Your review of the safe exchange coin safex enjin coinspot
You should always do your own research and draw your own colusions. I am just a guy on the internet and what my view of SAFEX coin is, might not be yours or other peoples views. The SAFEX project is very promising. When selecting a cryprocurrency there are several, important criteria one should look at one being the project must bring a solution to a real life problem/issue. SAFEX does this with the development of a decentralised marketplace. The SAFEX team actively communicates with their community to update where the project is in its development. See most recent weekly update Safex Development Update October 1, 2017 SAFEX can be be compared with holding shares in a company. The SAFEX holders will receive dividends over transactions made on the soon to be released Chille blockchain. Attached to the blockchain there will be currency called Chille. All SAFEX coins were released onto the market, so no mining. 2 billion coins have been released via an ICO. One can still purase coins via the website, but not for the prices during the ICO. The price has gone up since. As mentioned, attached to the SAFEX coin will be the Chille coin and the Chille blockchain. Chille coins will be mineable and will be the currency of the, later to be released, marketplace. All transactions done on the Chille blockchain will ea.rn dividend to SAFEX holders. On the SAFEX website https //safex a dividend calculator can be found to get an indication of the yearly returns once the marketplace is active. The roadmap for the SAFEX coin As one can see, the development for SAFEX is moving forward in a structured way. Also the roadmap shows the ambition of the project team when looking at the future decentralised storage. This project is going to be around for a long time. It doesnt reflect in the current price of the SAFEX coin yet, which is just over $0.01. This is a typical long term invtment coin. Once the Chille blockchain is up, I think we will see some upward price action. As soon as the marketplace is up and people actively start using it, SAFEX will receive its full attention deserved and grow towards its full potential. One feature added into the SAFEX coin, like share holders in a company, a voting system will be integrated where SAFEX holders can influence decisions to be made regarding the project. Think of block sizes, refresh rates, etc. The whitepaper will soon be released in where all of this will be captured. The road map for Chille blockchain The targets for the Chille blockchain and marketplace are running parallel to the further development of the SAFEX. Future outlook SAFEX is truly an ambitious project which wants to give a solution to a real life problem. The great Jack Ma CEO Alibaba has already mentioned several times before that the world needs a decentralised and anonymous marketplace. SAFEX will be providing this solution and gets the public one step closer to freedom. Where SAFEX coins are the share, Chille coins are the currency. Since the Chille coin is mineable, it will also increase in value and especially when the marketplace is up and running. I actually suspect that the Chille coin will exceed the value of the SAFEX coin in the early stages of the mining period. Since one doesnt require SAFEX to hold Chille coins, people could go for the increase in value of the Chille coins on shorter term invtments. When mining difficulties change and the effort to mine Chille coins increasingly becomes more expensive versus the effortless dividends to the SAFEX holders, SAFEX will become truly priceless. The SAFEX coin truly is the Hold On for Dear Life coin. Great invtment for the long run and generate passive inme with. The SAFEX coin is still very affordable, so to purase a decent amount of SAFEX one would not really have to se.ll off all the family gold. As mentioned there is a dividend calculator on their website to see what would do it for you with the yearly returns. Disclaimer My only association with SAFEX is the fact that I hold a few coins, because of the view I have about this project. My view of the project might not be shared by someone elses view. Do your own research and make your own decision when invting.
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