Safemoon is one of the most supported and hyped tokens of crypto space. It has gained so much attention from investors despite being only a 1-month old project. We’re one of the 1st blogs that announced Safemoon, and you can read the post by clicking here.
As its investors, we were also a little cautious about the project because many people said it’s a scam, and it doesn’t have any proper business plan and a whitepaper when we were announcing that. We didn’t need to put our beloved followers in some trap.
But now, after one week, we have so many things to talk about the project and its roadmap.
Introduction
Those who don’t know what is Safemoon need to read this section first before investing in Safemoon.
Safemoon Protocol
Safemoon token used the BSC(Binance Smart Chain) platform to build its token. To safeguard the new investors, the team behind Safemoon used the Safemoon Protocol. Most new cryptocurrencies fail because their first few investors that have more coins sell their coins early. These investors get so many coins for low prices and sell at early stages when it hits their investment target. These whale sellings hit hard on a token price, and most tokens never recover from these price drops. In Safemoon Protocol, the protocol cut off 10% of sellers’ gains, distributes 5% among the other investors, and adds 5% to the liquidity pool.
They have ensured 100% safety of Safemoon investors.
Step 1
Devs burned all tokens in the dev wallet before launch
Step 2
Fair launch on DxSale
Step 3
The liquidity pool on DxLocker is locked for four years
Step 4
Liquidity pool generated with every trade and locked on Pancake.
Safemoon Accomplishments
Safemoon has accomplished so much this month, and it already has over 300000+ holders. They have already listed on two major cryptocurrency exchanges, and these exchanges are WhiteBit and BitMart. You can send your Safemoon from Pancakeswap to WhiteBit or BitMart now. They are now trying to get into the Binance exchange. If that succeeds, Safemoon will skyrocket and hit crazy all-time highs.
They have made their merch, and they were sold out in less than two days because of the massive community behind the project.
The Team Behind the Project
John Karony(CEO)
He is a well-experienced game developer and also the CEO of TANO from Virginia, USA.
Thomas Smith(CTO)
He is a well-experienced block-chain developer and also the CTO of TANO from New Hampshire, USA.
Other team members
Henry Wyatt(Director of Software Development)
Trevor Church(Core Team)
Future of Safemoon
Safemoon is planning to build their exchange to give holders rewards for holding Safemoon and other cryptocurrencies. It’s not clear how they will achieve that with a cryptocurrency like Bitcoin because its circulation supply is low and the price is high.
There are some more exciting things like SafeMoon App, Wallet, and Game(s) in their road map. They will also architecting an NFT Exchange.
Now we see potential in their token. If you think you’re late to the party, then research more and decide what needs to be done. If we see the things they promised in time, Safemoon will be one of the best investments of your life. We are not financial advisors and do your research before investing any money into cryptocurrencies.
What do you think about the project and why you think it’s going up? comment your idea in the comments section. If you want to buy safemoon you can now buy safemoon on few new exchanges WhiteBit and BitMart. there will be more and being an early investor is always a great feeling. People already made millions with Safemoon and you could be next.
Yes and also safemoon burning is going down with time. Have you heard any burning recently?