Today, the status of gold as a standard of value goes into digital field. Bitcoin - digital gold. Bitcoin is limited in quantity, requires mining costs and is used as payment instrument. The launch of Bitcoin has led to the emergence of software in the industry based on the blockchain technology and the emergence of Bitcoin analogs, offering to solve actual problems or expanding infrastructure for using Bitcoin. Due to the fact that the share value of the total Bitcoins is estimated at 50% capitalization of a crypto market, others digital assets are called “Altcoins”, implying "an alternative asset Bitcoin.
The creation of over 2000 altcoins led to the emergence of followers and development of a speculative market of crypto assets, which can be conditionally divided into 2 types:
- Cryptocurrency is a unit created as a universal payment instrument based on computer encryption protocol and not controlled by third parties, such as governments and central banks. Decentralization is an essential sign of cryptocurrency.
- Token is a payment unit created as a payment instrument inside infrastructure environment of the company, with partially or fully centralized device. Tokens can be secured and unsecured. Below, we will return to this issue. Sometimes tokens are compared to stocks of traditional companies.
Problem of the crypto market
The lightning-fast growth of the capitalization of the young crypto market to a value over 800 billion USD was replaced by a tendency of a long fall to values 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 are excluded from list of exchanges.
About Project
Saturn is a platform for direct cross-chain exchange of crypto assets Decentralized protocol – a symbiosis of the convenience of direct atomic exchange and the reliability of a third party guarantor. Legal and secure transactions for crypto market players. Our purpose: the creation of a qualitatively new, liquid and secure market for crypto assets.
XSAT Token as a standard for liquidity
An important role in the infrastructure and business model of Saturn, is assigned to the XSAT token. The global task of our team is to achieve token liquidity, including the use of a token as a payment instrument with the ability to instantly exchange for goods. XSAT will be used as a quotation asset in Saturn services: exchange and over-the-counter transactions, auction and escrow.
Atomic exchange protocol Swap for crypto assets
The direct atomic exchange protocol allows for the exchange of crypto assets, initially incompatible blockchains, without the participation of a third party. For example, through an atomic transaction, it is possible to exchange Bitcoin for Litecoin directly from wallets. Swap exchange protocol guarantees mutual execution of the transaction by the parties or cancellation of this transaction if the bilateral terms of the transaction are not fulfilled.
Road map 2.0
Development
Launching Saturn - First liquidity token, November 2018
Start Token Sale & launching Saturn token (XSAT). Primary sale of tokens and fundraising for launching the platform. See more information about tokens
Escrow Transactions, February 2019
Buying and selling crypto assets through escrow account for payment on a brokerage order quantity from 50 BTC.
Register and place an order
Direct atomic Swap exchange, February 2019
Launch of the atomic OTC exchange Saturn token (XSAT) in pairs with BTC & USDT. Go to exchange
Listing XSAT token on crypto exchange, March 2019
Buy Saturn token now with +150 crypto assets. Go to purchase
Issue of a Saturn Black payment card, April 2019
Saturn Black X – payment card with an annual limit of €300,000. Limit edition for holders of 10,000 Saturn tokens. Daily payments, brokerage account, purchase of crypto assets online at market price, cash around the world and many bonuses for cardholders. Pre-order payment card Saturn Black
Mobile Payments & Broker app Saturn Black, July 2019
Mobile application Saturn Black Broker in GooglePlay / AppStore. Launch a payment system account linked to a payment card and brokerage account
Security tokens OTC trading platform, 3Q 2019
Trade with security tokens on the Saturn Black platform. Investment contracts on the blockchain with full support of a licensed European broker and simple mobile management through the application.
Model of the issue and distribution of tokens during Token Sale
- Token Standard - ERC-20 Ethereum
- XSAT Contract address:
0x0d9e614937a308438337a2999acf64fc86bf098a (Do not send anything to this address!)
Single issue 1 000 000 000 XSAT, block 6721202
75% planned to sell at Token Sale:
- Private sale. November-December 2018
Up to 250,000,000 XSAT
25% share
Price 1 XSAT = $ 0.075 - Accepted payment: BTC, ETH, EOS, BCH, LTC, XMR, XRP, DASH.
Unallocated at Private sale tokens will be offered for sale at the Pre-sale stage and at the
Pre-sale price.
- Pre-sale. Announcement in December 2018
Up to 250,000,000 XSAT
25% share
Price 1 XSAT = 0.1 $ - Accepted payment: BTC, ETH, EOS, BCH, LTC, XMR, XRP, DASH.
Unallocated at Pre-sale tokens will be offered for sale at the stage of Public sale and at the
price of Public sale.
- Public sale. 1Q 2019
Up to 250,000,000 XSAT
25% share
Price 1 XSAT = $ 0.13 - Accepted for payment: more than 300 cryptocurrencies (See the full list at saturn.black)
For questions about Token Sale you can write to us sale@saturn.black
Conclusion
While this material was being prepared, the indexes that formed the basis of the calculations could have changed, and we do not know what changes will come tomorrow. The market is a living organism, where each player affects the overall condition. Markets are cyclical, it has always been like that and it will be like that. Growth is caused by purchases, and falling - sales.
The exchanges are moving into digital area and most of the modern market-players did not stand in the trading halls, where the atmosphere of excitement drives people, eager to get rich. But, as before, behind the quoted numerals, the same players are hidden, who are driven by excitement and dreams.
Official resources of the Saturn Black project:
- WEBSITE: https://saturn.black/
- TELEGRAM [CHANNEL]: https://t.me/saturnblack
- TELEGRAM [CHAT]: https://t.me/saturn_ENGchat
- WHITEPAPER: https://saturn.black/wp-content/uploads/2018/11/saturn-white-paper-eng-1.0.1.pdf
- ONEPAGER: https://saturn.black/wp-content/uploads/2018/11/Saturn-One-Page-1.6.2.pdf
- ANN THREAD: https://bitcointalk.org/index.php?topic=5075635.0
- FACEBOOK: https://www.facebook.com/Saturn-Black-200220127527617
- TWITTER: https://twitter.com/saturn_twitt
- MEDIUM: https://medium.com/saturn-black
- REDDIT: https://www.reddit.com/user/Zykov_D/comments/a370st/saturn_black_liquidity_provider_for_crypto/
- INSTAGRAM: https://www.instagram.com/saturn_xsat/
- BLOG: https://saturn.black/blog/
AUTHORSHIP:
- MY BITCOINTALK USERNAME: Wir shtrez22
- MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1975700
- MY ETH ADDRESS: 0x9e6b28E53E9a614Acf0Cb423706F81bbB636EA88