Sandblock’s Token Sale
Get ready! Pre-sale round starts February 28, 2018 at 2:00pm (CET)
Visit https://sandblock.io/tokensale for more information
Note: Token sale dates have been updated to reflect the latest announcements
Token sale informations
Sandblock’s token sale is set to run in two phases, the pre-sale which will take place on February 28 at 2:00pm (CET) and the sale which will take place on March 28 at 2:00pm (CET).
A total of 55 000 000 Satisfactions Tokens (SAT) will be created and 27 500 000 SAT (50%) will be available during the token sale events.
50% are available for sale during the token sale events.
30% are reserved for future partnership as an incentive to join the ecosystem.
12% are reserved for the team members (vested for 1 year).
8% will be distributed to bounty program participants (more informations here).
The pre-sale has a fixed rate during its duration while the final sale’s rate will decrease over time, depending on the amount of SAT purchased by all the contributors. Once all tier 1 tokens are sold the price moves to tier 2 and so on.
All unsold tokens will be burnt once the token sale ends, thus creating the final amount of Satisfaction Tokens available on the public market.
The token distribution will happen within 3 days after the sale ends. We are already in discussion with exchanges for listing the token on their platforms within 2 weeks after the token sale ends, the list of exchanges will be announced later.
How to participate in the token sale
The events will run on a first come first served basis. The amount of tokens for each phase is limited to the amount specified on the table above.
You can already register for the token sale by visiting
By joining early, you will be able to prepare your account and be ready to purchase Satisfaction Tokens as soon as the sale opens.
SAT — Utility token
The SAT is a tradable cryptocurrency (ERC20) on the Ethereum blockchain. It is the bridge between the consortium and the rest of the world’s economy.
Each Merchant creates its own Branded token pegged to the SAT. Branded tokens are created using SATs purchased on public markets (exchanges).
The SAT represents the total worth of the consortium. The bigger the consortium, the more valuable the SAT will be. Branded tokens confer various rights and capabilities to customers such as paying, voting, rating or accessing premium features.
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