Emre Ata
Feb 5, 20213 min
Greetings. Binance, the planet's largest and leading cryptocurrency exchange, continues to offer new opportunities to its users. Safepal, which attracts attention with its powerful project, takes its place on Binance Launchpad.
Project Introduction
Founded in 2018, SafePal is a cryptocurrency wallet that aims to provide a secure and user-friendly crypto management platform for the masses. SafePal provides hardware wallet and software wallet product lines, all paired and managed through the SafePal App, where users can easily store, manage, swap, trade, and grow their crypto wealth. SafePal supports 20 blockchains, including Binance Chain and Binance Smart Chain, 10,000 tokens, and NFT assets. It has integrated with Binance DEX, Binance Spot Trading, and all DApps on Ethererum, BSC, and Tron networks. SafePal is also the first hardware wallet portfolio of Binance Labs.
Key Features and Highlights
Advanced Security: The SafePal hardware wallet solution is built with advanced security features including EAL5+ secure element, air-gapped signing mechanism, self-destroy mechanism, and multiple layers of security schemes. Users can store their seed in the 100% offline S1 hardware wallet with the highest security level.
Smooth User Experience: SafePal is 100% mobile-friendly and provides frictionless product experiences to enable users to manage and grow their crypto assets at their fingertips.
Powerful Features: SafePal provides not only a decentralized wallet solution but also the most powerful asset management features such as the cross-chain swap, Binance Spot Trading DApp, fiat on-ramp integration to enable users to secure, buy, swap, and trade crypto at their fingertips.
Strong Community Support: Users from more than 100 countries are using SafePal wallet across the globe. More than 130,900 followers support the community across Twitter, Telegram, etc.
Experienced Team: The SafePal Team comes from a diverse industrial background, overlapping more than a decade worth of experience in hardware, software, UI design, and cybersecurity. As a team deeply rooted in both hardware and software, SafePal aims to resolve the current pain points hindering crypto custodian experience for the masses and combine security, simplicity, and accessibility on a unified product.
Community Governance: SFP token holders can exercise voting rights on key elements of the SafePal ecosystem such as the Treasury fund usage and new features on the SafePal products.
Treasury & Ecosystem: A SafePal Treasury is set up to offer grants to incentivize high-quality applications built on the SafePal Open Wallet Platform. Each quarter, a certain percentage of the SafePal net profit will be used in SFP token buyback and deposit into the Treasury for community governance.
SFP Token Sale and Economics
Launchpad Hard Cap
5,000,000 USD
Total Token Supply
500,000,000 SFP
Initial Circulating Supply
21.39% of Total Token Supply
Public Sale Token Price
0.1 USD (price in BNB will be determined prior to the start of subscription)
Launchpad Allocation
50,000,000 SFP (10% of Total Token Supply)
Hard Cap Per User
20,000 USD (price in BNB will be determined prior to the start of subscription)
Public Sale Vesting Period
No lockup
Seed Sale Token Price
1 SFP = 0.01646 USD
Seed Sale Allocation
2% of Total Token Supply
Seed Sale Vesting Period
1% no lockup; 0.25% unlocks every six months afterward
Private Sale Token Price
1 SFP = 0.08 USD
Private Sale Allocation
9.75% of Total Token Supply
Private Sale Vesting Period
5.15% no lockup; 1.15% unlocks every six months afterwards
Token Type
BEP20
Token Distribution
After the end of the token sale
https://launchpad.binance.com/en/subscription/SFP_BNB