Much Like Safeth.io has a system called “Ebay Bucks” they too are going to offer rewards and loans in a similar fashion called SAFeth Rewards, utilizing a 3rd balance in our own blockchain based wallet and a system in which you will earn points at checkout for being being both a buyer and a seller depending
Safeth on how much was spent during the transaction. Systems like this in the past have been an excellent way of engaging users to “earn” points and be able to spend them on whatever they like right on our Safex Platinum Marketplace.
This type of engagement can be encouraged as well by using gamification whereas they turn building up points and earning them into marketing games for own advertising of Safeth.io platform! Strengthening system by utilizing the treasury to incentivize users in sharing, creating content and reviewing our platform all while earning SAFeth Rewards/points!
The next unique feature and the one that set sour marketplace apart from ALL the rest is the fact that in the same way that users can “lock in” their tokens to earn dividends, users both buys and sellers alike will be able to “lock in” and borrow against the tokens they have locked in place. In this feature the locking will be timed to the dividends full repayment of the loaned amount.
It is in this unique type of dividends based collateralized loan that they can finally offer TRUE blockchain CREDIT with No Hassles, No rejection and No KYC. They will establish a smart contract to handle these loans utilizing some of the newest oracles and as well creating a third token on blockchain in the quantity of 2 billion safeth points.
Safex Platinum Token
Safex Platinum Tokens provide a means for people to license themselves
within the blockchain network. Any activity by users that intends to be lasting,
and attached with a form of digital pseudonym, must be established through
usage of Safex Platinum Tokens. There are 21,000,000 Safex Platinum Tokens that
will ever exist and they serve a number of important utilities for Safeth and The
Safex Platinum Marketplace.
One of the main components of the Safex Platinum Blockchain is its
embedded and web based marketplace. Safex Platinum Blockchain provides a
fully functional marketplace mechanism where users are at will of offering their
own goods or services directly on the Blockchain and all payment processing
takes place via blockchain through an escrow system in which has three keys a
master key for the arbitrator to release funds and the other two go to the buyer
and seller so they too can work out their sales automatically.
Gamification is the application of game-design elements and game principles in non-game contexts. Gamification commonly employs game design elements to improve user engagement.
How will we use gamification?
First, they will offer a points/rewards system at the time of checkout that will
offer points/rewards, the more you spend the more points you can earn. Just as
well this will incentive sellers to seller more because the more you sell the more
points/rewards you will earn as well.
SAFeth Cash is the private cryptocurrency of the Safex Platinum Marketplace. Safeth Cash is necessary to pay all transaction fees to the network. Every action that takes place on the blockchain network requires the payment of some network/miners fees. SAFeth Cash is obtainable through proof of work mining, bought from and exchange as well as from staking Safex Platinum Tokens.
Much Like Ebay has a system called “Ebay Bucks” we too are going to offer
rewards and loans in a similar fashion called SAFeth Rewards, utilizing both smart
contracts own wallet and a system in ways in which you will earn points at
checkout for being being both a buyer and a seller depending on how much was
spent during the transaction. Systems like this in the past have been an excellent
way of engaging users to “earn” points and be able to spend them on whatever
they like right on Safex Platinum Marketplace.
This type of engagement can be encouraged as well by using gamification whereas they turn building up points and earning them into marketing games for advertising own platform. Strengthening system by utilizing the treasury to incentivize users in sharing, creating content and reviewing platform all for SAFeth Rewards.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.