Bitcoin Forum

Abstract

Saascoin believes in creating an open gateway platform that eliminates most of the prevalent challenges associated with payments, giving the freedom
for people to execute their transactions seamlessly. In a world where banks and payment gateways have the upper hand on their clients’ payments, achieving a fee free immediate transaction environment via seamless platform integration is key.

Saascoin further recognizes that buyers and sellers of virtual goods and services need a complimentary virtual currency that returns complete
control of transactions to those transacting.

Traditional Payment Gateway Challenges


Efficient revenue collection is a vital process for any business, especially in the SaaS industry, where most businesses adopt a premium subscription model.  In these use cases, collection should be as simple as possible for both the consumer and the business.  Unfortunately, this is not the current reality.

Problems arise due to differing reasons. These include customer payment model prefer-ences as well as payment methods themselves.  An example is the Eurobond, where most transactions happen via direct debit cards, and not credit cards as is prevalent in the Unit-ed States.

Catering to these customer preferences can limit the expansion of a SaaS business.  If a business was focused on expansion into Europe, but unable to cater to direct debit on a recurring basis, customers would either shy away from subscribing or alternatively churn relatively quickly.  SaaS, in a globalizing world, is in need of a simple and dynamic payment framework that enables monthly recurring revenue collection irrespective of geographic challenges.


Solution

Saascoin is designed as a next-generation blockchain-based payment gateway.  It is genuinely tailored for the needs of SaaS businesses, powering these companies with a platform that solves most, if not all, of their current payment gateway obstacles.

Saascoin aims to disrupt the current payment processing industry by providing a trustworthy, transparent, safe, and reliable payment gateway platform, while also eliminating the pain points of payment gateway fees, chargebacks, and associated administrative headaches existing in the current relationship model with gateways.


Stats

Algorithm: CryptoNight/CryptoNote a fork of Monero
Block reward: 15 SAAS
Block time: 3 minutes
Fee per kb: 0.000300000000
ICO start date: February 22th, 2018
PRE-ICO price : $0.5
PRE-ICO payment methods: BTC, ETH, LTC, XMR and Fiat currency
ICO supply: 10,500,000 SAAS
Max Coin Supply: 77,000,000 SAAS
Saascoin Explorer: http://blocks.saascoin.us
Bounties for the community: 70,000 SAAS
White Paper: https://getsaascoin.com/pdf/whitepaper.pdf
Road map: https://getsaascoin.com/pdf/roadmap.pdf
Pre ICO Website: https://getsaascoin.com
Multi-Sig: Enabled
Spend proof: Enabled
Balance proof: Enabled


Mining Pools and Saascoin wallets (Linux, Windows, Mac, Android, iOS) will be available for public after ICO completion.

Contact us through https://getsaascoin.com

We are happy to answer any technical or business questions.

Thanks,

Saascoin Team
 


Update as per requested

Real people behind it

Waheed Barghouthi https://www.linkedin.com/in/waheedi/
Mohammad Abdelkarim  https://www.linkedin.com/in/mohammad-abdulkarim-35ba23140/
Ammar Hammoudeh https://www.linkedin.com/in/ammar-hammoudeh-85258451/
Ibrahim Albarghouthi https://www.linkedin.com/in/ibrahimalbarghouthii



https://image.ibb.co/mAP04x/saascoin_Road_Map.png

I don't think it is wise to announce a coin without any tip on people behind it. If possible put their social media handle. Nice idea though.

@esquire042 Updated  ;). Could not add more team members yet, but they will be listed here soon

Thanks for the notice

I want explanation from you. ???

Block explorer shows #10376 block
First 18 blocks with reward 990,000

18 x 990,000 = 17,820,000 + 155,625 (10376*15) = 17,975,625

minus ICO = 10,500,000
minus Bounties = 70,000

Result: premined is 7,405,625 SAAS / 9.62% and growth until public mining will be available.
So I assume more than 10% premined.

Premined for DEVs is amount +/- same as whole ICO and with (3.minutes) block reward 15 is 7000000 premined really, really, really high!

Thank you for questioning our coin distribution Cleder. Explanation is below

Max ICO Supply:    10,500,000 SAAS
Max All time Saascoin Supply:     77,000,000 SAAS
Stock Option Plan Supply:    5,000,000 SAAS
Advisory Board Share:    200,000 SAAS
Bounties for the Community:    70,000 SAAS
Company Reserve:    2,100,000 SAAS

5,000,000 SAAS is for current team and future team members (I dont think that's a high number)

2,100,000 SAAS as a company future reserve is also not a high number.

Please let me know if you think these numbers are high, and I would love to know the reasoning behind your opinion.

Thanks,

has this project been launched?
It looks like the project is potentially big.
it seems that I am interested in joining this project.

You can definitely join the efforts, we are open to hear from you.

You can do what you are best at doing. Reach out to us at info+community@getsaascoin.com

We dont think its a high number Cleder, plus its not only a DEVs reward.

Note that most if not all cryptocurrencies come in with 10% premined.

good.

Too simple website....
Your team provide more rich information about Project. ;)

Thanks Narita and zhxuxf.

I would like to set up a Saascoin mining pool (https://saascoin.cryptomineros.com/). Where is the source?

There’s already a pool http://pool.saascoin.us but its password protected, and there’s no source code, you only need the daemon and the rpc wallet to setup a pool which we will publish after the Ico.

Thank you for offering help.

You can check FAQs http://www.getsaascoin.com/faq

looks like a promising project guys but i would love to see team members on the website soon  :)

I would like to ask what this SaaS represents as short for your business. An old project has introduced this terminology as Software as a service and you took the name for your coin. I hope you really have some vision an original and solid one not like the name of token. I will keep watching how this moves ahead as project.

Thank you for the energizing words. We have added more team members on this post.

We will be adding a team page to website soon.

Thanks,

Thanks denam.

We actually have been in the Software as a Service (SaaS) industry for about 8 years. As business founders we have been living the pain points in our business journey and we are eager to solve them with the Saascoin project.

The coin code is SAAS. and the name Saascoin comes from the focus on the industry we are targeting, which is obviously SaaS industry.

Much love!

We are starting to distribute 10-15% of total bounties for the community. which is about 7000-10500 SAAS.

Our website (https://getsaascoin.com) is already translated to 7 languages we are looking to add more languages.

Translation:

Korean
Chinese
Any other languages are welcome

Marketing:

Twitter mentions
Blog posts
News articles

Any ideas for bounties distribution are welcome.

Contact us at bounty+community@getsaascoin.com or reply back here.

Thanks,

i was wondering if u would be launching a use case for this project anytime soon? 'cause that might be big.. best of luck  ;)

Thanks Osama.

We will be launching a real use case for Saascoin soon. It will be published here and on the website as well.

Thank you for your offer, but we are already using https://dakwak.com to translate our website, whitepaper and other content.

For ICO listing we already listed in few ICO listing sites: https://icoholder.com/en/saascoin-18145 https://www.trackico.io/ico/saascoin/ and more.

I think the fundraising will go smooth because of the payment options as multiple currencies are being accepted. Not only that but project looks to have huge potential and this is first thing one want to watch before pouring hi money in any project like this.

Reserved Indonesian translation.

Thank you for the energizing words XCNP. We will stand up for this!

Much love!

Invited to take a part in the Indonesian translation, you should have received a link to setup a translation profile!

Thanks a bunch

Reserving French translation if needed.

Looking forward to the start of the project ，English website looks very difficult，
I've been using Google Translate To understand this project，Fortunately, not so difficult to understand，Just some of the details of the gateway do not understand
I would like to ask what country the project founder is.

We have a French version here https://www.getsaascoin.com/fr but it needs post-editing and proofreading so you are welcome to help.

Please send me your email as a private message so i can send you an invitation to start the translation task.

Thanks,

Thanks for adding us Dale. We are updating the information right now!

Thanks Zswyt. We are actually trying to translate the website to all languages!

We currently have

English: https://www.getsaascoin.com
French: https://www.getsaascoin.com/fr
Polish: https://www.getsaascoin.com/ar
German: https://www.getsaascoin.com/de
Spanish: https://www.getsaascoin.com/es
Dutch: https://www.getsaascoin.com/nl
Italian: https://www.getsaascoin.com/it
Arabic: https://www.getsaascoin.com/ar

Indonesian is ready but waiting for publishing

Would love to know what language you speak so we can get translated.

The founder is a global citizen who lives on earth and travels between U.S, Europe and the Middle East. Visiting the rest of Asia soon!

Thank you for your interest.

Invited. You should have received an email by now. Once you confirm your email, you will receive the task.

All my best,

how do i get the daemon and the wallet rpc

are there any partnership and collaboration with companies?

Thanks Juliaca.

The daemon and wallet RPC with other tools are already available, compiled and running for windows (64bit,32bit), linux(64bit,32bit) and OSX. 

We will publish it once the ICO is done!

Thanks again,

Surely there are. We are talking to SaaS businesses that are interested in early adopting Saascoin as a payment method. We got a green light from one and more to follow..

We will create a use case study that explains this partnership/collaboration in more details soon.

Thank you for this good and valid question!

Looking forward to this project. When will mining be available?

Thanks a bunch hienpoop. Mining will be available after ICO coins are distributed.

Best,

Arabic translation reserved!!

We already have Arabic translation, but it may need proof reading.

Please send me your email in private message so I can invite you to the translation platform.

Thanks,

This https://saascoin.cryptomineros.com/ looks nice.

Thank you.

Any updates admin?

You mean updates on the daemon and the RPC wallet?

Yes when are you going to release them? :)

Thanks annapotpot.

After the ICO and the launch of the first exchange market, we will announce how you can obtain the daemon and the RPC wallet.

Thanks again.

p.s please send me your email in a private message.

I tried to send you a PM but it says you are still a newbie.

Anyways you can email me at admin@cryptomineros.com

I think your project looks promising. I would like to support it in anyway I can, I hope it succeeds.

Thanks

That's strange, many Full members and Legend members have already sent me a private message.

Thank you for the motivational words, I will shoot you an email.

Shout out to all members that have contributed to the Translation efforts. You will be receiving your rewards immediately after the ICO starts.

Thanks for your help.

Much love!

Thanks skattio.

We would love to. Much appreciated.

After much waiting... Saascoin ICO is live now, take a part at https://www.getsaascoin.com

Check out our latest article on medium, (Why should SaaS customers use Saascoin).

https://medium.com/@saascoin/why-should-saas-customers-use-saascoin-4799c571f05b

Would love to hear feedback and inputs from the bitcointalk community.

Your feedback matters!

Read our latest article on Medium. Involuntary Churn, Why should you care?

https://medium.com/@saascoin/involuntary-churn-why-should-you-care-a3dcc74ff637

I am reviewing the project documents for about 4 hours. It looks like a very comprehensive project, I will invest a little for ICO. Does Elon musk really support this project?

Thank you for taking the time to read about Saascoin ladozhskiy1995. I'm not sure if Elon Musk is supporting our project or not but i hope he will do support it in the near future :)

Launch date is almost here. Is everything ready now?

when launch mainnet?

I’d like to understand whether the project is interested in terms of investment.. There’s little of info so far

is there any complete information like whitepaper to understand more about this project?

Yes we are excited too. We will be launching the light wallet to be used by the pre-ICO investors.

As I told you before the mining pools will not be available until a further notice. As we want to make sure a fair distribution is happening for our miners and we don't want to fall into the trap of mainnet 51% attack.

Thanks,

Waheed, Blockchain Evangelist at Saascoin

Hi Air133, thank you for reaching out. Our main network is already up and running, you can browse the blockchain at http://blocks.saascoin.us

Thanks Anthomy.

Surely we are working on getting private/public investors to take part in Saascoin. We have a the pre-ICO website up and running and it has a white paper, a one pager and an FAQ in different languages.

Thanks again.

Waheed

Thanks for the reach out Rosa Bella.

Yes sure we have a white paper and more information on our website at https://www.getsaascoin.com also the white paper is available at https://www.getsaascoin.com/pdf/whitepaper.pdf

We have just added the one pager image to the main thread here. Thank you for your contribution again.

and when i can mine it ?

Thanks iisbetoq. We are actually rethinking the mining model of Saascoin, we don't want to fall where others have already fallen. We believe a fair mining model needs to be implemented before we launch it to the public.

A time frame will be posted on the main thread here.

All my best,

Waheed

tell me, do you already have a website? otherwise I did not find the link. the idea of the project looks interesting, I would like to see more information about the team and the project as a whole

Thanks alenka04.80 we are really glad you like the idea of the project we hope you will like the actual products we will produce as well.

We actually have a website at https://getsaascoin.com we will also have multiple websites soon.

Also the first page of this thread has most of the information about the project.

All my best,

Waheed

sumptuously. I hope your website is under construction, because now it does not look very good. Your site is not currently informative

Thanks Alenka04. We are actually working on a new version of our website, the website you see now is just to give you a glimpse about Saascoin.

Hello guys. Found it hard contacting you. Do you plan to list your token any time soon?

Is the project totally dead?

Their public launch of mainnet has been long overdue. They are technically premining right now since the mainnet is already live its just that the wallet/nodes are not yet released to the public.

Thanks for your input, we are actually would be happy to redistribute extra mined coins back to the community its not really about the pre-mine for us it's more about a working product that utilizes the coin in the right manners.

We will update the roadmap accordingly and you may know this project was not actually funded by any party but the core working team members.

The main post of the thread will be updated to reflect the new changes in the road map and the platform we are building


Not really, we are still alive but taking more time than expected. Time estimation is really a problem, bitcoin took almost 10 years to reach where it is right now, we will take less than that (I believe so!).

You can also check our mainnet explorer here http://blocks.saascoin.us

Thanks,

Saascoin team

Hi, is the token listed anywhere?

Hi Zerolty. Not yet. We are going to be listed in Q4.

any news or die? i waiting mining