Singapore, 18th September, 2020 – The SaTT project has recently been making waves with its ICO token sale, closing over USD 1 million within 48 hours, and hitting the soft cap of USD 3,360,000 all within a week.
As of reporting time, the SaTT ICO has raised almost USD 4.2 million with close to 13,600 addresses of SaTT token holders.
Even before the end of the ICO, the smart advertising marketplace project has already got itself listed on two leading digital assets trading platforms – a centralized exchange (CEX) KuCoin and a decentralized exchange (DEX) Uniswap.
“To all who believe in SaTT and continue to express your amazing support for the SaTT token sale, as a show of our tremendous appreciation, we are going ahead of schedule with our token listing on September 24,” SaTT CEO Gauthier Bros expressed his heartfelt appreciation.
“KuCoin is a world-class digital asset trading platform and we are proud to be listing on such a reputable exchange,” added the SaTT CEO. “For the DEX supporters, we have selected UniSwap, the leading decentralized permissionless exchange.”
Johnny Lyu, KuCoin global CEO, chimed in, “KuCoin has always been the home of crypto hidden gems, and we are happy to support more promising blockchain projects with our various financial services like trading, staking and more. Digital advertising is a billion-dollar market and we have seen SaTT’s potential to develop a new advertising solution with lower costs and more transparency.”
The SaTT Story – Working Product Vs. Hype
To be sure, the SaTT project team was not short on advertising experience. Having been founded by none other than Atayen, Inc., the iFrames app developer for business pages on Facebook, the team had dealt with a customer base the likes of Coca Cola, starbucks, McDonalds and Nike, amongst others. Aptly armed with a viable use case from its years in advertising, the SaTT project was keenly aware of the ills and challenges facing the advertising industry.
This was during the 2018 ICO hype, when countless projects without a product or a use case launched hyped-up ICOs. SaTT chose to keep its main focus on delivering a working product.
Over the past two years, the SaTT team has been laboring over getting its blockchain advertising platform ready for enterprises and businesses, conducting multiple tests on blockchain oracles to retrieve off-chain data from 3rd-party API of social media platforms like Youtube, Twitter, Facebook, Instagram etc.
Since Q3 2020, the SaTT platform has been fully launched – the fruit of consistent hard work. Equipped and ready, the SaTT platform is eager to take on the advertising mantle for the brands of the world.
Last week, the SaTT token saw its ICO sale reach a level of fervour largely unheard of in today’s ICO terrain. Having grown a strong following throughout its development stages, SaTT has loyal supporters who rallied behind its token sale.
SaTT’s ICO success is a worthwhile reminder that good old-fashioned persistence and hard work pays off, calling to mind Henry Ford who famously said, “Quality means doing it right when no one is looking.”
Keeping Community at the Forefront
SaTT token holders will be able to start making deposits in preparation for trading beginning September 24th. Trading pairs will be announced when deposits open on the exchanges. SaTT social channels will be announcing more exact timings as well as other detailed information.
Meanwhile, SaTT remains committed to their community and will be making listing partnerships with credible exchanges that have been vetted safe for users. Besides KuCoin and UniSwap, SaTT has also revealed that it has five additional exchanges lined up, to be announced at a later date.
SaTT, which stands for Smart Advertising Transaction Token, is a utility token that enables advertisers to buy smart advertising services on its ethereum-based dApp. All transactions between advertisers and influencers/publishers are governed by the SaTT smart contract which ensures speed, transparency and security, and is cost-efficient.
The SaTT dApp helps to quantify ROI by using Oracles to retrieve data from 3rd-party API of social media platforms like Youtube, Facebook, Twitter, Instagram etc. Actions performed, such as LIKES, SHARES, VIEWS, TWEETS etc. can then be evaluated and if all criteria is successfully met, payments are triggered automatically from the advertiser’s preloaded budget to the wallet of the influencer/publisher. Fast, tamper-proof, secure and cost-efficient, the SaTT smart advertising system is a perfect use case of the ethereum smart contract. https://satt-token.com
KuCoin is a world-class blockchain asset exchange, also known as “The People’s Exchange”. Offering 200+ cryptocurrencies, KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. https://www.kucoin.com
Uniswap is a protocol on Ethereum for swapping ERC20 tokens. Uniswap is designed for the community to trade tokens without platform fees or middlemen. Uniswap provides liquidity using a simple math equation and a pool of tokens without the need to match buyers and sellers. https://uniswap.org