What is SafeMoon? This is a new project from two Cryptocurrency investors that are working on a project that is similar to the “ICO” coin program. The currency trading industry is very crowded and many new coins have come out of nowhere.
The entire field is competitive and it is difficult for new companies to make it in this business without a good support system. ManyICO, which is one of the most successful companies in the entire industry, is in competition with all the newICO companies.
With SafeMoon, they are hoping to have an easy time winning tokens off ofICO giants like Credit Suisse, Morgan Stanley, Goldman Sachs and the other top token investors. Safemoon will launch with a launch capital of $5 million. This is not the norm forICO companies. MostICO uses a much larger fund and there are several high-profile investors in the company that have been long-time traders in the cytotechnology industry. These high-profile investors have been known to be quite aggressive in their investing and can quickly take control of a company.
The goal of SafeMoon is to have their investors make more money than the founding members. This will allow Safemoon to slowly evolve into a Dapps (decentralized application) instead of a traditional website or a company that offers direct investments. This will allow them to slowly build a team of expert developers that will help make the android apps, which will run on top of their decentralized finance platform. It will also allow them to leverage their large investment funds to help them develop new products.
The idea behind SafeMoon is to create an app that can run on top of any decentralized finance platform. When you say decentralized finance system, this is referring to the fact that each owner or trader can create his own app that will operate with the system. The concept of a smartphone app goes beyond this however. A smartphone app can handle currency trades, stocks trades, and smart contracts all on its own. This is what makes it different from traditional blockchains like the LBS or Maidsafe network.
Unlike other coins like Zcash or Doge, the creators of SafeMoon intend to make the tokens usable by everyone. They want to make sure that there is widespread use of the left token throughout the entire ecosystem. They believe this will help to foster growth and adoption. With millions of people using Facebook and Twitter for social media, it will only make sense that there would be a large population of people interested in buying into a new kind of mobile digital currency.
As previously mentioned, Doge has taken a high-risk investment in its coinage, the doge coin. There are many skeptics who are convinced that even a new startup like Doge could not succeed at the current market conditions. However, the developers have shown a great deal of determination. They have also received donations from successful entrepreneurs. It is these successful entrepreneurs, and people backing them, which give them the resources to work on the project full time. Thus, there is a lot of confidence that SafeMoon will be a success, and it is likely that investors will start buying into this new currency once the demand for it becomes clear.
One of the most unique features of SafeMoon is its lack of selling fee. In a traditional virtual currency system, there is usually a trading fee. This fee makes the tokens almost exclusively accessible to people who have made large investments in the system. SafeMoon eliminates this fee, therefore attracting more investors and users.
Another attraction of SafeMoon is the fact that it has a very low start up cost. ManyICO investors would rather purchase their tokens straight up than have to pay a sell and earn fee when they want to trade. In a traditional virtual currency system, you need a large investment before you can start trading. SafeMoon, however, is a Ponzi scheme in its purest form. The token holders don’t need to hold an actual asset to get started.