Bitcoin Forum

The Satoricoin project is going to be revived, it seems to be difficult to buy in my country, but I hope those who can buy it in the future will try it and see!

https://spotlight.soy/detail?article_id=iwqzol02b

Woah thanks for sharing. I signed in to test their product, lets see what gives.

GrtzTank

omg! :o :o
thank you also for sharing this very great and unexpected news!
of course i have also registered as a tester and i'm curious to see what else will come...

btw unfortunately, interested parties from japan, usa and singapore are not accepted as testers

This is great to see, and a good thing for our hobby 8) I look forward to seeing what they come up with this time.

seem weird that Japan would be excluded - are they not in Japan?

"Due to regulatory reasons, we had to suspend our operations out of Japan. Since then, we’ve been working on reviving this project under a new company name: Satori Club based in Singapore."

ahh I missed that part. makes more sense then. but I hope they resolve the issues surrounding other countries as it would suck if US or other locations cannot purchase.

and playing devils advocate - has anyone verified that this is genuine and some copycat working a scam?

Not much info on their site, X account seems new. I dropped a throwaway on the email sign up just in case it's legit.
"I want to believe"

  This is good news indeed...Satori coins are one of my favorites...I would be good to add a new type to my collection!

they have started a thread in the Services board requesting testers!

https://bitcointalk.org/index.php?topic=5536713.0

if it was legitimately him, would he not be using his old account?  the one that used to post all the Satori pictures etc?



yes and even Singapore residents are not able to participate due to regulations.

I've chatted over X with the original Satori designer @ayaLAN (X account form 2009) plus it was endorsed by Raimu owner @mkan_whan (X account 2012).

Also, scammers would IMHO more likely want some immediate payment, not leaving enough time for people to verify it/find out.

 I reached out to Moto on his email...He confirms it its his company!

this is what I was looking for and hoping for. Sounds very promising then! but if they moved to Singapore as Japan regulations made it difficult to operate in Japan - why are people from Singapore not able to participate in their testing?

I really wish that the US could - would love to see what they are working on.

Singapore's local crypto licensing is fairly broadly worded, and makes it difficult to sell loaded items from a local entity without a license. I imagine they were told by their lawyers to just exclude Singaporeans residents to avoid any issues.

thanks for sharing.

Amazing news...

We all love Satori coins.

would they not still be selling "from a local entity" (themselves) even if it is abroad, it would still be coming from Singapore. Either way, if it is legitimately Satori - then it is good news.

Presently, regulations only care about entities serving local residents - that's why a lot of exchanges are also based in Singapore, but don't serve Singapore residents - as long as you find your clients overseas only, local regulations are limited in scope.