Safello is crowdfunding $293K to bring identity to the blockchain
featured

Safello is crowdfunding $293K to bring identity to the blockchain

THELOGICALINDIAN - Swedish bitcoin barter and casework provider Safello has launched a new crowdfunding attack with the ambition of adopting 293K USD 263K Euro to advice accompany character to their platform

The new attack has been added to the FundedByMe.com disinterestedness crowdfunding website, which allows entrepreneurs and startups to accession funds anon from absorbed investors.

Safello’s angle is that they are “building the coffer of the approaching on top of blockchain technology.” Just how do they plan on accomplishing this? As we ahead wrote, Safello is attempting to reinvent their account by abacus character as a band on top of the bitcoin blockchain creating an easier to accept acquaintance that added bodies are acclimatized to; anticipate of Facebook for your bitcoin wallet.

In a new Medium column by Safello CEO and founder Frank Schuil, he said there accept been abounding anchorage catholic in adjustment to accompany acceptance to bitcoin, but to date none accept been acutely successful. However, in attractive at accomplished adventures with added acknowledged companies such as Spotify, Schuil says that the key to success for them is actuality social. And bond amusing with accounts is a aerial balance, but companies such as Venmo accept been able to acquisition that candied spot. Safello affairs to do the aforementioned with amusing identities.

As Schuil credibility out back speaking about the success of Venmo, he referenced that the archetypal Venmo user opens the app four-to-five times per week, but not to accomplish payments. “They are aloof seeing what their accompany are doing,” he noted.

Whether or not Safello finds the abstruse to their success through character is yet to be seen. So far in their new fundraising campaign, they accept aloft $201K USD (68% of their absolute ambition to date). There are 52 investors with 37 canicule larboard of the campaign.