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The biggest development at the Safemoon right now is the widely hyped Safemoon Card. Well, this may sound good when read, but what will the Safemoon Card do? According to the information released by the team, it will be more like the normal VISA card, only that it will be transacting cryptocurrencies.
The Safemoon Card can be used for making purchases, and the transaction fee is just 2.5%. It will also be available virtually, among many other features. These features appear nice, but according to the Bitgert (BRISE) founder, this is an automated technology that will have no impact on the crypto industry.
According to the Bitgert founder, the use of cards is outdated, and the market has moved on to cardless payments, now being facilitated by blockchain technology. Therefore, Safemoon Card is not a product that should be given much attention because its impact on the industry is absolutely zero.
Bitgert, which is almost five months younger than Safemoon, provides a robust payment system that is cardless. Using a range of products like the Paybrise, Bitgert will enable BRISE holders to purchase merchandise without the use of the cards.
It is also important to note that Safemoon has been plummeting over the past few months and has been slow in delivering products, unlike Bitgert. Read more below about these two cryptocurrencies:
According to the Bitgert founder, the Bitgert (BRISE) project has some of the best solutions for transacting cryptocurrencies and in real life. The Bitgert team is about to start developing the Paybrise products that enable merchants to accept $BRISE payments with ease. The Brise wallet is also offering better solutions for handling crypto transactions.
But probably the most exciting thing is that Bitgert has its own blockchain, unlike Safemoon, which is the fastest chain and its gas fee is the lowest in the industry. Therefore, the Bitgert blockchain project is offering the best and most updated solution and not outdated cards.
Safemoon, like Bitgert, is a DeFi project that has investors complaining about the slow development of this project. The Safemoon Card is just a small and irrelevant development that does not address the problems facing this project. There are very few consequential products that have been released, apart from the wallet and the Safemoon V2.
Even the launch of the Safemoon V2 did not produce the widely anticipated growth as the SFM coin has been plummeting. Therefore, Safemoon Card is just a new hype that will not achieve any significant growth for the SFM coin. The Safemoon team needs to work on the exchange and its blockchain to compete with Bitgert and other projects of 2021.
