I take it that you have heard about (and probably invested in) Safemoon. It is a nice project that has some fundamentals backing it.
However, some potential issues have been noticed by experienced cryptocurrency analysts. They believe that the predominance of these issues wouldn’t be so good to the projections of the Safemoon project.
Issues, such as high tax rate and the high gas fees of ERC-20 tokens are some of the viewpoints.
To that end, allow me to introduce you to a new cryptocurrency project called Safemoon Cash. This is a project that wants to improve the way we go about transacting on cryptocurrencies.
IS THE MOON REALLY SAFE?
All cryptocurrencies head to the moon. However, it remains to be seen what they will make out of their moon journey.
So, is it safe to say that Safemoon Cash will also head to the moon? How far away is it from the moon? And when is it likely to hit the moon?
These and many other important aspects of this project are discussed below.
SAFEMOON IS NOT REALLY SAFE
It is pertinent to mention that Safemoon Cash and Safemoon are two different projects. The former is the improved version of the latter.
The Safemoon Cash team wants to create a viable system for cryptocurrency investors to leverage and enjoy sustainable cryptocurrency investments.
The Safemoon Cash is committed to improving on some of the grey areas of the Safemoon. Areas, such as high tax rate and lack of liquidity are some of the critical and focus points of the Safemoon Cash project.
MODE OF IMPLEMENTATION
It wouldn’t be a walk in the park. Trials and perseverance are two of the important factors that will propel the success of the Safemoon Cash project.
So, here are some of the working models that would be utilized to make this project a success:
DIFFERENT TOKEN STANDARD
It is not enough to claim that Safemoon Cash will reduce the gad fee. Rather, it requires specific actions that point to that effect.
In light of this, the Safemoon Cash team has set up a system that allows the distribution of the crypto token based on a new token standard.
Safemoon Cash uses the BEP-20 token standard, which in my assessment, is one of the most affordable networks for sending and receiving crypto assets.
To that end, you can now enjoy trading and investing in both Safemoon Cash and other crypto assets without accruing high tax fees.
INSPIRED BY BITCOIN CASH
Bitcoin Cash is a variant to Bitcoin, the leading cryptocurrency. Likewise, Safemoon Cash wants to be a variant to Safemoon.
Before any other thing, the project is taking a cue from the stunt pulled by Bitcoin Cash. At this time, Bitcoin Cash has been able to attain an All Time High (ATH) of 0.25 Bitcoin.
Safemoon Cash wants to do something similar by putting measures in place to hit at least 25% of Safemoon’s market capitalization.
FINAL WORDS
Does Safemoon Cash have any real-world use case, or is it just chasing shadows by itching to be a better variant of Safemoon?
Indeed, Safemoon Cash has a couple of ideas on bringing its solutions to real-world or physical applications. One of such is the Safemoon Cash debit card that can be used to pay for goods and services.
For more insights, follow the links below:
Website: https://safemooncash.org/
White paper : https://drive.google.com/file/d/1YZyTJteAVpaHna13UU2sZBJkIBB4 K 702/view
Twitter : https://twitter.com/safemooncash
Telegram : https://t.me/safemooncash
Discord: https://discord.com/invite/fDp6pQ4Hbd
Reddit : https://www.reddit.com/r/SAFEMOONCASHCommunity/
Youtube : https://www.youtube.com/channel/UC15-d8hPAs30OxAUX9VRdng
Tiktok: https://www.tiktok.com/@safemooncash
Instagram : https://www.instagram.com/safemooncash
AUTHOR
Bitcointalk Username- Dividesug
Bitcointalk Profile- https://bitcointalk.org/index.php?action=profile;u=2767685;sa=summary
Bsc Chain Wallet- 0x96C9cFfEa9328D6aC96160B515D293915A0b88f7