SafePal (SFP) is the 18th project on Binance Launchpad. The token sale will be subject to a new Launchpad registration format, with the recording of users' BNB balances starting at 07:00 AM on 02/02/2021 (Vietnam time).
Founded in 2018, SafePal is a secure and powerful crypto wallet that helps users protect and grow their decentralized assets. This is also the first hardware wallet invested and supported by Binance.
SafePal offers a range of hardware and software wallets, all of which are paired and managed through the SafePal app, where users can easily store, manage, swap, trade and play. develop their crypto assets without compromising asset security. They currently serve more than 50.000 users in more than 80 countries globally
If you have already participated, read its information to see if the project is worth the investment when it will list Binance after the Launchpad distribution is complete.
SafePal (SFP) price, marketcap, chart, and fundamentals info
SafePal (SFP) is a cryptocurrency wallet that aims to provide a secure and user-friendly cryptocurrency asset management platform.
The project offers hardware and software wallets managed by the SafePal app, where users can easily store, manage and trade their crypto assets.
With support for 20 blockchains, including Binance Chain and Binance Smart Chain (BSC), more than 10.000 tokens. Including Non-Fungible Tokens (NFT).
SafePal and project products
- SafePal S1 Hardware Wallet: 100% offline cold storage wallet for users to secure their private keys.
- SafePal Cypher: A 304 stainless steel panel that protects phrases phrases from water, fire, salt, and corrosion.
- SafePal Leather Case: SafePal Leather Case is made with good quality and can protect your S1 hardware wallet from getting scratched.
SafePal App: This is a one-stop portal for users to manage, buy and trade their crypto assets.
Project product highlights
SafePal S1 Hardware Wallet is the mainstream product built by the project. It is built with advanced security features including but not limited to:
- EAL5 + secure element: SafePal S1 uses a dual-chip architecture, separating sensitive security logic from common business logic within the product. An independent security element is implemented in SafePal S1 to protect private keys from malicious attacks.
- Device authentication mechanism: A security mechanism to authenticate a SafePal device when a user receives a new SafePal hardware wallet.
- Air-gapped signing mechanism: Hardware wallet S1 applies an air-gapped signing mechanism to keep the device 100% offline.
- Self-destruct mechanism: The SafePal S1 is embedded with multiple sensors. Once a malicious attack is detected, the security chip performs a self-destruct mechanism, deleting all wallet data and leaving no trace for hackers.
What is SFP Token?
SFP is SafePal's native token BEP-20, used for a variety of purposes.
Basic information of SFP copper
|Blockchain||Bianance Smart Chain|
|Token Standard||Unility token|
|Total Supply||500,000,000 SFP|
|Circulation supply||108,166,667 SFP (21.63%)|
What is SFP copper used for?
- Fees & Discounts: Pay fees and receive discounts on SafePal products like hardware wallets and SafePal Swap.
- Staking Reward: Stake SFP to receive rewards from the SafePal Earn program.
- Bonus & Airdrop: SFP token holders have the privilege of receiving special coupons. Join exclusive campaigns and request special collections from SafePal and its ecosystem partners.
- Community Governance: SFP token holders can initiate proposals and voting on how treasury funds will be deployed and new features like adding new blockchain on project products.
Distribution of SFP copper
Token issuance schedule
SFP token Sale
|Seed Sale Allocation||10,000,000 SFP|
|Seed Token Sale Price||$ 0.01646 / SFP|
|Seed Sale Amount Raised||164,600 USD|
|Strategic Sale Allocation||45,000,000 SFP|
|Strategic Sale Token Price||$ 0.01111 / SFP|
|Strategic Sale Amount Raised||500,000 USD|
|Private Sale Allocation||20,000,000 SFP|
|Private Sale Token Price||$ 0.08 / SFP|
|Private Sale Amount Raised||1,600,000 USD|
|Binance Launchpad Sale Allocation||50,000,000 SFP|
|Binance Launchpad Sale Token Price||$ 0.10 / SFP|
|Binance Launchpad Amount to be Raised||5,000,000 USD|
How to earn SFP Token
- Download the SafePal app.
- Buy SafePal Wallet.
- SafePal Service
- Join SafePal community
- Join Binance Launchpad
The first quarter of 1
- Implement the SafePal Earn feature
- Launch S2 Hardware Wallet
- Turkish and Russian language support in hardware and application wallet.
The first quarter of 2
- Support VeChain, Cardano and THETA networks.
- Add credit card payment for hardware wallet.
Potential evaluation of SFP copper
SafePal was established in January 1. The group comes from a diverse industry with over a decade of experience in hardware, software, user interface design and network security.
As a team with both hardware and software origins, the team aims to tackle the current quandaries that hinder the mass cryptocurrency manager experience and combine security, simplicity, and usability. access on a single product. That's how SafePal was born.
In addition to Binance investing, there are other investors I will update the article for you.
- PancakeSwap: PancakeSwap is a leading DeFi protocol built on top of the BSC. SafePal has partnered with PancakeSwap to launch a CAKE swap & hold campaign to Receive SFPs.
- Rarible: Rarible is a leading NFT marketplace in the crypto space. SafePal and Rarible launched an NFT design competition to raise awareness in both the SafePal and Rarible communities.
- Travala: Travala is a travel booking platform that accepts payments with cryptocurrencies. SafePal and Travala have jointly launched a campaign to donate a SafePal wallet.
Community development strategies continued
- Building partnerships with blockchains, DeFi projects and exchanges to increase brand awareness in the community.
- Connect with KOLs to engage and engage with your target audience.
- Maintain a brand image and engage with the community on social media to create brand awareness and loyalty.
- Attract more users through the SFP token utility such as staking, rewards, coupons, ..
- Attract users through a referral program that drives user conversion through a growth attack.
- Launch of unique, innovative products and services to attract high-quality users.