SAFEX has been sky rocketing in the past 2 days and is currently back down in a small dip but we can see this dip either some small pump and dumpers that jump on the train 2 days ago or wise people will tell you that many people are seeing the huge potential of said coin and try to crash the market down so that they can buy in where they missed the train.
To make a long story short, this coin as been around seen 2016 and been sold out that same year, meaning that all of the coins are currently bought and in circulation in the exchange (currently Bittrex under (SEC) and Cryptopia under (SAFEX) ).
The maximum amount of coin in circulation is 2,147,483,647 coins and each of the coin holder have a huge potential of future earning in a Share/ROI style that will imply the other part of the SAFEX project which is the CHILLE blockchain, that will be the foundation of the CHILLE future trading platform that will be the future of decentralized Auction and trading similar to an Alibaba/Etsy/Amazon/Silkroad could be with the promising potential of adding new market as it grows and base on the users demand add features such as Housing market trading etc.
Once in place, the CHILLE blockchain trading platform will be accessible using CHILLE Coins that will be POW minable coins that will be use as the main currency to buy and sell anything on the platform. Fees from the direct transaction of the CHILLE coin transfer will go to miners as any POW coin but a % of the fees from peer to peer trade on the platforms will be redistributed between both the SAFEX treasury, that will be used to pay future programmers/development/marketing etc, and the SAFEX coin holders.
There is a huge long term investment potential here and it's definitely worth taking some time to read more about the project and visit there very active community on their forum and social media.
Here for those that want more info, simply visit the official website https://safex.io/
and get all the details and watch that interview from Daniel Dabek, creator of SAFEX on a live call QA session made on Crypto Chat Live youtube channel:
