SAFESafe (SAFE) Price

1.Project introduction

Safe, formerly Gnosis Safe, offers a smart account infrastructure for transparent, flexible digital asset management on Ethereum. Users transfer tokens/NFTs to Safe smart contract accounts to securely manage assets and interact with integrated dApps. The platform pioneers modular smart accounts to advance digital ownership beyond traditional externally-owned accounts, addressing limitations like security and user onboarding. Safe empowers token holders with governance rights, resource coordination, and ecosystem growth, backed by an extensive developer stack and a vision to fully own digital identities and assets.

2.Team introduction

Lukas Schor - Co-founder

https://www.linkedin.com/in/lukas-schor

3.Investment institution

1kx, Tiger Global, Kraken Ventures, Digital Currency Group and Coinbase Ventures.

4.Token application and distribution

Token application

The SAFE token is primarily used for governance within the SafeDAO ecosystem. Token holders can vote on proposals, delegate voting rights, coordinate resource allocation based on results (OBRA), customize SafeDAO's governing framework, and help drive ecosystem innovation and expansion.

Token distribution

USERS: 5% (50 million tokens)

ECOSYSTEM PARTICIPANTS/GUARDIANS: 5% (50 million tokens) - 25 million vested, of which 12.5 million fully unlocked, 12.5 million vested over 4 years; Remaining 25 million for future guardians

INSTITUTIONAL INVESTORS: 8% (80 million tokens) - vesting over 4 years starting July 8, 2023

SAFE FOUNDATION: 7% (70 million tokens) - 4 years vesting

CORE TEAM: 15% (150 million tokens) - 4 years vesting

GNOSISDAO TREASURY: 15% (150 million tokens) - 4 years vesting starting May 1, 2022

SAFEDAO TREASURY: 40% (400 million tokens) - 8 years vesting

GNOSISDAO & SAFEDAO JOINT TREASURY: 5% (50 million tokens) - fully unlocked