SelfKey is a fast-growing blockchain startup developing digital identity solutions. They empower individuals and corporations to take back ownership of their identity data.
SelfKey is building a blockchain-based identity system that allows identity owners to truly own, control and manage their digital identity.
At the very heart of this individual freedom, lies control over our personal identity data.
However, this information is stored in centralized databases, prone to data breaches and security hacks.
As technology digitizes the world, outdated paper-driven systems cannot be relied upon.
Blockchains allow us to build a more private, secure, and transparent identity system that respects our individual freedoms.
Selfkey Review
The SelfKey Foundation has obtained the Regulatory Sandbox License (RSL) from the Board of Investment of Mauritius.
This RSL license allows SelfKey to develop identity products with a greater level of regulatory certainty, in line with our mission to allow individuals to truly own and control their digital identity.
Being approved by the Mauritius BOI reaffirms our project’s potential and positions us under the scrutiny and monitoring of a regulator, which can help them to meet established milestones.
Mauritius has been referred to as “Ethereum Island” and is becoming an international hub for blockchain startups.
The SelfKey Network consists of the most promising fintech and blockchain startups that are helping us realize the vision of self-sovereign identity.
Their worldwide partners include notable law firms, banks, notaries, translators, accounting firms, and government officials.
With many of their products and services listed in the SelfKey Marketplace, it is the one-stop-shop to explore, compare, and instantly sign up for a broad range of financial, corporate, immigration, and cryptocurrency-related services.
The SelfKey team is spread across 20 countries – we love being an international team.
Working remotely gives our team the freedom to work from where they want, when they want.
Every Friday, there is a company-wide meeting to go over key objectives, priorities, and to stay updated on what everyone is working on.
Twice a year, we host meetups so our team can meet face to face.
Previous meetups have been in Spain, Portugal, London, and Thailand.
Selfkey Coin Details
- Ticker: KEY
- Token type: ERC20
- ICO Token Price: 1 KEY = 0.015 USD
- Fundraising Goal: ETH
- Total Tokens: 6,000,000,000
- Available for Token Sale: 33%
- Role of Token: UTILITY
- Unsold Tokens: WILL BE BURNED
The top exchanges for trading in Selfkey are currently:
- Binance,
- HitBTC,
- WhiteBIT,
- KuCoin, and
- Bilaxy.
Selfkey Coin Price Prediction
The live Selfkey coin price today Feb, 20th is $0.008592 USD with a 24-hour trading volume of $22,016,135 USD. Selfkey is down 6.10% in the last 24 hours.
The current CoinMarketCap ranking is #506, with a live market cap of $33,322,908 USD. It has a circulating supply of 3,878,195,381 KEY coins and the max.
Selfkey (KEY/USD) Price Prediction : Questions & Answers
What will be the lowest price of Selfkey (KEY) in future? | Upto $0.03738833 USD |
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What will be the highest price of Selfkey (KEY) in future? | Upto $0.04329711 USD |
Will Selfkey (KEY) price increase in future? | Yes, Selfkey (KEY) price will increase according to our predicted data in future. |
Investment in Selfkey (KEY) is profitable or loss-making? | Yes, Selfkey (KEY) is profitable investment based on our forecasting. |
Whether the price of Selfkey (KEY) will be downward in future? | No, Selfkey (KEY) price will not be downward based on our estimated prediction. |
In 1 year from now what will 1 Selfkey be worth? | The price of 1 Selfkey (KEY) can roughly be upto $0.01701052 USD in 1 years time a 2X nearly from the current Selfkey price. |
Where do I buy Selfkey? | Binance, HitBTC |
What will the Selfkey Price be tomorrow? | Our algorithm predicts that the Selfkey Price can be up to $0.00890056 USD by tomorrow. |
What will be the price of Selfkey (KEY) after 1 year? | Upto $0.01701052 USD |
What will be the price of Selfkey (KEY) after 2 years? | Upto $0.02075367 USD |
What will be the price of Selfkey (KEY) after 3 years? | Upto $0.02588666 USD |
What will be the price of Selfkey (KEY) after 4 years? | Upto $0.03085148 USD |
What will be the price of Selfkey (KEY) after 5 years? | Upto $0.02827226 USD |
What will be the price of Selfkey (KEY) after 6 years? | Upto $0.03233320 USD |
What will be the price of Selfkey (KEY) after 7 years? | Upto $0.03916817 USD |
Selfkey & KEYFI Airdrop for KEY Token HODLers on Binance
Two airdrops are better than one! SelfKey and KeyFi, together with Binance, are bringing you not one but TWO airdrops for KEY token holders on Binance.com.
From February through June this year, eligible hodlers* of KEY may be airdropped KEYFI tokens as well as additional KEY tokens, as detailed below.
Airdrop of KEYFI Tokens
Eligible KEY token hodlers will receive an airdrop of KEYFI proportionate to their KEY token balance on Binance.
- Amount of airdrop: 1 KEYFI for every 22,500 KEY
- Date of airdrop: 8 July 2021
- Minimum hodling of KEY to receiving airdrop: 88,000 KEY
- Snapshots for calculation of airdrop amounts: according to the schedule below
- Token Contract: https://etherscan.io/token/0xb8647e90c0645152fccf4d9abb6b59eb4aa99052
The amount of KEYFI you may be eligible to receive will be determined according to multiple snapshots of your Binance wallet balance.
The snapshots will be taken once per month at 8:00 AM HKT (UTC +8:00), beginning 28 February 2021 and ending 28 June 2021.
For this airdrop, eligible hodlers will receive one KEYFI token for every 22,500 KEY tokens held on average throughout the five snapshots. The average amount of tokens held throughout the five snapshots must be at least 88,000 KEY.
The dates and times of the snapshots are:
Airdrop of Additional KEY Tokens
There’s more amazing news for KEY token hodlers!
The SelfKey Foundation will provide additional KEY tokens to KEY token hodlers in a second airdrop.
The SelfKey Foundation is providing additional KEY tokens to be airdropped in order to distribute more of the community pool in a manner that is as fair and transparent as possible.
The distribution of additional KEY tokens will be as follows:
- Amount of airdrop: 1 KEY for every 60 KEY
- Date of airdrop: 18 July 2021
- Minimum hodling of KEY to receiving airdrop: 500,000 KEY
- Snapshots for calculation of airdrop amounts: according to the schedule below
The amount of additional KEY you may be eligible to receive will be determined according to multiple snapshots of your Binance wallet balance.
The snapshots will be taken once per month at 8:00 AM HKT (UTC +8:00), beginning 8 March 2021 and ending 8 July 2021.
For this airdrop, eligible hodlers will receive one KEY token for every 60 KEY tokens held on average throughout the five snapshots. The average amount of tokens held throughout the five snapshots must be at least 500,000 KEY.
The dates and times of the snapshots and the airdrops are:
Here are some example scenario to better understand the airdrop distribution:
Example Scenario – KEYFI Airdrop
Scenario 1
Chad is a KEY hodler and Binance user and the KEY token balance he has on his Binance account during the snapshot periods were:
Phase | Phase 1 | Phase 2 | Phase 3 | Phase 4 | Phase 5 |
KEY Token Balance | 80,000 | 90,000 | 100,000 | 90,000 | 90,000 |
With the above balances during each snapshot Chad has an average balance of 90,000 KEY tokens over the snapshot period, this makes him eligible for an airdrop of 4 KEYFI tokens.
Scenario 2
Karen is another Binance user, however the KEY token balances on her Binance account during each phase were:
Phase | Phase 1 | Phase 2 | Phase 3 | Phase 4 | Phase 5 |
KEY Token Balance | 50,000 | 60,000 | 100,000 | 70,000 | 70,000 |
With the above balances, Karen will not be eligible for the airdrop as the average of the KEY token balance on her Binance account for all the 5 phases will only amount to 70,000 KEY tokens, which is less than the minimum required amount of 88,000 KEY tokens.
Example Scenario – KEY Airdrop
Scenario 1
Mary is a KEY hodler and Binance user and the KEY token balance she has on her Binance account during the snapshot periods were:
Phase | Phase 1 | Phase 2 | Phase 3 | Phase 4 | Phase 5 |
KEY Token Balance | 800,000 | 900,000 | 1,000,000 | 900,000 | 900,000 |
With the above balances during each snapshot Mary is having an average balance of 900,000 KEY tokens over the snapshot period, this makes her eligible for an airdrop of 15,000 additional KEY tokens.
Scenario 2
Jack is another Binance user, however the KEY token balances on his Binance account during each phase were:
Phase | Phase 1 | Phase 2 | Phase 3 | Phase 4 | Phase 5 |
KEY Token Balance | 200,000 | 300,000 | 600,000 | 500,000 | 400,000 |
With the above balances, Jack will not be eligible for the airdrop as the average of the KEY token balance on his Binance account for all the 5 phases will only amount to 400,000 KEY tokens, which is less than the minimum required amount of 500,000 KEY tokens.
About Selfkey Coin Eligibility and Calculations
For the purposes of airdrop calculations, only KEY tokens in your Binance Spot wallet will be considered. Further, snapshots will not include KEY tokens that are unavailable due to trade orders.
Make sure you hodl KEY in your Spot wallet (not open KEY trade orders) at the time of each snapshot.
Deposits and withdrawals of KEY will be suspended on Binance.com at the time of each snapshot. Trading of KEY will not be affected. Deposits and withdrawals will be reopened after the completion of each snapshot.
Please note that KEY tokens that are pending deposits or withdrawals at the time of the snapshot will not count towards your balance. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
Final Verdict
SelfKey is a blockchain technology startup developing innovation in digital identity management, empowering individuals (and corporations) to truly own, control, and manage their personal data.
With data breaches happening every week, our mission is to change how the world manages and processes identity transactions using blockchain technology.
This will create a safer world where our personal data and privacy is protected.
During the token sale in January 2018, Selfkey reached the ‘Public Sale Max Cap’ in 11 minutes, raising $22M.
The blockchain identity management market is expected to grow from $90.4 Million USD in 2018 to $2 Billion USD by 2023, at an annual growth rate of 84.5%.