Sorry everyone I have been very busy, neglected the thread a little.
We had a conference on 1st oct in seville. Reasonably small (~100 people) but room was packed. We originally were going to host a much larger conference but decided to downscale due to some issues we were dealing with internally.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FCtroF2vWgAAU0dN.jpg&t=665&c=WHyg0EM7IgpkwQ)
So I have a few large announcements to make regarding SAR, and Krypto Commerce.
Asif Baloch is no longer with the company or involved in SAR. This was a mutual decision, all owners agreeing it is the best way to move forward. I will be doing a full write up explaining this is much more detail in the near future. But the short story is, a lack of professionalism and ethics.
To fulfill his role we now have contracts with
Telefonica,
Acens &
ElevenPathsSadly the migration didn't go as smoothly as we had hoped resulting in some downtime, but everything is back up and running at full capacity.
Krypto Commerce is rebranding to Krypto Tech, all of our plans for the future are still a go, its simply a rebrand.
As you may have guessed from the above photo. I plan to move SAR to the upcoming Ubiq chain. you can find more info about ubiq here:
https://bitcointalk.org/index.php?topic=1631210.0There are a number of reasons for this plan. Starting with the obvious, I develop SAR and am also a core developer of Jumbucks/Ubiq, this allows me to focus all of my attention on one chain.
The technology Ethereum has introduced with its EVM has massive potential, and I dont see much point in running a separate competing chain, the more currencies and dapps in a single place (Ubiq), the more we all benefit.
This will allow the daily distribution of SAR to be done via a smart contract. This means the coins from the premine, will be locked in the contract, instead of being held by the company. It also means this distribution will be entirely automated.
The swap of SAR, to SAR on the ubiq chain, will be a 1:1 swap. managed very similar to how Jumbucks is swapping to Ubiq. No exchange, or 3rd party required.
This is currently my main focus in regards to SAR. I will provide much more detail regarding the swap process once things are ready and everything is thoroughly tested.
SAR Cafe has opened in Vietnam. It accepts SARCoin and Bitcoin as payment. The team there are more than happy to help educate people on these technologies, hopefully getting them as obsessed as we all are.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FUkH0HdQ.jpg&t=665&c=o636OZ-IIj17LQ)
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FfI0jMgV.jpg&t=665&c=nvcdIsv7BHzHlg)
Projects that are currently in the works that I have not yet discussed, are sarcoinpay, a payment gateway allowing online merchants to easily accept SARCoin;
We have contracted some skilled devs in the crypto space to assist with these projects in order to speed things up.
More updates coming in the very near future.