Safestonks Update #1

Hello everyone! It has been a while since the last update from the Safestonks team and we feel like now would be the perfect time to give you guys a little update on what has been going on.

Starting off with the minor things, we got our listing on Coinmarketcap just like we had planned, however the price is not tracked there yet. This is something we are trying to get fixed. Coingecko hasn’t listed us yet, but we are tying to get it fixed. On top of that we have sent out applications to various other crypto price websites. It’s a minor thing for the project as a whole, but it gives us some good exposure which is welcome. Speaking of which, we are already on over 200 watchlists on CMC even though we don’t have price data showing!

Promotion is something that’s important for every business, especially in the crypto space. That’s why launching our own merch has always been on our to-do list. We are happy to be able to say that we will be announcing our very own Safestonks merchandise really soon! Having our own merch will help in spreading the word out about Safestonks. You will be able to purchase it only with Safestonks tokens, driving up the demand for them. 50% of the tokens sent to pay for the merch will be burned forever reducing the circulating supply of Safestonks. The other half will be used to cover the costs of the merch. Safestonks team will not be making any profit on the merch as we want to make it accessible for as many people as possible to grow the community.

We have always felt like NFTs would be a perfect match for our project due to the countless Stonks memes there are. Because of that we have been working on making that idea come to life. We have nothing ready yet, but it is something that is being worked on and hopefully coming.

Last but not least, being able to buy a token from a place you trust and find easy to use is one of the most important things to an investor. That is why we have been in talks with various centralized exchanges about a possible listing of Safestonks. We will keep you updated on how the talks go.

This is the end of our first update on the state of Safestonks!

Autonomous yield and liquidity generation protocol on the Binance Smart Chain