In 2021, it was estimated that there were over 300 million crypto users worldwide. This number has continued to rise into 2022. Crypto has evolved steadily since its inception, and consumers are looking for more ways to invest and optimize their digital tokens. In addition to this, relatively new concepts, like NFTs and ‘Play-to-Earn’ games, are taking the market by storm. It seems that consumers are accepting of the risks that the crypto space carries, and are willing to participate in the latest crypto trends.
SafeBLAST, which was launched on the Binance Smart Chain (BNB Chain), is now also available on the Ethereum Blockchain. SafeBLAST can now be traded on multiple decentralized exchanges like PancakeSwap (BEP20) and UniSwap (ERC20) along with ten other centralized cryptocurrency exchanges. The SafeBLAST project is an already established utility token with extensive project development.
SafeBLAST is a utility and deflationary token. According to the project, “you can use BLAST for online, vending machine and retail store purchases. As a deflationary token, SafeBLAST is an Autonomous yield and Liquidity generation protocol. Every time someone buys or sells BLAST tokens on the Chains, the total supply goes down.” In addition to this, “every transaction creates a passive effortless reward for all token holders on the Chain. Liquidity is also generated automatically to support the floor price. As the circulating supply becomes limited, supply and demand will play a big role in the floor price increase, which is a win-win for BLAST holders.”
It is important to note that SafeBlast is a multi-chain token, and as a result, is available in BEP20 and ERC20 tokens.
SafeBLAST started the 2022 year by adding additional items to the community’s existing roadmap. One of these items includes adding a bridge to the Ethereum Blockchain without creating any additional tokens. This bridge, which was made possible through the MultiChain platform, has been completed successfully, and now provides users the opportunity to move their SafeBLAST (BLAST) tokens from one blockchain to another.
In addition to making the project a multi-chain project, the company has also partnered with one of the top staking platforms in the crypto space, Mycointainer. MyCointainer is a platform, which also operates its own cryptocurrency exchange. The listing of SafeBLAST (BLAST) on Mycointainer platform, will give users the ability to, not only stake their tokens on the platform, users can also buy tokens with Visa, Mastercard and Bitcoin.
SafeBLAST has over 100k Holders with a low market cap. It can also be used on the project’s upcoming Play-To-Earn gaming platform. This token is the first deflationary token to be accepted as tuition payment at GK College of Business, Arts and Technology. This slow and steady growth of the project’s community, can also be credited to its highly rated secured smart contract, which was renounced soon after a successful audit. A renounced smart contract means no additional changes can be made and the smart contract cannot be manipulated by anyone.
As a deflationary token, SafeBLAST is an Autonomous yield and Liquidity generation protocol. Every time someone buys or sells BLAST tokens on PancakeSwap, which is on the BNB Chain, the total supply goes down. Every transaction creates a passive effortless reward for all token holders on the chain. Liquidity is also generated automatically to support the floor price. As the circulating supply becomes limited, supply and demand will play a big role in the floor price.
The company’s token is geared towards mass adoption of cryptocurrency. It can be used by crypto newcomers, intermediates and experts alike.
As the crypto space continues to grow and evolve, with a consistent consumer base, it is interesting to reflect on the current and upcoming trends in the market. NFTs, new tokens, and play-to-earn games are all relatively new developments in the space, and offer some potential for investment for consumers. SafeBLAST has a dedicated consumer base that is invested in the project’s passive rewards and earnings. The project has continued to develop and change, and as a result, is optimizing the experience for consumers. The crypto space is known for its risky potential, but it would appear, through the acceptance and following of crypto projects, that consumers are willing to overlook this for the rewards of the space.