The Cryptocurrency was found on binance smart blockchain
The Coin which is still on it early stage of foundation has become one of the most watch coin in crypto world.
According to data release by coinmakprketcap.com, safemoon has over take Bitcoin as the most watched coin.
The founder of Safemoon place some policy for those who intend to sell their currency early.
For those who sell their currency early will be charged a fee of 10%, in this 10% fee charge from who sell early, 5% will be redistributed to does still holding the coin, while the remaining 5% will be liquidated.
According to safemoon Website the Policy is "RFI Static Rewards
Holders earn passive rewards through static reflection as they watch their balance of SafeMoon grow indefinitely.Safemoon website
What it mean is that everyone holdings safemoon coin is rewarded every time another holder sell their own.
Safemoon founders has a numerous project at hand working on right now.
Some of the project are:
1. Safemoon wallet
According to announcement on the website and on it Twitter handle, safemoon wallet will be released on the 16th of June 2021.
The exchange is when safemoon coin will be trade or pair with other major cryptocurrency coin.
Safemoon Exchange will begin after the release of sofemoon wallet.
According to the roadmap release on the official website of Safemoon, the cryptocurrency will have it card.
Safemoon card will be use with automated Teller machine, to send and withdraw safemoon.
Safemoon Video Game
Safemoon video game integration will be built which will be used as a means of reward and Gain for those playing the game.
Safemoon Education app.
Safemoon will built educational application that will be available on Google's and apple Play store to make learning easy.
Safemoon Partnering with Gambia
Safemoon says it will also partnering with gambia to provide technology for innovations and learning purpose.
Some people now assume it to be doge killer.
For more information on safemoon, read the roadmap below as release on official website.
What we'll be up to in 2021
Q1 2021Protocol InitializedWe have successfully onboarded and confirmed a DogeCoin trading pair with Bibipom. We have also successfully begun integration process with WhiteBit and began legal paperwork with Bitmart. Our team size has doubled and our marketing campaign has begun.
Q2 2021The Initial PushThe Whitebit tokenomics integration will be completed along with the completion of the SafeMoon App, Wallet, and Game(s). The Bitmart integration with tokenomics will also be completed in this quarter. We will begin architecting the NFT Exchange as well as video-game integrations. We will be integrating SafeMoon with African Markets in addition to setting up a Charity drive and charity vote. We will be exploring other exchanges (i.e. Binance) and begin architecting the SafeMoon Exchange. We will be expanding the team by 35% and establish a UK/Ireland office. We will be architecting a crypto educational app as well as onboarding new partners.
Q3 2021Holding the LineWe will finish our crypto educational app and begin our own charity project. We will begin a community listing donation raise for several exchanges (i.e. Coinbase, Binance, Kraken). We will finish our NFT exchange and release our first video game with SafeMoon integrated. We will be expanding the team by 25% and do a community meetup (pending covid restrictions). We will also be integrating with other large exchanges (I.e. Binance, Mandala).
Q4 2021To the Moon!We will finish the SafeMoon Exchange and our charity project. We will finish integrations with our first African market and begin the next integrations with additional African markets. We will create an African based SafeMoon Office and begin hiring in those markets to create jobs. We will be taking donations for our next charity project and begin a vote on the next project as well. We will be establishing a SafeMoon Scholarship in this quarter as well.Safemoon