John Karony is the CEO of SafeMoon, provider of the SafeMoon cryptocurrency token and protocol. SafeMoon was started in March of 2021 and quickly grew to become a leader in the cryptocurrency industry with a current market capitalization of nearly $1 billion. On this episode of The Grit Daily Podcast, John and Karim discussed how this happened in less than 2 years! Through a community and user-focused development cycle, SafeMoon can create new fintech products and ecosystem advances faster and more efficiently than most other companies managed and funded through traditional forms of investment.
SafeMoon is a cryptocurrency token created in March 2021 on the Binance Smart Chain blockchain. The token charges a 10% fee on transactions, with 5% redistributed to token holders and 5% directed to wallets in a different currency, Binance Coin, controlled by the coin’s authors.