Safe Exchange (SAFEX)

Safe Exchange Token Profile (PDF)

Safe Exchange Token (“SAFEX”) is a digital asset built on the Omni Protocol. The SAFEX platform enables anyone to create digital assets or issue smart contracts. The development team is building the Chille blockchain, which hopes to establish a marketplace for people to transfer money and buy or sell goods and services anonymously, anywhere, and very quickly. The project plans to switch to the Chille blockchain from Omni once it is completed. When a transaction occurs on this new blockchain, a network fee will be charged, and part of this fee will be paid to SAFEX holders regularly in the form of a dividend. The project hopes to eventually transition to a decentralized autonomous organization model where decisions are made by a vote of the token holders. Other than its Chief Architect and Founder, Daniel Dabek, the team appears to lack meaningful backend experience.