Safle x Dfyn Network-Recap of Live AMA Session


Time : 1:30 PM UTC

Priyanshu Singh, CMO and Apoorv Shankar, CTO from Safle attended the AMA along with host Bhavin.

Safle is a Non-custodial, multi-chain crypto wallet and blockchain infra. provider for the decentralised ecosystem, governed by the community.

The transcript is almost entirely in its original AMA form, mildly edited for punctuation and readability only, and is subject to the disclaimer located at the bottom of the page.

There were 2 segments:
1. Introduction of the guest and SAFLE in Dfyn Community.
2. Community QnA round (10 questions)

*** AMA begins ***

__INTRODUCTION OF THE GUEST & SAFLE IN DFYN COMMUNITY__

Q1. Bhavin: Can you please introduce yourselves to the community and how you guys crossed your path with blockchain?

Priyanshu Singh:
Nice to connect with you all here. I’m the CMO at Safle, been a part of the team since 2019. I first heard about Bitcoin and Blockchains in 2014, my freshmen year at U. of South Florida and was always intrigued by the concept of decentralisation. It wasn’t till I met Abhimanyu Kashyap (Safle co-founder/CEO) in 2019 that really changed my mindset towards actively working & contributing to the inevitable Web3 revolution.

Apoorv Shankar :
I’m Apoorv Shankar, CTO at getsafle. I have been into blockchain and crypto from 2014. Been into bitcoin and ethereum mining. Building dapps and developer tools. My focus always has been towards adoption of blockchain and crypto. I have designed and created a course on blockchain for QCI, govt. of India as my bit towards educating people on blockchain. I stumbled upon blockchain in early 2014 when i was in college and wanted to acquire some bitcoins. Started mining, got into the tech and never looked back.


Q2. Bhavin: Can you tell our community about web3 and how Safle plans to contribute in it?

Apoorv Shankar :
Web3.0 is the next generation internet infra which adds more to the interactive and social features of web2.0. The core being decentralisation with added layers making it verifiable, trustless, self governing, permissionless, stateful and native assets. This opens a world of decentralised applications which can be built on blockchain and similar DLT frameworks. Now to access this web3, a user would need to access the blockchain and get a wallet to store assets.
We at safle are providing that access layer to the users with added ease and security, thus making it more accessible than it was ever before.

Priyanshu Singh :
When I think of Web3, I think of internet that operates on no third-party trust. Peer to Peer internet, the way it was always meant to be. Putting behind days where tech giants misuse and exploit our privacy and data. Accessing blockchains needs wallets, Safle is here to provide that access into the cryptoverse. Without making it too complicated.. It will simplify the world of blockchains and crypto!


Q3. Bhavin: SafleID — A SSI Protocol for Identity Assertion is this analogous to the credit score that we have today? What are the benefits of safle id over traditional system

Priyanshu Singh:
Safle SSI will enable a user to associate their onchain credentials with their SafleID. These credentials can be accessed using SafleID by any third party in a transparent and verifiable way.
It will basically be used to build an onchain identity by providing a credential repository which can be extremely beneficial in 1) Financial Sector 2) Gig Sector 3) Gaming Sector.


Q4. Bhavin: Can you tell about your tokenomics and TGE ?

Priyanshu Singh:
$SAFLE can either be used as a method of payment or as a staking token which enables users to use utilities till the time tokens are staked. $SAFLE is primarily a governance token which will be used as 1–1 voting stake in the Decentralised Autonomous Organisation (DAO) governing, regulating and progressing the entire Safle ecosystem.
$SAFLE IDO will happen in Q4 of 2021


Q5. Bhavin: What is the biggest milestone you would like to achieve with safle? The end goal where you want to see Safle

Priyanshu Singh:
Blockchain technology has the potential to transform the world into a better place. It will build new levels of trust. We’re still in the early stages of Web3, mass adoption of blockchain technology is forthcoming and inevitable. Safle is here to accelerate this revolution and by becoming the go to platform for users and developers in this ecosystem. We want to be synonymous with the word decentralisation in future! That will be pretty cool.


__COMMUNITY QNA ROUND (10 questions)__


Q1 :Question by ShannanDayton

What companies are you partnered with or seeking to partner with in future ?

Priyanshu Singh:
We’re extremely thankful to have the support from some really promininent names in the blockchain ecosystem. Polygon founders Sandeep, JD, Draper Dragon, Woodstock Fund, Tezos India, Ocean, and Tony G
just to name a few…

Q2 :Question by mr_braggs

Can you shed more light on Safle re-layer infra which replaces layer 2 and reduces gas fee to almost nill

Apoorv Shankar:
Safle relayer infra aids user onboarding and user access by paying the fees on behalf of the user. It doesn’t reduce the protocol fees, just enables the developer to pay gas fees for the user to smoothen up user experience. It uses both on-chain and off chain mechanisms to do so.

Q3 :Question by GeralynWilkinson

What is total supply of your project? Where we can buy it? Are your plans to focus on market or to grow community?

Priyanshu Singh:
$SAFLE will have a total supply of 1 billion tokens. We are focused on growing our community and spreading Safle across the globe 🙂

Q4 :Question by theelement6

Since NFT is popular nowadays, is there a plan for NFT integration?

Priyanshu Singh:
Safle is a non-custodial multi-chain wallet for your digital assets. Yes, you can store, send NFT’s in your Safle wallet and much more!

Q5 :Question by yasearabaa

What is your advantage over other projects? Is it from a security point of view or the technology you are using? Or are there other advantages? What makes you believe that your project is worth choosing?

Apoorv Shankar:
The advantage is that the user is always in control of what is happening with their wallet. The wallet is 100% non-custodial. The feature set and development is governed by a DAO.
Yes, from a security perspective, what we have built is a leap from the existing wallet infrastructure. It enables the user with multi-platform access without any trade-off with security. Safle Vault uses a 7 layer encryption technique to safeguard the keys on all platforms. The user always has the flexibilty to move the vault to cloud, to browser or to their mobile device. Every interaction with the private keys are done on the client only and this entire thing always remains opaque to Safle’s infrastructure.
We believe in the ethos of blockchain, and we want people with the same belief to be our users. If you believe in the same, join the ride. It is worth choosing. WORD.

Q6 :Question by salatienian

Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?

Priyanshu Singh:
One of our core philosopies behind Safle was to break down the barriers to entry in this highly jargonized space. It is very much suitable for newcomers as well as a veteran defi degens

Q6 :Question by Samantaksaha

Can you explain to me in simple words how Safle different from other non-custodial wallets like Metamask/Trust Wallets?

Apoorv Shankar:
1. Goverened by a DAO.
2. Multi Blockchain with vault security.
3. Developer infra with user onboarding — Keyless transactions.
4. Cross platofrm — Cloud, browser, mobile.
5. Auxillary Features — On Ramp, Token Swaps, One Click Defi etc.

Q7 :Question by DonitaBurnett

Where I can get the latest updates or more information about the project?

Priyanshu Singh:
We are quite active on all our socials! Discord | Twitter | Instagram | Telegram Ann | Telegram Chat | LinkedIn | Medium | Reddit

As an early SafleNaut, here are community rewards you can expect upon the $SAFLE Token Generation Event (TGE). 👨🏽‍🚀

🥇First 1000 registered SafleID’s 200 $SAFLE

🥈Next 1000 registered SafleID’s 150 $SAFLE

🥉Next 500 registered SafleID’s 100 $SAFLE

Early Access Steps:

Step 1 : Signup for your SafleID here : https://app.getsafle.com/register

Step 2 : Once you’re added to the waitlist, you will receive an email confirmation within 24 hours confirming your whitelisting.

Step 3 : Finish the registration process by pushing your registered SafleID on the blockchain.

Final Step: Tweet your registered SafleID @getsafle ✨$SAFLE 🚀

Video tutorial : https://youtu.be/kF9cRg6bF4w

Q8 :Question by Sid0805

What is the Supply of $SAFLE ? What is meant by SafleKeyless , will it possess any threat to the wallet of the user ?

Apoorv Shankar:
1 Billion.
Safle Keyless is a wallet provider infra which helps developers to integrate “login/sign via safle” in dApps. It also helps user to use dApps and sign transactions with ease and security. You can read more about it here — https://www.npmjs.com/package/@getsafle/keyless-transactions

No, it enhances user security. Instead of exposing keys and key signing mechanism directly to a dApp it creates a multi layer authentication mechanism which securitises user keys by creating a virtually air-gapped system with safle vault.

Q9 :Question by ggt3416

I think your project is great so how is the way to buy your token? any presale and publicsale?

Apoorv Shankar:
Thanks!
IDO is in Q4. Buckle up for that. Join the discord and telegram for regular updates.

***AMA ENDS ***

Connect with us :

Safle 🔗

Website | GitHub

Discord | Twitter | Instagram | Telegram Ann | Telegram Chat | LinkedIn | Medium | Reddit

About the Author

Sheldon Fernendes
Sheldon is a Crypto Enthusiast and full-time writer at BeingInvested. He is a B.com graduate with an avid interest in finance and investment management. Attracted to the chaos of trading, Sheldon has invested in BTC, ETH, LTC and XRP for educational purposes.

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