How about : Safeonz ? Safronz ? Safionz ? Safeions ?
Chillex. Simple but accurate
another one;;; Safexos ?
One Safexo, 100 Safexos.
No update from last week?
So the 6th then now 14th. So it seems that its 8 days instead of 7.
I totally agree. Why go confuse people with two totally different names for two things that belong under one name "SAFEX COIN ⢠& SAFEXCHANGE⢠should be the names used. Keep it simple and yes the acronym wil stay SEC.
Safex Cash works well! I like it! Bit strange if you try to use it in the plural? e.g. 100 Safex cashes?
Perhaps Safex Coin could be an alternative? Might sound boring but to the point!
I really dont understand why people are so fixated on âcoinâ (or âcashâ)? It is not a coin, it will not be a coinâŚ
The Oxford English Dictionary;
Coin - A flat disc or piece of metal with an official stamp, used as money.
Cash - Money in coins or notes, as distinct from cheques, money orders, or credit.
Credit - [mass noun] Entitlement to a set amount of a particular companyâs goods or services, typically paid for in advance of use.
Its pretty clear which term makes most sense.
Furthermore we should avoid being labelled as simply âanother cryptocoinâ or âthe latest version of bitcoinâ. It should be clear this is a new, unique community. Not the next iteration in an already existing system.
I like coin, itâs good to use words people are most used to, like bit-coin.
The dictionary is also hundreds of years old, technology changes, and so do the implied meaning of words.
I agree with the above post that âcoinâ is more appropriate than âcashâ
For example, it would we weird saying an item costs 5 Safex cash, as opposed to saying the item costs 5 safex coins.
I also strongly think my earlier idea of Safex shares is the best for the asset portion. People understand stocks and ownership and the world âsharesâ is easily interpreted as such.
In summary,
SAFEX COINS (SEC)
SAFEX SHARES (SAFEX)
SAFEX MARKETPLACE
SAFEX BLOCKCHAIN
Great points @StrangeCharm . Iâm happy to hear Iâm not the only one who feels Coin and Cash are inappropriate for the situation. I still feel Credit (CRED) or Safex Credit (SXC) is the best way to go.
@webber I have to give you a nod as well. The use and meaning of words change as time goes on and societies evolve. We shouldnât limit ourselves by applying the rules of the old world when we are designing the future. That being said, I still prefer Credit.
[quote=âSheepWazoo, post:71, topic:2314â]
I still feel Credit (CRED
I do like this as well, especially CRED as its ticker (subconsciously could trigger the word âcredibleâ)
How about Chex? Chillie+Safex, plus it has the monitary play on words with cheques. Short, sharp, 1 syllable, easy to use. Could see people using it casually in mass adoption.
Donât call them Safex cash or Safex coins or even Safex credits.
Just credits.
I will give my two cents on : âcreditsâ
There are negatives attached to this.
And a limiting factor as well.
Negatives, because there are forms of credits that we know about ;(store credits) is one, to keep it simple I will stick with this one.
(Gift cards is another).
Lets say that you bought something at the store (you paid cash) but return the item and are not satisfied.
The owner offers to âcreditâ the amount to your account.
Every one would prefer to receive cash back !
Now you are stuck ((limited)) to spend the credits only at that store and nowhere else !
Credits have no real value by themselves, and there is no sense of ownership.
It feels more like a graceful gesture from the store on your behalf.
Its more like a frail agreementâŚ
There is no set amount of credits no scarcity etcâŚ
One way to look at itâŚ
(And think about âcreditâ cards !)
I like the idea of what we holding at the moment being classified as shares,considering we will receive dividends.
For the trading how about CEES. Câs ( Pronounced seas,seize or sees )
SafeEx CEES
Ticker SEC (could be a play on securities exchange commission )
So in the near future when Daniel is speaking to sold out,packed out stadiums about this venture,
he can say,so what are CEES?. CEES will be a stable digital currency that is pegged to ( US Dollar,Gold ) that will be used on The SafeEx platform to buy and sell goods in the marketplace.
In some minds it could mean COINS,CREDITS or CASH.
IE: I have 5 thousand CEES,or 5K CEES.
This will cost 8 CEES
For Branding, we could have a coin with the capital C in it,similar to bitcoin,but in a different font (not coca-cola style).
Food for thought.
Thanks
Dirk
Iâm saying just call them credits because what weâre dealing with here is -the- future of global ecommerce. Thereâs no brand to it, the technology demands authority in the marketplace. Anything less than just âcreditsâ makes it sound like just another alt-coin. Itâs not.
As soon as alpha goes live Iâm going to host a LoL or HT buy-in tourny. Start small for fun but who knows. Hopefully theyâll be othersâŚ
I definitely see where youâre coming from with this and I like the near arrogance it has to claim such a generic name. HOWEVER⌠I do fear the lack of branding it has, especially in the beginning when newcomers are gettin used to the new environment. If such a simple name was to be adopted the marketing of it would have to be spot on so there was no confusion over what people were looking for.
Thatâs what I love about Credits (CRED) - Itâs just so arrogant. It doesnât sound like just another altcoin. We take a commonly used term and just take it.
Iâm sure I heard credits used in more then one scifi movie being used as currency. I like that. Like your saying, we are taking it, we are the future. Something like that.