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Safe Deal Project started from anonymous P2P exchange platform for coins, files & information powered by own SFD coin. Now Project has grown to an ecosystem aimed on building Dapps connecting classic coins with smart blockchains.
What is SAFE DEAL?
SAFE DEAL, introduced by a prominent startup accelerator in 2013, represents a cryptocurrency designed primarily for early-stage fundraising by startups. This digital currency, symbolized as SFD, plays a crucial role in the financial strategies of emerging companies, offering them a novel avenue for securing investment. With a circulating supply of approximately 34.2 million SFD, it has established itself within the cryptocurrency market.
The inception of SAFE DEAL marked the beginning of the Safe Deal Project, which initially focused on creating an anonymous peer-to-peer (P2P) exchange platform. This platform was envisioned as a space for the exchange of coins, files, and information, all facilitated by the SFD coin. Over time, the project has evolved significantly, expanding its scope to include the development of decentralized applications (Dapps). These Dapps aim to bridge the gap between traditional cryptocurrencies and smart blockchain technologies, fostering a more interconnected and efficient ecosystem.
The SAFE DEAL ecosystem is dedicated to enhancing the functionality and accessibility of blockchain technology. By focusing on the integration of classic coins with smart blockchains, it seeks to streamline transactions and interactions within the digital currency space. This approach not only benefits startups looking to fundraise but also contributes to the broader adoption and understanding of blockchain technology.
As with any investment in cryptocurrencies, it's important for individuals to conduct thorough research and consider the volatility and risks associated with digital currencies. The dynamic nature of the cryptocurrency market means that values can fluctuate, and investors should be prepared for the possibility of both gains and losses.
How is SAFE DEAL secured?
SAFE DEAL employs a multifaceted approach to ensure the security of its ecosystem, leveraging both technological and procedural safeguards. At the core of its security measures is the SFD Coin, which plays a pivotal role in the SAFE DEAL PROJECT ecosystem. This ecosystem relies on a combination of Proof of Stake (PoS) and Masternodes to not only secure the network but also to offer passive income opportunities for its users. The PoS mechanism encourages holding and staking of coins, which helps in validating transactions and securing the network, while Masternodes provide additional layers of security and facilitate features such as instant transactions and private transfers.
In addition to the blockchain-based security mechanisms, SAFE DEAL incorporates several other security measures to protect users' cryptocurrency assets. These include identity verification processes to prevent fraudulent activities, continuous transaction monitoring to detect suspicious behavior promptly, and robust encryption methods to safeguard sensitive information. Furthermore, the platform emphasizes the importance of secure storage solutions for cryptocurrency assets, advocating for the use of strong passwords and multi-factor authentication to enhance account security.
SAFE DEAL also places a high priority on educating its users about the potential risks associated with cryptocurrency transactions and the importance of conducting thorough research before engaging with any exchange platform. It advises users to select reputable exchanges and remain vigilant against scams and fraudulent activities prevalent in the cryptocurrency space.
By combining advanced blockchain security technologies with rigorous procedural safeguards and user education, SAFE DEAL aims to provide a secure and efficient environment for cryptocurrency transactions. This comprehensive security strategy underscores the project's commitment to protecting its users and fostering trust within its ecosystem.
How will SAFE DEAL be used?
SAFE DEAL is designed to serve as a pivotal component within the HAQQ ecosystem, focusing on enhancing compliance and security measures. This initiative is particularly tailored to ensure that all activities and transactions within the ecosystem strictly adhere to Shariah principles. By doing so, SAFE DEAL aims to foster a trustworthy and reliable environment, conducive for investments. This adherence to ethical and religious guidelines is crucial in attracting participants who prioritize investments aligned with their values.
In addition to its role within the HAQQ ecosystem, SAFE DEAL extends its utility to the broader sphere of investments, particularly in the domain of startups. It facilitates investments through Simple Agreements for Future Equity (SAFEs), a popular mechanism for early-stage investments. This approach allows investors to support startups with the potential for future equity in return, without immediately determining a specific valuation for the company. This flexibility makes SAFE DEAL an attractive option for investors looking to engage with startups.
Moreover, the SAFE DEAL Project originated as an anonymous peer-to-peer exchange platform, enabling the exchange of coins, files, and information. This foundation has evolved into a more expansive ecosystem aimed at bridging traditional coins with smart blockchains through the development of decentralized applications (Dapps). The use of its own SFD coin within this ecosystem underscores SAFE DEAL's commitment to leveraging blockchain technology for secure and efficient transactions.
By combining strict adherence to Shariah principles with innovative investment mechanisms and blockchain technology, SAFE DEAL is positioned as a multifaceted tool. It not only ensures a secure and compliant investment environment within the HAQQ ecosystem but also broadens its utility to support startups and facilitate the seamless exchange of digital assets.
What key events have there been for SAFE DEAL?
SAFE DEAL has experienced several significant milestones that have shaped its journey in the cryptocurrency and blockchain space. One of the notable developments is the introduction of Auction as a Service (AaaS), a feature that enhances the project's capabilities by offering a decentralized platform for auctioning assets. This innovation aligns with the broader trend of leveraging blockchain technology for secure and transparent auction processes.
Another key event for SAFE DEAL was the opening of a waiting list for interested parties. This move indicates growing interest and anticipation for what the project has to offer, reflecting its potential to attract a dedicated user base. It also suggests that the project is scaling and preparing to onboard more users, demonstrating its commitment to expanding its ecosystem.
Further developments include the project's engagement with the PlatON digital infrastructure, which signifies a step towards enhancing its technological foundation. This collaboration or integration points to SAFE DEAL's efforts to improve its offerings by leveraging advanced blockchain solutions.
Additionally, the project's alignment with the Monetary Authority of Singapore's expansion of asset tokenization initiatives highlights its involvement in broader industry trends. This engagement with regulatory and innovative landscapes indicates SAFE DEAL's ambition to be at the forefront of blockchain innovation, particularly in the area of tokenizing assets for increased accessibility and liquidity.
The SAFE DEAL project, initially starting as an anonymous peer-to-peer exchange platform for coins, files, and information powered by its own SFD coin, has evolved into a comprehensive ecosystem aimed at connecting classic coins with smart blockchains through the development of decentralized applications (Dapps). This evolution showcases the project's growth and its commitment to contributing to the blockchain and cryptocurrency sectors.
As with any investment in cryptocurrencies, it's important to conduct thorough research and consider the inherent risks and volatility in the market.
The live SAFE DEAL price today is $2.83 USD with a 24-hour trading volume of $28.25 USD. We update our SFD to USD price in real-time. SAFE DEAL is up 1.65% in the last 24 hours. The current CoinMarketCap ranking is #550, with a live market cap of $87,190,215 USD. It has a circulating supply of 30,763,893 SFD coins and the max. supply is not available.