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SafeMoon Lowdown (November 29th, 2022)

Updated: Nov 30, 2022


SafeMoon Partner Stories: MetaMerce | Community Content: Images & Videos - Spaces | Food for Thought | Blockchain Education: What is Bitcoin Hash Rate and Why Does it Matter? - How Web3 resolves fundamental problems in Web2 | Blockchain News: Blockchain in Space could take Tokens and NFTs into Orbit - Cronje Says DeFi Saved Fantom: ‘We Are Cash Flow Positive’ - Ukrainian-Founded Web3 Startups raised $1 Billion in Four Years | SafeMoon Stats | SafeMoon Partners | Reminders

SafeMoon Partner Stories: MetaMerce

Did you see that another SafeMoon Partner Story released? This time it's featuring one of our more recent partners, MetaMerce, which became a Hyper Launch Partner in September!


MetaMerce Token resides on the Ethereum blockchain. It is an ERC-20 deflationary token aiming to revolutionize the secondary goods industry. By partnering with the nation’s largest retailers and utilizing reverse logistics program(s), MetaMerce will become a global distributor within a trillion dollar market. Step into the future of shopping, MetaMerce Market, a virtual reality e-commerce platform within the Metaverse sector.

Community Content

Images & Videos



SafeMoon Army


Jeremiah hosted another SafeMoon Watercooler! Click the image below to listen in!! 👂

Food For Thought

"Discipline is 100 times more important than IQ."

- Wealth Director

"Nothing is really final in life. Not success, not failure. There's always chances to start again with a different perspective, a different route. A sunrise is another way of saying, Let's start again 😉 As always, #BeKind💙"

- Holly

"Be gentle and kind with your words. Most people are struggling. Life is hard. Lift people up if you can. Be less judgmental and more helpful."

- Vala Afshar

"Generosity is not a quest for appreciation. It’s an act of care and contribution. The point of giving is not to seek gratitude or receive recognition. It's to live by your principles. True kindness isn’t motivated by how others will react. It’s an expression of who you are."

- Adam Grant

Blockchain Education

What is Bitcoin Hash Rate and Why Does it Matter?

Check out Coin Telegraph's educational article which answers the following questions:

1. What is Bitcoin’s hash rate?

2. Why is hash rate important?

3. How does Bitcoin’s hash rate work?

4. How does the hash rate affect Bitcoin price?

How Web3 resolves fundamental problems in Web2

In this Coin Telegraph article, get a better understanding of the differences between Web2 and Web3, what problems Web3 can solves, and what challenges lie ahead for Web3!

Blockchain News

Blockchain in Space could take Tokens and NFTs into Orbit

SpaceChain has successfully launched its second Ethereum Virtual Machine (EVM) payload into space aboard a SpaceX Falcon 9 rocket for installation on the International Space Station (ISS) via a SpaceX Dragon 2 spacecraft.

The mission marks SpaceChain's seventh successful blockchain payload launch into space and the second integration of its payload with the open-source platform Velas.

Once installed and tested on the ISS via Nanoracks, the space node will be capable of processing Velas blockchain on the ISS and sending Velas digital assets from space, say the SpaceChain team. These might include tokens and NFTs, in addition to performing complete high-speed transaction services across the Velas platform, including smart contract deployment and coin minting. [Source: Technology Magazine]

Cronje Says DeFi Saved Fantom: ‘We Are Cash Flow Positive’

Andre Cronje, a long-serving figure in the DeFi space, says the Fantom blockchain project he advises is cash-flow positive, earning more than $10 million in annual revenue.

Cronje shared a blog post on Monday that claims the Fantom team maintains more than $300 million in assets without specifying how much is considered liquid. “We are still scaling up,” Cronje said.

Fantom’s reported treasury, as yet unproven on-chain, is made up of around 450 million FTM ($85.7 million). There’s also $100 million in stablecoins and $100 million in undisclosed cryptocurrencies, as well as $50 million in non-crypto assets, per Cronje’s post.

Fantom is a layer-1 blockchain compatible with Ethereum Virtual Machine (and Ethereum dapps). The network competes with the likes of Solana, Avalanche and Polygon for Ethereum’s market dominance.

Cronje’s blog works to reassure investors the Fantom Foundation’s solvency while detailing its financial history. The non-profit firm, which currently employs over 40 staff according to RocketReach, has an annual salary burn rate of $7 million. Cronje expects Fantom’s coffers to last for another 30 years without touching its FTM stash.

DeFi strategies are currently bringing in $6 million per year for the Foundation, said Cronje, revenue it uses to buy its own FTM tokens. Yield farming on Compound and Synthetix were cited as previous plays. [Source: Blockworks]

Ukrainian-Founded Web3 Startups raised $1 Billion in Four Years

While Ukraine ranks third worldwide in the 2022 Global Crypto Adoption Index, Web3 startups with roots in this country raised nearly $1 billion in investments over the past four years. This and other interesting facts and numbers are contained in a report just published by Hypra, a Lisbon-based Web3 fund with a Ukrainian team.

According to this report:

  • More than 80 Ukrainian or Ukrainian-founded Web3 startups were launched over the p&ast four years;

  • 10 Ukrainian funds invest in blockchain projects and crypto (including TA Ventures, Roosh Ventures, SID Fund, ZBS Capital and Hypra itself);

  • Some 50 Ukrainian blockchain development companies serve clients worldwide.

Hypra also shares a map of the Ukrainian blockchain ecosystem, and lists the top 15 Web3 companies with Ukrainian roots by valuation. [Source: Ukrainian Digital News]

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