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SafeMoon Lowdown (December 9th, 2022)

Updated: Dec 10, 2022


Community Content: Images - SafeMoon Gaming - Party Game Day - Community Space Food For Thought | Crypto Payment Gateways | Blockchain News: Coinbase & Binance Teach on Crypto & Blockchain - South Korea’s Wild Plan to Dominate the Metaverse - Soulbound Tokens to Explore WEB3 | SafeMoon Stats | SafeMoon Partners | Reminders

Community Content


Metaverse Josh

SafeMoon Gaming - Party Game Day

It's Friday and that means PARTY GAMES at 3pm MST! Want to join? Click the SafeMoon Gaming logo below to hop into the Discord!

Community Spaces

"Sorry guys but the WaterCooler will not be running today. We will returning back on Monday. Have an awesome weekend. 😎👍✨ Please share #SAFEMOONARMY#safemoon#Watercooler" - Jeremiah

Food For Thought

"As we work to create light for others, we naturally light our own way 🔥 A medida que trabajamos para crear luz para los demás, ¡por naturaleza iluminamos nuestro propio camino ✨❤️ No FUD!"

- Shared and translated by Chela

"Accomplishments will prove to be a journey, not a destination."

- CryptoToMars

"Not everyone will understand you, and that's ok 😏 The ONLY person who needs to understand you is YOU. Get to know yourself. The best journey you will ever undertake is the journey of self-discovery 😉 As always, #BeKind 💙"

- HollyGirl

"May your mom/dad live long and healthy, may you make your parents proud, may your crush love you back, may your boss give you that raise you've been praying for, may your kids be healthy and happy, may you succeed in your endeavors, may your beloved pets stay with you longer"

- Seeking Peace

"Golden Rule: Never upgrade your lifestyle too fast."

- Fiona

Crypto Payment Gateways: What Are They and How Do They Work?

The parallel development of payment processors for digital currencies is taking place along with the implementation of blockchain technology in various industries like healthcare, academics, supply chain and among others. Businesses willing to accept cryptocurrencies as a payment method rather than fiat currencies rely upon crypto payment gateways to operate.

Without the trouble of needing to keep a cryptocurrency wallet and convert digital currency into fiat money, a crypto payment gateway can offer a straightforward solution for a merchant to adopt crypto. This facilitates the broader acceptance of digital currencies and makes it simpler for a vendor to provide cryptocurrency payment options.

This Cointelegraph article will highlight the role of crypto payment gateways in the cryptocurrency market, their advantages and disadvantages and how a crypto payment gateway works.

Blockchain News

Coinbase President and Binance CEO Among Web3 Experts Teaching a MasterClass on Crypto & Blockchain

MasterClass, an e-learning platform where users can learn from world-famous experts across a wide range of subjects, today announced a class on cryptocurrency and the blockchain taught by Emilie Choi, Chris Dixon, Paul Krugman and Changpeng “CZ” Zhao.

These four leading voices in the Web3 industry will offer insights into the Web3 space, starting with the history of blockchain technology, where it stands today as well as the opportunities and risks for its future.

As the central figure of the class, Changpeng “CZ” Zhao, co-founder and CEO of Binance, will explain the evolution of blockchain technology and how blockchain enables the transfer of value.

To learn more about this MasterClass, read the full NFT Gators article now!

Inside South Korea’s Wild Plan to Dominate the Metaverse

If you had to pick the one country that’s most primed to take advantage of the opportunities offered by the metaverse, South Korea would be high on the list.

It’s a technology-obsessed country that eagerly adopts new products, where 98% of people own a smart device and more than 10% of the population own at least some cryptocurrency. Despite being the 13th-largest economy in the world by GDP — and the 27th by population — it’s the fourth-largest gaming market in the world, with its 33 million gamers generating $8.3 billion in revenue for the sector in 2021.

Gaming is already a metaverse-style social activity. The most popular games are either cooperative or competitive, and the country dominates e-sports, with thousands packing stadiums to watch professional players battle it out.

“For [Australians], our entertainment on a day-to-day basis would be watching TV or watching a movie or whatever,” says Melbourne-based Zerocap analyst Nathan Lenga, who has researched South Korea’s metaverse plans. “But 50% of people in Korea actually reported that their daily dose of entertainment was gaming. So, it’s really, really immersed and just integrated into their culture,” he says. [Source: Cointelegraph]

Japan’s Sumitomo Mitsui to Issue Soulbound Tokens to Explore WEB3

The Japanese financial group Sumitomo Mitsui Financial Group (SMBC) is moving to explore the benefits of Web3 by issuing soulbond tokens (SBTs). Proposed by Ethereum creator Vitalik Buterin, SBTs refer to digital identity tokens that represent the characteristics or reputation of a person or entity, or a “soul.” Such tokens are non-transferable and are designed for the decentralized society and Web3.

SMBC officially announced on Dec. 8 an initiative focused on the practical use of SBTs in partnership with the digital asset firm HashPort. The companies plan to conduct research on SBTs to find out their practical uses for communities, jobs, knowledge sharing services and decentralized autonomous organizations (DAOs).

According to SMBC, the development could specifically be useful for individuals increasingly assuming diverse roles and personalities within society. The company stated: “It is expected in this new society that each individual will be able to control which personality he/she displays in each community in which he/she participates. SBTs satisfy these new social needs through the use of multiple ‘souls’.”

SafeMoon Stats

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SafeMoon Partners

Shido Finance

"Shido Chain is a next-gen blockchain. We are officially releasing new updated documents and more in-depth information. Shido Chain is boosting a superior TPS with almost inexisting Gas Fee. It's also scalable and compatible with other EVM Blockchains.


Original Tweet

Empire Token

"The #cryptocurrency sector has expanded significantly over the past few years, and if you are just getting started, you might feel overwhelmed by all the new terms. But what exactly is a