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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Safetoken on July 13, 2017, 08:08:07 PM



Title: [ANN][ICO] SAFE Token - “Anti-Bubble” Derivative for Bitcoin
Post by: Safetoken on July 13, 2017, 08:08:07 PM
SITE (http://safetoken.io/) | WHITEPAPER (http://safetoken.io/documents/safetoken-whitepaper.pdf)



Hi Everyone,

I am a former Goldman Sachs Partner that worked with Fixed Income, Currency and Commodity (FICC) derivatives structuring division. I am pleased to announce the launch of the first “Anti-Bubble” Derivative for Bitcoin.

Given the recent hype on Cryptocurrency and Initial Coin Offerings (ICOs), Bitcoin and Ethereum have shown returns in the thousands for its investors.

After examining Bitcoin prices from an economic theory perspective, I am presenting an “Anti-Crash” SafeToken based on the theory from a number of the well-known publications on financial market bubble:

  • Scheinkman, Jose A. and Xiong, Wei, “Overconfidence and Speculative Bubbles (February 2, 2003)”.
  • Barlevy, Gadi, “Economic Theory and Asset Bubbles”. Economic Perspectives, Vol. 31, No. 3, 2007.
  • Dhar, Ravi and Goetzmann, William N., “Bubble Investors: What Were They Thinking?” (August 17, 2006).


“The SAFE” has been created as an anti-crash safe mechanism. The price will be based on a square root of Bitcoin’s mining difficulty. The concept will demonstrate the true beauty of math and SAFE token will be more stable than Bitcoin with smoother returns. Whitepaper is available at www.SafeToken.io (http://www.SafeToken.io)

Investors will be able to buy and sell Tokens over-the-counter (OTC), and will be able to convert the Tokens to tangible U.S. dollars after satisfying the “know-your-customer” (KYC) compliance measures.

The initial coin offering (I.C.O.) of the SAFE will be made on July 25, 2017, and end two weeks later (August 8, 2017). The amount of tokens will be limited to 1 million tokens, which is close to $25M (USD) in notional as this is the calculated healthy level for the structure.

Details are available at www.SafeToken.io (http://www.SafeToken.io)

Bounty program: 1% of ether after the ICO will be reserved for first 4 translators (0.25% each) (Please add your ETH wallet after translation or in private messages) + 1% of ether after the ICO will be reserved for first 4 information distributers who spread information and provide links. (0.25% each) (Please send your links and ETH wallet in private messages)
 


Title: Re: [ANN][ICO] SAFE Token - “Anti-Bubble” Derivative for Bitcoin
Post by: MelodyCrypto on July 13, 2017, 08:42:35 PM
reserve indonesian translate


Title: Re: [ANN][ICO] SAFE Token - “Anti-Bubble” Derivative for Bitcoin
Post by: CryptoBey on July 13, 2017, 08:44:56 PM
Username: CryptoBey
Profile link: https://bitcointalk.org/index.php?action=profile;u=1027961
Language: Turkish

I will do moderation in local forum also.
ETH Addy: 0x5D698041326fa0a8D238ceA6AD4fE0571DE33249


Title: Re: [ANN][ICO] SAFE Token - “Anti-Bubble” Derivative for Bitcoin
Post by: shagorbleed on July 13, 2017, 09:34:23 PM
any bounty program dev???


Title: Re: [ANN][ICO] SAFE Token - “Anti-Bubble” Derivative for Bitcoin
Post by: kaneki007 on July 13, 2017, 10:02:29 PM
reserve indonesian translation


Title: Re: [ANN][ICO] SAFE Token - “Anti-Bubble” Derivative for Bitcoin
Post by: KeyMaster on July 14, 2017, 07:23:18 AM
You could also consider Market Exhuberance by Prof. Robert Shiller.


Title: Re: [ANN][ICO] SAFE Token - “Anti-Bubble” Derivative for Bitcoin
Post by: Safetoken on July 14, 2017, 07:44:03 PM
Bounty program: 1% of ether after the ICO will be reserved for first 4 translators (0.25% each) (Please add your ETH wallet after translation or in private messages) + 1% of ether after the ICO will be reserved for first 4 information distributers who spread information and provide links. (0.25% each) (Please send your links and ETH wallet in private messages)