SafeMoon’s Latest AMA Was A Trainwreck. Reputation Permanently Damaged?
ethereum

SafeMoon’s Latest AMA Was A Trainwreck. Reputation Permanently Damaged?

THELOGICALINDIAN - There was no adjudicator SafeMoon acclimated Twitch as a belvedere for the accident There were added bodies on the console but they werent appropriately alien The companys CEO John Karony played adept of commemoration The companys CTO Thomas Smith played the shows capital assumption They both played themselves

What Happened At SafeMoon’s AMA?

SafeMoon promised agitative announcements and new developments. It provided neither. The transmission’s appellation was “Miami Crypto Experience 2024 Edition,” but who-was-where wasn’t appropriately explained. At atomic Thomas Smith seemed to be in a appointment environment. “DeFi was athirst for honesty,” he said.

You can bolt the rerun of this alive accident hereIf you’re not accustomed with SafeMoon and their absurd month, read this commodity first.  If you already apperceive about them, let’s cut to the hunt and acknowledgment this question.

They started with amazing facts: the website is accepting a actor visitors a day, and two actor yesterday. They are hosting a hackathon in the Miami event. The cold is to actualize a multi-chain or cross-chain NFT wallet. Over 100 teams are competing. Nevertheless, SafeMoon couldn’t advertise the prizes aloof yet. This abridgement of accuracy was the leitmotif of the night.

Then, instead of answering questions, Thomas started introducing the bodies about him. A being who’s activity to be their NFT adviser was there. He talked about a customized Porshe. He discussed an NFT for the song “Hate it or Love it,” which Cool & Dre produced for The Game and 50 Cent. An artisan showed his NFT scratchers. Scratch abroad and you get a cipher with which you can accost a chargeless NFT. 

Related Reading | Controversial Rapper Punishes Elon Musk For Pumping DogeCoin In NFT Art

The CEO of the Mandala Exchange was there. Apparently, they’re activity to account SafeMoon’s token.  According to John. there were fifty thousand bodies watching at this point. In the chatroom, anybody was accusatory about their abridgement of professionalism and allurement if Binance was activity to account the token. 

They already afresh claimed that the Binance Smart Chain fell out of synch because of the action SafeMoon brought to the ecosystem. “We’re growing so fast that we accept these effects,” said Thomas.

SafeMoon amount chart, by Coinmarketcap

The bodies capital answers, and Jhon started talking about approaching exchanges that are activity to account the coin. Besides the already mentioned Mandala, the MCX barter appear their listing, and BScex will do the aforementioned soon. Jhon said that Asian markets are actual important for SafeMoon and to apprehend announcements about Chinese exchanges soon.

Related Reading | By The Numbers: The Binance Smart Chain Is Growing Exponentially

The chatroom capital to allocution about the fear, uncertainty, and agnosticism they were feeling. The console aloof beam it off and said the arrangement was alive able-bodied now. They abhorrent the FUD on the furnishings that the breaking of the Binance Smart Chain had, which ability not be an authentic estimation of the situation. 

People capital to allocution about SafeMoon’s fundamentals. The panelists didn’t assume to. A few questions lingered in the air. Where these bodies alienated austere topics? Was all of the amateurish anarchy a ambush to absorb the accomplished time in trivialities and don’t abode the absolute issues? If it was, it worked. Clumsily, John bankrupt the affair while the babble allowance was on fire.

The AMA’s Aftermath

Later that day, the aggregation apologized via this tweet:

And alike later, the CEO stepped in advanced of the cameras already afresh to apologize. Only to, already again, allocution about exchanges that are activity to account their badge and little else.

Even with all this, is their acceptability assuredly damaged? Probably not. But SafeMoon’s amount keeps falling.