September 30, 2020 – Since our report last week on SaTT, the smart advertising marketplace project has been listed on two more exchanges, completed a successful ICO and also implemented a token burn.

After announcing its token listing on BW Exchange, an exchange with MSB (Money Service Business) license issued by the US Treasury Department FinCEN and which is also co-founded by one of the largest miner manufacturers in the world, SaTT closed its crowd sale with USD 7.1 million, a notable ICO achievement in 2020.

The very next day was followed by its next exchange listing, ProBit, a popular digital assets trading platform that is highly ranked in Korea and also a good choice of exchange to cater to SaTT’s strong French following.

Over the weekend, the ‘Big Burn’ was implemented. This is a common practice where tokens of a project or exchange are burnt in order to restrict its supply, done in the hopes of increasing demand for the token and subsequently also increasing its value.

SaTT has announced that they are burning “all unsold tokens left from the crowd sale”. But the big surprise was that they were also burning additional tokens from the other token allocations. Basically, they were going to apply the percentage (47.35%) of unsold tokens from the crowd sale to ALL the other token allocations and burn that entire crop – a whopping 9.47 billion SATT. The entire supply of SATT tokens is 20 Billion. Needless to say, the news was warmly welcomed by the community.

Early this week, SaTT announced yet another token listing, this time on the CoinGecko Top Ten ranked crypto exchange, WhiteBIT. As an EU-compliant exchange that meets KYC and AML requirements in Europe, WhiteBIT also offers one of the lowest trading fees for its crypto-to-crypto and crypto-to-fiat transactions. Definitely another welcome addition to the list of exchanges it is on. With deposits opened yesterday, the exchange is already open for trading the SATT/USDT pair today.

About SaTT

SaTT, which stands for Smart Advertising Transaction Token, is a utility token that enables advertisers to buy smart advertising services on its ethereum-based dApp. All transactions between advertisers and influencers/publishers are governed by the SaTT smart contract which ensures speed, transparency and security, and is cost-efficient.

The SaTT dApp helps to quantify ROI by using blockchain oracles to retrieve data from 3rd-party API of social media platforms like Youtube, Facebook, Twitter, Instagram etc. Actions performed, such as LIKES, SHARES, VIEWS, TWEETS etc. can then be evaluated and if all criteria is successfully met, payments are triggered automatically from the advertiser’s preloaded budget to the wallet of the influencer/publisher. Fast, tamper-proof, secure and cost-efficient, the SaTT smart advertising system is a perfect use case of the ethereum smart contract. https://satt-token.com

About WhiteBIT

WhiteBIT is a centralized crypto-to-fiat exchange trusted by 300K+ users from 190 countries. It has the European Exchange and Custody licenses and is considered to be one of the safest platforms for trading and holding assets. https://whitebit.com

SaTT Officials:

Twitter: https://twitter.com/SaTT_Token

Facebook Page: https://www.facebook.com/SaTT.Token

LinkedIn: https://www.linkedin.com/showcase/satt-token

Telegram: https://t.me/satttoken

Bitcoin Talk: https://bitcointalk.org/index.php?topic=3407522

Medium: https://medium.com/@satt.atayen

Github: https://github.com/Atayen/satt-js



Source:  https://techbullion.com/satt-a-successful-ico-listings-on-bw-probit-whitebit-and-billions-of-tokens-burnt/

Not resting on its laurels after a successful fundraising crowd sale that closed at USD 7.1 million, the smart advertising marketplace SaTT is pleased to announce its next listing, this time on Coinsbit, one of Eastern Europe’s largest exchanges.

The SATT token has recently been listed on a number of established crypto exchanges – from US-compliant BW, to Korea Top Ten ranked ProBit, to EU-compliant WhiteBIT. Actively trading on all three platforms, the SATT token has been onboarded renowned crypto ranking platform CoinGecko.

“Getting on board CoinGecko validates SATT as a token with market value,” says Gauthier Bros, CEO of SaTT. “We are also pleased to partner Coinsbit, one of the largest exchange operators in Eastern Europe. This is in line with our goal of growing our user base into more and more markets.”

Offering a working blockchain-based advertising solution, the SaTT smart advertising dApp stands out from the clutter of ICO projects claiming future working products. Fast, tamper-proof, secure, and cost-efficient, SaTT will now work towards the adoption of its platform in the advertising industry, presently riddled with inefficiencies in its supply chain.

Touting 2.2 million registered users, a 200K-strong community, and 2 million monthly website visitors, Coinsbit offers a range of services which include spot trading, credit card services for deposits and withdrawals, OTC, P2P lending, staking, and an IEO launchpad as well as the ‘Coinsbit Store’.

The store is a global crypto marketplace where products on giant eCommerce sites such as Amazon, Alibaba, eBay, and AliExpress can be bought with USDT, USDN, PLC Stablecoins, and Coinsbit’s native token currency – CNB.

The SATT/Coinsbit trading schedule is as follows:

Deposit: 10:00 on Oct 1, 2020 (UTC+3)

Trading SATT/USDT: 10:00 on Oct 2, 2020 (UTC+3)

Withdrawal: 10:00 on October 05, 2020 (UTC+3)

About SaTT

SaTT, which stands for Smart Advertising Transaction Token, is a utility token that enables advertisers to buy smart advertising services on its Ethereum-based dApp. All transactions between advertisers and influencers/publishers are governed by the SaTT smart contract which ensures speed, transparency, security and is cost-efficient.

The SaTT dApp helps to quantify ROI by using blockchain oracles to retrieve data from 3rd-party API of social media platforms like Youtube, Facebook, Twitter, Instagram, etc. Actions performed, such as LIKES, SHARES, VIEWS, TWEETS, etc. can then be evaluated, and if all criteria are successfully met, payments are triggered automatically from the advertiser’s preloaded budget to the wallet of the influencer/publisher. Fast, tamper-proof, secure, and cost-efficient, the SaTT smart advertising system is a perfect use case of the Ethereum smart contract. https://satt-token.com

About Coinsbit

Coinsbit is one of the largest Eastern European digital asset trading platforms. It utilizes the latest security systems and firewalls, storing assets in cold wallets while providing a secure, convenient, and reliable platform for traders.  https://coinsbit.io

source: https://techbullion.com/satt-a-successful-ico-listings-on-bw-probit-whitebit-and-billions-of-tokens-burnt/

SaTT, a blockchain-based advertising project is pleased to announce the listing on SaTT on an EU-Compliant Exchange, WhiteBit, a top 8 ranked exchange according to Coingecko.

Find more information here

Deposit：18:00, Sept. 29, 2020 (UTC+8)
Trading SATT/USDT: 18:00, Sept. 30, 2020 (UTC+8)

Users can start creating accounts by using this link

Singapore, September 18, 2020 – Smart advertising marketplace SaTT is proud to announce the listing of its namesake token SATT on leading digital assets trading platforms - KuCoin, a centralized exchange (CEX) and Uniswap, a decentralized exchange (DEX).

Currently in the midst of its ICO, the SaTT project is making headlines across major news media for its remarkable feat in fundraising. Within 48 hours, the SaTT ICO closed over USD 1 million, hitting their soft cap of USD 3,360,000 in under a week.

Acknowledging the massive support from their community, SaTT CEO Gauthier Bros expressed his appreciation:

“To all who believe in SaTT and continue to express your amazing support for the SaTT token sale, as a show of our tremendous appreciation, we are going ahead of schedule with our token listing on the 24th of September. KuCoin is a world-class digital asset trading platform and we are proud to be listed on such a reputable exchange. For the DEX supporters, we have selected UniSwap, the leading decentralized permissionless exchange.”

KuCoin Global CEO Johnny Lyu said, “KuCoin has always been the home of crypto hidden gems, and we are happy to support more promising blockchain projects with our various financial services like trading, staking and more. Digital advertising is a billion-dollar market and we have seen SaTT’s potential to develop a new advertising solution with lower costs and more transparency.”

The SaTT story - Quality over hype
Birthed by the core team of Atayen, Inc., the iFrames app developer for business pages on Facebook, the SaTT project team have no shortage of advertising experience with a  customer base that included international brands the likes of Coca Cola, McDonalds and Disney, amongst others. Keenly aware of the ills and challenges facing the advertising industry, the SaTT project was aptly armed with a viable use case from its years in advertising.

Amid the hype of countless ICOs of projects without a product or even a use case in 2018, SaTT went against the grain and kept the focus on delivering a working product.

The past two years has seen the SaTT team laboring over its blockchain advertising platform and conducting innumerable tests on blockchain oracles to obtain off-chain data from third party API of social media platforms such as Youtube, Facebook, Twitter, Instagram etc.

Consistent hard work has paid off and the SaTT platform has been fully launched since Q3 this year, now ready and eager to take on the advertising mantle for the brands of the world.

Having grown a strong following throughout its developing stages, last week, the SaTT project saw its ICO reach a level of fervour unheard of in today’s ICO narrative, as loyal supporters rallied behind the project’s token sale.

SaTT’s ICO success serves as a testament to good old-fashioned persistence and hard work. As Henry Ford put it, “Quality means doing it right when no one is looking.”

Keeping community at the forefront
At the time of this writing, the SaTT ICO has raised over USD 4 million with the total number of SaTT token holders sitting at over 13,400 addresses.

Starting September 24, SaTT token holders will be able to start making deposits in preparation for trading. Available trading pairs will be announced when deposits open on the exchanges. Stay tuned to SaTT social media channels for exact timing and other detailed announcements.

In the meantime, SaTT remains committed to making listing partnerships with credible exchanges vetted to be safe for users, keeping the community always at the forefront of any listing decisions. SaTT token holders will welcome the news that besides KuCoin and UniSwap, SaTT has managed to secure an additional 5 exchanges, to be announced at a later date. Stay tuned!

About SaTT
SaTT, which stands for Smart Advertising Transaction Token, is a utility token that enables advertisers to buy smart advertising services on its ethereum-based dApp. All transactions between advertisers and influencers/publishers are governed by the SaTT smart contract which ensures speed, transparency and security, and is cost-efficient.

The SaTT dApp helps to quantify ROI by using Oracles to retrieve data from 3rd-party API of social media platforms like Youtube, Facebook, Twitter, Instagram etc. Actions performed, such as LIKES, SHARES, VIEWS, TWEETS etc. can then be evaluated and if all criteria is successfully met, payments are triggered automatically from the advertiser’s preloaded budget to the wallet of the influencer/publisher. Fast, tamper-proof, secure and cost-efficient, the SaTT smart advertising system is a perfect use case of the ethereum smart contract.

About KuCoin
KuCoin is a world-class blockchain asset exchange, also known as “The People’s Exchange.” Offering 200+ cryptocurrencies, KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently.

Source: Cointelegraph

The entire cryptocurrency market capitalization is a toddler when compared to the global markets like the stock market and the commodity market. considering where Bitcoin started, the whole ecosystem have come a long way since the past decade.

Bitcoin has been the dominant cryptocurrency for long now, I think that could change in the future. For the market to grow large and compete with global market, its becoming clear that other cryptocurrencies might rise to compete with the Bitcoin's marketcap. Top players from the traditional market need to get involved in cryptocurrency and issue decentralized products, the space need a lot of attention at this time. Such close competition could be setting the stage for a multi trillion crypto market.

But then, what is uncertain is regulation, can cryptocurrency grow into a multi-trilion market without the proper regulations?

I think Bitcoin decoupled its correlation with the US stock just before the halving, the halving effect on the price of the asset. Check last year and the first quarter of 2020, both assets were correlative.

I think it's very necessary you understand the point from which I'm heading from, cryptocurrency fundamentals is quite different from stocks. But it clearly looks like the market sentiment is beginning to mirror each other.

Then it looks like analysts that are positioning Bitcoin as a safe haven asset are also getting it wrong. I don't understand why everyone is saying Bitcoin isn't correlated with the S&P 500. Take a look at this piece, Bitcoin’s Price Correlation With S&P 500 Hits Record Highs.

Intelligent comment tbh. This further proves that Bitcoin is more of a speculative risk asset than being a safe-haven. On the flip side, gold has stood the test of time and has a proven use-case and high demand across industries which makes people value it year in, year out.

Over this week I got thinking about the correlation of Bitcoin and the U.S stocks, and the purported claims of Bitcoin being digital gold and therefore a safe-haven. I could only conclude that all these claims contradict the true nature of Bitcoin. Maybe it will be safe to think that those who assume Bitcoin to be safe-haven are only been extreme in their support for the digital asset or attempting to shill their bag. Whichever be the case, Bitcoin is Bitcoin for what it is, a noble digital asset.

On the flip side, the commodities market has a negative correlation with stock. I am beginning to think that a cryptocurrency that tracks the price performance of the top 10 commodities by market cap will best serve as a price hedge against stocks. Just like the S&P 500 is a standalone trading asset that tracks the top 500 U.S stocks, why can't we have such in crypto to track the performance of the top 10 traditional commodities? I am trying so much not to divert the focus from Bitcoin, but look at it, this will give a lot of colors to the crypto trading market.

We will have an asset that doesn't necessarily plunge whenever Bitcoin price tanks, compared to what we are seeing in altcoins that bleed the hell out of them whenever Bitcoin makes a little downward movement. 

That's right, a project could really start up smoothly and cool and later go to the dust due to some unforeseen factors.

So I am adding transparency to the list. Thanks

Okay guys, hope we are all staying safe?

I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?

1. team behind the project?
2. type of blockchain?
3. real-world use-cases?
4. partnerships?
5. period of existence?
6. Stability of the token?
7. Just name them, anything you look out for

I wasn't actually referring to USDT or dollar-backed stablecoins. I am somewhat referring to cryptocurrencies backed by a real-world assets like real estate or commodities.

Even those that have businesses are not entirely spared. Though it depends on the nature of the business, but generally, customer patronage has gone low since the pandemic.

I am however not a fan of USDT, I am however interested in the rise of stable cryptocurrencies that are backed by real estate or some traditional commodity other than the dollar.

You might have to be very direct with your question. But generally, after the last 21st million BTC is mined the circulating supply remained capped forever. But hey, that will take another century to happen. At this stage, miners fees will be solely based on transaction fees.

Sometimes I wonder if economists are really the ones running the economy or politicians. By design, the economy shouldn't be politicized, but the reverse is now the case. Government most times runs the economy for selfish interests which most times leads to immediate gains and severe future consequences.

USDT is not one of my favorite cryptos. By real asset-backed I don't mean dollar-backed, dollar is just another shit inflationary currency. I mean real-world asset-backed cryptos. There is not so much of this kind of crypto existing yet.

Volatility is part of what defines Bitcoin and some other cryptocurrencies. As the industry matures, the rise of cryptocurrencies that tracks the performance of less volatile traditional assets like real estates and commodities will likely bring a lot of beauty to the cryptocurrency industry. I believe that a mix of more volatile crypto assets and less volatile assets will give traders a lot of options to enjoy while trading.