(MENAFN – Safcoin ) SAFCOIN claims its spot alongside the world’s hottest cryptocurrencies; turns into first South African crypto to be listed on a worldwide buying and selling platform.
SAFCOIN, Africa’s first Proof of Work (POW) coin that launched solely to South African consumers in 2018, goes international with its itemizing on HotBit, one of many world’s main cryptocurrency buying and selling platforms.
The checklist date is scheduled for mid-September 2021
As the primary native cryptocurrency to be provided to the worldwide market – and with solely 10 million cash accessible and eight.7 million already circulating – the HotBit itemizing offers worldwide buyers the chance to personal a local African cryptocurrency that’s pushed by a core function: to make investing in crypto straightforward, accessible, and comprehensible for everybody in Africa.
SAFCOIN CEO Neil Ferreira says: “SAFCOIN actually is Africa’s satisfaction. It’s been superb to observe our imaginative and prescient come to life, and it retains rising from energy to energy, connecting and empowering extra Africans throughout the continent daily.”
He says they by no means supposed SAFCOIN to be ‘simply one other cryptocurrency’ however needed to demystify crypto for the person on the road and supply him with instruments and sources to take part within the digital foreign money revolution. The final word aim was to see SAFCOIN turn into a broadly and globally accepted type of cost that in flip boosts African commerce and simplifies cross-border cost processes. With the HotBit itemizing, it appears nothing can cease SAFCOIN’s progress and impression.
“There’s much more to cryptocurrencies than simply making the most of it,” says Ferreira. “People could be empowered, marketplaces could be opened, cross-border commerce could be supported, and social and financial progress could be stimulated. Because of this SAFCOIN was created: to assist individuals whereas additionally empowering them to assist themselves.”
We’re a household. Actually.
The SAFCOIN venture, first launched in 2018 by founders Neil and Michela Ferreira, along with Tony Ferreira, is a pioneering enterprise tailor-made to the elevated want for broad-based digitisation on the African frontier. SAFCOIN in itself is greater than only a cryptocurrency and boasts inside it an intensive community of features united below the SAFCOIN umbrella.
Over and above its accolade as the primary Proof-of-Work cryptocurrency on the continent, the SAFCOIN eco-system has been developed to speed up Africa’s small -to medium companies and freelance participation in a worldwide economic system.
Complete Provide 10,000,000
Journey to the worldwide stage
SAFCOIN has achieved many firsts for the South African crypto market in three years.
• Blockchain firm FHM (Pty) Ltd points an Preliminary Coin Providing (ICO) for 500,000 SAFCOIN tokens. The ICO was solely open solely to South Africans
• Launches bespoke, decentralised blockchain mainnet, constructed utilizing a Scrypt algorithm; the centralised SAFCOIN Trade; and SAFCOIN Wallets on Android and iOS.
• On 12 December, the Safcoin blockchain went reside
• Launches SA’s first “plug-and-play” SAFCOIN mining alternative, permitting new, small, and start-up miners to earn a passive month-to-month earnings by mining SAFCOIN.
• Launches SAFPay, a safe crypto ecommerce cost gateway
• Western Cape Authorities invitations SAFCOIN to debate on regulatory framework for cryptocurrency and exchanges in South Africa.
• Expands into Nigeria and Uganda.
• Launches MobiJobs, Africa’s first blockchain-powered micro jobs platform that connects companies and gig economic system staff throughout Africa.
• Launches SAFCOIN pool mining programme.
• Launches Cryptovalley, an e-commerce platform powered by SAFCOIN and SAFPAY that enables small companies to promote and pay for merchandise with crypto.
• First domestically based digital foreign money to checklist internationally with HotBit debut.
The place to purchase SAFCOIN:
• SAFCOIN Trade
• Catex and P2Pb2B
To be taught extra about SAFCOIN or to create an account, go to or obtain the SAFCOIN app for Android or iOS.
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