This is a review of SAFCOIN, a blockchain created to facilitate crypto transactions among Africans.

SAFCOIN provides daily life solutions with crypto; online shopping for goods and services, finding and creating jobs, etc. Talk about promoting crypto adoption.

Plus, SAF’s price is not high, making room for 100X growth as the network improves.

So, if you’re looking to wrap up the year with a profitable investment, SAFCOIN may be your gem.

Keep reading to learn more.

Quick Access

• SAFCOIN Overview
• SAF Tokenomics
• How To Get Started On SAFCOIN
• Is SAFCOIN A Good Investment?
• FAQs
• Conclusion

SAFCOIN Overview

SAFCOIN is a crypto-powered ecosystem that provides daily life solutions to users.

Neil Ferreira and Tony Ferreira founded the platform in 2018 with headquarters in Cape Town, South Africa.

However, Virtual Nation Builders acquired the company in September 2022.

SAFCOIN was created as an exclusive cryptocurrency platform that will make digital currency investment easy for all Africans.

So far, it is meeting this need with the available components of the SAFCOIN ecosystem including

• SAFCOIN mobile wallet  – which serves as the core connecting platform across the ecosystem. It enables users to safely utilize crypto for day-to-day transactions. This wallet is available on Google Play and App Store.
• CryptoValley – an e-commerce platform where users shop for goods and services using SAF. 
• Mobijobs – a freelance platform where users hire and apply for jobs, and all payments are made in SAF.
• SAFCOIN Exchange – enables holders to trade SAF for other cryptos.

Let’s talk a little more about SAF in the next section.

SAF Tokenomics

SAF is the native asset that powers the SAFCOIN ecosystem.

It is used to pay for transactions on the network. Also, SAF is used to reward participants for engaging with the network.

SAFCOIN uses a Proof of Work, Scrypt Algorithm to process transactions. This allows for a  block generation time of 2.5 Minutes.

Furthermore, SAF has a total supply of 10 million coins and 9,359,777 SAF are already in circulation.

More details of the coin’s distribution are as follows:

• 23% goes to mining pool members.
• 10% is allocated to the SAFCOIN team and advisors
• 17% will be mined over the next 25 years (to reward miners for verifying transactions).
• 10% is reserved for partnerships and exchanges.
• 2% is allocated to 1st ICO participants.
• 3% is allocated to the second ICO/IEO.

Pretty cool, right? Let’s see where you can buy SAF.

Where To Buy SAFCOIN (SAF)

As of 19th December 2022, a unit of SAF is $0.03561 and you can buy it from any of these exchanges:

Now, let’s see how you can use SAFCOIN in the next section.

How To Get Started On SAFCOIN

Follow these simple steps:

i. Go to Safcoin.Africa and click on “Sign in/Sign up” by the top right.

Or just click on this link.

ii. Click on “Sign Up here” and enter your email address twice. Also, set up your password.

iii. Next, you enter your country, your phone number, and the OTP sent to your phone to proceed.

iv. Moving on, click on the link sent to your email address to get verified. Then set up a security question.

v. Next, you enter PEATHUO6V6XTIO as your referral code.

vi. Then fill out the form to complete your registration.

If you want, you can upload your ID to upgrade your account or you can do it later.

Viola, you’re in. Go ahead and explore the products.

So, is SAFCOIN a good investment? Find out in the next section.

Is SAFCOIN A Good Investment?

SAFCOIN looks promising especially when you consider the use cases of the coin.

For example, the SAF token serves as a loyalty currency between users and merchants and so, 1% of the total transaction value is given back to users for every transaction.

Additionally, Cryptovalley, the multivendor online shop powered by SAFCOIN have top brands like NISSAN, JINX, Nintendo, etc. listing their products on it. This points to the bright future of this network.

Also, anyone in Africa can register on the platform and make use of its services. That way, it connects businesses ad traders across the continent.

Impressively, SAFCOIN made the news in June 2021, when it was listed among the top 140 Financial Service Companies in South Africa. 

Thus, solidifying its mission as a pioneering force, driving crypto and e-commerce on the African frontier.

Again, the native asset of the platform, SAFCOIN, runs on a PoW blockchain, which promotes decentralization and an efficient reward system for miners.

Moreover, the coin is listed on Coinmarketcap and some crypto exchanges. Also, it can be traded for top coins like BTC and USDT.

Furthermore, the team behind SAFCOIN are professionals in their respective fields. And as such, they are able to take this project to greater heights.

Nevertheless, do due diligence before investing in SAFCOIN.

Let’s answer a few questions and then we can wrap up the post.

FAQs

Conclusion

We have now come to the end of this SAFCOIN (SAF) Review. I hope it was worth the read.

This platform enables you to complete day-to-day transactions in crypto and earn rewards.

So tell me, will you register on SAFCOIN?

Perhaps you already did, what has been the experience?

Let me hear your thoughts in the comments section.

Also, share this post with your friends, thank you!