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# SMCTIMES Weekly Snapshot: Record-Breaking Week Delivers Multiple Milestones
This week proved transformative for the SMCDAO ecosystem, with Wiki Cat crossing significant holder thresholds, Peniwallet shattering daily records, and community funds reaching unprecedented levels. The period also saw infrastructure preparations and a high-profile exchange dispute that has captured community attention.
## Wiki Cat Surges Past 70,000 Holders
Wiki Cat achieved a major milestone this week, surpassing 70,000 holders while currently holding strong at $14 million market capitalization. The rapid growth from 68,000 to 70,000 holders in just days demonstrates continued organic adoption. To put this achievement in perspective, the holder base now exceeds the capacity of most major sports stadiums, representing a community larger than the entire population of Greenland.
The project’s leadership attributes these achievements to divine blessing combined with dedicated community building. “All achievements can only be God,” the founder noted, emphasizing the faith-based foundation underlying the project’s approach to development and growth.
## Community Funds Reach $270,000 Across Ecosystem
SMCDAO community funds have expanded significantly, now totaling over $270,000 across the entire ecosystem. Wiki Cat leads this initiative with $230,000, while other projects contribute substantial amounts: Defitiger holds $21,221, Ocicat maintains $11,477, Water Rabbit has accumulated $4,118, and seven additional projects ranging from $553 to $3,172 each.
These funds, tracked live through the SMC app, represent a substantial war chest for future ecosystem development and community rewards. The values fluctuate with market conditions but demonstrate the breadth of participation across the SMCDAO network.
## Peniwallet Sets New Performance Records
Peniwallet delivered its strongest single-day performance this week, processing 1,169 transactions totaling $75,300 in volume. The platform also recorded 355 new downloads and facilitated the creation of 527 wallets on those devices, indicating strong user adoption and immediate engagement.
Behind the scenes, development teams have completed new backend infrastructure and are currently configuring testing servers to handle anticipated growth. This proactive scaling approach ensures the platform can accommodate increasing transaction volumes without performance degradation.
## Hardware Reward Program Continues
The founder’s commitment to providing laptops for all 33 KYC-verified moderators remains on track. Two laptops were delivered last month, with two more scheduled for this month. The program utilizes @BabyGamier, an SMC community member, as the vendor, keeping transactions within the ecosystem while ensuring quality and reliability.
The vendor has indicated expansion beyond laptops and phones, suggesting that vehicles may eventually be added to the rewards catalog as the program scales.
## SMC Points Monetization Approaches
Community anticipation continues building around SMC Points monetization, with project leadership hinting at imminent deployment. When questioned about the timeline, Sir Mapy responded definitively: “Anyone sleeping on SMC points doesn’t like free money,” suggesting the monetization event is closer than many expect.
The substantial community fund backing provides confidence that point holders will see meaningful returns on their platform engagement when the program launches.
## Exchange Relationship Reaches Breaking Point
The week also featured a significant escalation in the ongoing dispute with BitMart Exchange. After allegedly collecting $30,000 in listing fees for Wiki Cat in 2023 without delivering the promised listing, BitMart reached out this week about potential collaboration opportunities.
The founder’s response was unambiguous rejection, followed by BitMart blocking all communication. This prompted a public declaration: “To fight a bigger adversary, you need to become bigger. It doesn’t matter how long it takes, I will come back bigger for Bitmart and they will pay 7 times more.”
The mathematical implication suggests a minimum $210,000 target for future action, though the founder’s statement indicates this extends beyond financial considerations to matters of principle and industry accountability.
## Infrastructure and Future Preparations
Technical preparations dominated much of the week’s behind-the-scenes activity. Peniwallet’s new backend infrastructure completion positions the platform for handling significantly higher transaction volumes, while testing server configuration ensures thorough validation before deployment.
These infrastructure investments demonstrate the project’s commitment to sustainable scaling rather than reactive measures when capacity constraints emerge.
## Looking Forward
The convergence of multiple positive developments positions SMCDAO for continued expansion across all major metrics. With holder growth accelerating, community funds expanding, infrastructure upgrading, and reward programs delivering tangible benefits, the ecosystem appears to be entering a new phase of maturity and capability.
The upcoming SMC Points monetization and continued laptop deliveries provide near-term catalysts, while the enhanced Peniwallet infrastructure supports longer-term transaction volume growth. The BitMart situation, while contentious, underscores the project’s commitment to accountability and community protection.
*Community funds and transaction volumes are subject to market volatility. Hardware delivery timelines depend on vendor availability and logistics.*
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