Details

What is SMI

Tokens

1. What is SMI?

SMI (SmartMesh) is a type of token based on blockchain technology, aimed at providing decentralized network connectivity and data transmission services for Internet of Things (IoT) devices. Below is a brief introduction to SMI:

  1. Technical Foundation: SMI utilizes blockchain technology and mesh networks (a peer-to-peer network structure) to enable direct communication and data transmission between devices.
  2. Application Scenarios: SMI is primarily used for connecting IoT devices and data transmission, especially in areas lacking traditional network coverage.
  3. Decentralization: The SMI network is decentralized, meaning there is no single control center, making data transmission more secure and reliable.
  4. Community Participation: The SMI community is highly involved, where users can earn rewards by participating in the maintenance and development of the network.

It is important to note that SMI has been listed as one of the projects suspected of illegal pyramid schemes, so caution is advised when investing in or using SMI.

2. Who Founded SMI?

Based on the provided information, it is not possible to determine the founder of Tokens SMI (SafeMoon Inu). The relevant information mainly comes from websites detailing token prices and company profiles, but does not mention the founder of SMI. However, it should be noted that SMI may also refer to other concepts, such as SMI in pyramid-style cryptocurrencies, which is unrelated to SafeMoon Inu. Therefore, precise founder information cannot be provided.

3. Which Investors Backed SMI?

Based on the provided search results, specific investment information about Tokens “SMI” could not be directly found. However, here are a few investments related to the tokens and NFT domain:

  1. Axie Infinity: Its parent company, Sky Mavis, completed a $7.5 million funding round in May 2021, with investors including Libertus Capital, Blocktower Capital, Konvoy Ventures, Derek Schloss and Stephen McKeon from Collab Currency, as well as Dallas Mavericks owner Mark Cuban.

  2. OpenSea: Completed a $23 million Series A funding round led by a16z in March 2021, followed by a $100 million Series B funding round led by a16z in July, resulting in a post-investment valuation of $1.5 billion.

  3. Ethereum: Y Combinator's CEO, Xiao Feng, mentioned that before the Ethereum mainnet went live in 2015, the Wanxiang Group donated $500,000 to the Ethereum Foundation as support for the Ethereum project.

This information is not directly related to “SMI” and may be because “SMI” is not a widely recognized token or NFT project.

4. How Does SMI Work?

How SMI Tokens (SafeMoon Inu) Work:

  1. Decentralization and Blockchain Technology: SMI is a decentralized digital currency, operating based on blockchain technology. It uses a distributed public ledger to record all transactions.

  2. Supply Limitation: The supply of SMI is limited, and each transaction affects its value. Whenever someone buys or sells SMI, 10% of the transaction amount is distributed to all holders.

  3. Liquidity Farming; Mining: SMI employs a liquidity farming and mining mechanism, where holders can earn corresponding rewards by injecting their tokens into specific liquidity pools. This encourages users to participate and support the growth of the SMI ecosystem.

  4. Community Participation: SMI community members are very active and engage in discussions and promotions of the token. Collaboration and interaction among community members help to increase the awareness and acceptance of SMI.

  5. Trading and Storage: SMI can be bought and sold on token exchanges such as Bitget and Binance. Holders need to use cryptocurrency wallets to securely store SMI.

In summary, SMI provides a new type of token experience through its unique features and mechanisms. However, investors should be aware of the risks in the token market and conduct proper research and careful evaluation before participating.

Share to