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SafeMoon’s CEO Now Wants to Tackle Wind Turbine Nanotechnology and a Web3 Telecommunications Network – Wait, What?

SafeMoon'southward CEO Now Wants to Tackle Wind Turbine Nanotechnology and a Web3 Telecommunications Network – Wait, What?

SafeMoon (SFM), a money that operates as a BEP-twenty token on the Binance Smart Chain (BSC), remains in focus amid the ongoing transition toward the coin's second iteration, dubbed SafeMoon V2.

Equally we detailed in our previous post, SafeMoon is a coin designed for HODL-ers – a term that means Hold On for Dear Life and which refers to the propensity of a community of investors to stick to their original investment thesis even among adversity. As an illustration, the project discourages brusque-term speculation by charging a 10 percent fee on all token sales. From the resulting cash puddle, effectually one-half is reverted to the long-term holders of the coin in a move known every bit reflection, while the residual half is sent to liquidity pools such as PancakeSwap, where the SafeMoon coin is converted to Binance coin (BNB) in order to eternalize the liquidity of the SFM/BNB pair. Given this unconventional structure, some critics have dubbed SafeMoon a glorified Ponzi scheme – a charge that is vehemently contested by the token'south managing team.

SafeMoon V2, an entirely new iteration of the coin, went live on Lord's day. The upgrade brings a number of changes, including an updated contract that volition entail a 1000:1 consolidation, thereby reducing the supply in apportionment past a factor of 1000 without affecting the overall user balances. At the time of writing, there are 115,769 unique wallet addresses that already agree SafeMoon V2, with this number expected to increment equally the full general user migration continues.

This brings united states of america to the crux of the thing. SafeMoon's CEO John Karony, who goes by the Twitter handle @CptHodl, held a Q&A session with the SafeMoon customs every bit role of the 'SafeMoon Lord's day' event on the 12th of Dec. While most of the discussion centered around V2 migration, a snippet of the conversation did take hold of our attention:

As is evident, SafeMoon'south CEO used a couple of buzzwords to item a number of projects under the catenary of the "Area 32" initiative. Apparently, Karony'southward dedicated squad is working on using nanoparticles to streamline the menstruation of current of air over turbine blades, ensuring minimal friction and reducing the attendant erosion in the procedure. Some users compared this initiative to a "giant lube" for wind turbines, pardon the rough pun. Yet, an fifty-fifty stranger initiative deals with the creation of a Web3-based telecommunication network. As a refresher, Web3 refers to blockchain-based internet applications. We do not know what Karony ways when he talks near a Web3-based network. Is he trying to host user-generated messages on a blockchain? Predictably, SafeMoon'south CEO refused to divulge whatsoever pertinent details regarding these supposedly world-changing innovations.

We will withhold judgment on Area 32 initiatives until we are afforded a bit more clarity. Should SafeMoon's CEO succeed in revolutionizing air current turbines, more ability to him. Still, we would urge our readers to exercise caution whenever someone throws around buzzwords without providing a solid scientific bankroll. In the meantime, you tin can be certain that we will proceed to follow this story with a laser focus.

Source: https://wccftech.com/as-the-transition-toward-safemoon-v2-continues-the-platforms-ceo-now-wants-to-tackle-wind-turbine-nanotechnology-and-a-web3-telecommunications-network-wait-what/

Posted by: richardsonnabowle2002.blogspot.com

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