BlockSafe Technologies is a project that checks content created and uploaded by users when using mobile applications for malware or inconsistencies with the policies and rules of the enterprise that owns the application. Also, users will be available Exchange Defender Exchange, through which they can make a cryptocurrency exchange.
Business Model Overview BlockSafe Technologies (BSAFE)
1. The validity of income
The project will receive revenue from the sale of BlockSafe Technologies software, as well as from monthly user fees. The cost of a monthly subscription will be from $ 5.99 to $ 9.99. The project team expects about 2,500,000 users by the 3rd year of the platform. Every time someone buys BlockSafe Technologies software, BSAFE token holders will receive 10% of their revenue.
2. Number of currencies accepted
The project accepts such liquid currencies as: ETC, BTC, BCH, LTC, XRP.
3. Token emission
In the project there is a limited number of tokens. A total of 120,000,000 BSAFE tokens will be issued (p. 15 White Paper).
4. Discount on the purchase of tokens
Discount on the purchase of tokens is 50%.
In the flow chart provided, the project objectives are indicated until the end of 2019 (p. 12 White Paper). After conducting a tokensail, the project team will allocate funds as follows: 37% - Research and Development, 13% - Company Expansion, 15% - Operating Expenses, 25% Marketing, 8% - Legal expenses licensing ", 2% -" Other expenses ".
6. SOFT CAP / HARD CAP Ratio
The project has a poor SOFT CAP / HARD CAP ratio, which reduces its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 700,000 and $ 16,200,000, respectively.
7. MVP availability
The project has no developed prototype.
8. Risk assessment and insurance
The form of holding tokensale - Security Token Offering (STO), which means providing sequrity-tokens with assets, profits and cash flow. In addition, STO complies with investor protection laws and securities regulations. This increases corporate responsibility, reduces the likelihood of unfair behavior in the market and ensures the protection of investors' rights, which favorably affects the investment attractiveness of the project.