Smart Advertising Transaction Token (SaTT) has announced its integration with Binance bridge and has issued a BEP-20 version of its SATT token. This was made known via its Twitter handle, this move will enable SaTT holders to swap their ERC20 token to BEP20 and vice versa. Commenting on this development, SaTT CEO Gauthier Bros expressed his optimism about the move:
“This is an important time for us here at SaTT. We are integrating the Binance bridge to issue the BEP20 version of the SATT token. This will enable us to tap into the value domicile in the Binance Smart Chain, offering our community fast and cost-efficient transaction”
According to SaTT, the BEP-20 token version (SATTb) will co-exist to complement the ERC-20 version, giving users easy access from both chains. As a result, they will be upgrading the SaTT advertising platform in order to support the newly implemented Binance Smart Chain (BSC).
In order to boost liquidity and benefit from the advantages of the BSC, SaTT team decided to list the SaTTb token on PancakeSwap including pairs BNB > SATT & BUSD > SATT and open a liquidity pool, which promises to be more than interesting for the users.
To celebrate this crucial step, SaTT will initiate an airdrop to all the SaTT ERC20 holder
Yes, you’ve read it correctly. The blockchain-based advertising network is yet to announce the date of the airdrop and possible instructions, but it, however, reiterated that holders don’t need to do anything for the time being
According to a close source from the SaTT team, they are exploring the possibilities of getting the BEP20 version of SaTT listed on other reputable BSC-based AMM DEXes including BakerySwap. They clearly noted that their listing goal revolves around getting listed on top, reputable exchanges to provide a safe trading environment for the teeming community.
This marks an essential phase in the SaTT ecosystem and comes at a time when the BSC network is gaining a lot of traction both in the DeFi and the entire cryptocurrency landscape.
SaTT Is Set To Tap Into the BSC Fast-Growing Ecosystem
The high fees and bloated network associated with the current Ethereum network are opening doors for retail investors to seek value elsewhere at a reduced cost and fast transaction time. This has unarguably given the Binance Smart Chain the edge to fire up adoption amidst the current wave of blockchain adoption.
On February 10, CZ the CEO and founder of Binance took to his Twitter handle to announce that the BSC network had surged past Ethereum in daily transaction count, a rare feat for the entire ecosystem.
As of the time of writing, the Total Value Locked (TVL) across BSC-based DeFi protocols recently surpassed $8 billion, rising more than 300% in one week. BNB, the native token of the Binance ecosystem has equally witnessed a massive interest, sending the digital asset above the $270 price mark. This rally has positively rubbed off on BSC-based tokens, breaking recent all-time highs.
According to SaTT, the rising gas cost and the bloated ETH network forms part of the core reasons for integrating a Binance Bridge:
“Blockchain boasts of fast, efficient, and low-cost transactions, being a blockchain-based ad network, we are particular about offering services that beat what is obtainable in the traditional settings. We aren’t getting much of that with the current Ethereum Network, maybe ETH2.0 will do the magic but for now, integrating the Binance Bridge is almost inevitable if we wish to stay at the top of things in the industry.”
A look back at the SaTT advertising blockchain revolution project
SaTT is a decentralized advertising network on blockchain technology that was established in 2018. Since its launch, the company has been speeding up development and has launched its blockchain-based advertising network and has also integrated its product with Facebook, Instagram, Twitter, and YouTube, speeding up mainstream adoption.
SaTT adopts an influencer advertising strategy that enables social media users to become an influencer for business brands and be able to monetize their publications via YouTube, Facebook, Twitter, and Instagram based on the level of engagement it generates. SaTT connects advertisers to publishers directly with the aid of a decentralized blockchain smart contract, thereby reducing advertising costs, increasing transparency, and improving transaction time. Even better, it allows everyone to play the role of an influencer and get paid through these social network posts.
Before this BSC integration, the problem of high costs on Ethereum was a major issue for the development of the project. Each reward on the advertising campaigns had to be claimed via a smart-contract linked to Ethereum.
Now that this is solved, SaTT “hodl” all the cards to become a major player in the sector and we will not fail to keep you informed of further developments.