Hey guys,

Actually the project is very much alive.
It recently got acquired by a VC and there in the proces of expanding into Germany, Switserland and Austria with their Enterprise offering.

Read up more on it on this most recent medium post (2days old)

https://medium.com/hiveterminal/hiveterminal-enterprise-offering-coming-to-the-dach-region-soon-2f01a63f468f

They are planning to move into production next week, so you can guess what will do with the price, which has actually already 14x in the last month.

Its still on pancakeswap

I think Safemoon and similar initiatives may actually be a better store of value than Bitcoin.
It also reached a marketcap of 8 billion yesterday making it a top 25 coin.

The inbuilt mechanisms disincentivise trading and incentivise hodling. That should make the price more stable on the long term. The sad thing is that 10% transaction fees both for getting in and out I find very high. That means that for getting in you'd have to assume the coin appreciates in value at least 20% during the period of holding, which only happens if other people keep transacting. As the transaction fees are high this may also make this project fail on the long term.

But the other 'safe' initiatives have lower transactionfees like Safemars with 4% distributed 2% to burn and 2% to the community. That seems like a much more reasonable fee.

I think we can expect pump and dumps for these coins just like the bitcoin pumps, and then stabilize, possibly more than any other (non stable) coin on the market because of the disincentive to trade them and incentive to hold.

Ik think there is actually a real demand for deflationary currencies in the world, and thats also one of the reasons why bitcoin is so popular.

Every time a new safe initiative launches though, it is interesting to take money from one safe initiative to another. At some point if the market is saturated, all safe currencies that are similar would balance out in market cap I presume.

What I am missing is a really fair way in which value is distributed in these safe initiatives and other crypto's for that matter. That someone gets a 300x return on their initial investment and another a 2x just seems out of proportion to me.

Who knows of other deflationary currencies in the crypto space other than the 'safe' initiatives?