Jammu And Kashmir Headlines

Safe Funds Protocol Revolutionizing Blockchains Idea with Enormous Potentials

 Breaking News
  • No posts were found

Safe Funds Protocol Revolutionizing Blockchains Idea with Enormous Potentials

March 08
05:08 2022
SAFEFUNDS is one of DeFi’s first true decentralized VC funds and is here to help long-term investors make a steady profit, the protocol designed to take away the power of whales voting and reduce selling.

SAFE FUNDS is a platform that acts like any world government with people paying taxes and benefiting in return from voting privileges on an investment funds that will reward them through profit returns. The system is called Government Capital Venture Funds (GCVF) and it’s designed to reward long-term users, almost like a 401K retirement plan.

The team mission is to build a foundation of trust, transparency, and democracy to create wealth for our community.

The platform is currently in the private sale phase and soon will be moving to the presale phase, where investors will get a chance of getting a whitelist spot for the presale.

MULTI-BLOCKCHAIN FUNDS

Safe Funds protocol is currently launched on Binance Smart Chain (BSC), the protocol plans on launching on many other protocols in the soon future such as (ETH FTM MATIC OKT AVAX CELO MOVR CRO VLX IOTX SBCH, and many more) to capture more investors from different blockchains.

The idea behind the expansion is intelligent, easy, and doesn’t require much programming, token wrapping, or bridging.

COMMUNITY VOTING

Safe Funds protocol’s primary goal is the community decision-making “FROM THE COMMUNITY, BY THE COMMUNITY, TO THE COMMUNITY.” The team has already finished setting up a space on snapshot.org with a unique ENS “safefunds.app” where all the future community voting will occur. The reason behind selecting snapshot.org is the ZERO fees associated with every vote. Also, the team has developed an ANTI-WHALES democracy voting system where every investor who holds a certain amount of SFUNDS will be able to cast a single vote only no matter how many tokens they have.

INVESTMENTS AND PROFIT

The team will vote on the top 10 projects/tokens to invest in from the fund’s wallet, and the community will vote on the top 3.

Once the team and community see a profit from one of the investments, the group decides to sell some of that project investment based on the project’s future.

60% of the profit will be used for the buyback and burn. And the other 40% will go back to the vcFundsWallet for the next cycle of investments.

UNIQUE NFT’s

NFT’s concept will be another UNIQUE aspect of our project. The protocol will issue ONE UNIQUE NFT every 30 days, and those NFTs will be auctioned and sold; the profit from the auctioned NFTs will go to the investment wallet.

Those NFTs are to sell at a high price due to rarity, and every wallet that holds an NFT will get a spot in a monthly lottery system where the winner will receive 1% of the income that comes into the DEV Wallet from that month.

The community will get a chance of winning FREE NFTs every 90 days for long-term holders. That will most likely encourage people to hold their investments for long times, which in return help the price rise and stabilize.

BRIGHT FUTURE & HUGE DREAMS

Four of the main goals that the protocol will try to accomplish are:

  • UNIVERSAL SAFE FUNDS BLOCKCHAIN:  A protocol that handles wrapping and swapping between blockchains efficiently with small fees that goes into the investment funds.
  • SAFE FUNDS V2.0:  V2.0 is an updated protocol that takes a portion of the fund’s profit and rewards holders with dividends based on the time and amount of SFUNDS they are holding.
  • LAUNCHPADE: A future plan on the roadmap that includes launching a launchpad that automatically advertise and find investors, verify contracts and KYC teams on that launchpad, all within a few clicks.
  • CRYPTO TYPE 401K RETIREMENT FUNDS: just like every retirement plan, wallets will keep on depositing some MONEY into the funds on conditions (5 years, 10 years, 15 years, etc..) with a minimum guaranteed profits to be visible on the website, realistic and anonymous.

Safe Funds Links:

Media Contact
Company Name: SafeFunds
Contact Person: Media Relations
Email: Send Email
Country: United States
Website: https://safefunds.io