SelfKey

Your Key To Freedom

ERC20 Token

SelfKey (KEY)

SelfKey is a blockchain-based self-sovereign identity system that allows individuals and companies to truly own, control and manage their digital identity, securely manage their cryptocurrency portfolio and instantly onboard onto financial, immigration and cryptocurrency services.

SelfKey makes KYC simple, painless and easy, providing access to hundreds of products and services. Relying parties, certifiers and identity owners can transact in a secure, private, decentralized manner.

The KEY token is an Ethereum ERC-20 compliant cryptographic token used as access rights, proof of reputation and payment unit within the SelfKey Network. The KEY token is a trust mechanism that allows participants to exchange value within the SelfKey Ecosystem.

The SelfKey technology and team has graduated from several accelerators as KYC-Chain, has gone through a POC with Standard Chartered Bank and is powering KYC of some of the most promising Token Sales and Fintech startups.

“Empowering individuals and organizations to find more freedom and privacy through the full ownership of their digital identity.”

Buy & Sell
Positives

  • Protecting Ones Identity Is Becoming More and More Important When Participating in Any ICO’s or Events That Require KYC Verification. We’ve Seen Popular ICO’s Have Their KYC Database Compromised Again and Again, It Seems Using a “Third Party Service” To Host KYC Details Isn’t Going to Cut It Anymore. Selfkey Has a Great Opportunity Here.
  • Selfkey Has Plans to Expand out from the “Crypto World” And Offer Services to Applications Where Users Are Not Familiar with Blockchain Technology or Cryptocurrency at All. Adoption Is Easier When People Don’t Have to Learn or Invest Their Time to Use an Application.
  • Plenty of KEY Available for Use in the Selfkey Ecosystem. The Target Audience for Selfkey Is Very Large and Inflation of the KEY Token Would Happen Pretty Quickly If the Supply Was Too Small. Looks like They’ve Found a Great Middle Ground Here.
  • A Very Impressive Amount of Partners Considering the Age of the Project at the Time of Writing (April 2018). Great Quality Partners Including Airswap, Segasec & Kyber Network.
  • Organic Growth Is Super Easy for Projects like This. With Selfkey Branding/Advertisement on the ICO’s That They Service, Think about How Civic (CVC) Got the Majority of It’s Popularity.

Exchanges

Concerns

  • Looking at Selfkey’s Roadmap, It’s Very Obvious That This Is a Long Term Project. The Roadmap Currently Shows Milestones up until Q4 2019. Anything That Involves Security Should Be Taken Slowly to Ensure Everything Is Developed and Maintained Securely. Selfkey’s Competitors Didn’t Just Pop up Overnight. Not a Direct Concern for Selfkey but Something Investors Should Understand Before Diving In.
  • Civic Is a Serious Competitor Here with Services Already Established and Deep Roots in the Identity/Verification Crypto Space. That Being Said, Selfkey Have Had the Opportunity to Observe Competitors like Civic for a While Now and They’ll Obviously Want to Improve on Areas Where Long-standing Projects Have Failed To. Thekey Is Another New Competitor Here Working in the Same Space, but after Some Research, It’s Possible That These Two Could Co-exist to an Extent
  • No Other Concerns Here. Selfkey Has the Potential to Improve on Areas That Their Competitors Are Lacking In. Finding a Point of Difference Is Important Here Due to the Nature of the Idea. Users Are Going to Want an All-in-one Solution and They’ll Opt for the Best Offering. Selfkey Looks Great Moving Forward Through 2018 and into 2019.

Official Links
Token Details

Token Type

ERC20

Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet

Token Statistics

Supply

• Ticker: KEY
• Total Supply: 5,999,999,954
• Circulating Supply: 1,912,447,546
• Token Use: Services & Fees

Founders

The Team

Edmund Lowell (Founder)
Terry Lin (Manager)
Marc Gras (Marketing)
More

Industry

& Competitors

• Identification & KYC
• Fintech Applications
• Competitors – TheKey, Civic

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