What is SAFeth Cash?
|SAFeth Cash Features|
|Development Fee||100,000,000 SEC 5%|
|Block Time||90 Seconds|
|Mining Rewards||Adjusts to the Hash Rate|
Safeth Cash Distribution
SAFeth Cash WILL NOT be pre-sold nor will have an ICO
There is NO (0%) amount of the SAFeth Cash money supply will be obtainable by the investors of Safex Platinum Tokens during the start of the ICO of the Safex Platinum Blockchain. These tokens will strictly be mined via the blockchain as well they will become available on exchanges and eventually a DEX, there will be 0.5% assigned to the SAFeth development team.
SAFeth Cash is the principal payment method when fulfilling the purchase of goods, services, advertising as well as repayment of “No Pay Back” loans on the Safex Platinum marketplace.
You will receive your Safex Platinum (SXP) tokens after the initial coin offering. After the initial coin offering we will the hire both full stack development members and start building our blockchain/wallet, as well as a 3rd party security audit team to ensure all code is indestructible and our network is reliable and functions as we intend. At that time all users will be instructed on how to create a wallet address, we will inform user of this process on all social media platforms as well as here at Safeth.io/Safethmarket.com. Fin,ally after mainnet launches, based on your ICO TXID and timestamp we will credit each user with both the appropriate amount of Safex Platinum as well their bonus Safeth Cash (SEC) our private currency of the Safex Platinum marketplace and SafethMarket.com.
SAFeth Cash is the private cryptocurrency of the Safex Platinum Marketplace. Safeth Cash is necessary to pay all transaction fees to the network. Every action that takes place on the blockchain network requires the payment of network/miners fees. SAFeth Cash is obtainable through proof of work mining, bought from and exchange as well as from staking Safex Platinum Tokens.
Eventually ALL exchanges will list both Safex Platinum (SXF) tokens as well as Safeth Cash (SEC). But until then we will aim for 2 exchanges minimum with at least 1 being a top 20 exchange.
Unfortunately not at this time, we are only accepting cryptocurrency and those currencies will be Bitcoin, Bitcoin Cash and Ethereum. Please whitelist your email for early buying as well as bigger bonuses.
SAFeth Cash will be generated from the start of the Safex Platinum Blockchain, the emission of the money supply must adjust according to rise and fall against the blockchain’s own hash rate. Miner block rewards have YTBD (500SEC – 3500SEC per block) and will start on the highest reward possible while decreasing over time from there.
(Figure 1: SAFeth cash Supply and Demand emission Wave Model)
This will ensure 2 things:
1st it will offer our blockchain a way to protect against 51% attacks. It will lower the reward as the hash rate increases and increase the reward as the hash rate decreases, Therefore creating a situation in which creates a lowering of the reward as adoption grows and as well this will make it undesirable for an attacker.
2nd it will also keep up with inflation and deflationary cycles in price also it too in its own uniqueness will cause demand as well.
©SAFeth 2019 ©Safex Platinum 2019 ©SAFeth Cash 2019