SAT — distribution
Contract address, total supply and a general update on the distribution
Satisfaction Token
Contract address: 0x92736b3bff1bbd72a72478d78f18a6ab9b68b791
Name: Satisfaction Token
Ticker: SAT
Decimals: 18
Total supply: 42 500 000
Smart contract on Github: SatisfactionToken.sol
More information: Protocol & contract article
Security Audit
The SAT contract has been audited by the famous Digital Security company from the Econom Group.
“ The security audit review has demonstrated a very satisfying level of security of the SatisfactionToken Ethereum smart contract. No vulnerabilities nor significant weaknesses were found. ”
Total supply
The final number of available tokens is now set to 42 500 000. This number will be viewable directly on Etherscan as soon as the distribution is completed.
The full tier 4 will not be minted (12 500 000) and the remaining tokens from tier 3 (~1 240 000) will be used for future Sandblock acquisition, referral and other campaigns within the mobile application over the next 2–3 years.
Distribution
The distribution of the mobile application bounty has already been finished, you can check it directly on your account on the app. You can find more information about that here.
The distribution of the Satisfaction Tokens to all the token sale participants as well as the bounty campaigns participants is still ongoing. The transactions take quite a while as we do not want to participate in the current gas price increase (cf: https://ethgasstation.info). We expect it to be done by the end of the week.
SAT transferability
The SAT token transfer ability is not available at the moment and will be enabled as soon as the distribution is fully completed (including our partners such as Coinrail which is scheduled to re-open on July 15).
Once the token transfer is enabled, all SAT holders will have the opportunity to use their SAT as they wish.
Enabling the transferability of the token is the last step of the token distribution process. As soon as this is enabled, we will not have to ability to manipulate the Satisfaction Token anymore. This is indeed the goal of a decentralised crypto-currency and you will get notified via email and telegram as soon as this step is finished.
Next step
Once the distribution is completed on our end, we will give you the opportunity to claim missing tokens if you genuinely think we forgot you or made a mistake (we are human after-all and this can happen, even though we triple checked everything).
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