What is Safe Moon Fast (SFM) | What is Safe Moon Fast token | What is SFM token
In this article, we’ll discuss information about the Safe Moon Fast project and SFM token
Safe Moon Fast Just Entered the Real World
as the First Blockchain Socio-Political Media Platform that supports community building, poverty alleviation and reduction, voting, economic growth, basic social and economic needs and sustainment of a democratic and all-inclusive society thus allowing social interaction amongst citizens and politicians with cryptocurrency rewards.
A blockchain-based decentralised economy
Safe Moon Fast is the next generation reward-based social-political media application that runs on top of a blockchain and enables its users from around the globe to connect while rewarding all participants. Safe Moon Fast introduces a new ecosystem that merges lifestyle with generated income inside a single mobile application accurately and transparently rewarding an unbounded number of individuals who make subjective contributions to its community The concept of turning “authors contributions” into currency has proven its feasibility and capability as seen on Steemit and Medium with their up-voting and reward system respectively. Safe Moon Fast has gone further to reward authors, readers and all contributors by turning “reads, likes, dislikes, comments, shares, views and listens” into SMF tokens that can be used for goods and services in our e-commerce store or exchanged for fiat currency.
ABOUT SAFE MOON FAST
A blockchain-based decentralised economy
Safe Moon Fast is the next generation reward-based social-political media application that runs on top of a blockchain and enables its users from around the globe to connect while rewarding all participants. Safe Moon Fast introduces a new ecosystem that merges lifestyle with generated income inside a single mobile application accurately and transparently rewarding an unbounded number of individuals who make subjective contributions to its community The concept of turning “authors contributions” into currency has proven its feasibility and capability as seen on Steemit and Medium with their up-voting and reward system respectively. Safe Moon Fast has gone further to reward authors, readers and all contributors by turning “reads, likes, dislikes, comments, shares, views and listens” into SMF tokens that can be used for goods and services in our e-commerce store or exchanged for fiat currency.
AIM
Returning Value to the people
Safe Moon Fast aims to support social media and online communities by returning much of its value to the people who provide valuable contributions in the areas of news, videos, project investigation and comments by rewarding them with cryptocurrency (SMF Tokens), and through this process, create a currency that is able to reach a broad market spectrum, including people who are yet to participate in any cryptocurrency economy. Of the key principles used to guide the design of Safe Moon Fast, the most important is that everyone who contributes to a venture should receive pro-rata ownership, payment, or debt from the venture. This is the same principle that is applied to all startups as they allocate shares at founding and during subsequent funding rounds.
PERFECT BLOCKCHAIN SOLUTION
Giving Young People
the power to take charge
The only way USA can solve its many problems is by giving its youth more opportunities to participate in the governance, economy, and society. It is safe to conclude that profit making drives online news media agencies. To solve this problem, Safe Moon Fast Blockchain is a better solution because of its decentralized and easy processes. We believe in our goal to return merits back to the user for the time they spend on social media. Based on a decentralized contribution-reward system, the Safe Moon Fast coin (SMF) is a cryptocurrency reward token that returns the value created via contribution back to the source, namely the creators and curators of the network, thereby eliminating the middleman. Rewards are attached to “reads, likes, dislikes, comments, shares, views and listens” and by creating or recognizing the value of content, all participants get a fair share of the reward pool. Attention is the asset of all businesses, and social media companies are currently owning it. In this way, creators can solicit funding directly from their audience in a way that feels more direct, intimate, and democratic.
PERFECT BLOCKCHAIN SOLUTION
WHAT WE DO And how we do it
- What’s news: We cover the big stories of the day, but we broaden the definition of what’s important.
- Who’s a newsmaker: We do not just cover people in high office or limit news to the partisan horse race for power. We think that people who fight for human rights and work for solutions are newsmakers.
Safe Moon Fast combines real time news (organic news) from all local, state and federal government and rewards writers for writing news, articles, documentaries and editorial. It equally rewards readers for liking, reading, commenting and sharing. An important key to inspiring participation in any community, currency or free market economy is a fair accounting system that consistently reflects each person’s contribution.
Safe Moon Fast decentralized news ushers in a collaborative way to do news by breaking open the newsroom and empowering anyone and everyone to participate. Gathering sources, giving tips, funding the stories that matter, and ensuring open access to both Truthful and Transparent news is now something that everyone can play a part in.
Why Static?
Static rewards solve a host of problems. First, the reward amount is conditional upon the volume of the token being traded. This mechanism aims to alleviate some of the downward sell pressure put on the token caused by earlier adopters selling their tokens after farming crazy high APY’s. Second, the reflect mechanism encourages holders to hang onto their tokens to garner higher kick-backs which are based upon a percentages carried out and dependant upon the total tokens held by the owner.
Manual Burns
Sometimes burns matter; sometimes they don’t. A continuous burn on any one protocol can be nice in the early days, however, this means the burn cannot be finite or controlled in any way. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. The conditions of the manual burn and the amounts can be advertised and tracked. SafeMoonFast aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Furthermore, the total number of Safemoonfast burned is featured on our readout located on the website which allows for further transparency in identifying the current circulating supply at any given point of time.
Automatic Liquidity Pool (LP)
Automatic LP is the secret sauce of Safemoonfast. Here we have a function that acts as a two-fold beneficial implementation for holders. First, the contract sucks up tokens from sellers and buyers alike, and adds them to the LP creating a solid price floor. Second, the penalty acts as an arbitrage resistant mechanism that secures the volume of Safemoonfast as a reward for the holders. In theory, the added LP creates a stability from the supplied LP by adding the tax to the overall liquidity of the token, thus increasing the tokens overall LP and supporting the price floor of the token. This is different from the burn function of other reflection tokens which is only beneficial in the short term from the granted reduction of supply. As the Safemoonfast token LP increases, the price stability mirrors this function with the benefit of a solid price floor and cushion for holders. The goal here is to prevent the larger dips when whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much as if there was no automatic LP function. All of this is an effort to alleviate some of the troubles we have seen with the current DeFi reflection tokens. We are confident that this model and protocol will prevail over the outdated reflection tokens for these reasons
Roadmap
The Initial Push
The Whitebit tokenomics integration will be completed along with the completion of the SafeMoonFast 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 SafeMoonFast 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 SafeMoonFast 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.
Holding the Line
We 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 SafeMoonFast 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).
To the Moon!
We will finish the SafeMoonFast 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 SafeMoonFast 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 SafeMoonFast Scholarship in this quarter as well.
Tokenomics
Total Supply: 1,000,000,000,000,000
Dev Tokens: 225,000,000,000,000
Fair Launch Supply: 775,000,000,000,000
SafeMoonfast
SafeMoonFast employs 3 simple functions: Reflection + LP acquisition + Burn In each trade, the transaction is taxed a 10% fee, which is split 2 ways.
- 5% fee = redistributed to all existing holders
- 5% fee is split 50/50 half of which is sold by the contract into BNB, while the other half of the SAFEMOONFAST tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on Pancake Swap
Safety
Step by step plan to ensure 100% safety
- Dev burned 50% tokens in Dev Wallet prior to launch
- Fair launch on DxSale
- LP locked on DxLocker for 2 years
- LP generated with every trade and locked on Pancake
ABOUT TOKEN
Token name: Safe Moon Fast
Ticker Symbol: SMF
Total Supply: 1,000,000,000,000,000 $SMF
Decimal: 9
BSC Contract: 0xa1fC197aEbb48308bc7C6534b902470Ac62A1e66
Minimum Purchase: 0.1 BNB
Maximum Purchase: 10 BNB
Soft Cap: 10 BNB
Hard Cap: 300 BNB
How and Where to Buy Safe Moon Fast (SFM)?
SFM token is now live on the Binance mainnet. The token address for SFM is 0xa1fC197aEbb48308bc7C6534b902470Ac62A1e66. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $WBNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap SFM token
Contract: 0xa1fC197aEbb48308bc7C6534b902470Ac62A1e66
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once SFM gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information SFM
☞ Website ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Message Board 2
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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