SATIN

SATIN

WHAT IS SATIN?

Satin is a utility cryptocurrency token built on BEP-20 token standard on Binance Smart Chain which aims to provide decentralized means of payment for Real Estate assets, Fintech solutions and also other tangible and non tangible assets or services thereof.

 

WHAT MAKES SATIN DIFFERENT?

Unlike other cryptocurrencies startups which typically hold 30%+ for their founders, SATIN’s founders will only hold a fixed 9% of the tokens to recover their initial investment, while 15% of the tokens will be in a reserved wallet destined exclusively for burning a yearly amount to compensate inflation which will lead to the token’s value to increase and automatically increasing it’s holders value.

Secondly, SATIN is also designed to represent a payment method for acquiring real estate assets, a unique feature not shared among other other cryptocurrencies.

 

PROTECTING INVESTORS’ INTERESTS

SATIN has been designed to stand out in the cryptocurrency world through intricate Tokenomics and tools for price stability and its holders safety. The built-in features of SATIN aim to generate long term price stability. While it aims to be stable on the long run, its utility and portability will be unmatched.

Among various tools meant to protect SATIN token holders, please observe:

• Between 1% and 4% of the total supply will be burned from the special burn account in order to counter the inflation phenomenon
• Exchange SATIN for BNB at launch and many more to follow, such as USDT, BTC, ETH, etc.
• SATIN will be listed on as many top-rated exchanges, in order to give its holders unprecedented freedom.

A GLIMPSE OF THE FUTURE

The ultimate goal for SATIN is to be a global cryptocurrency for acquiring real estate and other tangible and intangible goods.Our vision spreads far beyond the classic “buy and hold” pattern which has been formed over the years. While its holders are free to store their tokens for as much as they like, we also believe that cryptocurrency does its job best when it’s moved around.Our future plans include public notaries gaining trust in SATIN and establishing wallets in order to facilitate sale purchase agreements.

 

WHAT STAGE ARE WE AT?

January, 2021Platform Idea

The origin of SATIN platform idea. Development of the concept and business plan.

February — April, 2021Attracting investment, fundraising and IT specialists

Gathering investment sources, fundraising and initial development with IT specialists — drafting the SATIN wireframe

May — June, 2021Legal compliance research

Review of various jurisdiction compliance. Selecting eligible countries for SATIN token deployment. (for further details, please read Terms and Conditions)

July — August, 2021Consolidating Advisors Team

Attraction of advisors. Development of the SATIN platform mock-up. Technical audit. Development of the cyber protection mechanics. Development of a pilot application SATIN for the future platform.

August — November, 2021Trade Enquiries

Development of a SATIN token, tokenomics calculus, total supply, smart contract and selecting appropriate blockchain fork to build the token on

November 2021 — January 2022Preparation for ICO — a.k.a Initial Coin Offering or Pre-sale

Preparation for ICO. Development of a smart contract for SATIN token release. Pre ICO conducting. Continue the development of the platform. Financial ecosystem formation.

February — March 2022ICO duration

ICO conducting between 1st of February and 1st of March. Satin tokens listing on crypto-currency exchanges. Continuing the marketing campaign to attract end-users.

March, 2022Integration with Binance Smart Chain

The platform integration with Binance Smart contracts blockchain. Start of SATIN wallet and tournament functionality development.

April-May, 2022SATIN official deploy

Official SATIN token release and deploy on high profile exchanges — date to be announced

June, 2022Development of SATIN brand and signing partnerships

Further development of the ecosystem (Goals: 30+ partners, 150,000 active users).

July — September, 2022SATIN further growth

Developing an Application Programming Interface (API) in order to integrate SATIN with international payment providers.

November, 2022Retrospective and preparing upcoming steps

1 year retrospective analysis since development and consulting the community regarding upcoming steps. A vote system will be implemented whereas the token holders can vote in a democratic poll-type system what will be the adequate steps in order to grow the Satin Network

January, 2023Further Development

Further development of SATIN ecosystem (Goals: 1,000+ partners, 1,000,000 active users).

February — April, 2023Real Estate integration

Developing a secure network which allows the payment of real estate assets with SATIN

April — July, 2023Development of own blockchain

Developing own SATIN Blockchain

SATIN TOKEN STRUCTURE

70%

Distributed to Community

15%

Locked Reserve for burning inflationary tendencies each year

9%

Founders and Team

3%

Advisors

3%

Marketing campaign

Pre-Sale

1st of February 2022 / 2PM UTC to
1st of March 2022 / 2PM UTC

Token Sale

Will begin on 20th of March 2022 / 2PM UTC

Supply

45,000,000,000 SATIN

Price

To be determined by market at Launch

Maximum Goal

Hard cap: $45,000,000
Soft cap: $1,000,000

Accepted Currencies

BNB — Binance Coin at Launch, followed by USDT, BTC, ETH and many others

Token Distribution Date

To be announced

Emission Rate

No new tokens will be created. The total supply will be fixed, ensuring holder’s interests are protected.

 

Conclusion:

Finally it can be said that SATIN is a very promising idea that has the potential to change the way cross chain swapping functions in the crypto-world. This can be very beneficial for businesses and consumers alike and will help establish a new standard of liquidity, which will eventually lead to a better market where you can find more coins at higher values.

 

Official Channels:

Website: https://satintoken.com/
Twitter: https://twitter.com/SatinToken
Telegram: https://t.me/satintoken
Instagram: https://www.instagram.com/satin.token/

 

Author

Bitcointalk Username: Marc Roca
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2853237
Telegram Username: https://t.me/KeylorNavas5
Wallet Address: 0x38114C957b16175a97f0BD8590DD47Bb5a3137b2