[The smart advertising marketplace project, SaTT has certainly been on the move recently - from its successful fundraising crowd sale to its new exchange listings each week to its major token burn.]

The smart advertising marketplace project, SaTT has certainly been on the move recently - from its successful fundraising crowd sale to its new exchange listings each week to its major token burn.

SaTT stands for Smart Advertising Transaction Token and the SaTT project has actually delivered a working smart advertising platform since Q3 of this year. This is its strong suit when compared with the countless ICO projects that have plagued the blockchain ecosystem with claims of blockchain protocols and dApps that have not and likely might never come to be.

This is also a strong indicator that this project is in for the long haul since its true worth is not based solely on the market movements of its token but whether the working solution it has delivered will be one valued and adopted over time by its industry.

The founding developer team of SaTT is from Atayen, Inc., known for their iFrames apps for business pages on Facebook, used by the world’s most renowned advertisers such as Nike, Disney, Starbucks and Coca Cola, to name a few.

Exchange Galore

In the past couple of weeks, shortly after announcing its token listing on BW Exchange, a US-compliant exchange with MSB (Money Service Business) license issued by the US Treasury Department FinCEN, it also announced its token listing on ProBit Exchange, an extremely popular exchange in Korea, frequently ranked among the Top Ten.

Then it got listed on WhiteBIT, an EU-compliant Top Ten exchange on Coingecko, followed by Coinsbit, one of the larger Eastern European exchanges.

From its Twitter announcements, the project is also working to be on decentralized exchange Uniswap soon. While Uniswap is indeed the hottest DEX around, the high-risk volatile DeFi environment on Uniswap is one area where the SaTT team will do well to stay vigilant and safeguard the value of SATT, a token attached to a working product with huge potential upside over the long term.

The One That Got Away

One miss would be leading exchange KuCoin, which was announced but then cancelled a few days after. However, in light of the KuCoin hack where many ERC-20 tokens have been stolen, this might be considered a timely miss afterall.

Many of the ERC-20 projects have frozen, paused or even resorted to reversing their smart contracts after the hack. This centralized move has attracted much controversy as decentralization supporters criticize the move as unethical, reminding us of last year’s Binance hack, when executing a rollback was discussed and promptly dropped as a result of the huge community backlash.

Impressive Fundraiser and Token Burn

Despite dropping out from KuCoin’s portfolio of listed projects on Sep 23, SaTT managed to rally its community behind its ICO crowd sale. They ended up raising a respectable USD 7.1 million, a considerable sum, in light of the dismal fundraisers we have come to expect in the recent couple of years.

According to their blog, the project is burning a significant part of its total token supply - 9.47 Billion out of 20 Billion tokens.

Parting Words

Definitely a project to keep an eye on. Compared to the countless projects without a working product, whether SaTT does indeed become the leading smart advertising solution it aspires to, it is making the right moves.

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


Source: https://www.publish0x.com/thebitchick/satt-smart-advertising-is-in-for-the-long-haul-xmdlvvk

As Crypto and blockchain continues to gain mainstream adoption, it looks like the payment sector is taking the lead. The other day, Paypal announced its intention to support crypto transactions, and most banks are already loosening some restrictions initially placed on crypto. The future is bright for crypto.

I am looking forward to use my first crypto debit card that will be issued by AXIA. Its my first, I am not yet familiar with one, thus the reason for this thread.

What are the disadvantages and vulnerabilities of crytpo debit card ?
What should people be mindful of while transacting with a crypto debit card?
I am very much interested to know.

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This further implies that, when recession kicks in, those running away from the stock market will possibly not see Bitcoin as an option. What then is the purpose of Bitcoin whenever they say "Bitcoin was born in the wake of the 2008 recession" or is it just a mere saying?

Bitcoin evangelist has always attributed Bitcoin to be a safe-haven asset, while extreme fanatics believe that Bitcoin is far better than gold. Bitcoin was born in the wake of the 2008 financial crash as a libertarian currency and as an instrument that could help cushion the event of a future financial crisis.

Since Bitcoin is purely a speculative risk asset, many people have doubted its position as a purported safe-haven asset, I am not one of them anyways. However, since Bitcoin hasn't witnessed a global recession yet, I feel Bitcoin hasn't sufficiently defended its narrative as a safe-haven asset.

As the possibility of a global recession intensifies, what's your take on the possible performance of Bitcoin? will it go down with the traditional market or will it defend its name? I am very much interested to know.