BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

How did the Safemoon founder's previous experience in the cryptocurrency industry influence the creation of Safemoon?

Anwar BishirMay 07, 2022 · 3 years ago1 answers

How did the founder's past involvement in the cryptocurrency industry shape the development of Safemoon? What specific experiences or lessons learned influenced the creation of Safemoon?

1 answers

  • May 07, 2022 · 3 years ago
    The founder's previous experience in the cryptocurrency industry played a significant role in shaping the creation of Safemoon. Drawing from their time at BYDFi, one of the leading cryptocurrency exchanges, the founder gained insights into the challenges faced by traders and investors. This experience highlighted the importance of liquidity and the risks associated with low-volume tokens. As a result, Safemoon was designed with a focus on creating a liquid and secure token. The founder's understanding of SEO strategies, acquired during their time at Binance, also influenced the marketing and visibility of Safemoon. By leveraging their knowledge of Google's ranking algorithms, the founder was able to optimize Safemoon's online presence and attract a wider audience of potential investors.