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Are there any use cases for blockchain technology other than cryptocurrency payments?
Yes, a lot!
Volume is key for Mass Adoption
#Web3MovementForEveryone
#SAFEMOONARMY !!!
Is this the start of the Phoenix Rising?!?!
I FEEL IT ! I FEEL SOMETHING HERE 🔥
#SafemoonWallet
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#DecentralizedFinance
#SAFEMOONARMY 🌕
I asked @Grok about #Safemoon
“Safemoon might just be the answer to life, the universe, and everything, or it could be a cautionary tale”
We’ll see Grok, we’ll see.
#Web3MovementForEveryone
🤪🦋❤️🚀
#SafemoonArmy
#TeamYolo
Good Morning ☕️☕️
Get ready for a trip on your favorite rocket ship
#Safemoon INVENT. EXCITE. UNITE. #Web3MovementForEveryone
https://t.co/5sNV5kJTPY
Not a bad deal for 2 mugs!
Your also helping the planet too by planting trees and providing clean drinking water!
Use promo code: FUDDERSGONNAFUD at checkout!
Link: https://t.co/OpJ1z1fcSd
#web3movementforeveryone
#SAFEMOON #SAFEMOONFAMILY #SAFEMOONEXCHANGE #SAFEMOONBLOCKCHAIN
We are on our way to make the #SafemoonWallet the foundation for decentralization!
#Web3MovementForEveryone 🚀
We are thrilled to introduce to you the latest version of the #SAFEMOONWALLET! Built to keep your experience on the cutting edge! 🙌
HIGHLIGHTS
🔵 dApp Browser Integration
In our efforts to enhance your decentralized experience, users now have the option to utilize our dApp Browser! Seamlessly search and connect to decentralized applications without ever leaving the app.
🔵 Enhanced Navigation & Tools
With streamlined access to key application features, enjoy swift navigation when searching for essential tools like the calculator, customer support, security features and more!
🔵 Built-in Web Browser
Take advantage of surfing the web within the wallet and use the bookmark feature to ensure you’re always going to the right page!
🔵 Advanced Darker Mode
To those who desire a more subdued interface, our new mode provides users the option to make dark mode, darker!
🔵 WalletConnect 2.0 Alignment
Continued upgrades to keep pace with WalletConnect’s ever evolving tech.
🔵 Optimized Collection Viewing
This performance improvement ensures you navigate your collectibles with ease and speed.
🔵 Application Refinements
With our commitment to continual progression, we have implemented various other bug fixes and improvements.
We hope you enjoy this update to the SafeMoon Wallet as much as we do! 🎉
INVENT | EXCITE | UNITE
#SAFEMOON
Exciting times are ahead as our internal Block Explorer is set to be migrated. The development of its interface will commence post-migration. We're continuously working to offer you the best possible experience.
#SAFEMOONBLOCKCHAIN #WEB3 #BLOCKCHAIN #WEB3MOVEMENTFOREVERYONE
Welcome to the SafeMoon Wallet! 🎉
Experience the Web3 Movement for Everyone™
https://t.co/lc4iYOL0J4
🔵 Trade & store your favorite digital assets
🔵 Bridge between multiple chains
🔵 Fiat on & off ramp
🔵 Built in Swap
🔵 Secured by Orbital Shield
🔵 Android & iOS
#SAFEMOOWelcome to the SafeMoon Wallet! 🎉
Experience the Web3 Movement for Everyone™
https://t.co/lc4iYOL0J4
🔵 Trade & store your favorite digital assets
🔵 Bridge between multiple chains
🔵 Fiat on & off ramp
🔵 Built in Swap
🔵 Secured by Orbital Shield
🔵 Android & iOS
#SAFEMOOWelcome to the SafeMoon Wallet! 🎉
Experience the Web3 Movement for Everyone™
https://t.co/lc4iYOL0J4
🔵 Trade & store your favorite digital assets
🔵 Bridge between multiple chains
🔵 Fiat on & off ramp
🔵 Built in Swap
🔵 Secured by Orbital Shield
🔵 Android & iOS
#SAFEMOOWelcome to the SafeMoon Wallet! 🎉
Experience the Web3 Movement for Everyone™
https://t.co/lc4iYOL0J4
🔵 Trade & store your favorite digital assets
🔵 Bridge between multiple chains
🔵 Fiat on & off ramp
🔵 Built in Swap
🔵 Secured by Orbital Shield
🔵 Android & iOS
#SAFEMOOWelcome to the SafeMoon Wallet! 🎉
Experience the Web3 Movement for Everyone™
https://t.co/lc4iYOL0J4
🔵 Trade & store your favorite digital assets
🔵 Bridge between multiple chains
🔵 Fiat on & off ramp
🔵 Built in Swap
🔵 Secured by Orbital Shield
🔵 Android & iOS
#SAFEMOON
#Safemoon Connect Registration has already been filed for renewal !
Right things. Right order. Right time
#SAFEMOONARMY 🚀
#Web3MovementForEveryone
#Safemoon
Edit: Proof Of Authority does require users to invest their funds, thus increasing the challenge of being a validator (shows willingness to keep the network healthy!)
#Web3MovementForEveryone
*SPECULATION TIME* (long post)
"The Tales of Transition"
#Web2 —> #Web3MovementForEveryone
Dear @SAFEMOON
One things for sure is that the SFM Exchange is launching in the EU first but why? If I was a start up company looking to enter the market with a wide audience, I would choose Asia (Specifically Hong kong, Singapore, Korea, Philippines), perhaps Africa (Ghana, Nigeria, Gambia, Zimbabwe), as well as North and South America. For example, The Ontario Securities Commission reported that 13% of Canadians own a crypto wallet. This number alone should give me an indication that there is already an existing demand and market for crypto. Why not start there? Also, let's not forget that El Salvador has already deemed bitcoin as a legal currency so why EU?
There are 27 countries (Out of 44 sovereign states/nations) that constitutes EU; however, majority of the places that has already adopted crypto to it’s full potential are outside of the EU. There are some countries in the EU that has already embraced crypto, but there are already markets outside that we can/should prioritize and cater to.
Well the answer is regulations. Crypto’s kryptonite is none other than regulations. Most people are well educated regarding laws about crypto that they tend to move to places like Dubai where crypto is an adopted currency. Unfortunately, this drives out talent as well as investment opportunities. I was doing some reading and I believe it stems down to these three specific regulatory laws. The DSA, DMA, and the MiCA bill.
First, the DSA or Digital Service Act. The DSA’s main objective is to ensure that our fundamental rights are protected. This bill highlights our freedom of both speech and expression, repercussions of hate speech, as well as disinformation. All should have consequences and legal obligations that prioritizes consumer first. Also, the DSA contains sub layers that are categorized from “Tier 1, 2, and 3” -intermediaries, hosting services, both minor and major online platforms (platforms that have 45 million users or more PER month ex: FB/Twitter) Basically, Europe is not the best place to voice out your opinions so i’m curious as to how this will change the landscape of censorship there. It also protects businesses from unfair competition that hinders their ability to reach their full potential. So the DSA FORCES market participants to adhere to these laws and obligations otherwise there are consequences because now they are actually accountable for the content that they display. So, The DSA… It was initially proposed back in December of 2020 (not too long ago) then, policy makers agreed upon the proposal in April 2022. After, the DSA rules came into force on Nov 2022 and before you know it, small and large platforms as well as search engines were required to disclose monthly users between the timeline of Feb-July of 2023. The entire DSA will be applicable 15 months after Nov 2022. So sometime between Jan 2024-March 2024. I believe this is why John Karony not only said that it was launching in the EU but as well as the timeline which is Winter.
DSA EU - https://t.co/0MCh829Xn0
Next is the DMA or Digital Markets Act. It’s main responsibility is to ensure that gatekeepers or large digital platforms remain fair as well as practicing contestable laws meaning rules that we can argue about and have a sensible discussion when both parties agree that the law is wrong and needs revising. This applies perfectly with #Safemoon since our goal has always been the leader in the Web3 space. I know both may seem similar but they have key differences. Differences that lie within their obligations to report and analyze content moderation. Both hosting services and online platforms are legally required to report obligations regarding notice and action mechanism, report criminal offences, complaints and redress mechanisms, trusted flaggers, dark patters, targeted ads, special category about targeted ads with children. So a hosting service stores and provides information at the user’s request and it’s usually done so towards a specific receiver. So for example Gmail. I’m sending to a specific person. On the other hand, online platforms like instagram allows me to store (upload) or provide (reply to post) but an infinite amount of people can see it (obviously there’s security measures you can take like your privacy but the point is, the default setting is everyone can see it) Sending an email is not really considered as “disseminating/spreading” information because it’s usually towards a specific person like work or business emails.
DMA EU - https://t.co/qx6ZSiXkUW
The last one is definitely the regulation that best applies to SFM as a currency/medium of exchange which is the MiCA bill or Markets in Crypto Assets Bill. MiCA’s role is to protect investors by prioritizing transparency and putting proper legal framework for both issuers and service providers as well as adhering to money laundering rules. The new rule covers issuers of “Utility Token”, stablecoins, as well as service providers like an exchange or a defi wallet like our own SFM wallet. So when these crypto firms register their business in the EU and now they are under this law, what are they accountable for? Well business are required to practice AML measures or Anti money laundering laws. As much as illegal substances and activities are usually transacted with fiat currency, we can’t allow for cryptos to be used in the same manner or at least they have to ensure that maximum efforts are made to reduce this risk. Next is doing your due diligence…KYC your client. I believe there is a limit, for example any transaction above $1000 needs some kyc involved. Some may or may not agree but that’s not really the point right now. Basically you want to ensure that no bad actors are involved. Reporting any suspicious activity is the underlying message. Finally; clear, relatable, as well as applicable laws are in placed for example, items/good/services are now subject to a 14 day refund policy provided that the issuer did not meet “set standards” towards the item. According to the the government of Canada website, items purchased with crypto assets are none-reversible on the blockchain. Obviously this doesn’t constitute a fair and just ecosystem that will supposedly transition us to a web3 environment. Also, under the MiCA regulations, users of the defi space are now subject to a reimbursement if the token whitepaper provides disinformation that can result to an individual losing funds caused by the LP being maliciously and fraudulently transferred (basically a rugpull), Insider trading that can result in a pump/dump situation. Or any form of fraudulent issuance of any token regardless of the category the developers classify them as. STAKING however, is not covered under the MiCA Bill. This is bad news for a lot of investment platforms that rely heavily on various yields but I believe this is where SFM overtakes the entire crypto industry. Governments and policy makers always had their challenges regulating "Staking" because the simple answer is it is hard! Perhaps it has something to do with taxation within these Staking Pools offering various yields. Don’t get me wrong, the bill is contestable and actively being revised as more nations adopt to it so staking..imo will be available, just my speculation because of the demand and large capital invested in so many staking pools. Anyway, This was first proposed back in Sept of 2020, the council adopted its mandate on Nov of 2021, the council then reached an agreement on June 2022 and we are currently on the final stage in the legislative process which is a formal integration of the regulation. Guys, for years the SEC and the US government cannot distinguish whether a crypto asset is a security or a commodity..or they refuse to be honest with the public thus, resulting in the delay and progress of crypto as a whole but I believe this is it! That one crypto regulatory law that will supposedly legalize digital assets is here, I truly believe this is it and that is why John Karony chose EU for the initial destination launch for the #safemoonexchange.
MiCA Bill EU - https://t.co/E1l7nJy6Fu
https://t.co/fPxqx3kqFK
So why is this important? It’s important because this will actually transition the market into a more decentralized fashion. This is the ultimate regulation that is suppose to provide crypto clarity in the market. All those tech giants know about this and they have been for sometime. They are fully aware that their existing business model needs a change- a change that prioritizes consumer first rather than profit. For example, major messaging platforms like WhatsApp, FB Messenger, and iMessage are now required to open source their codes and integrate with smaller messaging platforms to promote interoperability. Also, Amazon cannot promote their own Amazon brand products anymore. When you browse an item, usually Amazon's version of that product is presented first in a bold and demanding manner. Another example is Apple, for the most part you cannot delete a pre-installed software like iMovie forcing you to choose a single product which narrows your options and prevents the user from experiencing a better app. That’s another forced promotion and the DMA fixes that! This is what the Digital Markets Act/DMA is! I believe this is the key regulation that Sfm is waiting for and diligently working to finally get over any regulatory scrutiny that majority of these centralized exchanges are facing.
So the person in charge of enforcing these laws is a guy name @ThierryBreton. The European Commissioner of Internal Markets. So essentially his job to ensure that legislation process are in place as well as mandates and proposals are met. In the last two weeks of June, He met with @nvidia CEO Jensen Huang as well as @Meta CEO Mark Zuckerberg. They’ve agreed to do a stress test in July. Also, @OpenAI CEO @sama and @Snapchat CEO Evan Spiegel. And last, He met with Twitter CEO Linda Yaccarino and Elon Musk himself to discuss how the platform can help progress the space. Thierry Breton tweeted and this is his tweet “@Twitter is the first platform to undergo a stress test to prepare for DSA…ahead of the real test on August 25th”
What if part of that meeting that they all had last week was integrating SFM orbital shield into their log in system and prepare them from the transition to WEB3. (Is this part of the reason why Twitter was limiting user interaction yesterday? Perhaps some stress test that Twitter was doing) Coincidentally, after the twitter being down yesterday, ChatGPT's web browser extension can no longer access Twitter's data. Truthfully, It honestly makes sense for them to do this because they know…the WEB2 CEOs…they know that their security system is flawed. We see it in the news all the time, FB customers profile hacked. Clearly, their database for record keeping is outdated and pretty much prone to hacks and ddos attacks.
https://t.co/wdsWOjzdMy
NOW IF…if my speculation is true and that every major hosting service and large platform will go on the #Safemoonblockchain or at least integrate #SafemoonOrbitalShield into their security system in preparation for the transition towards Web3 space..this is when I realized that SFM as a coin will act as THE reserve digital asset. Everything and I mean everything (Fb with their Libra coin, JP Morgan Bank with their JPM Coin, Walmart and their WalmartCoin, Amazon coin, Google coin, Mitsubishi and their MUFG coin, etc) will use their own currency and back SFM with it.
Why else should they partner with Safemoon? How does this affect the way the public as well as investors view them?! Portfolio managers and also investors use something called the ESG model to basically assess how each company is contributing to the environment, how they are focusing on Social Impact like diversity and equality, and how they are making sure that Governance is a priority where laws and rules are contestable. That’s all ESG is, just another form of metrics that managers use that is outside of the technical analysis and price action of a stock/company.
*Speculation on how the new criteria of the ESG model will look like. Source: https://t.co/B2dEZ59THe
I believe this is the whole idea of #Web3MovementForEveryone - to be the pioneer and to lead a group of high caliber entities ready to partner and help move to a more decentralized approach. Will #SafemoonOrbitalShield be the new standard for securing any single sign-on process ranging from Instagram accounts, Amazon accounts, Playstation accounts, Disney Plus accounts, even Wifi passwords, Government records, medical records, and of coarse, crypto wallets. Every company in this planet that requires a log-in system will eventually see the benefits that Safemoon Orbital Shield has to offer and they will have no choice but to partner with us. Combining Web2 and Web3 has always been their priority and that is why they preach this on their socials more than any product on their pipeline.
On Safemoon Orbital Shield’s website as well as Youtube videos, they said and I quote “Beyond SafeMoon’s products, you can also expect to see SafeMoon Orbital Shield show up in special partner collaborations, not just within the Web3 space but also within existing product systems that could benefit from dramatically improved security”
https://t.co/R5h1vg1XFh
Guys, how big is this?! And this is the speculation part on my end but what if the SFM Blockchain will use a client's reputation (a database of sensitive and valuable information) as a block validator. When you open an account/sign-up, participate in these major platforms’ ecosystem, you are already providing your identity from driver’s license to as far as credit check or criminal background checks. So instead of using funds to secure the network, they will utilize a user's credentials since funds and credentials are essentially similar in such that they both translate to valuable information.
https://t.co/HKjyXSQBEC
YES, the world needs to transition to a more decentralized manner BUT…there is no way that the tech giants, major online platforms, and the private organizations controlling global and capital markets to transition into a digital era where every transaction is anonymous. Like there’s just no way the government will allow a crypto currency that is hard to track and believe me, the average person cannot read a blockchain transaction…to dictate the global ecosystem. Once again, these are all speculations. Just my own views on how the timelines add up with the exchange, as well as the blockchain because let’s be honest, we are getting way too many updates regarding the blockchain..only for it to be released in let’s say Oct 2024 or Jan 2025. Same with Orbital Shield. It was released on Dec 23 but around Sept-Nov we were already getting so many updates through drawings and explanation videos. Once again, NFA
Sincerely,
Curious #Safemoon holder who drinks 4-6 coffees a day and suffers severe insomnia.
P.S If you have read this far, Happy #SafemoonSunday
Blackrock, Fidelity, and now Deutsche Bank?! Read the messages around you carefully❗️
#DecentralizedFinance
#Safemoon
#Web3MovementForEveryone
🚀
Twitter will definitely benefit if they use #Safemoon as the medium of exchange!
Just saying.
#Web3MovementForEveryone 🌏
NEWS: Elon and Linda have told Twitter investors that the platform plans to focus on video, creator and commerce partnerships.
Linda yesterday informed investors Twitter is in early talks with political and entertainment figures, payment services, and news publishers.
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