Satowallet Share private funding has raised $500k from users
The Satowallet Token Shares Sales that started on 8th Oct 2018, has seen great support of her User. Over 3000 Users has invested to the tune of $500,000, thereby achieving the funding softcap.
Features of the SATOS Token
The Satowallet Exchange Token (SATOS) is the app’s native token to facilitate trading transactions. SATOS will also act as the unit asset representing the ownership of the company.
The total supply of SATOS is limited to 10 million units, which ensures that the value of the token will only increase in the future and provides maximum profits to its holders, as an increasing number of tokens are purchased by the app’s users.
SATOS will perform the following functions on the cryptocurrency trading platform:
1) Base currency for all the crypto tokens listed on SatoWallet Exchange.
2) Holders of SATOS will have the power to vote for the new assets to be listed on SatoWallet Exchange.
3) SATOS can be used as payment means for SatoWallet ICO platform which helps new and budding digital currencies projects to carry out a successful crowd funding.
4) SATOS holders are also entitled to receive a 40 percent monthly dividend share in bitcoin of the monthly exchange trading fee profits.
5) SATOS ensures zero transaction fees to holders.
6) SATOS is primed to be the gas of the soon to be launched SatoWallet Decentralized Exchange.
How do the Monthly Dividend Earnings Work?
The calculation of monthly dividend receivable by SATOS holders is quite straightforward.
Suppose John buys 16,000 SATOS during the on-going sale of the token at 22 percent discount, i.e. $0.39/SATOS. At press time, the 24 hours trading volume at SatoWallet is a healthy 3913.12 BTC.
As the firm charges a trading fee of 0.25 percent on transactions, it shoots the daily transaction fee profit to 9.78 BTC, and generates an impressive monthly profit of 293.48 BTC.
Owning SATOS tokens will enable the holders to get a part of the 40 percent share of the 293.48 BTC monthly profit — which means that 117.40 BTC will only be distributed among SATOS holders according to the volume they hold.
As the upper limit of SATOS is fixed at 10 million, each unit of the SATOS token is entitled to 0.0000117 BTC. Therefore, John, who holds 16,000 SATOS will receive 0.1872 BTC for the month, while still having the ownership of his SATOS intact.
How to Participate in the SATOS Token Sale?
The SATOS token sale is live on the SatoWallet website. The app is also offering lucrative discounts in the sale which makes now the perfect time for the interested investors and users to partake and start earning dividends instantly.
SATOS SALES ROUND TWO(2) FUNDING STARTED: CLICK JOIN NOW
NEW: EARN 2% REFERRAL BONUS FOR REFERRING OTHERS TO PURCHASE SATOS!
