Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
lol... I meant the last two seconds of this commercial
And will likely spread to nearby countries as well. I'm not fluent in Spanish, but I believe the phrase is "cha-ching".
LOL! I was trying to find a gif from the old Mountain Dew commercial but I guess it hasn't been made yet!
No worries!
When it hits, every little bit will matter. :)
I think it was reliant on Papa. Papa isn't going anywhere. Not for a while at least.
Agree. Things are gonna be a lot better now. I felt a little bad about him being asked to leave. I don't anymore.
Thank you for the tip!
Agreed.
There's something in the ST post about a name change in 1999 but it has history under its prior name going back 74 years.
That ST group spent a lot of time this weekend working on it. It wasn't easy for them at all. They dug hard everywhere they possibly could. Props to them.
This was taken from what Registered Capital means in China.
"Registered capital refers to the total amount of equity or capital contributions to be paid in full by the shareholders to the FIE which is registered with the governmental authorities."
Of course sir!
SAFEMOON SUNDAY RECAP - 9/19/2021
Presented by John Karony (CEO), Ryan Arriaga (Global Head of Products), and CatsRus (Sr. Safemoon Educator)
UPDATES
- Android Wallet has 115,000 downloads. Approx. 20,000 downloads per day. 4.9 stars. #2 on Google Play.
- There was a review gaffe on Google's side of things. Google has never seen the number of responses before that Safemoon users were providing and they thought it was bots. It's been fixed.
- iOS Wallet was submitted for approval to the Apple store. Now it's up to them how long it takes before it's available. Might be tomorrow. Might be a week from now. It will have all the same features Android Wallet does.
- Android was live before it got it's social media push. It was gradually phased in. Likely that iOS will happen the same way.
- There will be more token support. It will be released in steps.
- A big reason that they're choosing to have staged releases is because the volume that occurs with Safemoon projects is practically heard of. They've had to constantly scale on the back end to be able to support the Safemoon user base.
- UI overhaul will take a little bit of time. They're working on that as well. This is a result of the user comments and suggestions.
AMA
- Working out the best way to implement the Exchange side of things. They're still going to need some time to make sure everything is right... that everything is secure... and that it's built on proper technology. They don't want to give any time frames. To me, that sounds like the Exchange is going to be delayed from the earlier stated launch goal of October. This was confirmed later in the AMA.
- V.2 is the Safemoon smart contract with more features. There are features to make transferring tokens between hot wallets more secure. They're looking at possibly a reduced trade fee when transferring tokens between wallets. They're looking at a feature to protect users when an Exchange lists Safemoon without consulting Safemoon. They're looking at a fee-less migration feature for in the future if there is a possibility that Safemoon would migrate to another blockchain. There's no real difference between V.1 and V.2 other than adding more features on top.
- There continues to be strategic phased approach to releasing products.
- SafemoonDev purchased his tokens along with everyone else. He was technically a founder. What Safemoon used to be is not what it's been built to be. He hasn't been involved in the operational side since late March to early April. Regarding the FUD, John cannot comment on the FUD (i.e. the video I posted earlier that was kind of a big deal this week).
- John basically confirmed that Hank's departure from Safemoon was directly linked with that video. When asked how long it took to develop the wallet, John responded with "Architecture happened month 3 1/2... and then we started development month 4 1/2... and then we dealt with the things that I won't comment on but that are public knowledge... that put a slight hamper... but we were still able to get it done... I'll say this we missed the deadline by two weeks..."
- Internally, things in the company are great. They're still looking to fill the two senior roles. Hundreds have applied. They're currently interviewing about 15 people and there is one that John really wants to poach but can't talk about yet due to NDAs. On the product side, there are candidates that have been the point guards in other companies that have taken those other companies public. On the product side, they are interviewing a TON (close to a thousand) and it's been hard to go through because they have to pick the right ones and pick the ones with passion and that want to work late at night because they want to change the world, not just pick up a paycheck.
- Safemoon launch goals are targets of when they would like to release products. Tokenholder input sometimes affects the goals. The dates have been revised and part of it has to do with the company restructuring, etc. It's give and take between John and Ryan. John usually has an idea of when he wants a product to be released, Ryan has to explain what is realistic, and they have to compromise between what resources can create a tangible goal. Timelines, road map, etc. will be addressed next Safemoon Sunday.
- Future wallet features that can be expected - the ability to protect the users and holders through a gateway system when it comes to exchanges listing Safemoon without reaching out to Safemoon... transferring between different wallets and a tax-free system there... migrating to the Safemoon blockchain (something where it's an easy migration back and forth)... The community has been coming up with additional products to the wallet. There are also things that need to be done on the back end that have to be in place to connect all the other Safemoon products together. There will be increased encryption... dApps... charts... added support for other cryptos... etc.
- The core team is working on being able to buy Safemoon directly (this is probably more reliant on Safemoon having their own blockchain, imo).
- The team wants Safemoon SWAP to be everyone's main, instead of Pancake Swap. The liquidity pool is currently being migrated over to Safemoon SWAP. V.2 is going to have different options. They are currently cross chain and will continue to be so. When it comes to bridges, they are looking at accessibility. Support for pTokens will be covered on a future Safemoon Sunday.
- Operation Pheonix is Safemoon's "North Star". It's a guiding point for the team. In regards to progress, not much detail can be given due to NDA but what he can say is... Wind Turbines.
I posted this in my last big post - "Here's some stuff if anyone wants to play investigator."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165936448
"There is apparently one more subcompany registered somewhere... I paid the Utah fees on both John and Curtis but either I didn't find it or I disregarded it as being more of a coincidence than an actual relation. For example, John has a "Ronin" company which I posted below. Their lawyer also has registrations for Ronin real estate and Ronin energy. So they COULD be related but... I felt like I was stretching."
Um... so... I guess I might not have been stretching after all?
https://www.africanews.com/2021/09/16/the-gambia-launches-ambitious-renewable-energy-projects-by-miguel-artacho//
To be perfectly fair, I can't say for certain that those two companies are the special vehicles for The Gambia project.
... BUT
I do find it to be a little bit more than coincidental based on what John said and that article. The connection is that John and Jack are owners of a company called The Ronin Crypto Group. Safemoon's assets in the US are registered by one of Safemoon's lawyers, Curtis Wolthius. Curtis Wolthius is the registered agent for both of those Ronin companies pictured above.
Continuing on with questions...
- John likes carrots and tomatoes in his soup.
- When Safemoon goes from token to coin... if it can be a seamless process, and you can push a button and it migrates over... that's something they're looking at. As I said two weeks ago, this is comparable to say... swapping from BNB to BSC (BNB Smart Chain). But it deserves it's own moment in a future Safemoon Sunday.
- They are working on more graphs to show different levels of token reflections per user. It's in progress.
- There will always be a testnet before there is a mainnet.
- The NFT button was taken out of the Android wallet to be uniform with the Apple Wallet. The Apple store doesn't like NFT so it was taken out of the iOS app. It will be implemented later on. There will be NFT in the ecosystem.
- Sunday, October 3rd, will be the next Safemoon Sunday.
Thank you to Safemoon for posting this video.
Word! 100% agree! It was a weekend long project for them.
Thank the other guys. I just copied and pasted. :P
It may not reflect in the SP tomorrow... but it's legit. It's coming. Hold on to your shares.
I'm saying it looks like they found the address of the company, the assets valuation, the projected revenue, the chinese registration code number, etc.
If it hasn't already been posted.
https://www.dnb.com/business-directory/company-profiles.jilin_wugubao_brewing_coltd.66a364cf27dcd1625b60e32b2cf6a307.html
Courtesy of sd hunter, djk0689, bschuu, herewegooooo, possibly more that I haven't caught yet.
iHub really needs a "Like" button. Thanks for posting that!
No longer have any respect or sympathy for Hank.
Same here bruddah. It's only banned until they figure out how to tax it. It's not about protecting us. It's about collecting from us.
Is that a pun? The final proof? LOL XD
I'm in California. I have to go through Coinbase to KuCoin and then TrustWallet/Pancake Swap. We can't buy anything with CC involving gambling, including stocks, crypto, lotto tickets, etc. I have a feeling Wyre got warned or something.
I'm actually kind of ok with it. I'd rather buy Binance instead of Ethereum. It will get better in time. Especially once the Exchange is up. We have to remember this is just the opening act.
I don't know. Do you live in Texas? Can you normally buy crypto with a CC where you are? I had an issue with it this morning myself involving the infinite loading loop but I think it was on Wyre's end... not my own.
You won't be ditching it entirely yet. It's still connected to your Safemoon wallet. The Safemoon wallet is like an advanced skin for it. When you buy using the Safemoon wallet, it still gets deposited in your TrustWallet. Sometimes it takes a while for the Safemoon Wallet to reflect it, even though it's instantaneous in the TrustWallet.
Here's some stuff if anyone wants to play investigator. Some of this has been floating around for a bit. Some of it was on ST earlier today/late yesterday.
There are now three LLCs registered out of Utah.
SafemoonConnect is the newest one to me. No one seems to know for sure what it is... but most people are presuming that the Safemoon Team is going to be working on setting up some kind of telecommunications company in The Gambia. I'm reading that Papa had announced on a Discord channel that the team wanted satellites in that area. I'm reading something about how those satellites will be necessary in lieu of internet services in order to set up more cell phone reliability since cell phones act as our crypto wallets. Something about making phone calls over blockchain. I'll work on trying to dig up more info on it but I'm sure it will come out in time.
Here's a YouTube video on it from Safemoon Joe.
There is apparently one more subcompany registered somewhere... I paid the Utah fees on both John and Curtis but either I didn't find it or I disregarded it as being more of a coincidence than an actual relation. For example, John has a "Ronin" company which I posted below. Their lawyer also has registrations for Ronin real estate and Ronin energy. So they COULD be related but... I felt like I was stretching.
Also found these on OpenCorporates
I did find a Safemoon Media Twitter account but I'm not sure if THIS Safemoon Media Twitter account (@IncSafemoon) is part of Safemoon or just another account that had "Safemoon" added to the name so they could be "associated" with the team. They tend to post things from their personal accounts or from the main Safemoon account so... I'm guessing the latter.
I did find a few more Safemoon registrations out of the UK. I think I've already posted them in the past though. I can do it again if need be but I honestly don't think anyone cares.
I did find a couple more companies that were created VERY recently with the name "Safemoon" in the title but I'm not sure if they are legitimate or not. I don't recognize the names of the people involved and they were not immediately referenced in anything legitimate that I could find.
Hopefully iOS is almost done. I think they're playing it smart in this particular case by not releasing launch info. 1) I don't think they really know and 2) Much better to just drop it, then announce it instead of building up hype. It doesn't need the build up. It's already there.
Very well said, sir.
Just one more reason why I don't like Apple products. If you had a Droid, you'd have the wallet already. XD
Thank you Cordova. That's good to hear and very reassuring.
I meant every word. The both of you are going to be critical in spreading DD and stomping out fear, uncertainty and doubt, once $PHIL gets cross listed over there. Not many of us in here speak German fluently. I know you guys are already doing it but every time I see it, it makes me proud. I sincerely appreciate the both of you.
My guess is through the notes that DJK found on the amended 10Qs.
Sounds like you've got a pretty good handle on the concept!
There are a number of factors that will increase the price of the token and the overall revenue being generated.
The most immediately notable is the wallet. The exchange will have an even bigger effect. Then you have all the other plans to increase the burn and value of the token.
- There is a 0.25% transaction fee each time a SWAP takes place. This is not just on Safemoon tokens, but on any other token that Safemoon lists.
- Out of that 0.25%... 0.17% goes back into the liquidity pool, 0.05% is used to maintain the Safemoon ecosystem, and 0.03% goes into a buy back and burn. Meaning, 0.03% of every transaction fee goes into purchasing Safemoon tokens. Those tokens are then sent to a burn wallet. This will dramatically increase the burn rate.
- In other words, every time there is a purchase on Safemoon, regardless of token, that purchase will also be a purchase of Safemoon which will then get burned.
Operation Pheonix is an overarching plan incorporating many of these elements as well as expanding the token user base. This will also increase demand.
As video games using crypto currency come online, supply will continue to dwindle while demand increases.
They are working on other avenues to ensure that enough tokens are burned within a more reasonable amount of time to create value for the token holders... including their hard fork and potentially a token consolidation.
There are so many more projects that are being worked on. It's freaking insane. I've spent way more money on it this month than I wanted to. Probably eclipsed all the other previous months of spending. Oops.
No sir. Not yet. Apple store takes longer to audit and approve apps. I'm not sure if the Apple Wallet has even been submitted to them yet. I know they want to use the wallet to hold NFT also... and Apple is very anti-NFT. So that might be playing into it as well.
No official relaunch date for the Apple Wallet. Might just be a surprise!
Yessir!
Update - Figured out how to buy with ETH in the Safemoon wallet. Just took a long time to transfer. Price seems a little steep though. It was like... .138 ETH to swap from ETH to pSFM. So not really worth doing unless youre buying a good sized amount.
All good man. Every second down is another second closer.
Nah. You are. You've been on fire the last few nights, lol.
If anyone wants the OTCQB clock. It's been updated.
https://countingdownto.com/?c=3747494