SafeMoon Inu

Purpose and Utility

SafeMoon Inu (SMI) was launched in 2021 as a meme token on the Ethereum blockchain. The project claims to be developing a play-to-earn gaming platform called SMI Play, where the token would serve as the in-game currency.

Business Model Analysis

The token operates primarily as a gaming and community token. The project collects a transaction tax that is meant to fund development and reward holders. The gaming platform, if developed as intended, would provide legitimate utility through game-based token usage.

Real-World Adoption

Current adoption appears limited primarily to trading on decentralized exchanges. While the gaming platform was announced, there is limited evidence of substantial development progress or active usage.

Development Activity

The project's development activity appears minimal based on public GitHub repositories and official announcements. The gaming platform development status is unclear.

Token Distribution and Founder Analysis

The token has a total supply of 1 quadrillion tokens. Initial liquidity was locked, though detailed information about current token distribution and team holdings is limited. The founders maintain some anonymity, which is common in the space but makes background verification challenging.