![]() "So, you have the wind turbine in real life, turning and burning, doing its thing, and then in the game you have a resource generator that you've installed on your little plot of land, and it's generating resources based on the energy produced in the real world," Karony said. In a video posted in January, Karony described integrating them with a planned metaverse game. What, exactly, the plan is for these wind turbines and how they will make money for the company and users is somewhat unclear. In practice, it looks like Semtive's wind turbine covered in tiny black dots. In the Operation Pheonix reveal video, Karony reads from a teleprompter to describe SafeMoon as working on "surface manipulation of the foils on smaller turbines through the use of hydrophilic and hydrophobic particles." Karony claims this will make wind turbines more efficient. ![]() The spokesperson said that Semtive allows customers to add their brand to the turbines, as long as they also include the Semtive brand. But the turbines are actually made by a clean energy startup called Semtive, as Coffeezilla pointed out in his SafeMoon video.Ī Semtive spokesperson told Motherboard that SafeMoon has purchased several wind turbines. SafeMoon showcased the wind turbines in the Operation Pheonix reveal video. Here is how he describes it: "It is the application and integration of innovative technologies to increase greater efficiency through the proper and correct use of decentralization into macro IOT infrastructure.” Operation Pheonix isn't a "single project," Karony says in a reveal video from last year. It's supposed to bring wind turbines to single households, including in Africa, as part of “a combination of multiple innovations combined into a single SafeMoon ecosystem.” And again, our plan is to bring the future to now,” SafeMoon’s Karony told Motherboard in November.Īs the token's value continued to crash, Karony unveiled a nebulous project called Operation Pheonix-a misspelling of "phoenix" that Karony pronounces as " phay-nix"-that SafeMoon investors are currently hoping will turn the project around. We have a real mission behind us for a tech company. “While memecoins might have a different purpose, SafeMoon isn't a memecoin. Amid the seemingly unstoppable decline, the company became very keen on marketing itself as much more than just a crypto token. SafeMoon's price reached an all-time high of $0.003145 in early January, according to CoinMarketCap, and has been crashing ever since. “I told y’all safe moon was goin up lol,” tweeted Lil Yachty, who has more than five million followers.īut Safemoon hasn't reached the moon, despite having high-profile boosters. “CHECK YOUR #SAFEMOON RIGHT NOW! The price is going through the damn roof! bro we’re rich!” KEEMSTAR tweeted to his more than two million followers in April of last year. What can better explain SafeMoon’s rise is how many influencers bought in and openly endorsed the project, encouraging others to join in. Other cryptocurrencies in DeFi adopt similar schemes, and SafeMoon's could even be said to be on the simpler side. So far, this wouldn’t make SafeMoon particularly special. ![]() As its name implies, it was supposed to be a "safe" way to reach the moon-crypto-speak for when a token's value skyrockets. This system is designed, in theory, to reduce the supply of the token and drive up its price, encouraging investors to hold SafeMoon instead of speculating and day trading it. SafeMoon’s story began last year, when the cryptocurrency launched and almost immediately gathered a lot of attention thanks to its unusual scheme: every time someone sells the SafeMoon token, 5 percent of the proceedings go back to current holders, and another 5 percent is destroyed. SafeMoon, as well as its CEO and other employees, did not respond to multiple requests for comment for this article, but Motherboard spoke to SafeMoon's CEO John Karony for an episode of CRYPTOLAND in November. “I'm really looking forward to watching how the litigation goes, because it could be a strong signal to influencers who have been engaging in pump-and-dump schemes without any apparent fear of repercussions," White said in an online chat. Before investing in cryptocurrency, I recommend talking to your financial advisor and do your own research.Molly White, a well-known crypto critic who runs the popular Twitter account and website called “ web3 is going just great,” agreed. This is just the opinion of an amateur, not a financial advisor. This video does not encourage you to buy any of the cryptocurrencies / or investing at all. – □ (Binance) Save up to 10% commission on every Crypto Trade □ – *□Join my Telegram channel with daily fresh altcoins news!□* If you are a safemooner, then you should also seriously take a look at dangermoon: ![]()
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