SafeMoon (SFMUSD)

[MasterFeldan]

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.