Safe Haven is a platform that offers secure management and inheritance of digital assets through their flagship solution, Inheriti. They provide additional services like identity management and offer various protection plans. While they have mentioned the possibility of introducing lending circles, it is not currently available and not included in their roadmap. However, considering the potential future involvement in lending, it is advised to exercise caution with this token, keeping in mind the Islamic Legal Maxim: 'Harm should be avoided as much as possible'.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Safe Haven demonstrates transparency and legitimacy in multiple aspects. Firstly, it provides clear information about its team and project, fostering trust and credibility. Secondly, while not regulated by any specific countries or regulatory bodies, Safe Haven has a well-defined roadmap and offers a genuine product on the blockchain. Additionally, its token/coin has a fundamental underlying value that qualifies it as "Malâ. | Passed |
| Project | Safe Haven is a platform that offers innovative solutions for the secure management, transfer, and inheritance of digital assets. They provide a range of services designed to address the challenges associated with digital asset inheritance. Their main offering, Inheriti, ensures that individuals can transfer their digital assets to their chosen beneficiaries while maintaining full control and security. Inheriti utilizes advanced technologies such as Smart Contracts and global legal entities to provide a robust and reliable inheritance platform. Safe Haven also offers additional services like identity management and lending circles, expanding the utility of their platform. They have various protection plans, including the Family Circle Plan, Business Continuity Plan, Investment Circle, and Safe Haven Vault, which cater to different needs and scenarios. Safe Haven aims to continuously expand its range of services in the future, and they have mentioned the possibility of introducing lending circles as one of the potential offerings. However, it is important to note that as of now, Safe Haven does not have any lending-related products available, and it is not mentioned in their current roadmap. | Grey |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | SHA is the native token of the Safe Haven ecosystem, driving utility and serving as a fundamental component. It is used in locking or staking mechanisms, allowing access to Safe Haven's products and services. By depositing SHA tokens in time-locked smart contracts, users can make their assets inheritable. Legal entities must lock SHA tokens to access services through the Trust Alliance Network. SHA also plays a role in distribution mechanisms, including the Investment Circle. Additionally, it is used for community rewards, token burning, blockchain fees, and funding research and development. SHA is a VIP-180 token on VeChainThor, utilizing the enhanced capabilities of the VeChain blockchain. | Passed |
| Staking Method | Safe Haven's staking method involves utilizing the SHA token for two primary purposes. Firstly, it serves as a reward system for individuals who contribute to the Safe Haven Platform. This incentivizes active participation and engagement within the community. Secondly, users can stake their SHA tokens in Safe Nodes, which allows them to contribute to the Governance Model. By staking their tokens, users have a say in the decision-making process and help shape the future direction of the project. | Passed |
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