zykov_dm (OP)
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November 26, 2018, 12:54:28 AM Last edit: February 14, 2019, 01:03:26 AM by zykov_dm |
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Atomic exchange protocol Swap for crypto assets The direct atomic exchange protocol allows for the exchange of crypto assets, initially incompatible blockchains, without the participation of a third party. For example, through an atomic transaction, it is possible to exchange Bitcoin for Litecoin directly from wallets. Swap exchange protocol guarantees mutual execution of the transaction by the parties or cancellation of this transaction if the bilateral terms of the transaction are not fulfilled. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fs1200.jpg&t=665&c=65nkvcPplbRu_g) In order to create a liquid market for low-liquid crypto assets, Saturn Platform launches Token Sale.As part of the launch of the Saturn Platform, 1,000,000,000 XSATs were issued, of which 750,000,000 are offered to purchase during Token Sale.
XSAT is a liquidity token of the Saturn Platform. The token liquidity model is based on flexible exchange options for more than 300 cryptoactive assets, inside the Saturn Platform and simple XSAT conversion to the main quoted assets: Bitcoin, Ethereum, US Dollar.
The team plans to use the funds collected in exchange for the XSAT token, for ensuring the liquidity of the assets demanded by the community. For this purpose will be used 51% of assets, from the total number of collected assets.
The remaining part of the collected funds will provide a reserve that will be used for the development and the company progress.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fbg2sp-1.jpg&t=665&c=VsDLfH1rwEpkDA)
Token Sale is planned in 3 stages:
Private sale
Token Sale Private stage right now! Lowest price 1 XSAT = $0.075! To purchase contact us sale@saturn.black
This stage began on November 17, 2018 and will be completed after the launch of the OTC Saturn Platform, while collecting the minimum capitalization required for the next stages and platform development.
Pre-sale
It will start after the completion of the Private sale and the launch of the atomic Swap-exchange of XSAT tokens on the Saturn platform. Pre-sale will continue for 2-4 weeks. By the opening of the sale to a wide range of buyers, we plan to implement atomic XSAT transactions with 100 cryptoactive assets. Our team is planning to open Presale in middle of December. The final decision about start date of the stage will depend on the fulfillment of the goals set by the team at the Private sale.
Public sale
The start of the Public sale is scheduled on January 2019. Our team must do a lot of work in all the previous stages, so it’s impossible to tell the exact date of the opening of the Public sale. At the stage of Public sale in the Saturn Platform, will be available to purchase XSAT token in exchange for approximately 300 crypto assets.
At each stage, the XSAT price and the list of accepted crypto assets differ. Up-to-date information on cost changes and the start of a new phase will be available on the project website.
After completion of Token Sale, the Saturn team will continue the implementation of roadmap articles. The XSAT Token will be available for trading on our platform, after completing Token Sale. Also, during the implementation of the project, following the principles of a fair price, we plan to place XSAT in popular crypto exchanges. General issues: info@saturn.black Legal issues: legal@saturn.black Questions Token Sale: sale@saturn.black Bounty program: bounty@saturn.black Software integration: admin@saturn.black
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doedz
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November 26, 2018, 01:14:58 AM |
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There are so many strange utilities that are written like a child who just stepped in !!!
Maybe it is better for the Saturn Platform project to hire a Community Manager to make a more qualified Announcement that is full of company descriptions. Instead of this, writing that is uninformed and should also be locked for better.
Thanks doedz
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zykov_dm (OP)
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November 26, 2018, 01:20:51 AM Last edit: November 26, 2018, 02:31:38 AM by zykov_dm |
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There are so many strange utilities that are written like a child who just stepped in !!!
Maybe it is better for the Saturn Platform project to hire a Community Manager to make a more qualified Announcement that is full of company descriptions. Instead of this, writing that is uninformed and should also be locked for better.
Thanks doedz
Fixed!
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zykov_dm (OP)
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November 26, 2018, 11:33:52 AM Last edit: November 26, 2018, 12:59:27 PM by zykov_dm |
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Updated information on the protocol of atomic exchange. Atomic exchange protocol Swap for crypto assets The direct atomic exchange protocol allows for the exchange of crypto assets, initially incompatible blockchains, without the participation of a third party. For example, through an atomic transaction, it is possible to exchange Bitcoin for Litecoin directly from wallets. Swap exchange protocol guarantees mutual execution of the transaction by the parties or cancellation of this transaction if the bilateral terms of the transaction are not fulfilled. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fs1200.jpg&t=665&c=65nkvcPplbRu_g)
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limmousine
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November 26, 2018, 11:38:12 AM |
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when will private sales begin and how minimum can I participate in a private sale?
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zykov_dm (OP)
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November 26, 2018, 12:12:49 PM Last edit: November 26, 2018, 12:55:28 PM by zykov_dm |
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doedz
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November 27, 2018, 02:21:43 AM |
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There are so many strange utilities that are written like a child who just stepped in !!!
Maybe it is better for the Saturn Platform project to hire a Community Manager to make a more qualified Announcement that is full of company descriptions. Instead of this, writing that is uninformed and should also be locked for better.
Thanks doedz
Fixed! Very fast response like the fast food restaurant in Francis. (y) But unfortunately I see a gap in token distributions that refers to the price of the Saturn Platform token to Dump. Just look at the token distributions around 10%, because the average successful ICO project is around 1-2% for the Bounty allocation.
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zykov_dm (OP)
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November 27, 2018, 10:30:39 AM |
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Very fast response like the fast food restaurant in Francis. (y)
But unfortunately I see a gap in token distributions that refers to the price of the Saturn Platform token to Dump. Just look at the token distributions around 10%, because the average successful ICO project is around 1-2% for the Bounty allocation.
Yes, we have a great bounty. But we thought through the model of launching a token to the market:
1. Not all Bounty will be distributed to Token Sale. Part of the reserve bounty will be distributed upon completion of Token Sale. 2. 51% of all funds will be used to provide liquidity to the markets of the Saturn platform. 3. XSAT will be traded in pairs with several hundred cryptocurrencies. 4. Tokens distributed to the team are frozen by agreement within our company.
The primary task of our team is the transformation of the illiquid cryptocurrencies of the community into the liquid token XSAT.
I understand your skepticism. As all of us, those who are experiencing a market decline are forced to look at things with open eyes. Platform Saturn is the result of a thoughtful analysis of the market. This is what we write in White Paper. I will reveal the meaning of the project further in the next posts. I am pleased to continue the discussion with you & and the whole community. Thanks for the informative question!
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zykov_dm (OP)
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November 27, 2018, 01:58:49 PM |
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Updated information on the site
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agan husaeni
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First 100% Liquid Stablecoin Backed by Gold
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November 27, 2018, 02:14:22 PM |
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if I'm not wrong, there was a project like this in the past, with the same name and concept, is this the development or the new project?
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zykov_dm (OP)
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November 27, 2018, 07:25:17 PM |
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if I'm not wrong, there was a project like this in the past, with the same name and concept, is this the development or the new project?
If you mean Saturn Network, then we have no relationship with him.
I doт't think that our concept is very similar, although there are common features. Our concept is based on the transformation of low-liquid assets and the supply of liquidity to more than 300 markets. We will focus on providing liquidity to 51% of funds collected on Token Sale.
Saturn.Black Platform is a new project with it's own developments in the field of atomic exchange of cryptocurrencies and trading. On Thursday, December 29, we will make a big announcement of our partners and tell you more about our developments. And on weekends we run our Bounty program. If you are interested in the project, you can subscribe to updates in this topic on bitcointalk& our social networks
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zykov_dm (OP)
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November 27, 2018, 11:19:11 PM |
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Updated information Russian discussion thread on BitcoinTalk ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fbitcoin-talk-png-1-1.png&t=665&c=zzsIe_EVrzJpAQ) Welcome to the Saturn Community! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fcropped-favicon-2.png&t=665&c=U4MxnP_-87--gg)
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doedz
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November 28, 2018, 01:24:53 AM |
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Very fast response like the fast food restaurant in Francis. (y)
But unfortunately I see a gap in token distributions that refers to the price of the Saturn Platform token to Dump. Just look at the token distributions around 10%, because the average successful ICO project is around 1-2% for the Bounty allocation.
Yes, we have a great bounty. But we thought through the model of launching a token to the market:
1. Not all Bounty will be distributed to Token Sale. Part of the reserve bounty will be distributed upon completion of Token Sale. 2. 51% of all funds will be used to provide liquidity to the markets of the Saturn platform. 3. XSAT will be traded in pairs with several hundred cryptocurrencies. 4. Tokens distributed to the team are frozen by agreement within our company.
The primary task of our team is the transformation of the illiquid cryptocurrencies of the community into the liquid token XSAT.
I understand your skepticism. As all of us, those who are experiencing a market decline are forced to look at things with open eyes. Platform Saturn is the result of a thoughtful analysis of the market. This is what we write in White Paper. I will reveal the meaning of the project further in the next posts. I am pleased to continue the discussion with you & and the whole community. Thanks for the informative question!Indeed, it should be that Bounty must be distributed after the Token Sale and Frozen Coin is a way to keep investors from making SATURN coins into DUMPs. XSAT for the first listing on the Exchange where the development team will be selected, whether Hotbit, Mercatox, or CREX24?
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zykov_dm (OP)
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November 28, 2018, 03:03:04 PM Last edit: November 29, 2018, 11:00:05 PM by zykov_dm |
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Very fast response like the fast food restaurant in Francis. (y)
But unfortunately I see a gap in token distributions that refers to the price of the Saturn Platform token to Dump. Just look at the token distributions around 10%, because the average successful ICO project is around 1-2% for the Bounty allocation.
Yes, we have a great bounty. But we thought through the model of launching a token to the market:
1. Not all Bounty will be distributed to Token Sale. Part of the reserve bounty will be distributed upon completion of Token Sale. 2. 51% of all funds will be used to provide liquidity to the markets of the Saturn platform. 3. XSAT will be traded in pairs with several hundred cryptocurrencies. 4. Tokens distributed to the team are frozen by agreement within our company.
The primary task of our team is the transformation of the illiquid cryptocurrencies of the community into the liquid token XSAT.
I understand your skepticism. As all of us, those who are experiencing a market decline are forced to look at things with open eyes. Platform Saturn is the result of a thoughtful analysis of the market. This is what we write in White Paper. I will reveal the meaning of the project further in the next posts. I am pleased to continue the discussion with you & and the whole community. Thanks for the informative question!Indeed, it should be that Bounty must be distributed after the Token Sale and Frozen Coin is a way to keep investors from making SATURN coins into DUMPs. XSAT for the first listing on the Exchange where the development team will be selected, whether Hotbit, Mercatox, or CREX24?
We worked on these issues.
The peculiarity of our concept is that the XSAT token can be exchanged for about 300 crypto assets. These will include assets that, despite having successfully completed ICO, was no listing on the exchanges. Therefore, we believe that as our service develops, secondary demand for the XSAT token will appear. Due to the crisis that we are seeing now on the crypto market, for many investors, our token will become an opportunity to unfreeze blocked money.
But unfortunately I see a gap in token distributions that refers to the price of the Saturn Platform token to Dump. Just look at the token distributions around 10%, because the average successful ICO project is around 1-2% for the Bounty allocation.
Returning to the question of Bounty, I will add that about 40-50% of the Bounty fund, we will spend on promoting the Saturn platform after Token Sale. That will also give an increase in secondary demand.
And a small excerpt from our White Paper![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fwhite-paper-saturn-black.png&t=665&c=0DRp6p7F7dOk9w)
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dzkrb1966
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November 28, 2018, 08:16:59 PM |
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Do I understand correctly that you are offering a community exchange? Is it possible to trade short? Do you have tools like the Binance Exchange?
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zykov_dm (OP)
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November 28, 2018, 10:57:12 PM |
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Do I understand correctly that you are offering a community exchange? As for the community exchange - yes, we are planning to create an exchange platform for the community. First of all, it will be possible to use the platform for secure deals between holders of a large number of assets, where the protocol we use serves as escrow. That is, for the exchange of cryptocurrency does not need to send it to the exchange. In the blog, we wrote about it in more detail and gradually reveal this topic Atomic exchange protocol from Swap. Secondarily, we plan to expand the list of traded assets and create additional liquidity in the markets. Not because the co-founders of the companies pay us, but because the community needs it. That is, those assets that we will accept in exchange for CCAT, we will send to the market to provide traders with bilateral orders.
To make it clearer, I will give an example:
If you heard about the recent fine of two ICOs: AIR & something else. if you don’t remember, here’s the first article about this SEC settlement of two ICOs... Immediately after that, AIR was delisted from HITBTC and the holders were deprived of the opportunity to sell the token. It was added to the bidding on IDEX, but as you can see, there is no liquidity there. Questions: Is liquidity required for this market? Of course. Who can submit applications for traders? Only a market maker interested in the life of this market. But this is just an example. I'm not saying that we will list the AIR. I'm talking about what are the situations with assets, and what problems arise from the holders. Often companies cannot promote their assets due to various obstacles.The exchange of cryptoactive assets for Saturn Platforms at this stage will be an OTC exchange and an OTC auction. We will move on to launching full-fledged exchange trading only when we are able to provide liquidity to the markets, finish the trading terminal and develop an API.Is it possible to trade short? Personally, I am not an opponent of trading with margin. But, we target other customers. Our customers are token holders, brokers and founders of companies. Later, when we start the exchange, it’s also traders. For short trading, there are excellent platforms like Bitmex. Bakkt will be launched soon. We see our goal different. Players who require collateral to play with margin will be able to buy Bitcoin safely and legally from us. However, this is one of the tasks that will require a lot of legal work.Do you have tools like the Binance Exchange? If I understand you correctly, we are planning to make flexible settings for orders like all-or-none and others. One of our nice additions is a rebate program for players, which we will implement at the start of the exchange. Inside our White Paper, we reveal some details of our plans ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fcropped-favicon-2.png&t=665&c=U4MxnP_-87--gg)
English | Russian![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fsnimok-ekrana-2018-11-29-v-1.22.10.png&t=665&c=wsbDTo5151Dx6g)
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zykov_dm (OP)
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November 29, 2018, 12:14:53 AM |
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Update. Example no relevant
To make it clearer, I will give an example: If you heard about the recent fine of two ICOs: AIR & something else. if you don’t remember, here’s the first article about this SEC settlement of two ICOs... Immediately after that, AIR was delisted from HITBTC and the holders were deprived of the opportunity to sell the token. It was added to the bidding on IDEX, but as you can see, there is no liquidity there. Questions: Is liquidity required for this market? Of course. Who can submit applications for traders? Only a market maker interested in the life of this market. But this is just an example. I'm not saying that we will list the AIR. I'm talking about what are the situations with assets, and what problems arise from the holders. Often companies cannot promote their assets due to various obstacles. I checked the AIR on CoinmarketChap and found that the token is not currently being traded. No where, as in the crypto world, change comes so fast.
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doedz
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November 29, 2018, 02:26:22 AM |
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Very fast response like the fast food restaurant in Francis. (y)
But unfortunately I see a gap in token distributions that refers to the price of the Saturn Platform token to Dump. Just look at the token distributions around 10%, because the average successful ICO project is around 1-2% for the Bounty allocation.
Yes, we have a great bounty. But we thought through the model of launching a token to the market:
1. Not all Bounty will be distributed to Token Sale. Part of the reserve bounty will be distributed upon completion of Token Sale. 2. 51% of all funds will be used to provide liquidity to the markets of the Saturn platform. 3. XSAT will be traded in pairs with several hundred cryptocurrencies. 4. Tokens distributed to the team are frozen by agreement within our company.
The primary task of our team is the transformation of the illiquid cryptocurrencies of the community into the liquid token XSAT.
I understand your skepticism. As all of us, those who are experiencing a market decline are forced to look at things with open eyes. Platform Saturn is the result of a thoughtful analysis of the market. This is what we write in White Paper. I will reveal the meaning of the project further in the next posts. I am pleased to continue the discussion with you & and the whole community. Thanks for the informative question!Indeed, it should be that Bounty must be distributed after the Token Sale and Frozen Coin is a way to keep investors from making SATURN coins into DUMPs. XSAT for the first listing on the Exchange where the development team will be selected, whether Hotbit, Mercatox, or CREX24? We worked on these issues.
The peculiarity of our concept is that the XSAT token can be exchanged for about 300 crypto assets. These will include assets that, despite having successfully completed ICO, was no listing on the exchanges. Therefore, we believe that as our service develops, secondary demand for the XSAT token will appear. Due to the crisis that we are seeing now on the crypto market, for many investors, our token will become an opportunity to unfreeze blocked money.
But unfortunately I see a gap in token distributions that refers to the price of the Saturn Platform token to Dump. Just look at the token distributions around 10%, because the average successful ICO project is around 1-2% for the Bounty allocation.
Returning to the question of Bounty, I will add that about 40-50% of the Bounty fund, we will spend on promoting the Saturn platform after Token Sale. That will also give an increase in secondary demand.
And a small excerpt from our White Paper![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsaturn.black%2Fwp-content%2Fuploads%2F2018%2F11%2Fwhite-paper-saturn-black.png&t=665&c=0DRp6p7F7dOk9w) "These will include assets, despite having successfully completed ICO, was no listing on the exchanges." I am not familiar with this word, has the Saturn succeeded in its ICO or not? Because I saw it on the main website from https://saturn.black/, Private Sale stage 12 days, 9 hours. LOL
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zykov_dm (OP)
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November 29, 2018, 11:37:05 AM |
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I apologize for the inaccuracy"These will include assets, despite having successfully completed ICO, was no listing on the exchanges."
I am not familiar with this word, has the Saturn succeeded in its ICO or not?
Clarifying
The peculiarity of our concept is that the XSAT token can be exchanged for about 300 crypto assets, including those that successfully passed ICO, but were not yet added to the exchanges Because I saw it on the main website from https://saturn.black/, Private Sale stage 12 days, 9 hours. LOL
Now Saturn is going Token Sale. You're right.
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zykov_dm (OP)
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November 29, 2018, 11:40:53 PM |
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