Cryptocurrency: SaTT - Project Review

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PRESENTATION

"The future is in the chain; blockchain technology that prevents everyone from cheating!"

It is no longer doubt that Blockchain is presently the most revolutionary technologies that are emerging in the field of information technology, that help to connect data (blocks)chronologically so as to be able to form an inalterable and traceable records of transactions through the process of maintaining a shared ledger in a network on multiple nodes. Blockchaintechnologypossessa core value which lies in the establishment of a secure and inalterable distributed ledger system.

According to the technical assurance of cryptography, peer-to-peer network communication, distributed consensus protocol, smart contracts and other technologies,it gives room for multiple participants to make use of the blockchain ledger system as a basis for trust for multiple-party transactions, that help to get rid of the need for any additional trusted third parties which allows for low cost and low delay information exchange and transaction processing as well as efficient circulation of digital value.

The innovation for future with high quality and make comfortable for all contributor and give the best of services in platform , make the best of controlling on decentralized network for make stabling of all condition ecosystem on platform to make as well and make this platform has a big community for support and make more interaction and transaction so that make this platform growing in future and then value this platform growing in future, building the best of platform with high on services and keeping on growing for make innovation with different so this platform make all client comfortable to use and with high on secure for controlling all condition and providing for all connection platform to make as well so that makes this platform fast growing potential in future.

Blockchain technology is offering real change for everything from global industries to communication methods. Thanks to its transparency, increased trust, and decreased reliance on third-parties, blockchain technology is being used to store business data, authenticate images/videos, and even decrease insurance costs. Because a blockchain distributed ledger is very difficult to corrupt, greater trust is achieved in decentralized data. In order to change the data on the ledger, everyone on the distributed ledger would have to agree to the data change (not going to happen!).

OVERVIEW OF THE PROJECT

SaTT will change the transaction between advertisers and content editors to be instant, transparent and secure! The SaTT is an ERC20 token created to facilitate advertising transactions with a smart contract. No more late payments or expensive banking services. A decentralized system for quantifying the results of a campaign thanks to third-party applications and smart contract.

The SaTT is a «token utility» based on blockchain technology that allows the exchange of advertising and audience payment. SaTT is regulated by a Smart Contract which lists advertising offers with all data held securely in the Ethereum blockchain. The Smart Contract sets the conditions for participation in campaigns, quantifies the success, and guarantees the final remuneration. The Ethereum blockchain is fast, inexpensive, safe and versatile allowing distribution of rewards on the internet traffic market more equitable by removing all the constraints induced by centralized intermediaries.

The Problem

Until now, there was no simple and effective offer to meet this need: it was human work, agency work. Advertisers and publishers in many ad networks must rely on centralized ad agencies without being able to verify the statistical results provided, which can be skewed making campaigns more expensive. In the case of a technical failure on a centralized platform, all ad campaigns stop working until the incident is resolved and if a centralized network is hacked, hackers can access all accounts in the system.

The traditional business model of traditional and centralized advertising agencies is based on a prohibitive cost of entry and monthly billing for the services provided. The minimum fee for using their interface ranges from several hundred to thousands of dollars per month and affiliate commission payments can take several months, resulting in significant transfer fees and can even be blocked in the event of a minimum billing bill.

Our Solution

The blockchain is a decentralized and distributed database that guarantees the integrity of data and transactions. Thanks to the blockchain, advertisers and their campaigns are not connected to each other. Thus, they are not all affected by hacking or malfunctioning. Thanks to the Smart Contract SaTT, ads and transactions are governed by modules of autonomous beings secured by the Ethereum blockchain. In the event of a malfunction of a module or Oracle, the integrity of other advertisers’ ads is preserved.

The transaction cost is divided between encryption and Oracle modules according to the needs. Therefore there is no minimum monthly billing. The competition between Oracle modules guarantees a high level of service and competitive rates. By using SaTTs, payments are immediate as soon as the success criteria are met. Payments are not subject to transfer fees or currency conversion fees, providing the industry with significant cost savings.

How It Works

The Smart Contract SaTT allows the advertiser to run ads based on its performance goals and can track the evolution of its advertising campaign on the interfaces that it used to use as Google Analytics, Instagram, Facebook Analytics thanks to Oracle module connections relaying information between the Smart Contract and a data source to define the parameters of a transaction. Thanks to the blockchain, the publisher is guaranteed that the campaign is provisioned and that it will be paid as soon as it satisfies the conditions set by the advertiser or the campaign end date defined in the transaction. Once the objectives are achieved, the Smart Contract triggers the transaction automatically and the specified funds are transferred directly to its portfolio net of the commission paid to the Oracle modules.

Blockchain and Tokenized Economy

The Smart Contract SaTT works in a decentralized and distributed way. The blockchain will include all current offers allowing any API or platform to perform operations whether it is the creation as part of an adbuilder, the display to make an ad directory, or in Oracle for example by providing the statistics needed to validate and quantify the transaction. To make the SaTT more liquid, we will install the PayBySaTT function on our application store and offer an SDK for third-party developers so that many products and exclusive events are payable in SaTT.

Token Information

Token: SaTT

Platform: Ethereum

Type: ERC20

Price in ICO: 0.4200 USD

BONUS

Pre ICO 100%

Step 1 50%

Step 2 30%

Step 3 20%

Step 4 10%

Tokens for sale: 68,000,000