Introduction.
At present, the status of gold is the standard of entry into the digital field Bitcoin - digital gold. Bitcoin is limited in number, requires mining costs and is used as a payment instrument. The launch of Bitcoin has caused the emergence of software in the industry based on blockchain technology and the emergence of analog Bitcoin, offering to solve actual problems or expand infrastructure to use Bitcoin.
The creation of more than 2000 altcoins led to the emergence of followers and the development of speculative markets for crypto assets, which can be divided conditionally into 2 types:
Cryptocurrency is a unit created as a universal payment instrument based on computer encryption protocols and not controlled by third parties, such as the government and the central bank. Decentralization is an essential sign of cryptocurrency.
Tokens are units of payment that are made as payment instruments within a company's infrastructure environment, with partially or fully centralized devices. Tokens can be secured and not safe. Below, we will return to this problem. Sometimes tokens are compared to traditional company stock.
And the crypto market can be compared to traditional speculative stock markets, where altcoin quoted assets and Bitcoin are asset quotes._
Saturn is a symbiosis of comfort & security of atomic exchanges directly from crypto assets and the reliability of third-party guarantor.
Our goal: creating an over-the-counter market that is qualitatively new, liquid, and safe. Saturn launches the Exchange and OTC trading platform for Cryptocurrency based on the Swap chain exchange protocol. The Saturn team plans to provide P2P exchange services for traders, investors, companies and brokers.
Crypto market problem.
The rapid growth of crypto young market capitalization to a value of more than 800 billion USD was replaced by a long-term downward trend to a value below 200 billion USD. The total cost of crypto assets decreased by 75%. Some assets have lost up to 90% of the value, and some have been removed from the exchange list.
During the market crash, investors lost around 600 billion USD of their crypto assets. In the long stay of the crypto market at the bottom, the price of some assets continues to renew the minimum. Such asset owners gradually lose confidence in the market's ability to grow and begin to get rid of depreciating coins and tokens, which exacerbates the market situation.
Insecurity
Most crypto currency exchanges are vulnerable to attacks, hacking, theft, and fraudulent activities because crypto currencies become mainstream. The attacks from various hacking groups starting in 2011 and after, have caused many security problems.
In 2017, $ 266 million was lost by the exchange and $ 731 million was lost in the first half of 2018. There were predictions by security experts about attacks, crackdowns, fraud, and larger scale theft because more and more people were receiving crypto currencies.
Inadequate supervision of the system and lack of good customer support:
Most exchanges lack supervision and compliance systems that can protect them from suspicious activities that can negatively affect them both during pre-trade and post-trade. There is no form of analysis that can protect them as well as no customer service that they can run when they want help / support, are affected or have become victims of some dangerous activities that do not guarantee safety or give them confidence when trading.
Also, traders are not always right to get live chat 24/7/365 in various languages. This is also a discouraging factor for investors.
Scalability Limits:
The massive influx of new traders and investors entering the cryptosystem has brought an increase in transactions every day which leads to a slowdown in the registration and transaction process.
Market Manipulation:
So many unfair and volatile activities such as spoofing, washing-trade, ignition momentum for pumping and dumping occur in the crypto market which emerged as a result of a lack of regulation in the system.
The community no longer believes in the crypto market's main tools:
The cryptocurrency market requires new values and new ethical standards in business management.
Crypto market solution.
Saturn provides P2P exchange services for traders, investors, companies and brokers. and a series of studies to help find new methods in crypto market maturation and increase land liquidity so that each user develops along with this platform, each project will get an audit and liquidity from the token version, what future goals are part of the strategy on the market, so that each the element will move the decomposition as a crypto player community and create new markets that are liquid and secure the free market.
Saturn offers two-way liquidity for many assets independently. This will benefit the price. The Saturn Swap Protocol to exchange commission fees is different from other exchanges where there is an additional commission that reaches 0.2 percent for each exchange transaction, 0.5 - 5% for each over the counter trade and 1 - 5 percent for auction transactions. but the final provisions regarding fees will be decided at the launch on the market.
Swap atom exchange protocol for crypto assets.
The direct atomic exchange protocol makes it possible to exchange crypto assets, initially blockchain is not compatible, without the participation of third parties. For example, through atomic transactions, it is possible to exchange Bitcoin with Litecoin directly from the wallet. Swap exchange protocols guarantee reciprocal execution of transactions by parties or cancellation of these transactions if the provisions of bilateral transactions are not met.
In our example, Bill has Bitcoin, and Sarah has XSAT tokens. Say, Bill wants to buy XSAT tokens from Sarah, and Sara is ready to sell them to Bill's Bitcoin. Through the Swap protocol, Bill and Sarah make transactions, accept counter assets, provided that each fulfills the transaction conditions. If the requirements are not met unilaterally, nothing happens and more importantly, the loss of the crypto assets planned for the exchange does not occur. The exchange described in the example has been applied in the Swap protocol.
XSAT is a liquidity token from the Saturn Platform.
The token liquidity model is based on flexible exchange options for more than 300 cryptoactive assets, within the Saturn Platform and free XSAT conversion to the main assets quoted: Bitcoin, Ethereum, US Dollar.
The team plans to use the funds collected in exchange for XSAT tokens, to ensure asset liquidity requested by the community. For this purpose 51% of assets will be used, from the total amount of assets collected. The remaining part of the collected funds will provide reserves that will be used for the development and progress of the company.
XSAT tokens play a very important role for platform liquidity because this is important in SATURN's business model and platform infrastructure. XSAT tokens will be used as quotation assets in Saturn's services such as exchange and overtraction of transactions, auctions and escrow.
- Standard tokens - ERC 20
- XSAT contact address - 0x0d9e614937a308438337a2999acf64fc86bf098a
- Allocation of single tokens - 1 000,000,000 XSAT.
- Private sales, this stage starts 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 stage and platform development.
- Payments received include BTC, ETH, EOS, BCH, LTC, XMR, XRP, DASH.
- Pre-sale, this will begin after the completion of Personal sales and the atomic swap swap launch from XSAT tokens on the Saturn platform. Pre-sales will continue for 2-4 weeks. With the opening of sales to various buyers, we plan to implement XSAT atomic transactions with 100 cryptactive assets. Our team plans to open Presale in mid-December. The final decision about the start date of the stage will depend on fulfilling the objectives set by the team at the Personal sale.
- General sales, Initial general sales are scheduled for January 2019. Our team has to do a lot of work in all previous stages, so it is not possible to know the exact date of opening Public sales. In the Public sales stage on the Saturn Platform, it will be available to purchase XSAT tokens in return for around 300 crypto assets.
The remaining 25% is not planned for sale during the sale of tokens. 100,000,000 are reserved for gift programs and 100,000,000 are distributed to the project team. It's amazing isn't it? Be part of this great innovation, be part of the SATURN PLATFORM.
At each stage, the price of XSAT and a list of received cryptoactive assets are different. Up-to-date information about cost changes and the start of a new phase will be available on the project's website.
After completing the Sales Token, the Saturn team will continue implementing the road map article. The XSAT Token will be available for trading on our platform, after completing the Sales Token. Also, during project implementation, following the principles of reasonable prices, we plan to place XSAT on the popular crypto exchange.
XSAT token problem and its distribution model, Single problem 1,000,000,000 XSAT.
Personal sales
XSAT is not available for sale
1XSAT = $ 0.075 Completed December, 22
148,100,000 XSAT
transferred to Pre-sale
Pre-sale
XSAT is not available for sale
1 XSAT = $ 0.115
Finish February 6
388,700,000 XSAT
transferred to General Sales
638,000,000 XSAT
1 XSAT = $ 0.13
1 XSAT = $ 0.13
more than 300 crypto assets are available for payment. Pay attention to community voting. The full list will be published before the start of Public sales.
Token Info: Token
- Name: SATURN
- Platform Token: Ethereum
- Token Type: ERC223
- Price at ICO: 0.0092 USD
- Accept Payment: ETH
- Distributed at ICO: 50%
- Tokens for sale: 500,000,000
- SoftCap: 1675 ETH
- HardCap: 10,000 ETH
Roadmap
- Saturn Launching - First liquidity Token, November 2018
Start Sales Token & launch Saturn Token (XSAT). Sales tokens and major fundraising to launch platforms. See information more about tokens
- Escrow Transactions, February 2019
Buy and sell crypto assets through an escrow account for payment on brokerage order amounts of 50 BTC. Register and place an order
- Direct atomic exchange, February 2019
Launch of OTC atomic exchange, Saturn tokens (XSAT) in pairs with BTC & USDT. Go to exchange
- Register for XSAT tokens in crypto exchanges, March 2019
Buy Saturn tokens now with +150 crypto assets. Go to buy
- Issuance of Saturn Black payment card, April 2019
Saturn Black X - payment card with an annual limit of € 300,000. Edition limit for holders of 10,000 Saturn tokens. Daily payments, brokerage accounts, purchase of crypto assets online at market prices, cash worldwide and lots of bonuses for cardholders. Pre-order payment card for Saturn Black
- Payment Application & Saturn Black Mobile Broker, July 2019
Saturn Black Broker mobile application on GooglePlay / AppStore. Launch a payment system account that is linked to a payment card and brokerage account
- OTC trading platform security tokens, 3Q 2019
Trade with security tokens on the Saturn Black platform. Investment contract on the blockchain with full support from licensed European brokers and simple cellular management through the application.
Saturn Platform Team:
Supported by Partners.
The Saturn Black business model focuses on partnerships with time-tested companies. Our team is happy with investors and projects interested in integration. Join the community!
Conclusion.
The Saturn exchange will create a new approach to exchange crypto assets with the cryptocurrency market. With the advantages of Saturn's services, this will offer more flexible and liquid transactions. The Saturn Black will be a safer, more fluid and faster exchange.
Saturn social media channel:
- Website: https://saturn.black
- Bitcointalk Utility: https://bitcointalk.org/index.php?topic=5075635.0
- Whitepaper: https://saturn.black/wp-content/uploads/2018 / 11 / saturn-white-paper-eng-1.0.1.pdf
- Facebook: https://www.facebook.com/Saturn-Black-200220127527617
- Twitter: https://twitter.com/saturn_twitt
- Instagram:https: // www .instagram.com/ saturn_xsat /
- Blog: https://saturn.black/blog/
Telegram:
- Saturn Official Group: https://t.me/saturn_ENGchat
- Saturn Official Channel: https://t.me / Saturnblack
- Saturn Official Award: https://t.me/joinchat/JdHS-FjKRv21ihGR2y8ZyQ
My Bitcointalk (thewoyo10) : https://bitcointalk.org/index.php?action=profile;u=2346772
My ETH Address : 0xBf48642AEd041fD1E800C52d51246ca0227b3426
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment