Revolutionary Crypto-to-Fiat Bridge Takes a Hands-Off Approach Set to Take the Industry by Storm
2022.04.01 10:36
Revolutionary Crypto-to-Fiat Bridge Takes a Hands-Off Approach Set to Take the Industry by Storm
Imagine you could execute a crypto-to-fiat transfer today and have the recipient receive it today in his/her bank account. As much as crypto-to-fiat on and off-ramps are continuing to evolve, the reality is the majority of solutions can’t help you do such transfers on the same day, let alone within seconds! That’s largely due to KYC and AML requirements and restrictions enforced by banks around the world. Those same services also leave you with no choice but to convert crypto to fiat before you withdraw to your bank account. That means paying even more fees.
The good news is, with the launch of SafeGram, imitating and completing a crypto-to-fiat transfer on the same day is now a reality. Customers of the platform can take the funds they’re holding on the blockchain from the world of decentralized finance back into the traditional financial system. At the time of this writing, no fewer than 120 countries can initiate transactions through the platform.
It’s a secure, efficient, and safe way to transfer value on a one-to-one basis from the blockchain to fiat format all around the globe with ultra-low fees.
SafeGram’s Journey to Comprehensive Crypto-to-Fiat Bridging
The team at SafeGram has been making waves since the project first launched its SafeGram Send Money Services beta version mid-last year. For a year straight now, the team has been heading every milestone on its roadmap. Today, the project’s ecosystem provides a robust offering of product solutions next to the transfer solutions through its SafeGram Send Money Services that include the Crypto-to-Fiat BridgeTM, powered by SafeGram Tech and ATMs. This is a part of a larger ecosystem strategy which includes SafeGram Send Money Services, as mentioned above, SafeDEX a powerful DEX, and SafeStarter the multi-raise launchpad which we’ll discuss further in the article.
Remittance Tools for Both Individual and Business Users
Safegram’s mission is to revolutionize the fund transfer industry with its Crypto-To-Fiat BridgeTM, powered by SafeGram Tech, by providing users with the ability to send crypto to fiat funds in 1:1 value ratio anywhere in the world within the same day typically, and in many instances under a minute once the process starts. Simply receive money in a bank account or cash out at one of SafeGram’s machines. You can already understand the implications of this type of revolutionary service for both businesses looking to pay their bills and regular users needing to send money to their loved ones, friends etc..
Remitting payments with the platform takes place using a tiered level of services that differentiates between transfers made from business to customer and from business to business. Holders of the project’s $GRAM token get to benefit from this service, whether the solution they need involves basic, entrepreneur, or enterprise-level requirements.
The best part is a portion of the revenue generated from the SafeGram Money Services goes towards funding prize pools, development, marketing and $GRAM token buybacks. To clarify up to 50% of the revenue from SafeGram Send Money Services Fees will go back to the users of the platform, more specifically the stakers thus incentivizing not only investors but users of the platform. Up to 30% of the revenue generated from the same Fees will be used for a mixed combination of discounts, funding of VIP product services that partners will engage on with SafeGram, and profit-sharing structures with partners for true B2B and B2C incentives! The remaining 20% will be used for operational needs, marketing, R&D, and specific product undertakings.
The SafeDEX, a SafeGram’s solution to decentralized exchanges
SafeDEX is a decentralized permissionless exchange that provides users with access to the most widely traded tokens, including $GRAM. What’s most interesting about it is that it pays homage to some of the most successful decentralized platform solutions out there such as UniSwap, Curve, PancakeSwap, SushiSwap and builds on it even more by incentivizing its userbase be it liquidity providers, stakers, and traders, by providing an added incentives from all of its products. Traders can benefit from its revolutionary VIP SF (Self-Funding) Pools and VIP ILPTM (Impermanent Loss Proof) Pools powered by SafeGram Tech, including other high-yield staking pools, reflective pools, VIP pools among others. Let’s not forget the addition of the trading bots available on the platform, offered by verified SafeGram partners.
The best part is that qualified $GRAM token holders, specifically, stakers, enjoy massive rewards that compensate for all the ultra-low fees generated during swaps, add or removal of staking pools. On those special days, we will see ZERO Fee events. . SafeGram is looking to one-up popular mainstay DEXs the likes of UniSwap and Binance Smart Chain’s PancakeSwap.
50% of fee revenue, generated from swapping, add/removing fees for staking pools on the DEX, will go back to qualified LPs and stakers. In addition to that 50% of fee revenue from SafeGram Send Money will pour back to SafeDEX LPs and Stakers. The same will happen with SafeStarter where a portion of the revenue will go back into the SafeDEX platform for one truly mighty SafeDEX!
There are plenty of incentives to acquire, HODL and stake the $GRAM token just based on the listed incentives in the article., . Couple that with the benefits of staking $GRAM with launchpad and you have plenty of reasons to utilize SafeGram.
SafeGram’s Project Launchpad
The crypto space is filled with many well-meaning launchpads. Safegram’s is dedicated to bringing both exclusive and high-level projects to market for qualified $GRAM holders i.e. stakers, who take the opportunity to compound their tokens and support the development of great projects. In addition to that the launchpad offers partner launchpad projects giving you another major reason to build up your GRAM positions and benefits from IDOs.
The Future of International Remittances Is What’s Happening Now
With these three different solutions all taking shape at the same time, SafeGram powerful incentives aim to empower the userbase with a powerful set of tools and platforms, and it all starts from SafeGram Send Money Services, allowing the user to remit crypto funds around the world in a usable, decentralized and non-custodial way.. It’s time to impact the market dominated by Western Union (NYSE:WU) and MoneyGram, two industry powerhouses in the world of international remittances that prey on people sending money to developing nations around the world by charging exorbitant fees and requiring high levels of personal information from customers.
According to the World Bank, international remittances grew by 7.3% around the world in 2021. As long as that’s the case, centralized services are going to stand to benefit to an unfair degree and at the expense of the average hard-working individual who can barely afford to send money to people they care about.
It’s obvious that blockchain technology is the disruptor that’s going to change everything, but until now, there hasn’t been a project service like SafeGram that can really take away market share from the big boys.
With the launch of the project, it’s clear that the international remittances game is about to change forever. The future is now!
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