Preliminary
At present, the status of gold is the standard of entry into the digital field. Bitcoin - digital gold. Bitcoin is limited in quantity, requires mining costs and is used as a payment instrument. The launch of Bitcoin has led to the emergence of software in the industry based on blockchain technology and the emergence of analog Bitcoin, offering to solve actual problems or expand infrastructure to use Bitcoin. Due to the fact that the value of total Bitcoins is estimated to be 50% capitalization of the crypto market, another digital asset is called "Altcoins", implying "alternative Bitcoin assets».Crypto market problem
Lightning-fast growth of the young crypto market capitalization for a value of more than 800 billion USD was replaced by a long downward trend for 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 have been excluded from the exchange list.The property required for the development of the market
- Liquidity - the ability of an asset to convert into cash. Market ability to realize the demands of investors and speculators, to buy and sell assets at a volume that is in line with the current market, demand for withdrawing cash for this market. The lack of opportunities to enter the market with an amount that exceeds the current bid is a barrier to increasing cash flow in this market.
- Provisions - real assets that provide the value of trading instruments. The Saturn Hitam team believes that most of the crypto assets on the existing market are truly unsafe. Because the youth market and the composition of the traders, most professionals do not trade in this market, companies that issued the crypto assets have attracted large sums of money in the currency of crypto, promising a price increase that will come in the future without the presence of a real product. In fact, some projects have been successful, hit a wave of public interest in increasing the crypto assets and their prices rise at the end of 2017 - at the beginning of 2018, such as the pioneering market price increases, Bitcoin, Ethereum, and others. According to data published by Forbes, at the time of mid-December 2017, the amount collected by the ICO 234 is $ 3.7 billion. The first quarter of 2018 was a record ICO - the volume of funds exceeds the amount of funds collected by the ICO in 2017. However, following the fall of the price of Bitcoin, ICO markets also fell. Crypto assets and secondary market is not ready for the influx of so many trading instruments, which amounted in 2017-2018 increased more than 2 times.
- Secondary market. Crypto assets are distributed by ICO, secondary and real market requirements using the company's product infrastructure, offering tokens for the market. Because of the lack of implementation of the most blockchain concepts, and often caused by a complete lack of a real business model, the company token follows the path of unlimited prices to decline, to complete depreciation.
- Reliability. Every investor considers an asset as a perspective that realizes the product stated by the company, even in cases where assets are used as speculative instruments only. Investors evaluate the potential of new markets in attracting trade volumes, through corporate communication with society, advertising or partnerships, and product introduction into business infrastructure. In the end, every speculator wants to ensure that this market will not disappear tomorrow.
- Security. the crypto market is young and belongs to the emerging market. Technology from time to time provides technical security failures. Theft is not uncommon in the crypto market, which negatively affects the development of trading platforms and asset values.
- Risk control. In addition to technical safety, we note economic security. Exchange instruments are represented by crypto high-risk assets, and the majority of traders do not appreciate the need to fix losses in order to further Participate in exchange trading. Besides, many exchanges are equipped with a weak technical infrastructure that is failing, the which implies more risks.
Look at the future of bitcoin market
Learn in practice crypto market of different levels of liquidity, Black Saturn team hypothesize:
A further decline expects most crypto market. Maybe in five years, up to 90% of trading instruments crypto in the market may disappear, for the following reasons:
• Practical uselessness of technology and competition
• Bankruptcy of companies beneficiaries of assets
• Strengthen government regulations
• Thefts and technical failures
Market Capacity covered by Saturn products
We have already mentioned above that the market has lost 75% of capitalization in less than a year. The cost of lost capitalization is 600 billion USD.
At the beginning of November 2018, the share of capitalization of the crypto market, represented by Bitcoin is more than 50%, and the total share of the TOP 10 crypto liquid assets is another 30%. Together with Bitcoin, the share of the leaders of the crypto market accounts for 80% or 160 billion USD of the current capitalization amount of 200 billion USD.
The total share of the rest 2,000 low-liquidity assets is 20% or 40 billion USD - today they cost so much in the amount of 99.5% of crypto assets. Based on the fact that the market continues to fall, our team assumes a further Decrease in the liquidity of markets and asset prices, as a result of this process. So, the proposal to exchange low-liquid impaired assets to the XSAT token with a working infrastructure for the safe trading of multiple crypto assets will increase is the relevance for Hundreds of Thousands of holders or 99.5% of
market players.
Atomic Swap for crypto protocol exchange assets
The direct atomic Allows exchange protocol for the exchange of crypto assets, incompatible Initially 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.
In our example, Bill has Bitcoin, and Sarah has a XSAT token. Let's say, Bill wants to buy an XSAT token from Sarah, and Sarah is ready to sell it for Bill's Bitcoin. Through the Swap protocol, Bill and Sarah make a transaction, receiving a counter asset, Provided each of them fulfills the terms of the transaction. If the terms are not fulfilled unilaterally, nothing happens and more importantly, the loss of the crypto asset that was planned for the exchange does not occur. The exchange Described in the example is already implemented a protocol in the Swap.
Saturn's Digital Alchemy
Compared to Alchemy, the basic task of which was to turn base metals into gold, our team made up a formula for converting the low liquidity of assets into high-liquidity assets. In the end, the goal of the experiment is getting the Gold - Bitcoin. If we Consider a single market with all the available trading pairs, then foreign exchange trading is the interaction of two or more substances - crypto assets, the which react - exchange between holders of a quoted and quotation assets. Two berinteraksi assets with other assets in all trading pairs available for the instrument. To imagine how the movement of crypto assets occurs, we tried to show it in the form of a scheme.
In Alchemy there were 12 processes of interaction of substances. Our team identified four types of reactions that exchange interest-players: multiplication, filtration, projection and fixation. Visually, it looks like the movement of the assets shown in the scheme below, where N is any less liquid assets.
The purpose of the transformation of the low liquidity of assets is to get profit in the liquid assets that we receive at the output: Bitcoin, Ethereum and others.
Model of the issue and distribution of tokens during Token Sale
Token Standard - ERC-20 Ethereum
Contract XSAT 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 payments: BTC, ETH, EOS, BCH, LTC, XMR, XRP, DASH.
Unallocated at Tokens Private sale 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 payments: BTC, ETH, EOS, BCH, LTC, XMR, XRP, DASH. Unallocated at Pre-sale prices will be offered for sale at the price of public sale.
- Public sale. 1Q 2019
Up to 250,000,000 XSAT
25% share
Price 1 XSAT = $ 0.125
* Accepted for payment: more than 300 cryptocurrencies (See the full list at saturn.black) For questions about Tokens Sale you can write to us sale@saturn.black
25% are not planned to be sold as part of Token Sale:
- Reserve for development and launch of services According to the Roadmap
Up to 50,000,000 XSAT
Share 5%
- Bounty program
Up to 100,000,000 XSAT
Share 10%
- Distribution for project teams
Up to 100,000,000 XSAT
Share 10%
Bounty program. Become part of the S
for further information, you can visit the link below:
Author
Bitcointalk Username: saiful
Bitcointalk Link Profil: https://bitcointalk.org/index.php?action=profile;u=858487
ETH addrees: 0x2BBEEA86F155668d78FB108da0Ff5725B06f6994
