The recent bull market sparked huge interest from investors all around the world in the crypto market. This led to a proportional increase in adoption due to which a lot of altcoins saw a tremendous amount of growth. This also brought projects like SafeMoon into the market which focuses solely on token holders and how they can benefit from this overall procedure. The issue with such coins and all the meme “to the moon” coins have touched their saturation points and only a few show actual potential when it comes to giving value to investors.
SAT is a new entrant in the market which is working specifically on this front. Even in the initial phases, the team is aiming to reward SAT token holders greatly. Any investors who wish to hold these tokens long-term, starting from the pre-sale to an announced deadline, will be promised a reward by a simple mathematical formula. If an investor successfully holds the token till the end of the deadline, he would get an amount equivalent of his holdings multiplied by 1.05 every day till the announced date. Anyone around the world can take part in this presale by joining the Telegram community channel of the team. The first 1,000 holders would also be eligible for an extra reward which would be a glimpse of how this token would work in the future.
The “wealth” making doesn’t stop after the presale phase. The long-term and loyal token holders would get periodic chances to multiply their holdings. Every 2 years, the team would announce 2 dates on which the holding wallets would see their holdings multiplied given that they respected the given time period of no transactions. Simply put, if you hold long enough, your holdings would be multiplied with a factor up to 50.
Now that we’ve established that this token is most valuable if held for a long period of time, there are other use cases to this token as well. The parent company deals in information technology and software and they have built a lot of products in the field of AI and other IT sub-niches. All token holders would be eligible to use these products for free. The projects would be financed by the token as well which makes this a two-way value provision system.
Currently, the project is in a presale phase after which the full launch is expected to be in September 2021. After the launch, the token will be available on multiple exchanges starting from PancakeSwap. Apart from this, SAT also has long-term plans of forming their own blockchain and exchange in the future.
All in all, the project is still in its state of infancy but shows a lot of promise due to the strong IT products that back the SAT token. The team is full of energetic and highly qualified individuals which are focused on marketing as well as developing the token. Given that the project progresses as mentioned in the roadmap, we might be able to see another token to the moon not a lot later than the launch date in September.