What’s the buzz around Safle? Breaking Down Recent Events

Source : coinquora.com

  • Safle sets the standard for Web3 wallets and makes that future safe and simple.
  • The network conducted private funding that earned as much as $4 million.

The crypto world continues to develop its technology to provide a great user experience to all its users in the space. Safle network is one of the platforms in the industry that seeks to provide an easier way to use cryptocurrencies. In detail, it is a non-custodial wallet that operates on multi-chain principles to give the best-decentralized experience for both professional and new users.

SAFLE is both a utility token and a governance token, and that lets holders vote on protocol functions and use it in payment for services and as collateral for financing.

With the listing on QuickSwap, the users can now monitor live trading in $SAFLE against USDT and MATIC. The data over holdings and trades are easily perused via Polygon. Best of all, users can now track SAFLE on CoinGecko.

To expand its connections in the crypto world, the network partners with different companies in the space. These companies include Unmarshal, a provider of blockchain infrastructure data on Ethereum, Binance Smart Chain, Polkadot, and Solana.

Velas, a fork off Solana and the fastest EVM blockchain in operation, which greatly improves the cross-chain capacity on Ethereum-based projects.

Last but not least, PureFi, a network that allows AML/KYC processes to prevent illegal money trails from entering the token pool.

Meanwhile, the network also held an IDO event last Dec 16 on Polkastarter. The event closed fast after two rounds of funding, where all were filled in less than 18 minutes. This network program made them gather over eleven hundred unique addresses in less than two days since the launch, a scenario that makes Safle a truly decentralized network.

Furthermore, the network also conducted private funding that earned as much as $4 million. The round was led by MapleBlock, GSR, Sanctum, Ghaf Capital Partners, and included a dozen more investors like Lithuanian professional poker player Tony G, PureFi’s co-founder and BDO Sasha Antropov (who also joined for an AMA!), Jun Capital partner Alex Man, and many more.

On the other hand, Safle keeps accelerating and gearing up for more big things to come, such as SafleID, running smart-contract features, and SafleVault for securely storing the private keys of users’ digital assets, including NFTs.

The network is currently working on apps and web extensions to send, receive, trade, and swap cryptocurrencies on any platform. Safle sets the standard for Web3 wallets and makes that future safe and simple.

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