Introducing the Safeguard Token

What is SGT?

The Safeguard Token (SGT) is a NEP-5-based token with various functionalities, and is a key component of the Safeguard ecosystem.

The role of SGT in building Safeguard’s accident prediction software

Our token model is built in such a way that it facilitates the establishment of a micro-economy. This means that as the number of users within our ecosystem grows, our prediction capability grows too. The overall usability of the Safeguard app and platform will thereby strengthen continuously. Crucially, as the system grows in functionality due to its increasingly-optimised prediction capability, members are further incentivized to contribute to the Protocol and make use of SGT.

The Safeguard Protocol’s decentralised nature implies that there is no single party who has control over the platform in its entirety. Rather, due to it being open source, anyone can contribute to the entire ecosystem; enabling to add value to the existing platform by developing their own Oracles. The community will then review the Oracle, and if it passes validation, the creators of the Oracle will be rewarded in SGT whenever the Oracle gets a request. Incentivization is therefore a fundamental part of the ecosystem’s model, fostering a strong community of developers that will benefit when contributing to the Safeguard Protocol source code.

Token sale details

Total token supply
113,400,000 SGT
Pre sale target
€750,000 in NEO
Total SGT to be sold
75,297,600 SGT (66.4%)
Crowdsale target
€9,250,000 in NEO
20% bonus for presale participants
Development
50%
Marketing & Sales
20%
Business Development
20%
Operations
10%
Use of funds
Token sale participants
66.4%
Team and advisors
14.3%
Token store reserve
10%
Bonus allocations
9.3%
Token distribution

How to participate?

Presale whitelisting will start on
To be announced

The SGT presale will start on
To be announced