SafeCapital priceSCAP
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- Total supply
- 2.11M SCAP
- Circulating supply
- 1.85M SCAP
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About SafeCapital
What is SafeCapital?
SafeCapital is a cryptocurrency that operates within a broader ecosystem, designed to enhance safety, security, and privacy for its users. This ecosystem includes several components such as SafeChat, SafeBridge, and SafeTrade, each serving a unique purpose within the digital currency space. SafeChat offers an open-source video conferencing solution, SafeBridge acts as a decentralized cryptocurrency bridge, and SafeTrade provides a secure platform for cryptocurrency exchange.
As a proof of stake cryptocurrency, SafeCapital encourages users to participate in staking, offering them opportunities to earn rewards by holding and supporting the network. This aspect of SafeCapital is part of its appeal, as it not only promotes network security but also offers users a way to potentially increase their holdings through active participation in the network's operations.
Launched on November 11, 2019, SafeCapital has expanded its vision beyond the typical cryptocurrency model. It has introduced a unique masternode structure that not only supports the network but also offers staking rewards and collateral locking, enhancing the security and stability of the network. This structure is part of SafeCapital's broader goal to create a DeFi ecosystem that integrates various investment modules, including a scalable exchange, an Initial Exchange Offering (IEO) platform for crowdfunding, and a marketplace for buying and selling traditional stocks and commodities. Additionally, SafeCapital aims to incorporate a charity module, further diversifying its ecosystem and offering users a wide range of functionalities.
SafeCapital's ambition extends into the real estate market, positioning itself as a private investments firm specializing in profitable ventures. This strategic move indicates SafeCapital's commitment to exploring diverse investment opportunities, thereby potentially offering its users and investors a broader spectrum of investment options within its ecosystem.
Before considering investment in cryptocurrencies or specific projects like SafeCapital, it's crucial to conduct thorough research. Cryptocurrencies can be volatile and investing in them involves risk. It's important to understand the project's fundamentals, the technology behind it, and its potential impact on the market.
How is SafeCapital secured?
SafeCapital employs multiple layers of security to ensure the safety and integrity of its ecosystem. At its core, SafeCapital utilizes blockchain technology, a decentralized and distributed ledger that records all transactions across a network of computers. This technology enhances security and transparency, making it difficult for unauthorized parties to alter transaction data.
The platform also incorporates the CryptoNight Algorithm, a proof-of-work hashing algorithm designed to ensure fair access to mining capabilities. This algorithm plays a crucial role in securing the network and validating transactions, further bolstering the platform's security framework.
In addition to these foundational security measures, SafeCapital emphasizes the importance of personal security practices. Users are advised to back up their wallet keys and store them in a secure location to prevent unauthorized access and potential loss of assets.
SafeCapital's security strategy extends beyond technical measures. The platform employs reputable staking platforms, which are instrumental in securing the network and validating transactions. These platforms are carefully selected based on their reliability and security standards.
Encryption and Two-Factor Authentication (2FA) are also integral components of SafeCapital's security approach. Encryption protects data transmitted across the platform, while 2FA adds an extra layer of security by requiring users to provide two forms of identification before accessing their accounts.
Furthermore, SafeCapital places a strong emphasis on risk assessment. The platform offers quantitative risk assessments in financial terms, helping users understand the potential risks associated with their investments. This proactive approach to risk management is critical in maintaining a secure investment environment.
Launched on November 11, 2019, SafeCapital aims to create a comprehensive ecosystem that includes a secure and scalable exchange, an Initial Exchange Offering (IEO) platform for crowdfunding, a marketplace for buying and selling traditional stocks and commodities, and an integrated charity module, among other features. This ambitious vision underscores the platform's commitment to security, scalability, and user empowerment.
As with any investment, it's important for users to conduct their own research and consider the inherent risks before investing in cryptocurrencies or related platforms.
How will SafeCapital be used?
SafeCapital is designed as a proof of stake cryptocurrency, emphasizing the importance of safety and security within its ecosystem. This digital currency serves multiple purposes, catering to the needs of its community and beyond. It facilitates transactions within community-driven projects like SafeChat and SafeBridge, highlighting its utility in fostering secure communication and bridging various digital assets.
Moreover, SafeCapital extends its utility to the financial realm, particularly appealing to startups and early-stage ventures. It offers a streamlined and standardized investment agreement process, making it an attractive option for businesses seeking pre-seed or seed funding without immediately determining valuation or issuing equity. This feature simplifies the investment process, allowing startups to focus on growth and development without the complexities of traditional funding mechanisms.
Launched on November 11, 2019, SafeCapital aims to consolidate investment modules within a single ecosystem. This ecosystem is designed to support a secure and scalable exchange, an Initial Exchange Offering (IEO) platform for crowdfunding, and a marketplace for buying and selling traditional stocks and commodities. Additionally, it incorporates an integrated charity module, further expanding its use cases and demonstrating its commitment to social responsibility.
SafeCapital can be acquired on SafeTrade and various decentralized exchanges (DEXs), providing accessibility to users interested in participating in its ecosystem. Whether for securing communications, facilitating investments, or contributing to community and charitable projects, SafeCapital offers a versatile platform for users and investors alike.
It's important for individuals to conduct thorough research and consider their investment goals and risk tolerance before engaging with any cryptocurrency, including SafeCapital.
What key events have there been for SafeCapital?
SafeCapital has undergone several significant milestones since its inception, reflecting its development and growth within the cryptocurrency and blockchain sector. Initially, the project laid a solid foundation by establishing a legal framework that aligns with international regulatory standards. This step was crucial for ensuring compliance and building trust with users and investors.
Further validating its business model, SafeCapital successfully raised $600,000 in a Seed Round. This funding came from individual investors and Big Brain Holdings, showcasing confidence in the project's potential and its ability to execute its vision. Such financial backing is vital for early-stage projects to scale operations, enhance technology, and expand their user base.
The protocol's full development and deployment mark another key event in SafeCapital's journey. Having a fully functional protocol is essential for any blockchain project, as it demonstrates the project's transition from concept to reality. Moreover, the security and functionality of its smart contracts were audited by Hacken, ensuring that the protocol meets high standards of security and reliability. This audit is a critical step for safeguarding user assets and maintaining trust within the community.
Despite these achievements, SafeCapital has faced challenges, such as a recent decline in price and the need to maintain positive sentiment among its community and potential investors. The project is listed on multiple exchanges, increasing its accessibility to a broader audience.
Launched on November 11, 2019, SafeCapital's ambition is to create a comprehensive ecosystem that encompasses various investment modules. This ecosystem aims to include a secure and scalable exchange, an Initial Exchange Offering (IEO) platform for crowdfunding, a marketplace for buying and selling traditional stocks and commodities, and an integrated charity module, among other features.
These developments and offerings illustrate SafeCapital's commitment to providing a diverse and secure platform for its users, despite the fluctuations and challenges inherent in the cryptocurrency market. As with any investment in the crypto space, potential investors should conduct thorough research to understand the risks and opportunities associated with SafeCapital.