Crypto-fiat financial institution , Saifu, prepares for its ICO
The company states that customers will have an account in which cryptographic and fiduciary currencies can be stored, exchanged at competitive prices and transferred through the SEPA / SWIFT services. Account holders will be able to pay all their daily needs in cryptocurrencies using a MasterCard linked to their cryptocurrency account.
Saifu is a cryptographic financial institution based in the Czech Republic that will soon have its own Initial Cryptocurrency Offer (ICO). The project will use the funds raised through its ICO to implement its growth strategy and expand its range of services. Saifu aims to bring cryptocurrencies into the mainstream so that customers can securely purchase, store and use cryptographic and fiduciary currencies on a secure and regulated platform. It is already an established business, which serves customers (in Beta tests) and its ICO is designed, among other things, to facilitate an aggressive growth strategy.
What distinguishes Saifu from other ICOs is that it is an institution that provides personal and commercial accounts with an IBAN code (international number to identify a bank account) for fiduciary and cryptocurrency currencies, exchange services, banking-level security, custody services of cryptocurrencies, electronic transfers and payment services, all through a regulated service and audited externally.
This means that customers will have an account in which cryptographic and fiduciary currencies can be stored, exchanged at competitive prices and transferred through SEPA / SWIFT. Account holders will be able to pay all their daily needs in cryptocurrencies using a MasterCard linked to their cryptocurrency account. Additional services such as corporate / corporation payroll programs in crypto-fiat currencies will also be available.
According to the co-founder and CTO, Evgeny Vigovsky: "Saifu has a competitive advantage that places it one step ahead of competitors such as Bankera, Revould or Monaize. In short, they can not provide enough bank security. We have partnered with Thales, possibly the world leader in banking security, to take our service to the next level. This is very exciting".
Vigovsky is a veteran with 12 years of experience in Kaspersky Lab and left his last position as global head of the financial protection unit DDoS of Kaspersky to launch Saifu. For his part, CSO Alexander Legoshin has more than ten years of experience in strategic marketing and software development and has participated in several successful initiatives in all sectors. Saifu has industry-leading expertise in marketing, software development, and information technology and security.
Saifu's Token
As for the token that will be offered, the Saifu Token (SFU) is necessarily a loyalty program that provides discounts and symbolic rewards to users and owners. For example, all transaction fees are listed in fiat money but must be paid in SFU. This means that the initial rates for the issuance of the Saifu card, the monthly rates, the various fiduciary and crypto-trust currency exchanges and the transaction fees are also paid in SFU. To use SFU for transactions, customers will receive "tokens back" and calculated discounts based on the number of tokens they have and how long they have had them. According to Saifu's business model, 25% of the SFU tokens will be in the hands of the founders and the team, which will ensure that their interests are aligned with those of the token holders. Another 10% will be retained for marketing purposes and the user's reward.
Saifu is running its ICO with the assistance of ICOBox, the leading global provider of SaaS services to ICO. "We believe that Saifu is a project with a solid base," said ICOBox co-founder Nick Evdokimov. "The company is ready to take users with more traditional banking habits to the world of cryptocurrencies. We expect a great ICO. "
The ICO of Saifu began on February 19 and will run until April 11. For more information, you can go to https://ico.saifu.ai/
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