[ANN] Saturn Black Platform | Token Sale | Public stage

[zykov_dm]

Hello and Congratulations on your ANN!
I wrote an introductory article on my blog. Please visit and leave a comment.
I believe this is a very good project, the team members are enthusiastic feedback to the forum members. This will bring good results, because the most important thing in a project is the good relationship and communication between the project and the community, I believe it will make the community stronger and more productive. More. Promote for excellent project completion.

https://vanminhcoin.blogspot.com/2018/12/about-saturn-platform-in-development-of.html

tspmhack5, thank you for your support!

[zykov_dm]

Published a blog article. Original here https://saturn.black/properties-required-for-the-markets-development/

Properties required for the markets development

Markets evolves according to economic laws. Each exchange asset to attract money to the market must have some of qualities, the combination of which attracts or repels investors and traders.

• Liquidity – the ability of assets to turn into cash. The ability of the market to realize the demand of investors and speculators, to buy and sell an asset with a volume that matching with the current market, demand attracts cash to this market. The lack of opportunity to enter the market with amounts exceeding the current offer is a barrier to increased cash flow in this market.

• Provision – real assets that provide the value of a trading instrument. The Saturn Black team is of the opinion that the majority of crypto assets in the existing market are completely unsecured. Due to the youth of the market and the composition of the traders, the vast majority unprofessionally trading in this market, companies that issue crypto assets have attracted large sums of money in cryptocurrencies, promising a future increase in the price of issued tokens without the presence of real products. In fact, some projects have been successful, hitting a wave of growing public interest in crypto assets and their prices increased at the end of 2017 – at the beginning of 2018, like the rise in prices of market pioneers, Bitcoin, Ethereum and others. According to data that published by Forbes, at the moment of mid-December 2017, the amount collected by 234 ICO was $3.7 billion. The first quarter of 2018 was a record for ICO – the volume of funds exceeded the amount of funds collected by ICO in 2017. But, along with the fall in Bitcoin prices, the ICO market has also fell down. And the secondary market of crypto assets was not ready for the influx of so many trading instruments, the number of which in 2017-2018 increased by more than 2 times.

• Secondary market. Crypto assets distributed by ICO, needs secondary market and real using in infrastructure of companies product, offering a token to the market. Due to the lack of implementation of most blockchain concepts, and often due to the complete lacking of a real business model, the tokens of such companies follow the path of infinite price decreasing, up to complete depreciation. And this is not a consequence of malicious actions by manipulators who organized a long “bear game”. Rather, the fall of the market is a consequence of the complete unsecured of assets and the lack of secondary demand in the available markets.

• Reliability. Every investor considers an asset like perspective realizing of products declared by companies, even in cases where the asset used as a speculative instrument only. Investors evaluate the potential of new markets in attracting trade volumes, through company communication with the community, advertising or partnerships, and product introduction into the business infrastructure. In the end, every speculator wants to be sure that this market will not disappear tomorrow.

• Security. Crypto market is young and belongs to the incipient market. Technology from time to time give technical security failures. Thefts are not rare in the crypto market, which negatively affects the development of trading platforms and the value of assets.

• Risk control. In addition to technical safety, we note economic security. Exchange instruments represented by crypto assets are high-risk, and the majority of traders do not appreciate the need to fix losses in order to further participate in exchange trading. Besides, many exchanges are equipped with a weak technical infrastructure that is failing, which implies more risks.

I will not disregard your additions. If you have read to the end, please leave your comments.

[tuthienloc92bk]

Hello Saturn team,

I have read your whitepaper and taken a look in your website but I cannot find out the information about soft cap and hard cap. Could you please provide it?

Thank you.

[zykov_dm]

Hello Saturn team,

I have read your whitepaper and taken a look in your website but I cannot find out the information about soft cap and hard cap. Could you please provide it?

Thank you.

Hello, tuthienloc92bk !

Answer your question.

Soft Cap
The minimum amount required to launch Saturn Black platform is $ 1,000,000. This is the money that will be spent on product refinement, legal support and maintenance of staff. For current date, the project has collected less than this amount, but this does not prevent us from working. We started to implement the platform with our own funds and are ready to submit the first demo version of the atomic exchange on December 12, which we wrote earlier.

Hard Cap
Based on the model of issue and distribution of XSAT tokens, you can easily calculate the Hard Cap. It is equal to 93,750,000 $. These are 750,000,000 XSATs offered for purchase, multiplied by the maximum price of the token at the Token Sale Public stage of $ 0.125 for 1 XSAT. We wrote about it in White Paper. page 19.

Detailed answer in our blog

Thank you for your question. If there are additional questions - ask.

[zykov_dm]

The Saturn Black team launches a voting for crypto assets in order to identify market demand for them amongst the crypto players.
We will contact community project leaders to give access to voting to a wide range of crypto players.

We invite teams and the community of crypto projects to participate in the voting.

Details in our blog on Medium

Link to vote on our site

[Yaiko08]

It looks like this project is interesting to follow, and it seems that it is also promising because seeing the team is always active, hopefully in the future this project will be more and more supportive and successful as expected.

[o48o]

10 percent for a bounty program is the highest i have seen. Aren't you afraid of the bounty dump pressure that would destroy the price?

[Ohgreatanotherone]

10 percent for a bounty program is the highest i have seen. Aren't you afraid of the bounty dump pressure that would destroy the price?

Exchanges don't tend to get rekt by dumps especially if they already have a working platform to provide liquidity and absolve the initial sell-offs. Been following Saturn's development and it's exciting to see all the features that they've got planned.

[Abeleez]

#Proof of Authentication
Campaign: content
BitcoinTalk username: Abeleez
BitcoinTalk profile link:https://bitcointalk.org/index.php?action=profile;u=2084674

[RedenBlack13]

The intent of this project is interesting because it goes straight to the core of one of the main problems in the current market (indeed, how many successful ICOs are destined just to a slow agony? and why?).

Even if the suggested solutions cannot solve by themselves such a big systemic problem, it's good that some players are moving in this direction.

[jaksone]

Are there plans to destroy unsold Saturn tokens in the fundraising process? reminded of the many supply of Saturn tokens provided in this project which are useful for stabilizing prices when these tokens are released on exchange

[zykov_dm]

10 percent for a bounty program is the highest i have seen. Aren't you afraid of the bounty dump pressure that would destroy the price?

10% is really a lot. But we do not plan to distribute the share of the bounty for the time of Token Sale. We will distribute the entire volume in about 1.5 years. Therefore, it should not affect deadly.

[zykov_dm]

Are there plans to destroy unsold Saturn tokens in the fundraising process? reminded of the many supply of Saturn tokens provided in this project which are useful for stabilizing prices when these tokens are released on exchange

Unsold XSAT tokens,

• to provide additional liquidity and support purchasing demand inside Saturn Black services
• distributed by airdrop among investors
• partially burned

The final decision about appointment of unallocated tokens will be made by the Saturn Black team after the closure of the Public sale of tokens.

[rodney0404]

Hi Community!

I'm proud to announce that the ANN THREAD is now available in FILIPINO: https://bitcointalk.org/index.php?topic=5087530

[zykov_dm]

Hi Community!

I'm proud to announce that the ANN THREAD is now available in FILIPINO: https://bitcointalk.org/index.php?topic=5087530

Thank you!

[rodney0404]

Hi Saturn Community!

I'm proud to announce that the BOUNTY THREAD, ANN THREAD, WHITEPAPER, WEBSITE and ONE PAGER is now available in FILIPINO.

Bounty Thread: CLICK HERE
ANN Thread: CLICK HERE
Whitepaper: CLICK HERE
Website: CLICK HERE
OnePager: CLICK HERE

[zykov_dm]

Team Saturn Black wishes the crypto community a happy New Year!

[zykov_dm]

Partnership Announcement. Bancibo – payment system on Saturn Black

An important element in the implementation of the Saturn Black business model, without which it is impossible to imagine an increase in the liquidity of the crypto market, is the realization of free conversion of crypto assets into money.

Since January, 2019, Saturn Black activates over-the-counter trading for EURO and U.S. Dollar. At the initial stage, the range of instruments traded for fiat currencies will be represented only by Bitcoin, Ethereum and XSAT token. Orders for payment from a bank account will be made through our partners – the payment system Bancibo.

Read more... https://saturn.black/partner-bancibo-payment-system-on-saturn-black/

[Dr.Sponge]

Since there is a new payment system which allow us to pay using fiats called bancibo. Does this bancibo platform needs kyc procedure before sending my fiats?

[TechComputer]

Hi Saturn Community!

I'm proud to announce that the BOUNTY THREAD, ANN THREAD, WHITEPAPER, WEBSITE and ONE PAGER is now available in FILIPINO.

Bounty Thread: CLICK HERE
ANN Thread: CLICK HERE
Whitepaper: CLICK HERE
Website: CLICK HERE
OnePager: CLICK HERE

It's great that you have translated all the topics without no grammatical error. But i wonder what is the purpose of translating the bounty thread?