The truth about Safemoon | 10,000% return or SCAM?! | Crypto Exposed
Автор: Bryant Keeney
Загружено: 2021-04-26
Просмотров: 1475
Описание:
This video is about the truth about new crypto project Safemoon. 10,000% return or SCAM?! The truth behind safemoon is that it is a crypto tocken that is based on 2 things. Tokenomics and The Greater Fool Theory.
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Safemoon
Safemoon is .000006 currently
Invest with intellect NOT emotion
Why is safe moon exploding?
No one knows why
There are many crypto project similar
1 theory - name is cool
10s of thousands of $
Started March 8
+1 million wallets
$4 BILLION VALUE
What is its goal? What is it trying to solve
Tokenomics
Token + economics
Fancy for incentive for holding the coin
Unique way to discourage people form spending
Anytime you sell your safe moon coins you get hit with a 10% network fee
50% goes to network fee
It will get distributed to everyone who is holding in proportion.
The other half will get split again
25% towards finance - bnb
25% to liquidity pool - what allows people to buy and sell tokens quickly and smoothly
If you sell you give EVERYONE else
What is the product trying to solve?
Idk bruh - rewarding tokens more fairly
Earlier you get in the more tokens you get in - you get more CASH for holding more
They say they will be used concerning video games, charity and solve liquidity problems
But how true is that?
Deflationary currency
Disincentives for any real world use, only would use if the product is really cool/ sought after
Incrouaging to hold and get friends to hold with you
Less utility - similar to bitcoin
Greater fool theory -
Bitcoin is too slow, to expensive but why are people using it?
It democratizes money - taking power away from governments and giving it to the people
Other crypto projects are not doing the same
How do crypto projects stand out?
Marketing of course
Pairing with finance will get a ton of marketing
If you get pay to get on there your coin will get listed and pushed. Making 100000000x returns
Doesn’t take a lot of money to get crazy returns if so small
When the project gets listed it gets hyped and publicized therefore having more money flood in.
You can make A LOT of money really quickly
Majority of the money is made with the developers who are always ahead of the trader
Tokenomics sells a promise- a promise of making more money than you put in
But it has 1 QUADRILLION - 1 WITH 15 0s
Why did they make it that big?
\power of marketing
Incentives people to spend
Makes people feel like early adopters
$100 makes them buy millions of tokens
Based on marketing incentives?
Well how do you get out?
Price is not the value of the underlying security
This is why people stock split
To have the phycological tricks to buy more
Their success has provoked many more Safemars, Safenebula, SafeBTC
If you invest you are buying into tokenomics, not solving real world problems
However I want this to succeed. This is where the future may lie.
There are a lot of inspired people, who are passonate. Just be careful of people in power in places like this. Stay safe
#safemoon #crypto #investingincrypto
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