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Author Topic: [2016-06-01] Safello is crowdfunding $293K to bring identity to the blockchain  (Read 305 times)
BitcoinXio
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June 01, 2016, 03:09:54 PM
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Swedish bitcoin exchange and services provider Safello has launched a new crowdfunding campaign with the goal of raising $293K USD ($263K Euro) to help bring identity to their platform. The new campaign has been added to the FundedByMe.com equity crowdfunding website, which allows entrepreneurs and startups to raise funds directly from interested investors.

Read more: http://bitcoinx.io/news/articles/safello-is-crowdfunding-293k-to-bring-identity-to-the-blockchain/

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TraderTimm
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June 01, 2016, 03:45:13 PM
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Here's a quote for a good laugh:

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Safello’s pitch is that they are “building the bank of the future on top of blockchain technology.”

No, what they're REALLY doing is using legacy policies to encode your identity into their system. Just the same old financial bullshit, with a different spin. Of course it has all the buzzwords, "social" blah blah blah.

Another thing, this news site must be a joke, because the top rated exchanges don't do crap in volume. They don't even list Bitfinex, which is the volume leader of the non-chinese exchanges. (If you can believe any of the china data anyway, which is another matter.)

Whatever, just another throw-away article about some "social" has-been product.

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June 01, 2016, 06:36:55 PM
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Hmm. I'm surprised they've resorted to crowd funding. I thought they had some heavyweight partners out there.

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