Safecoin is the digital token used by the SAFE Network. It is used by members and users in the network for different applications. A member who contributes by sharing a part of his spare computing resources is compensated with a safecoin token. It is also used as incentives for developers who create apps that run in the SAFE Network.
Safecoin was developed by MaidSafe, who is also the creator of the SAFE (Secure Access For Everyone) network.