SafeBlast is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of SafeBlast are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
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A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review SafeBlast token by explaining what the coin is about, tokenomics, Roadmaps, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.
What is SafeBlast?
SafeBLAST (BLAST) is both a UTILITY and a DEFLATIONARY token available on multiple blockchains. As a utility token, you can use BLAST for direct payment on goods and services where accepted worldwide. As a deflationary token, SafeBLAST is an Autonomous yield and Liquidity generation protocol. Every time someone transfers, buys or sells BLAST tokens on PancakeSwap, the total supply goes down.
Every transaction also creates a passive effortless reward distribution for all token HODLers on the BNB Blockchain, which is where PancakeSwap transactions takes place. There is NO buy or sell tax on Centralized exchanges or Uniswap, which is why there is NO reward distribution either. Distribution is only to the wallets on Binance Chain (BNB Chain).
Liquidity is also generated and locked automatically to support the ecosystem on PancakeSwap. As the circulating supply becomes limited, supply and demand will play a big role in the value growth, which is a win-win for BLAST holders.
There are 175,553.10B BLAST in supply worldwide.
Pros and Cons of SafeBlast
Pros of SafeBlast
- There is a surge in the market price currently
- Project whitepaper available
- There is a community
- Contract on Ethereum
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – SafeBlast
Cons of SafeBlast
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is SafeBlast Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, SafeBlast have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is SafeBlast Safe?
Being willing to invest in any token is a question entirely up to you to answer. SafeBlast token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about SafeBlast on the comment section below. Don’t forget to rate and leave SafeBlast a review.