Cascade data encrypting ensures the highest-standard security of the information possible.
Trader Oriented Design
A intuitive and easy-to-use multifunctional user interface is designed to satisfy the traders.
Secure Cloud Environment
Temporarily storing transaction metadata ensures that every order is processed perfectly.
Very necessary product!
Not bad team, but there are no Advisors - 4
Vision and idea - 5
Product - 5 (the product is ready)
The advisor board is good but the team (according to their Linkedin profiles) does not have proper experience. The whitepaper lacks marketing and business planning. Competitive analysis is really needed here assuming how many competitors exist already. I dont see the link to the MVP in the profile below. I can improve my rating after clarification
Great project! Good luck guys!
Thanks for updates I changed my rating
Nice project but need good advisor on team ... if you added some good advisor I will change my rating
SafeCrypt identified a need and solution within the industry at an early stage. This product is one of the most important real world use cases of block blockchain technology within the industry right now. There are many competitors, so other than quality product development, success will be attained by creating market acceptance of their platform/product.
Love the name and this has potential.
Best of luck to the team!
This looks a strong team and they have really thought about the product , cost to market and how to send the funding. I have spoken to the team about my concerns about it being security in nature and they are taking that on board. the marekt for his type of product is both huge and competitive which I like as the best will survive and I think tehse guys have a good chance
Great vision and well written whitepaper, will be interested to see how this platform grows.
We need more of these, good concept!
What is the difference between existing crypto exchanges?
How do you compare with bancor, kyber and Liquid?
Update on rating: I am changing my rating after discussion with safecrytp team. Team has motivation of providing safe and secure crypto exchange. Best of luck.
Atomic Swaps and Decentralized Exchanges (DEX) are already on the market. I don't see the reason why this exchange is needed. The market is transitioning toward hybrid and decentralized exchanges so that individuals maintain private keys to their wallets and coins instead of keeping it on centralized exchanges. This is a very crowded and competitive space that already has well backed, well coached teams like Kybernetwork, Omisego, Binance is even working on decentralizing their exchange platform. Your roadmap shows a closed beta and some open beta testing set for later this year spanning into 2019. Others will have full functioning DEX and HEX platforms by the time you release your beta.
The competition is heavy
Whitepaper needs work as well. Not technical enough about the technology being used. Very marketable, but too much news, media images, the token sale agreement should not be in the whitepaper. Page 43 to the end should be removed. You can use one or two pages for credits, acknowledgements, and resources used. You don't need 10 pages for that.
Best of luck though!
Nice concept and plans as well as the team. Hope to see operating MVP
Their website is down for now, so no way to check how the product works or the whitepaper. But the vision is obviously great!
Checked the whitepaper, which is well explained. Good luck to the team!
Team, vision and product are all good. Not perfect, and one major concern makes me lower the rates, since it affects each of the evaluated aspects and is a result of them all: there are emphasis on a marketing in all the ICO materials, and the tech side looks relatively neglected and shady. And marketing, therefore, in many cases has a BS smell (e.g. almost no projection has any verifiable basis and the existing competition scope is not disclosed with justice). That often leads to an early flop for the majority of ICO investors.
I agree with what Ben Randall says
*Please see my profile for disclosures
Strong team and advisors. Great vision too. However, I would like to see a clear comparison table with the main crypto Exchanges in the market. Good luck to the team!
Team: Very good team, everyone seems to be professionals with a lot of experience. Advisory team looks extremely good.
Vision: I love the vision, crypto-trading industry needs more security before becoming fully mainstream. Regular people does not want to risk losing their money to hacking.
Product: Product seems to be ready to go, but there is a lot of competition. We will see if they are able to secure good position on the market
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