What Is Shefo?
Shefo is a decentralized token based on the blockchain technology. Its aim is to build a community system. The community system will have the ability to bring Shefo tokens between the users to replace the existing. Every community user will have their own Shefo token in each forum, blog, or page supporting Shefo. The token will also be available on the Shefo portal when the portal gets live at the end of 2018.
How Shefo Cryptocurrency & Blockchain Use Works
The community system will build a point and donation system to be used in social media pages. The token will be based on the Shefo portal that is a media community and will be the point system for its users. Users can buy and sell their Shefo tokens by fiat money on the Shefo portal.
Additionally, the portal will also be used as a blog community platform where users can write content, and share the content. The community system will be able to bring the Shefo tokens between the users. Users will also be able to donate their tokens using the point system and get a higher rank depending on the donations they give or receive.
Every user on the platform will have Shefo tokens of their own. The Shefo token hopes to create a system that allows users to donate a portion of their tokens to each other and for them to get donations in return.
Shefo SFX Token ICO Details
The Shefo token (SFX) is an ERC20 token based on the Ethereum network. The token total supply will be at 60,000,000,000 and 40,000,000,000 of these tokens will be provided during the crowd sale. The pre-ICO sale will end on 8th June 2018 and the ICO will end on 13th July 2018. The exchange rate of the tokens will be at 4.0 E=8 ETH. The accepted payment method is ETH.
Investors can buy the Shefo tokens on exchanges. The token will first be listed on HitBTC but the platform has plans to get the token listed on other exchanges such as Binance, Bithumb, and Okex.
Shefo Bounty Program
The platform will have a bounty program and the pool of prizes will be 500,000,000 SFX. Users who wish to be rewarded will have to perform different tasks including:
- Follow the Shefo Token on twitter and send them your username
- Promote the token either on Facebook, Reddit, or any other social media pages and send the link to the Shefo token platform. If you post on many pages, you have more chances to win the prizes.
- Comment on Shefo Token bitcoinTalk post and send the link to the Shefo token platform
- Users can also send an image to the Shefo token platform proving they have bought at least 0.1 ETH in Shefo.
The competition will start on 17th May 2018 and will end on 24th June 2018. The winners of the bounty will be announced on 1st June 2018 and the tokens won will be issued to the winners after the end of the ICO.