Saon Token: Utilizing the Ethereum blockchain for a new way to invest in Crypto

[SaonToken]

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/SaonToken
We 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/693357932489736193/693357933144309762

We 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)

[CaVO32]

This is a very generic goal here. In not so good scenario, what if you haven't achieved success in your initial exchanges? Are you still moving forward with this goal? also, we can't extract much on your website. i don't know if people will gonna invest on a project like this in these trying times. you have to give more solid objectives here.

[necromastery]

So indirectly you do an IEO by putting your token in dex, I doubt anyone will buy, because IEO that even takes place at a paid exchange is quiet of enthusiasts and often fails, especially those who held only with capital of dex. Come on dude, everyone today won't be easily fooled by tokens that don't have special uses and active products.

[bgaf]

Very interesting and quite loaded with details. It seems like your project has so many accomplishment and plan to do. However, based on this announcement we could already say and depicts that the project has no potential at all. Sorry for a sarcastic introduction. Thats usually is the lines of the typical spammers.

Website = really no content, come on how would you produce a kids art like that.

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.

How can a free token generator needed funding? Using eth smart contract, yeah right no need to worry about functionality cause its only purpose is just to be display and sell to idiots that will believe on this kind of aspect. Sorry but not gonna buy this children project of yours.

[SaonToken]

This was my first draft and my goal was to get constructive criticism and maybe some assistance with making my idea cohesive.

Thank you all for responding, although the responses were not what I was hoping for I appreciate it nonetheless

Take care