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SafeMoon Lowdown (February 24th, 2023)

Updated: Feb 28


Patience | Blockchain Education: Minting an NFT: A Beginner's Guide | Community: Thoughts - Images & Videos - Security Alerts🚨| Blockchain News: Coinbase Launches Layer 2 Blockchain Base - Green Consumers Want Supply Chain Transparency via Blockchain - Crypto Mine Hidden Under a School | Food For Thought | SafeMoon Stats | SafeMoon Partners: Empire Token - Glow Token - Rhythm | Reminders


The topic of patience came up in the official SafeMoon Discord yesterday and

SafeMoon CEO John Karony chimed in after much discussion.

"Fun fact, I am waiting for products too. I am very excited for more of them to release."

SafeMoon community member Koala shared their thoughts on the topic in Discord.

"... SafeMoon, as you might know, has been around for about 2 years. Perhaps you feel that “ya….they are a 2 year company that came out 2 years too early” but there has been a lot of changes and productive pivots that impacted initial timelines…but rest assured…right things, right order, at the right time. Nobody wants Safemoon to release janky products (well perhaps the fudders want this, to support their skewed perceptions)….but for everyone else, we want Security, Compliance and a peace of mind of a solid and stable future….it takes time to develop and test to get approval and certification and licenses and have everything lined up for a successful launch. Through all the efforts of SafeMoons continuous improvement strategy…the goal will be met. I don’t work for the company, but I’ve completed enough research so that at least I feel good and can sleep at night, knowing the future will be good. "

SafeMoon community member Spidey shared this discord conversation on Twitter, adding,

"Very insightful #SafeMoon Discord response to impatience. It's coming. Slow is smooth, smooth is fast."

Blockchain Education

Minting an NFT: A Beginner's Guide

If you've been following the world of cryptocurrency and blockchain, you've likely heard of NFTs or non-fungible tokens. NFTs are unique digital assets that are stored on a blockchain and are being increasingly used for a variety of purposes, from artwork to collectibles and beyond.

Perhaps you're wondering what is involved in the process of selling your selected NFT. Below you will find the steps it takes to place your NFT for sale with one of the steps requiring you to "mint" or store your NFT on the blockchain.

  1. Choose a blockchain platform: NFTs are typically created on a blockchain platform, such as Ethereum, Binance Smart Chain, or Polygon. Each platform has its own set of requirements, fees, and tools, so it's important to do your research and choose the one that best fits your needs.

  2. Create your digital asset: Next, you'll need to create the digital asset that you want to turn into an NFT. This could be a piece of artwork, a photograph, a video, or any other type of digital file. It's important to ensure that you have the rights to the asset and that it's unique, as NFTs are all about ownership of unique digital assets.

  3. Mint your NFT: Once you have your digital asset ready, you can mint your NFT on the blockchain platform of your choice. This involves uploading the digital asset to the platform, specifying the metadata (such as the name and description of the NFT), and paying any fees associated with the minting process.

  4. List your NFT for sale: With your NFT minted and stored on the blockchain, you can now list it for sale on a marketplace or directly to potential buyers. It's important to determine the price and any royalties you want to receive if the NFT is sold in the future.

  5. Promote your NFT: Finally, to increase the chances of selling your NFT, you'll need to promote it to potential buyers. This can involve leveraging social media, working with influencers, and participating in NFT communities to raise awareness of your unique digital asset.

Minting an NFT can be an exciting and potentially lucrative venture. With the right digital asset, blockchain platform, and marketing strategy, you can create and sell your own unique digital assets to a growing market of NFT enthusiasts.


"So happy good leaders like @CptHodl @DonBaileySpeaks @GOTTI_MProtocol in the #SAFEMOONECOSYSTEM are taking over by changing the face and culture of Defi single handed and are at the leading edge of setting new standards. @safemoon @BlockBustersTch @MProtocolFuture 🙏"

SafeMoon Eve

Images & Videos

Dante Lavorato

"First time seeing in person, hello @safemoon 🤙🏼"

SafeMoon CharDee

SafeMoon moderator and content creator

SafemoonArmyYT created this neat little game demo!

Security Alerts🚨

SafeMoon moderator Steve reminded the community to stay safe on Facebook!

"Please be vigilant that scammers are out there. Here’s an example of one that took on my identity before direct messaging people. They will lure you into believing them and then get you to click a link which would give them access to your wallet and empty it. It appears Facebook have removed it now, thankfully. Look for the clues, and please report to us if you receive a direct message from anybody offering you help with your wallet."

Certik Alert Tweeted,

"#CertiKSkynetAlert 🚨 We are seeing a possible exploit on project @FEGtoken ($FEG). The project had announced a migration yesterday. The estimated total loss is at 916 BNB or approximately $282,047 USD. Stay vigilant!"

Coinbase Launches Layer 2 Blockchain Base

On Thursday, crypto exchange Coinbase launched Base, a layer 2 network built with Optimism's OP Stack. Coinbase plans to use Base to attract millions of new crypto users in the coming years by offering a secure, low-cost, and developer-friendly platform to build decentralized apps or "dapps" on-chain. Base is not limited to Ethereum and offers easy and secure access to other layer 2 networks such as Optimism and other blockchain ecosystems like Solana. Coinbase plans to incubate Base inside its platform and leverage its experience in building crypto products over the last decade, with a goal to progressively decentralize the chain over time. There are no plans to issue a new network token.

Base will use testnets, which are testing environments that mimic real-world blockchain usage, and layer 2 blockchains built on top of layer 1s, or base, blockchains to reduce bottlenecks with scaling and data. Coinbase plans to allow developers to integrate their products directly with Base and provide fiat onramps to target an estimated 110 million verified users and $80 billion in assets on the platform in the Coinbase ecosystem. Coinbase hopes to use Base as a "bridge" for users into the crypto economy and encourages developers to start building on Base while also exploring other chains. Coinbase also announced the creation of the Base Ecosystem Fund, which will invest in and support early-stage projects building on Base that meet predetermined investment criteria.

[Source: CoinDesk]

Coinbase Tweeted,

"We’re excited to announce @BuildOnBase. Base is an Ethereum L2 that offers a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps. Our goal with Base is to make onchain the next online and onboard 1B+ users into the cryptoeconomy. Important: Base is not a token. We do not plan to issue a new network token for Base and will use ETH as the native gas token. To learn more about Base, follow @BuildOnBase and read more. We’ve incubated Base inside @Coinbase, leveraging our last decade of experience in crypto. Seeded with Coinbase products, users, and assets, we aim to make Base an open ecosystem for everyone. Read more about why we’re building Base on our blog."

Green Consumers Want Supply Chain Transparency via Blockchain

According to Chris Georgen, founder of the blockchain company Topl, consumers are often unaware of the consequences of their purchasing habits, which can lead to forced labor, deforestation, and the destruction of habitats. While blockchain cannot directly solve these issues, it can play a vital role in promoting supply chain transparency and ethical behavior. Mesbah Sabur, the founder of Circularise, stresses the importance of consumers making greener choices and understanding the impact of their products. The rise in global challenges has made it necessary for people to understand the climate impact of their purchases. Georgen believes that blockchain technology can help trace products and unpack carbon emissions, enabling consumers to make more informed choices. As businesses' values and treatment of customers, employees, and raw materials become increasingly important to consumers, blockchain-based systems are a natural fit for ethical consumerism. [Source: Cointelegraph]

Man Faces Arrest Over Alleged Crypto Mine Hidden Under a School

A man who previously worked in the facilities department for Cohasset, Massachusetts, has allegedly set up a secret cryptocurrency mining operation in a school's crawl space. Nadeam Nahas, who is accused of stealing almost $18,000 worth of electricity to power his operation, missed his scheduled court hearing to answer to charges of vandalizing the school and fraudulent use of electricity. As a result, a default warrant has been issued for his arrest. The operation was discovered by the facilities director in December 2021, who noticed computers, wiring, and ductwork that seemed out of place in the crawl space. After a three-month investigation, Nahas was identified as a suspect and resigned from his position in March. [Source: Cointelegraph]

Food For Thought

"Integrity is a choice. Kindness is a choice. Discipline is a choice. Consistency is a choice. The sooner you make these choices, the further you will go."

- SafeMoon Eve

"Never be a prisoner of your past. It was just a lesson, not a life sentence."

- Shared by Gary Goodridge

“As I look back on my life, I realize that every time I thought I was being rejected from something good, I was actually being re-directed to something better.”

- Vala Afshar

"Your mental health improves as you focus on more meaningful goals. Nothing is more stressful than feeling like you are wasting your time."

- Orange Book

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