Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SFR] SaffronCoin | Decentralized Exchange to release soon!
by
saffroncoin
on 11/11/2014, 10:26:54 UTC
When sfdirect will be released


SSL certificates have just been setup for the SFRDirect Webwallet as an extra medium of security. The SFRDirect protocol and decentralized exchange are all developed. We are working on some extra features to increase the value of cSFR and its usage.

gdavis above mentioned some interesting methods having an SFRaffle. So we would be implementing that. He had also mentioned of developing an asset for the Elite club on top of Saffroncoin Blockchain through SFRDirect known as SFR Elitecoins. Instead of holding SFR for joining the elite club, users need to hold some elitecoins to join the Elite club. Those elitecoins can be bought by cSFR. A market for this would be setup on the decentralized asset exchange in SFRDirect.

This would increase the value of cSFR and provide the need for burning more SFR.

All other asset currencies don't have much usage apart from trading. We want concentrated SFR to be the most valuable asset currency.
We need to have all bases covered during SFRDirect launch.

Since the burn process would go on for about a month, we would release SFRDirect soon enough for burning and have other assets and SFRaffle developed before the burning phase gets over.