Please check us out at
www.saontoken.com. Good info and resources on how you can participate in our token.
Follow us on Twitter @SaonToken:
https://twitter.com/SaonTokenWe are also giving away tokens to jump start the exchange volume. The details can be found on our Twitter (Don't want to break the rules of the forum so I hope I'm not by mentioning it).
You can also find our discord:
https://discordapp.com/channels/693357932489736193/693357933144309762We have decided to not do an ICO and are going to push forward with going straight to DEX exchanges. We decided to do this as our token does not require intensive initial funding to function and would like the community to decide on the value of what our token represents.
Below is more information on Saon Token. We would greatly appreciate any support this community can give:
With the majority of the proceeds Saon produces, we will re-invest back into the crypto exchanges. Saon will hold both large cap and small cap coins, buying and selling to increase Saon value and increase stake in each of the coins we are investing in utilizing both long term and short term investment techniques. Saon will also have 100% transparency posting what Saon holdings are, amounts held, and coins being mined at what hashrate. Saon mining operation will be large scale in the most forward thinking and profitable coins available utilizing the most efficient mining equipment available.
Saon goals are to increase stake in the cryptocurrency ecosystem thus increasing the value of the coins we invest as well a the value for Saon. We feel that the entire crypto-economy is linked together, and that increasing the availability and value is the only way forward towards full scale adoption of the decentralized. There will be a time in the near future where crytocurrency is the main currency of the internet and Saon will position itself to be at the forefront. Once Saon has achieved major exchange placement we will begin our campaign for mainstream adoption of our token. This will including making Saon as simple as possible for individuals with no crypto experience to buy and hold Saon. Also, utilizing freed capital to invest back into marketing strategies giving Saon a less foreign and much more approachable appeal
We at Saon have completed our initial token creation and distribution plan. SAON is built on the Ethereum blockchain and is an ERC-20 token
1. 210,000,000 SAON will be created and that is all there will ever be created
2. 60% SAON will be utilized for both straight sale and exchange implementation (126,000,000 SAON)
3. 20% will be team held (42,000,000 SAON)
4. 10% will be held in reserve for the ongoing costs associated with running Saon (21,000,000 SAON)
5. 5% will be used for initial marketing (10,500,00 SAON)
6. 5% will be used for legal (10,500,000 SAON)
