SafeMoon Lowdown (November 22nd, 2022)

Updated: Nov 23


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SafeMoon Orbital Shield Beta: Beta Testers - Attention Android Users - Orbital Shield Question - BETA Update | Ranking | Community Events | Food for Thought | Blockchain News: Genesis Warns of Possible Bankruptcy - JP Morgan Crypto Wallet - Crypto Jobs Remain In Demand Despite Layoffs - UK Digital Pound | SafeMoon Stats | SafeMoon Partners | Reminders


SafeMoon Orbital Shield

Beta Testers

Yesterday, SafeMoon invited iOS and Android users to become SafeMoon Orbital Shield BETA testers!

"SAFEMOONARMY, you're invited to experience the next evolution of wallet security with our patent-pending Orbital Shield technology. Sign-up: beta.safemoon.com/sign-up"

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For those who sign-up please be sure to write down your recovery phrases offline before proceeding


CEO John Karony responded to the sign-up announcement.


"My god I am praying for our servers right now. SAFEMOON ORBITALSHIELD"

Beta tester Danology reminded the community to learn the ins and outs of SOS!

"beta.safemoon.com/welcome Read every word on this web page, then read it all 5 more times. Learn, understand, test."

Attention Android Users

An issue with the Android BETA sign-ups occurred. The team is working to resolve this issue.

"We are aware that Android users are experiencing issues with the Orbital Shield BETA sign up process. Our team is working to resolve this as soon as possible. We will let you know when this has been settled. Thank you for your patience." - SafeMoon

Orbital Shield Question

SafeMoon community member Magnus asked a question about the Orbital Shield Master Wallet.

"Will we have to create a brand new master wallet with a username and login. Then we need to add additional wallets including the wallet with Safemoon tokens to get that orbital shield protection? Can we transfer our SFM to master wallet tax free?"

- KryptoMagnus


"The Master Wallet is required to maintain the 256-bit AES and is locked to your username and password. You don't need to move tokens, just import your additional wallets and link them to your login details so they will all become secure under SafeMoon Orbital Shield."

- Cats

SafeMoon Education Manager



BETA Update

Beta tested SafeMoon Tim shared, "🔥New BETA upgrade is out🔥"

Remember this is a BETA application. Please save your Recovery Phrases or Private Keys safely offline before testing! It is recommended to use test wallets for testing purposes.

What to test in SafeMoon 3.0.0 (25) for iOS:

  • Updating from the Store Version and creating an Orbital Shield Login

  • Importing existing wallets to your new login

  • Linking and unlinking your wallets in settings, renaming wallets, holding and dragging to re-order

  • Fresh installation after creating your Orbital Shield Login: logging in and confirming your linked wallets are available

  • Updating from Store Version on a second device with an existing Orbital Shield Login

  • Creating additional Orbital Shield Logins with different wallets

  • Importing and creating new wallets from settings and linking them to your login

  • Changing credentials and logging back in

  • Resetting the application and logging back in


Ranking

According to BSC Daily, SafeMoon and Grove Token are two of the top projects on Binance Smart Chain by AltRank!


Community Event

Over 450 people joined to participate in the most recent SafeMoon WaterCooler Space hosted by Jeremiah. If you are interesting in listening, click the image below!


Food for Thought

"Be patient. Everything comes to you in the right moment."

- Flow State


"Failing in life helps to build resilience. The more we fail, the more resilient we become. In order to achieve great success, we must know resilience."

- Xarwin


"You have no idea what you're capable of until you try."

- Success Minded


"To see an opportunity we must be open to all thoughts. Keep an open mind, it's the only way new things can get it. Make someone smile today and as always, Be kind."

- Holly


"I hope that you take this week as a time for reflection. Time to look for new avenues of gratitude and appreciation. Don’t forget to notice the small things…they are often the best"

- Mendy


Blockchain News

Genesis Warns of Possible Bankruptcy without Funding

Genesis is having a hard time raising cash for its lending unit, and it is warning potential investors it could possibly file for bankruptcy if it is unable to do so, Bloomberg reported... The firm has faced a liquidity crunch since FTX’s bankruptcy filing earlier this month and has been trying to raise at least $1 billion, including from Binance, Bloomberg said. People familiar with the situation confirmed to The Block that Genesis is struggling to raise emergency funds, noting that its fundraising target has been reduced from $1 billion to $500 million. [Source: The Block]


Registered and Patented JP Morgan Crypto Wallet

According to an official document published on Nov. 21, 2022, JPMorgan has officially registered and patented the “J.P. Morgan Wallet” under the United States Patent and Trademark Office (USPTO).2 This new enrollment will see the legacy bank offer crypto and bitcoin services to its existing pool of customers. [Source: Investopedia]

‘Non-Mission Critical’ Crypto Jobs Remain In Demand Despite Layoffs

  • 2021 saw a 100% spike in crypto job demand from the year before.

  • Crypto layoffs are rampant in 2022, fueled by events such as the Terra LUNA and FTX collapse.

  • Despite layoffs, roles that are not 'mission critical' remain in-demand. [Source: Beincrypto]

UK May Need Digital Pound, Bank of England's Jon Cunliffe Says

John Cunliffe, England Deputy Governor [Source: LUKE MACGREGOR/GETTY IMAGES]

The deputy governor said FTX's collapse highlights the need for more oversight of digital assets.


On Monday, Cunliffe said that crypto needs to be regulated in the U.K. to protect consumers and investors, ensure financial stability and enable innovation. Cunliffe has previously called for existing financial regulations to be extended to cover crypto.

The BoE has also been exploring issuing a digital pound. Its work on a "digitally native pound" is driven by trends in payments, Cunliffe said, "including the reducing role of cash, and more generally in the increasing digitalization of daily life." [Source: CoinDesk]


SafeMoon Stats


Have you voted today?

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SafeMoon Partners

DxSale

"Dumping full stacks of tokens when price is high is not what we are about DxSale is the only launchpad where our revenue goes to our smart contract Our DAO manages selling of these tokens ensuring minimal impact to projects that launch with us.


dxsale.network"

- DxSale


Shido Finance

"Shido is a true Fair Launch. There were no Private Sale or Pre-Sale. No external Stakeholders or VC involved. All $SHIDO tokens are in circulation. This makes us fully decentralized and independent with full focus on $SHIDO holders interest at all times."

- Bjorn B.

Shido CEO


BBTF

Update: Thank you everyone for trust me and my vision for BBTF, while I will not share everything, or details of some operations, here is an update on what we are working on. Between BBTF and Mirror Protocol, our team consists of just over 20 people, that is a lot of people and talent to coordinate. What will follow is a description of what the coordination has been and what it will entail moving forward. 1. We have been extremely cautious of security with everything we have released. Given recent events, I'm sure everyone is ok with this. Our goal is to be proactive, and not reactive to security issues. 2. We have been extremely cautious of regulations with everything we plan to release. Our goal is to ensure that the company is as compliant as possible, this means that we have to take time with our releases to go through the due diligence. 3. We are developing a read only tool for crypto novices, to better understand their journeys. We are excited about this, and have enlisted the help of @glubiz to help with this project. 4. We have been working on securing all functions of all of our deployed contracts and have enlisted the help of @dutchprogrammer to coordinate these actions. 5. Aligner (formerly shillx) could have been the saving grace for @KimKardashian in the crypto promotion scandal, this platform will help bring transparency to promotions, and plays a critical role in some of our other developments 6. We have several utilities that are contingent upon a secure escrow function, we have been working to not only test/deploy the function but integrate it as well. 7. The next gen front end designs (light mode) for both BBTF and MP staking are complete. There are no other staking platforms like them, and we are pushing with our development partners to roll those out. Time is not more important that compliance and security in this regard. 8. Our separate LIO contract for web2 businesses to inject liquidity into the BBTF charts is in the batters box, and waiting to start development. This is key to provide reporting transparency in terms of tax liabilities. 9. We are preparing to release a series of explainer videos, and will be doing a website overhaul to make the protocol easy to understand for new people interested in BBTF. 10. Removing my focus from twitter has forced me to conceptualize other mechanisms for bringing new people into bbtf as well as methods for introducing outside volume. Removing myself merely increased that urgency. Thanks for listening :)

- Don Bailey

BBTF CEO


Glow Token

"Glow Token Migration snapshot complete. Prep for airdrops of new tokens.

Update details are available here

Join the Glow Community on Discord"

- GlowToken LLC


Shibnobi

Over 600 people joined to the most recent Shibnobi AMA #264! Click the image below to listen.


"Dear Community,


We have successfully submitted our request to Coin Market Cap under ticket number 574863.


Stay tuned for all updates."

- Shibnobi


Grove Token

"I’m going to @JohnGh87’s upcoming Space. Will you join too?"

- GroveToken Official


To set a reminder for the Space, click the image below.


"1.3 Quad has been burnt as promised! Equivalent to $910,000 at the time of writing! BSC Scan"

- GroveToken Official


Are you interested in becoming a Token Partner?

To apply, simply visit SafeMoon.com/apply.


Partner Information:

For more information on all our partners, visit SafeMoon's Partner Portal.

 

Reminders


SafeMoon Pulse

SafeMoon's Monthly Pulse Article and video are live! If you haven't checked them out yet you can view both the article and video by clicking the image below.
⇙October 2022 Monthly Overview ⇘

 

Tokenomics Supervisor

SafeMoon announced that with the recent SafeMoon SWaP updates came a new patent pending feature that solves the existing Defi inconsistent fee paradigm for tokens on multiple Decentralized Exchanges.
"Our recent updates to the #SAFEMOONSWAP have seen the launch of the SafeMoon Tokenomics Supervisor. Curious?🤔Read more about it in this shiny new press release" [Businesswire]


They partnered with "Blockchain and AI expert Dr. Adel Elmessiry to help solve the inconsistency. Labeling the invention "Tokenomic Supervisor," they explain that it operates in 2 steps:
Token Registration
Token SWaP

To learn more, view the full article here.
 

Security Questions (Best Practice)

🎓You might have seen that SafeMoon Orbital Shield requires users to answer 2 security questions.

⚠️We highly encourage reading our Best Practice article to learn about a safer method for answering these security questions!
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Recent MoonCasts

Pawthereum

Intro & Disclaimer | Agenda | Orbital Shield Beta | Pawthereum
Orbital Shield Beta Feedback | Wrapping Up

Rare FND

Intro & Disclaimer | Agenda | 7 Rules of SafeMoon
Rare FND Interview | Orbital Shield

Mirror Protocol