What are the odds of enterprising individual holders being able to contribute and offer the fruits of their imaginations and creative efforts and the proposed merchandise store to others in the community that may wish to possess them?
CatsRUs: Hello, everyone, and how are we all doing today? I am your host, Cats, and I'm joined by Gandalf, fellow educator, and we would like to welcome you to MoonCast Episode 37. I'd first like to make everyone aware that this is an educational podcast where we are able to answer any questions of the community. And we do not look to make any announcements during this cast, unless in other cases, announced ahead of time. We look to educate and bring education to the front of the SafeMoon Army. Please understand that everything you hear today is to be used as educational content only and not treated as financial advice.
I want to make it really clear that we will not be looking to discuss anything or address anything in relation to recent content that has looked to make its way through the community.
We are first going to look to discuss the news, not only the last week, but also the last month, which is all collected and shared by the amazing stars, MomoKombat and SafeMoon Pulse. They put a lot of time in, and the effort that they do on a daily and monthly basis to bring you those updates, you couldn't ask for a better pair overall to bring you the information that we're going to look to discuss today. Following the news recap, we'll look to open the floor, and we'll try and answer any questions that you guys may have Q&A towards the second half of the show. So that being said, how are you doing, Gandalf?
Gandalf: I'm doing good. Hey everybody. How are you doing?
CatsRUs: Yeah, not too bad. Not too bad. I'm feeling refreshed. I don't know why, but I'm more rejuvenated. I'm trying to get on a schedule of working hours and trying to be strict to my background sitting at a desk and trying to get up and do things. I drank a lot more water this weekend. Cutting out pop and all the crap.
Gandalf: Oh, well that's totally fine. Like, tomorrow I will start to work out again. I would just like to have longer sleep because now it's just only SafeMoon for my work, right? So the eight hours of sleep are doing wonders, man.
CatsRUs: Let's start with you, Gandalf, since you're here. So, as of last week, you spoke on SafeMoon Labs about tokens and coins and the differences between them. So, first of all, I do want to explain a bit about what went on there and where they can kind of go ahead and watch that and then what's happening this week.
Gandalf: Oh, no problems on that. So, on Monday last week, I just talked about tokens and coins, and it focused more on the explanation of what a token is and what a coin is and where they are mostly home and situated and basically on what kind of occasions you could use both of them and what are the similarities in between. And that presentation has been uploaded to the SafeMoon Education YouTube channel. I will link it in a second in the event chat, and you can watch it there. Just really listen to it and see the presentation that it was on there.
And for this week, the following Monday, tomorrow, I have a new presentation prepared, which will be blockchain bridges. In this presentation. I'll be talking not only about what a blockchain bridge is and how it functions, but also what the differences are the benefits and actually the risks. Because when you talk about bridges, a lot of people hear all kinds of horror stories of hacks, and I will address that tomorrow in a more formal state, but talking about bridges in general.
CatsRUs: Awesome. So, where can they tune in for that? So, for those who don't know what SafeMoon Labs is or anything like that.
Gandalf: So SafeMoon Labs itself is a presentation, which is every Monday, every week at 2pm EST, 7pm GMT and 8pm CST on my Twitter Space exactly on
CatsRUs: Awesome, so if you want to check out and hear more about the bridges, and the easiest way to kind of explain bridges in its current format is the current implementation of SafeMoon to pTokens. So on the version one SafeMoon side, we have an Ethereum side that will look to be upgraded in the near future. Essentially, the connection between the Ethereum chain and the Binance (Smart) chain for example is what we currently have an implementation of. So if you want to learn more about that, then that is the option to do that.
SAFEMOON LOWDOWN & PULSE
CatsRUs: So today's recap, instead of just recapping the week, we're going to recap the entire month of April. And again, this content is all brought to you by SafeMoon Pulse and MomoKombat, collecting all the information, giving you daily and monthly updates. So there's two forms that you guys can look to take account of, so if you don't want to get daily emails and stuff and you can't keep up to date on the daily, you can at least keep up on the monthly. So, we have the LowDowns on a daily basis, and then we have the SafeMoon Pulse, your “pulse” of information at the end of the month. So you have two forms there to kind of collect what's happened over the last 30-31 days.
UTAH BUSINESS AWARDS
But anyway, let's get on with it and let's cover and go through everything that's happened over April so far. And now, this is in no particular order, so things may be jumping in time, but we're just going to cover it all anyway. So the first thing, this actually started towards the beginning of April, which was the Utah Business Awards, and it was that John Karony, the CEO SafeMoon was honored to win that on March 31 at the Grand America Hotel, and we all congratulate John for winning that. It's a fantastic achievement for SafeMoon to have under its belt and just to be recognized not only from John's perspective, but had to have just more awards that we've now got under our belt as a company, and together it was that you guys ultimately won it as a part of a community, which is fantastic.
BITCOIN MIAMI 2022
Moving on, we then had the Bitcoin Miami 2022. A few things happened here. First of all, a lot of conversations happened. We had Hayden and Jonas, the sales team and growth managers, head out to Bitcoin Miami and get to meet a lot of the community and have some good deserved conversations with a lot of people there and just got to know more about people there. And then, we found out that Jonas, our Growth Manager, is actually a heavy gamer and came in second at the Bitcoin tournament for Smash Bros. So that's pretty cool.
Beyond that, we have a statement just on that as well, which is, "On our way back to SafeMoon HQ. We learned a lot at Bitcoin 2022 and made some great connections. We're already planning for 2023. Perhaps we get a booth this time around" - Hayden. So the Sales Manager is now already looking at Bitcoin Conference 2023 and how we can be more involved, as it was just those guys showing up and being able to have a walk around and speak to the community.
Beyond that, we had the article from Grit Daily, who published an article in the past month where John looked to expand more about the topics that were discussed at the South by Southwest event in March. And he spoke more specifically about the overall return on investment, the ROI and it's not return on investment as such, but it's the return of the impact that you are making, which then brings the return on investment afterwards.
So, return on impact is first because you want to make an impact in this world before you then look to receive the benefits of it. It's the same with anything, kind of treat it like good karma so to speak; you do something good, it's kind of reciprocated back, if it is that you want to believe in it that way.
FUND LIVE LAUNCH
Beyond that, we had the Fund Live launch. Now, this just happened in regards to John and the team being over in Las Vegas to speak more about SafeMoon. And again, he spoke more about the two ROIs and how it's basically symbolic to SafeMoon and is at the core of what they're trying to achieve through the vision and path that they're trying to make.
Now we do know that there have been members there, more specifically the videographer, "Sketch," they have been there. We haven't got any updates as of yet as to public recordings or anything like that just at this moment. But once the team gets back to the office, we'll be able to kind of discuss more about it and see what can be put together to share with you guys about what happened on stage and happened at the entire event further on down the line.
WOMEN LEADERS IMPACT CHANGE GLOBALLY
We did have a United Nations NGO committee, and it's where SafeMoon's Global HR Director, Kate Porter, was asked to speak at the UN NGO committee on sustainability development, alongside a group of other women leaders within the desire to impact change. So if you haven't seen, SafeMoon's YouTube channel put out a video where Kate spoke more about the impact of change and her position within the company and how she saw SafeMoon and how she sees the impact going further. And she did write a big statement there as well, but I'm not going to read that because it is a little bit long.
So if you want to go and read the statements, you can see that on SafeMoon Pulse, so head over to safemoon.education, and then go on to Education. And then, it'll be under the Pulse section, and it's the latest Pulse and you'll see that in there. Give that a read of what she says and also watch the video too if you want to know more about it.
Next up, we had network benefits. So networking is an essential part of company growth and ultimate success. Here's a few of the many benefits of networking. So Pulse put together a little bit of a reminder about what networking is and the information surrounding the networking. So, enterprise business networking provides access to a pool of field tested expertise. We then have: “Networking presents opportunities such as new partners or business agreements.” Then, we have: “Networking becomes a resource.” Business networking can give your company access to pre-screened listed out of innovative ideas, projects, and even vendors depending on your look for what you're trying to achieve. It will help build the company's brand.
The community network can be a great source of industry related information. You can't possibly stay current on every piece of news, all the distillation that affects your company, but a good network can so having the connections from all the way down to regulations all the way up through tech. Everything that you guys want to be a part of, we need to have this network because we may not know what's coming down the chain, but someone else that we now know does, and they can give us a heads up so that the company can look to make the changes to be ahead of the regulations.
And that's something, again, that is at the core is the regulations and all the paperwork came first before the products.
Now, we've all seen our e-money license go through and we have obtained that. As we move forward, we're going to follow every single regulation before we launch a product. We don't want to get backtracked and halted for 6 to 12 months because we didn't follow the right path. So a great network overall, and if you want to read some more statistics and stuff like that, go ahead and have a look more about the overall networking that Pulse put together.
MANDALA EXCHANGE LISTING DATE ANNOUNCED
Next up, so those that have been waiting for Mandala (Exchange listing), they are moving forward with the initial stages of launching the token on their exchange, and they are going live on May 10th, 2am UTC. Now this is local tokenomics to begin with, so this is just the initial local tokenomics. So everything that is happening and volume will stay on their exchange until they're ready to launch the global tokenomics.
It has taken longer than initially expected, and they've apologized for that. It's just ultimately, when working with tech and as connected they are with the likes of Mandala being on the Binance Cloud as such, there's not just a simple listing. They've gotta go through and make things work. There's a lot more behind the scenes for infrastructure that needs to be completed before they can go ahead and turn something on. And they don't want to get it wrong. So they've taken that time, and now they're gonna get it right and they're going live on May 10th. So keep an eye out for that.
DIGIFINEX EXCHANGE LISTING
Next up, we had an exchange listing this month, which was DigiFinex. So DigiFinex launched, and they launched with three pairings, so we are paired with USDT, Ethereum, and also now a Bitcoin pairing. So we now have three pairings with those guys over on DigiFinex, which if you've got some Bitcoin or you've got Ethereum, you've now got an option to be able to essentially swap some of the more larger tokens. Now, we already have our own Ethereum (pSafeMoon), but we're still waiting for that migration to go across for the pSafeMoon. So, it gives those guys an option to now get back in if they want to be on the Ethereum pairing as such.
WHITEBIT EXCHANGE ANNIVERSARY
We then had a one-year anniversary for WhiteBIT. So WhiteBIT was one of the initial exchanges for SafeMoon, and they've been with us for a full 12 months now. And it's great to have a partnership with them. And yeah, it's just nice to have that continuing 12 months.
THE SAFEMOON EXCHANGE
Further on to that, we had an update in relation to the SafeMoon Exchange in regards to sneak peeks. So if you did miss the sneak peeks in March, you can check it out. But the biggest thing that they're working on right now that John shared is in relation to the customer service team being built along with the SafeMoon Exchange. And he quoted, [John] saying, "Yes, customer service is progressing in conjunction with the build out of the SafeMoon Exchange."
SafeMoon is in the delivery phase. So the key thing to takeaway from that really is customer service, and customer service from the get-go, is there's gonna be someone somewhere where we've seen the likes of some of the bigger ones, like Coinbase or crypto.com. You contact them in some way, shape or form. And it could be for simple things like, there could be an offer where it's zero fees for 24 hours and you get charged a fee and stuff like that can be addressed.
And this is all, again, a part of the connection to the community but also connection to the outside public, which is there's someone to talk to when something goes wrong with the exchange or a trade went through or it lagged and failed or those sorts of general troubleshooting things that happen when you are looking to trade in general. So, there'll be someone somewhere that you can speak to, to be able to have that fundamental one-to-one and get the help that you need.
So yeah, again, customer service, it's not a simple thing to build out. It's not an easy thing to build out. Yes, you could outsource it. But you want to build everything and make sure that people that you are essentially hiring know what they're talking about, at least from a basic level of they understand crypto, blockchain as such, and they know what they're talking about. So, just having that structure is going to be great from the get go.
THE SAFEMOON CARD
Next up, we had the SafeMoon Card announcements, and we had the initial signup. So if you want to sign up for the SafeMoon Card, you can do that (here). You're happy to go and get whitelisted to be receiving one of the launch edition cards. You can also check and see the actual launch edition card in augmented reality. So, if you want to go and see it visually, we've had some photos of the cards being placed all around the world, which has been great when you see them online. But more specifically, we had more features and more information about what exactly that does.
THE SAFEMOON CARD FEATURES
So there's 10 specific features, so I'm going to quickly run through them for those that don't know what the SafeMoon Card is. So with the SafeMoon Card, you're able to use your SafeMoon and other cryptos for purchases, instant conversion to fiat at the same time of its spending. So you're at a shop, tap the card or tap it in or stick it in and put your pin in. It's all done in one streamlined process of I've done $100 of shopping, you've just paid for that.
Securely manage your SafeMoon Card within the SafeMoon app. There is a prioritized and choosing the order of your crypto, so if you want to just ultimately keep saving your SafeMoon, getting those reflections but you have some Bitcoin on there, for example, you can go ahead and spend the Bitcoin before you touch your SafeMoon. Simple structure, order it, 1, 2, 3, 4, 5, such a thing.
We then have globally accepted; you can use a SafeMoon Card online or in-store. So it's not just about getting into a store and paying for your shopping. You can also do that online too.
We then have the virtual card available in app so you don't need a physical card. Think of this like Google Pay to begin with and then Apple Pay later on.
We also then have a security feature standard with most banks nowadays, I would feel, is freeze and unfreeze your card. So if you've lost a card and you don't want your assets being essentially purchased with, freeze the card, nothing can go through on that card until you find it. And then, I would assume that if it is that the card's lost, a replacement process would be made in doing so.
Number seven is downloading statements. It's nice to keep a record of your overall assets. It helps things with the likes of taxes later down the line. And mentioned this, which was the Google Pay at launch. So the Google Pay is launching at the beginning with the card. Apple Pay takes a little bit longer, just due to the fundamental process of, well, Apple being Apple takes a little bit longer. But it will come.
And then, the big one is only 2.5% fees on transactions. So, right now, we have a 1.5% processing fee. So that's the fee to just convert everything and put it into cash.
We then have:
0.3% liquidity pool
So, ultimately, every transaction that goes to the card is contributing to the entire ecosystem of SafeMoon, and it's gonna help progress and grow the ecosystem as a whole.
And then, finally, which is an additional sneaky one that was on a separate tab on the actual statement card page, which was borrowing against your USDT and Ethereum crypto assets, and that is provided by crypto draft. So if you want to be able to take essentially a loan against your crypto assets, you'll be able to do that through the crypto draft process. Now we don't have too much more on that.
But you can go and check those guys out and try and learn more about them but for our process. We'll have more in due course as we get closer to the launch of the card.
SAFEMOON WALLET UPDATES
Moving on from the card, though, to the SafeMoon wallet, we had a few updates. And there's a lot more updates in the list overall, but the key ones that we have now is the ability to select the default screen. So we have people mentioning on the wallet itself that when you go to the homepage, they prefer to just see the list of assets and have the boxes. So now you can choose the default between who they want to share and see basically. Also, America and the UK, we like to argue about the date and the date format: Does the month come first, does the date come first? You can now select that too.
And then, we've got them the calculator currency converter. It's nice to have a currency converter in the app. We all work in different currencies, token stats, and transaction history. It's a nice feature just to see the overall volume and stuff like that in the actual transaction history of that token and then swap auto calculates BSC gas fees and deducts it from the max BNB amount. So that was kind of a big one because you had a lot of people hitting Max to swap BNB into SafeMoon, for example, and they were then coming in and asking the likes of me and the community going, "I can't trade. I can't swap. It won't work."
And this is when you have to start educating them about the gas and what gas is. This removes that initial halt of getting away from being stuck with your initial trade because now, for example, let's just say they want to get in and they see a nice price or whatever and they want to go, "Yes! I want to get in now," and they go in and then they have to then take 10-15 minutes to educate themselves on gas. Whereas now they don't have to do that; they can just simply go ahead and then they can learn more about the gas in the future.
As I said, ultimately you're going to have more and more people coming into the space for crypto as a whole. And if they're using the wallet, our wallet now makes it easier for them to not have to worry about trying to work out the right amount of gas. They can just hit Max and everything's there for them with the maximum that they could get. As I said, there are more updates, both on Android and iOS. So you'll have to go ahead and go read through those more specific updates. Because there was quite a few of this this month and there was a lot more to come as well. And I know the team is working on some good stuff.
So, moving on, we have SafeMoon NFTs. So if you don't, I would go ahead and follow John on Instagram. He has been sharing quite a few images in relation to the NFTs and sneak peeks of what will look like specific Naughty Nauts NFTs that were mentioned a while back. So you've got some hints of what they could be looking like, so go ahead, follow John on Instagram, @john_karony. It's the only one, and he has specifically 19k followers. So if you do get the wrong one, it's the one currently with 19k. And yeah, you'll be able to see more updates as he shares them, but nothing too much more in the NFT's as of yet, but we'll see in due course.
SAFEMOON UPGRADED WEBSITE
And then the big one for us, Gandalf, well, big enough for the community and the company as a whole is, first of all, the sneak peek at the overall upcoming website changes. And we've had quite a few images shared about what the overall branding of the website is going to look like and I know that a lot of brains were going through trying to work out the SafeMoon ecosystem numbers because I know the team decided to mix them up and try to work it out, what's number eight, what's number seven, what's number ten? So it was fun to watch people's brains work and try and work those out. But it's the first introduction to what was it called before? It's not the key moments, but it's the overall roadmap, essentially.
Gandalf: Yeah, if you want to call it a roadmap, yeah.
CatsRUs: Yeah, cuz it's essentially the new style that they're looking to try and-
Gandalf: More like the word we want to use.
CatsRUs: Yeah, cuz we all want to know when things are coming in and that as such. But as we move forward, we're not looking to make any numbers or dates or anything like that. So in this case here, well, it's as simple as just going on to the SafeMoon ecosystem and seeing what is a part of the ecosystem, or coming to be in the ecosystem, and just straight up giving you a bit of information, which when you get that information that then leads on to us.
So with the upgrade to the safemoon.com site, the SafeMoon Education site is also getting a revamp, and this is where I get excited because there's a lot coming with it. In the initial stages, we just want to get the content across and get more articles to you guys, and so more content pumped out. We know that ultimately right now safemoon.education has done great things for a lot of people. It's helped a lot of people out, but we've also been hindered with essentially a lot of the users that are mobile based and we've heard them and we've heard a lot of people, "It isn't mobile friendly." So that being said, along with that we get mobile friendliness.
So, we get all the articles or the content that you already have, and it's just more streamlined in a more overall branded site. Once the content and everything has been moved across and we're all happy and the community can start reading more about different topics of educational content on crypto, blockchain, SafeMoon, whatever it is, we can then start rolling out things like courses, and you guys can sign up and do a two to three-hour session every two or three weeks.
Gandalf: Yeah, very excited for this.
CatsRUs: It's one thing that isn't done massively, but it is being done. And I feel like in the long term, if we can help you guys understand how to read BSC, for example, that's one that's sitting in my mind at the minute. A lot of people ask me, “How do I read BSC? There's a load of numbers, I have my wallet address and I see transactions and all this, and it gets confusing.”
So running a two to three-hour course, explaining each section of BSC and how it works and what this means for this and then you go on to a transaction and read all that information, and it's like, "Well, why did this go to this?" We can explain all of that and we can run through with you guys how to read it and understand it more, because there's a lot of stuff on there like hex numbers and everything. So that's just one idea that's on my list of courses, but that will come in the future.
But overall, our website's coming along very nicely. We've been able to beta test it and get a "hands on." Still some work to be done, but that's why it's beta and not released, right?
TIMES SQUARE BILLBOARD COMPETITION
Furthering on with the website, though, it was mentioned in March that we were having a billboard competition. So with the website update itself, we're getting that. So there's going to be a specific page for you guys to jump on and submit and have your art essentially displayed in New York for, I'm going to say, at least three months. It seems to be three to four months is going to be I'm assuming the ballpark.
But regardless if you're an artist, Photoshop, Illustrator, whatever it is, wherever you make your art, if you're good at that sort of thing, you guys will be able to jump on and take part of the competition to have your artwork to essentially millions. Times Square is a busy place.
So the website is coming along. Not too long from what we can see with that, but it's good, coming very soon. Not too soon, but coming very soon.
NEW SAFEMOON SWAP PARTNERS
Next thing we had, we had a few partners launched this week or this month, so to say. And the first one at the beginning of the month we had was Cryft. So if you don't know who Cryft are, Cryft are essentially a token that's looked to set their hearts on more of a gift card style, giving back and being able to get in crypto with gift cards as such. So those guys, that's what they're looking to do. If you want to go check more on them, you can go and have a look on Twitter, their Facebook, and I believe they have Instagram as well. So go and check those guys out. It's Cryft -- C-R-Y-F-T. So go and check those guys out.
Following that, we had Grove. Grove Token is a partner that we actually had on that last MoonCast to explain more about what they do, but they are 100% green, renewable energy. They are 100% anything other than green, and they want to make an impact on that side of things.
Now, the special thing with Grove, it was mentioned last week, they are among the first companies to use connections in Dubai. They are going to do some great work in the Energy and Green sector.
Live Crypto Party is exclusive on SafeMoon Swap for 1 month and if they wish to expand, they may or negotiate to discuss further exclusivity. We now have a place where new listed tokens can launch with us without an existing platform such as PancakeSwap. The good thing about this is the vetting process which reduces and minimizes the risk of pump and dumps and gives an opportunity to ensure we are doing what we can to ensure the safety of our community and potential holders and investors as the partners are trusted and potentially less risk. Be aware, there is always a risk, of course, but this certainly helps with that.
We have reached the 30 partners milestone on Swap on both the BSC and Ethereum side.
Visit SafeMoon.com/careers to see the recently posted careers for which we will be recruiting until July 15, 2022. If you’d like to apply for any of these positions, you have until 7/15. You could potentially take that role off the market before that fill date. If you’re interested and you fit those roles and want to be a part of crypto and SafeMoon, there are several opportunities there.
There have been three installment of Captain’s Logs so far where John addresses the community. It’s been a great connection and opportunity to hear more from John. If you’d like to read the latest, please visit the SafeMoon.Education and click on Captain’s Log.
The SafeMoon Education website update information was shared earlier in the show. We have a SafeMoon Twitter account run by the team, run by Momo and Pulse. You can follow that account at @SFMInsider on Twitter to see more educational resources. Don’t forget the daily Lowdowns followed by the Pulse which is a monthly recap.
We mentioned Labs coming across this month (specifically this week) from Gandalf. The first was a long presentation about the blockchain technology and layers. It was about an hour talking about blockchain, layers and consensus mechanisms. The second was about smart contracts which was a follow up to this topic and spoke of smart contract details and what they are. The 3rd was about staking, the basic systems and how it works. The 4th and last was on tokens and coins. These will be done every week and there are conversation to discuss how they will progress. Every Monday, there will be educational content delivered to you live and then published to the YouTube channel. This way, you’ll have multiple opportunities to learn more about what’s going on in crypto. Keep an eye out on Gandalf’s Twitter (@GandalfEducator)
We are gifting the content of the entire Mooncraft sever and giving it to the community. We’re taking the research and development from Phase I, Gaming and Metaverse and moving it into an ambitious Phase II.
From ZubeySweet of Mooncraft: [Hello Mooncraft Community, We would like to first personally thank you, for all the community members who took part to play our server. It was an honor to play with you all and experience the love and support you’ve shown the entire team. Here and Mooncraft is breathtaking. That said, as one door closes, another opens. Today, we are finally able to announce that we will be gifting all the codes, configurations and rule files of Mooncraft to the community. In conjunction with this, we will be able to close the current live Mooncraft server. We have taken knowledge gained from it and applying it to exciting next step in gaming and metaverse. The fun isn’t over yet. If any of our community members wish to continue this journey and build upon it, you may download the necessary Mooncraft server files once we publish to the official Mooncraft Github server.] Thank you!"
We obviously spoke more about Mooncraft as a whole and its direction, and how it could integrate or apply to NFTs, payment systems, crypto, etc. In this case, they’ve taken the information they’ve learned that they can do this and the team now wants to go further than Minecraft and use those resources to dive into Metaverse as well. SafeMoon will start investing in the metaverse side using that experience and information we learned. Mooncast is now in “Go Mode” for metaverse.
We’ve had the fun of pixel art and exposure from reddit’s r/place which was streamed to 100s of thousands of people. There’s a lot more in-depth and detailed information that Momo and Pulse have put together. Check out the SafeMoon article to get up-to-date and tomorrow we will continue with the Daily Lowdowns.
COMMUNITY QUESTIONS & ANSWERS
Are cross-chain and Swap and Evolve coming?
CatsRus: Yes. We want to make sure that every feature benefits the holders of SafeMoon and the ecosystem. We want to make sure that are features are top notch. There’s a little bit of a delay on that. We are working on it. Once we are happy with it, you’ll get those features. It’s easy to get those features up, it will become available and we’ll launch them.
Do we have an update on the merch?
CatsRus: We do! Stay tuned. It looks pretty sweet; you can see some online in pictures where John and perhaps the team have been wearing. Keep an eye out. We’re getting there and more information will follow once we are closer.
How do we feel about SafeMoon being implemented into metaverse?
CatsRus: The Mooncraft team is moving more in that direction now and are looking to put all of their time and effort into that.
When will bank transfers be enabled in the SafeMoon Wallet app?
CatsRus: There is a version on there, but it depends on location. Both Moonpay and Wyre. You have to use their services for those tokens to be sent to your wallet which is facilitated by them.
When and where can we see John in the Las Vegas video?
CatsRus: Sketch, our videographer, was there. I would assume he has that footage. Once he has gotten back to the office/studio and created/edited, we could hear more on that if they plan to release it.
I transferred some of my BSC crypto from Bitmart to my SafeMoon Wallet and it showed up on BSCscan as from Bitmart Wallet 2. Is that correct?
CatsRus: Sure! You make the withdraw request. It goes through their system and order book. They then use one of their wallets they have with that token. Essentially, their wallets are labeled on the blockchain so people know what they are and it’s a little bit easier to identify and track. You’re fine as long as it’s in your SafeMoon wallet and it hasn’t gone anywhere it shouldn’t.
Do we have an update on pTokens and cross-chain?
CatsRus: Yes. In terms of completion, I cannot give a date. As I stated, a simple bridge could be done in a couple of days. We don’t just want to release something that doesn’t benefit everyone. Please stay tuned and keep an eye out regarding updates on pTokens. We are working on it.
What were the reasons for the router upgrade?
CatsRus: Fundamentally, it’s basically an upgrade to the system and those processes and functions that support transactions.
I spent over 250 hours playing Mooncraft server and spent $800-$1,000 for diamond rank perk and crates. Will I be getting anything back now that the Mooncraft server is closing?
CatsRus: Yes, that is a question that I have asked. In terms of what is going to happen with that, first things first is you just need to reach out to the MoonCraft team, first of all, and just see what solutions they have in place internally within the team and from myself, who also puts funds into the MoonCraft server. And it is something that I would be hoping that those that initially helped get MoonCraft off the ground and invested in it in some way, shape, or form will be given some sort of benefits with the new metaverse gaming ecosystem that they're creating on that side.
So, right now, I don't have a 100% answer, but the only answer I can say is just reach out to the MoonCraft team. So if you're on the MoonCraft Discord, reach out to the core, and they'll be able to give you more information.
Is SafeMoon having better luck getting GloToks (global tokenomics) programmed in our own CEX than these other exchanges having tried to program it in on their already-developed CEX?
CatsRus: I'm not too sure in terms of the fundamentals of how easy or easy it is to integrate. Obviously, there's more than just the simple writing of some code and applying it, as you said, because it's harder to integrate something in than writing something from scratch and building it from the ground up.
So I would assume, from your question, yes, I would say that GloToks would be easier to integrate as we are building an exchange. But at the same time, the team over at Mandala have been helping to ultimately develop GloToks into something more in terms of actually bringing it to light and gradually getting it from just a fundamental idea, so to speak. So, from that perspective, yes, I would say it's easier from our perspective.
But at the end of the day, it still needs to be developed. The product still needs to be developed and built to be then applied. So I'm not too sure on the full 100% with Mandala and how far they are along to flicking the switch on GloToks, but at least we have a date for SafeMoon being listed on their exchange.
Can we have details of the different tiers for the partners yet?
CatsRus: No. Still top tier, middle tier, bottom tier, and then launched here, so to speak. That's all we have on that right now. All will be revealed. Once we get further along the, I'm gonna say, roadmap or the journey, shall we say?
What happened to Enhance [Token]? Why are others' vetted projects failing?
CatsRus: That has nothing to do with SafeMoon. There's nothing we can control whether the projects - we just provide a service of swap. And a lot of these tokens are potentially going to be on the likes of Pancake Swap and such. So you'd have to go and have conversations with each token that you will be invested in to find out what's happening with their projects.
But for the most part, a lot of these tokens that have joined our swap are fairly new, for the most part, are only a couple of months old. So their journey is only just beginning. And it's the nature of DeFi, in some cases, that not all projects are going to make it in the long term. But at the same time, we want to try and help them all as best we can with the partnerships that we create.
Any info on what's going to happen with the current accumulated tokens of Swap & Liquify?
CatsRus: Not right now. The current tokens that are being stored and collected, that is to be discussed/to be announced as to exactly what will happen with them. There's so many different things that those tokens could do, liquidity, all of those things. So right now, they're just sitting there until we get the overall Swap & Evolve and cross-chain done because we kind of need to essentially remove Swap & Liquify, so to speak, to then get Swap & Evolve integrated.
When will the gas fees be decreased on the wallet?
CatsRus: So I've seen them decrease. They're still higher than normal than you would expect, but I have seen them decrease. But for now, it's just with further updates to come. I'm not too sure exactly where they're at with resolving the gas fee issues. But for now, it's not as high as it once initially was. But it's still at a higher threshold than you would like.
Since we will be getting NFTs, will there be a way to stake the NFTs like other projects have done?
CatsRus: I can't say for certain, but it's always something that potentially could be done.
When will SafeMoon's wallet UI be updated?
CatsRus: So it's an evergreen process. So we launch with a minimal viable product, and it's going to continue to be developed and continue to be developed. And it's never just going to be a stationary "this is it."
So, first things first is get the more features and stuff that people are requesting before you do the UI. Because if you start messing around with the UI, or break everything as a whole, and the UI to redesign is a bigger task overall, whereas some of the features that people are asking for that's a smaller task to achieve. So it will come but it's an evergreen process.
Have you heard how things went with John in Vegas?
CatsRus: So everything that we've heard has been shared either on Discord or Twitter or in some cases with the screenshots of Discord with John, but overall it went really well. A lot of communication with a lot of different people and a lot of conversations have been started there. So overall, it's been received really well from our side and also anyone that attended the event.
So yes, overall, it was a good event, and it's just another opportunity to get SafeMoon's name out there, overall initiating those networks, shall we say, that I mentioned earlier.
The SafeMoon community is comprised of an enormous number of extremely enthusiastic individuals that are eager to share their ideas and their personally created projects and products with the rest of the army and any potential investors that may in the future join our ranks.
What are the odds of enterprising individual holders being able to contribute and offer the fruits of their imaginations and creative efforts and the proposed merchandise store to others in the community that may wish to possess them?
CatsRus: Okay, so your, like, gifting service, if I got that right?
CatsRus: Similar, okay. So you will be able to buy and distribute to addresses of your choosing like any store, but there isn't a gifting service to my knowledge, as of yet. But I have asked this because I've potentially wanted to get something for the likes of my partner that kind of hears me going on about SafeMoon every minute of every day within the house.
So yeah, it's something that I would want to have an option to gift, as such. But nothing in the works that I know of just yet because we want to launch the entire platform, but the sides to the e-commerce structure as such.
Holder: With deepest respect and apologies, I believe I have been misunderstood. What will the ability be of individual holders to offer merchandise to other holders through the store to purchase?
Gandalf: I don't know that we have any kind of info on that I guess.
CatsRus: Right, okay. So you mean like I make a hoodie and we sell it?
CatsRus: Okay, right, okay. So the contribution towards the likes of designs, artwork as such, whatever it is being made, embroidered, whatever it is, nothing to this extent as of yet. Maybe in the future, if the partnership with the Utah textile company that they're working with may be able to build something as such. I just don't know right now, if the likes of that partnership, or even that business, will be able to handle a large sum of fluctuation for something like that, like a drop-shipping service or something like that, so to speak.
Right now, the main thing is getting the quality out other than what was initially previously made, which was, as I said, a drop-shipping: just get t-shirts printed and slap a logo on it. It's not that anymore. The level of detail in some of the merch coming up is huge. And we don't want it to go in the wash and shrink three sizes because it's made of junk.
Holder: Absolutely. So if an item were to be vetted in such a manner that it met the quality standards and the creative standards of the community, and/or I should say the team and therefore they being willing to offer such to the community, after passing through such a vetting process, would it be possible for individual contributors to allow or offer such a thing to the rest of the community through the merchandise store?
CatsRus: Possible? Yes. Is it going to be or potentially right now? No. But in the future, as the merch store grows and they look to get more and more stuff, as I said, we've got competition for the likes of the artwork for New York, for example. So, we potentially could run more competitions like that where a holder could contribute that design, that style, whatever it is, and from there, look to win and have that product made and every holder can take advantage and purchase stuff.
Holder: That would be amazing. We have a number of fantastically talented people in the community. There are sculptors, painters, digital artists, all kinds you name it, that I'm certain would have a great deal of interest in being able to put their wares out simply on a cheerleading basis. If nothing else, I could see my way clear to doing something on an "at-cost" basis if I were to offer a piece of merchandise, but that is neither here nor there.
My second question would be in the merch store, Swap or wallet, will there be a platform for those who would desire to extend this creative propensity to NFTs that they personally produce and would like to present to the community and launchpad as it were for, again, budding artists and those who would wish to support the community through the contributions of their artwork to set community?
CatsRus: Again, that would be on the same level as the previous one, which is not out of the question. As of right now, it's not there yet. But yes, again, it's not out of the question. And I definitely could see that being some sort of platform, whether it is their own NFT platform, which again, I would assume with the likes of their own blockchain coming, that they would have to have some sort of NFT platform where you're able to see those. So, yes, I could see it coming along.
So that is our time for MoonCast 37. We have two more MoonCasts for this month. So we have the 8th and the 15th (of May). Then, we are taking a two-week break, and then we will be back again at the beginning of June. So two more for this month, and then we're going to take a short break for two weeks so everyone can just relax, chill.
If there are any emergencies or anything like that, then we can kind of make some sort of emergency Twitter Spaces in the event as such. I don't know. But yeah, we're gonna take a break. So we've got two more shows, and then that will be as for me, so a little bit of a shorter May. But we all need a little break every now and then.
So that being said, I want to thank everyone for tuning in to MoonCast 37. And as always, we appreciate each and every one of you for tuning in today and those that like to ask questions.
Moving forward, just share the positivity, that's all I can ask is just be positive. If someone's down or anyone needs any sort of help, whether it just be a general conversation, words hurt a lot harder. And when I say words hurt a lot harder, when you're talking to someone face-to-face or via voice, you hear [the tone] in their voice. But when you start to type things out to someone, you start to read it in your own voice. And when you start to read it in your own voice, you start to bring yourself down when you look to type something to someone else, and they start to read it in their own voice and it's not a healthy thing to do.
So, all I say is just think about what you're saying and just help to bring everyone up and be ultimately positive as much as they can be.
So, that being said, though, again, I want to thank everyone for tuning in to MoonCast 37. We'll be back next week, same time, same place. And yeah, we'll have each and every one of you. So for now, catch you guys later. Bye bye.