SATO: The first algorithmic stablecoin recognized by a listed company

The interview was conducted by Mr. Arthur Ye and Mr. Luke Montaine was the guest whose interview has been taken, so the purpose of this interview was to get some insight from Luke on his company’s investments, what is their vision for SATO stable coin and how they see the stable coins being adopted in the future.

As the session started, Arthur Ye introduced Mr. Luke Montaine to the audience and a brief introduction was given by Mr. Luke as he studied Economics from the University of British Columbia in Vancouver, Canada. Mr. Luke also added that he is currently the CEO of Roadman Investments Corp where they have clients from different sectors on board as it’s an investment company and so it is listed on the Toronto Venture Exchange. So, Roadman Investments works as an issue so they can invest in anything, and recently they started researching about Cryptocurrencies, Stable Coins, etc. and have partnered with SATO which is a stable coin and have adopted the AMPL Algorithm.

Investments:

Roadman Investments Corp made an investment in iCash Rewards which is an eCommerce loyalty platform with over 500 top platforms as their loyalty points can be redeemed in iCash, Stable coin(SATO), USDT etc.

Another investment made by Roadman Investments is in the Art Exchange which is powered by Cryptocurrencies as Roadman Investments has a portfolio of selling limited edition and unique art pieces, it would result in a good synergy. TSA token for the artist exchange website which will have world-renowned artists and will use t-swap.

How SATO will be used in the Ecosystem?

SATO is an algorithmic based stable coin, unlike other stable coins which are backed by FIAT currencies or any other collateral based. Its value is purely dependent on the supply and demand in the market and there is nothing like any collateral or taking place etc. SATO is going to be used in iCash rewards where we have more than 500 brands and it will also be adopted in our Artist website where TSA token is being used.

How news affects Cryptocurrencies, as Elon Musk started accepting Bitcoin:

There are lots of effects of news on the movement of cryptocurrencies in the exchanges as we saw when Elon Musk tweeted about accepting Bitcoin officially for Tesla, there was a small price hike in Bitcoin, and also it is very positive that people have started to accept cryptocurrencies and for a person like Elon Musk who has a huge following and people listen to him, it's very positive that we are moving in that direction and we will be the pioneers in terms of Roadman Investments and SATO to adopt a stable coin at this level.

Summary

We can summarize this session based on different things that were discussed by Luke Montaine and Arthur Ye, as they started to discuss some introduction of Mr. Luke Montaine and what they do at Roadman Investments Corp, Luke also explained what investments they made as currently there are two major investments, the first one is iCash Rewards which is an eCommerce based platform where users can buy products from over 500 global brands with SATO, USDT etc. The second investment is the Artistic website exchange which is powered by Cryptocurrencies and has world famous artists on board as they aim to get more artists on board and expand it more.

Luke also explained his vision for SATO from the future perspective as he sees potential in it, and he thinks that it would surpass USDT one day soon. There was also some discussion on how news affects the movement of cryptocurrencies as Elon Musk started to accept Bitcoins and it affected the market, Luke discussed that this is a positive thing and its good to see that people and companies like Tesla have started to adopt cryptocurrencies and that Roadman Investments and SATO are going to be the pioneers in adopting the stable coins as the primary payment method.

The Interview Recap: https://www.youtube.com/watch?v=DomprgrPUlA&t=1749s&ab_channel=SwapAll

Follow Us

SATO official website: https://sato.trade/

SATO official Twitter: https://twitter.com/SatoToken

SATO official Discord: https://bit.ly/3cnsdgw

SATO official Telegram channel: https://t.me/sato_announcement