Exciting times you can tell the Safe Network team are on a roll now things are heating up. After the Safe Network gets up and going and the world starts to see fee free near instant Safecoin transaction abilities there will be some who will almost immediately want to issue their own token with similar properties.
This thread discusses the likelihood of forking and a few seem to downplay the risk based on how hard it will be for a small forked network to compete on merits with the established incumbent Safe Network. I agree they are probably right when judging just on quality of resulting network. However given what we know of the history of Bitcoin and Ethereum (before ERC-20), forking just to get a branded coin will happen pretty quickly anyway and forked projects historically do not seem to care about how decentralised or big they were Vs the project they forked from (i.e. the “shitcoins”). They can be effectively ignored but perhaps there is a better way…
If the Safe Network supports something similar to Ethereum’s ERC-20 and ERC-721 technical standards early on then it will avoid the incentive for others to create so many forks.
The absolute worst case would be a fork of the Safe Network that then adds it’s own ERC-20/721 technical standard before the Safe Network can get around to it and so captures the network effects for all those that want to issue their own tokens with similar properties to Safecoin. It would also then be the network where any decentralised/exchanges migrate to. That could not be so easily ignored.