SafeMoon Gaming: Fortnite | SafeMoon Partner Highlight: Rhythm | Blockchain Education: NFT Value | Community: Videos - Twitter Spaces | Blockchain News: El Salvador to Open a ‘Bitcoin Embassy’ in the US - Napster's Web3 Acquisition of Mint Songs - World’s First Crypto Green Bond | Food for Thought | SafeMoon Stats | SafeMoon Partners: EverGrow - Shido - Empire Token - Croge Coin - DxSale - Grove Coin -
SafeMoon Gaming: Fortnite
The storm rages on! Join the gaming community on the Fortnite battleground tomorrow at 1 PM MDT. Head over to the SafeMoon Gaming Discord to take part in the fun.
Today the gaming community is playing Goose Goose Duck. Interested in joining? Learn more here.
SafeMoon Partner Highlight: Rhythm
Rhythm is a company that operates in the realm of decentralized finance (DeFi) and music streaming. It aims to create a more accessible, transparent, and community-driven financial system and to bring innovation to the music industry through the use of DeFi technologies.
Short Term Goals:
Building a CeDeFi version of its music streaming platform that allows users to access a large library of songs, music videos, and podcasts and using embedding tools to create a simple, user-friendly interface for streaming content from platforms like YouTube, Spotify, and Apple Music.
Integrating the Rhythm Protocol into the CeDeFi platform could potentially allow for wallet perks, NFT pins, NFT playlists, NFT albums, and other projects.
Gradually transitioning the music industry to a decentralized system that works end-to-end by leveraging the power of DeFi technologies.
Building a fully decentralized application (dApp) version of its music streaming platform that is community-driven and allows for community votes on new feature ideas, more use cases, and new projects.
Encouraging well-known artists to join the DeFi space by offering them something of value, such as more control over their music and how it is monetized and a fairer distribution of revenue.
Creating a more stable, transparent, and accessible financial system through the use of DeFi technologies that is less reliant on centralized intermediaries and more responsive to the needs and desires of its users.
Blockchain Education: NFT Value
In an article published by Cointelegraph, the author discusses the factors that play a role in determining the value of an NFT.
Non-fungible tokens (NFTs) are unique digital assets that are stored on a blockchain.
The value of an NFT is determined by various factors, including rarity, the reputation of the creator, historical significance, and overall demand.
The ecosystem in which an NFT exists can also affect its value, such as the popularity of the blockchain platform or support from the wider community.
The market determines the value of an NFT, which can fluctuate based on a range of factors.
Assessing the value of an NFT requires careful consideration of these factors and a willingness to adapt to changes in the market.
El Salvador to Open a ‘Bitcoin Embassy’ in the US
El Salvador is furthering its connection with Bitcoin by establishing a "Bitcoin Embassy" in the United States through a partnership with the government of Texas. This collaboration comes after El Salvador adopted Bitcoin as legal tender in 2021. The purpose of the embassy is to serve as El Salvador's representative office in Texas and to develop joint projects to promote Bitcoin adoption. Milena Mayorga, the Salvadoran Ambassador to the United States, made the announcement via a statement on Twitter on Feb. 14. [Source: Cointelegraph]
Napster's Web3 Acquisition of Mint Songs
Napster, the music sharing service that was popular in the early 2000s, has made the leap from Web1 to Web3 with its acquisition of NFT music platform Mint Songs. The acquisition, made through Napster Ventures, will help Napster integrate Web3 strategies into its operations. Mint Songs allows artists to create exclusive art for their fans and turn their music into NFTs.
Jon Vlassopulos, CEO of Napster, praised the current era of innovation in the digital music space and expressed excitement over the potential for a better music ecosystem for both artists and fans. Nate Pham, former Head of Product at Mint Songs, has been hired to lead Napster's Web3 product initiatives, and Garrett Hughes, former co-founder and CTO of Mint Songs, will serve as an adviser. Hughes expressed confidence in Napster's ability to build on Mint Songs' work, noting that the introduction of collectibles and other Web3-based features will help artists monetize their fandom and engage with fans in new and innovative ways.
This move by Napster comes at a time when other large music corporations are exploring Web3 strategies, such as Warner Music Group's search for a senior director for metaverse development and the creation of a digital music collectible startup called Vault by the former co-founders of sports betting company Fan Duel. [Source: CoinDesk]
World’s First Crypto Green Bond
Hong Kong has been exploring the potential of blockchain technology, and the latest report suggests that the Hong Kong government was able to sell around 800 million HK dollars, which is roughly $102 million, of tokenized green bonds, with a yield of 4.05%.
Paul Chan, the Financial Secretary of Hong Kong, praised the country's latest achievements in the digital economy and highlighted the successful issuance of the tokenized green bond as an essential milestone, demonstrating Hong Kong's strengths in combining the bond market, green and sustainable finance, as well as fintech.
The tokenized green bond sale was executed by Goldman Sachs GS DAP, a blockchain tokenization platform. It reflects the banking giant's efforts to contribute to the digitalization of capital markets and increase efficiency across debt issuances. [Source: Bitcoinist] What is a green bond?
According to Investopedia, a green bond is a fixed-income security that aims to raise funds for climate and environmental projects. These types of bonds are usually backed by the balance sheet of the issuing entity and may be linked to specific assets. They typically have the same credit rating as other debt obligations issued by the same entity.
The term "green bond" has been in use since the early 21st century and is sometimes used interchangeably with "climate bond," although the latter specifically finances projects aimed at reducing carbon emissions or mitigating the effects of climate change, while the former includes a wider range of instruments supporting projects with a positive environmental impact.
Food For Thought
"Remember in an ever evolving world observation and patience are powerful tools for success! By taking a step back, gathering information, and assessing the situation, we can make smart and strategic decisions that lead to positive outcomes."
"Assume command of your fate by having faith in yourself. Don't pay attention to those who attempt to dissuade you, and steer clear of negative influences such as individuals, locations, and behaviors."
"When everything seems to be going against you, remember that an airplane takes off against the wind, not with it. Nothing is like it seems, but everything is exactly like it is 😉 Make someone smile today, and as always, #BeKind 💙"
Have you voted today?
Are you interested in becoming a Token Partner?
To apply, simply visit SafeMoon.com/apply.
For more information on all our partners, visit SafeMoon's Partner Portal.
SafeMoon Wallet: How to Sell Crypto Guide
Want to sell your cryptocurrency but don't want to use an exchange? Check out our new video guide on how to sell with the SafeMoon Wallet! No hassle, just easy-to-follow steps.
SafeMoon Orbital Shield
SafeMoon released a technical explanation of their patent-pending security product, SafeMoon Orbital Shield.
Need a slightly more simplified explanation?
SafeMoon Pulse Monthly Recap
Each month, the SafeMoon Pulse offers a comprehensive overview of the previous month, including any updates or changes you may have missed. The latest issue of the SafeMoon Pulse is now available, covering all the important information from the month of December.
The video is below, or if you prefer reading, you can access the Pulse article here.
What is PoA, and what are its advantages?
Learn more by clicking the image below.
Recent Captain's Logs
SafeMoon CEO John Karony talks about SafeMoon's Centralized Exchange
(CEX) progress in the Captain's Log video below.
CEO John Karony gave a quick update on the SafeMoon blockchain explaining a bit about the chosen consensus mechanism and release expectations.
Token Monetization Innovation (TMI)
SafeMoon has released a new patent pending feature designed to improve the user experience on it's DEX (Decentralized Exchange - SafeMoon SWaP) labeling the feature TMI (Token Monetization Innovation).
TMI aims to improve transparency and transaction predictability by charging the exchange fees upfront in the native token and using smart contracts to ensure transparency in token liquidity pairings. It also aims to expand the availability of web3 and enable additional community partnerships with meaningful projects.
SafeMoon made the announcement in a Tweet and shared the SafeMoon Newsletter Captain's Log.
Attention pSafeMoon holders ONLY. SafeMoon Tweeted,
"The pSFM Migration Campaign is now LIVE! If you held pSafeMoon before December 19th 11am EST, you can now migrate your tokens with our easy migration tool. *If you do not hold the pSafeMoon token you may dismiss this message."
Only use the official dApp link on the SafeMoon Website.⚠️
Have the tokens you want to use for migration in your wallet.
Don't transfer after the cutoff date/time
Have a small amount of ETH for gas fees
Tokens acquired in wallets after the cutoff date/time won't be eligible
Am I eligible?
- Moving forward, the partnership with pTokens will be coming to a natural end. The pSafeMoon Token will no longer be supported except through this Migration Program dApp.
- If you acquired pSafeMoon prior to Monday, December 19th at 9AM MST (GMT-7) please initiate a migration to SFM V2 as soon as possible.
- Liquidity for the pSafeMoon Token has been removed, and any tokens acquired through any means after Monday, December 19th at 9AM MST (GMT-7) will not be redeemable for SafeMoon V2 tokens.
- In order to assist the pSafeMoon holders in this migration, a secure and user-friendly procedure has been put in place. This process will remain live for a minimum of six months.
The education team has also recently updated their pSafeMoon Guide to include an updates section so you can be aware of any issues relating to pSafeMoon. In addition, you'll find some FAQs to keep you all up to date.
Click the image to check it out
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:
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!
Slippage and Gas Articles
You may have heard of slippage and gas related to the transactions you make when trading your digital assets on the blockchain but do you know what they are, where they come into play during a transaction, or even why they exist?
SafeMoon Education Manager Cats published two new educational articles for those interested in understanding more.
⬇️Click on the image of the subject you'd like to learn about first.⬇️
↙ Learn about Slippage (Left) and Gas (Right) ↘
Understanding SafeMoon Transactions Article
🎓Want to understand more about what happens when a SafeMoon SWaP transaction takes place? Here's an article that can help you understand the process a bit further.
SafeMoon Career Opportunities
"Are you someone who imagines new realities & wants to collaborate with others to bring that new reality into being, for the good of everyone? Or maybe you know someone who might be a good fit?"
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SafeMoon SWaP Listings
Upcoming Card Features
Sign-up for the pre-launch waitlist here
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