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SaTT Administers Airdrop to Bring More Value to Its Holders

Mark Hampton
Mark Hampton
4 years ago
3 mins read
SaTT

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Our favourite blockchain advertising project SaTT offers free tokens via its Airdrop this Friday

Popular and novel blockchain-based advertising platform SaTT has announced its intention to bring more value to its token holders by airdropping SaTT tokens to its existing holders. This event is designed to bring SaTT holders closer to the BSC network by airdropping the BEP20 version of the token to them.

As a result, this event will enable all the SaTT holders to receive 5% of their total SaTT holding for free. The snapshot is scheduled to take place tomorrow, March 12, 2021, at 2 pm GMT+01:00. To qualify for the airdrop, the SATT token must be held in a non-custodial wallet at the time of the snapshot (For example Metamask or Trustwallet but not exchanges).

If you don’t have SaTT token yet, you can still buy some from Probit or PancakeSwap and transfer it in a non-custodial wallet before the snapshot date, and you will receive your free tokens!

Reacting to the significance of the airdrop to SaTT holders, CEO, and founder of SaTT Gauthier Bros stated that the airdrop brings two-way benefits to the entire SaTT community:

“While this serves as a way to reward the community for standing by us since we debuted, this may also introduce an avenue where the community can take possession of SATT BEP20 token at the early adoption stage and also be able to participate in an affordable advertising transaction powered by the BSC network”

Considering the surging cost of the Ethereum gas fees, this airdrop will unarguably provide an alternative for SaTT holders to interact with the SaTT advertising platform at a faster and more affordable rate.

How To Be Eligible: What Holders Need To Know.

While the airdrop cuts across the majority of SaTT holders, there are a few things to take into consideration in order to qualify. Relying on information retrieved from the SaTT official blog, the airdrop will be administered to all BEP20 and ERC20 SATT holders, while WSaTT holders (the wrapped version of the SaTT token) will not be eligible to participate in the airdrop.

On the contrary, holders of WSaTT tokens who wish to participate in the airdrop will need to unwrap their SaTT token, while factoring in the cost of gas and the potential value of the airdrop.

Only SATT held in a non-custodial wallet will be eligible for the airdrop. This implies that SATT tokens held on exchanges will be excluded from the airdrop exercise.

SaTT Integrates BSC To Improve The Efficiency Of Its Advertising Platform

Since SaTT debuted as the novel blockchain-based advertising solution, the France-based firm has been committed to building and providing advertising services that boast a high competitive advantage with a wide range of services that deliver unmatched value to users of its platform.

Last month, SaTT integrated the Binance Bridge to deploy the SaTT token onto the Binance Smart Chain to enable affordable and fast transactions in its advertising platform. Currently, the firm is underway towards integrating the BSC network on its advertising platform to enable advertisers to complete advertising transactions using the SaTT BEP20 token.

This integration will enable advertisers to have the option of completing advertising transactions using the Binance Smart Network other than the Ethereum network. The two blockchains will co-exist within the SaTT platform, giving users the flexibility they deserve.

SaTT Leads Innovation In Blockchain-based Advertising

SaTT which is short for Smart Advertising Transaction Token is the native token that powers the SaTT ecosystem DApp and a medium through which all transactions are completed within the platform.

Early this year, SaTT integrated its decentralized advertising solution with the top social media platforms including Facebook, Instagram, Youtube, and Twitter. Allowing advertisers to promote their products and services through influential marketing strategies.

With the help of decentralized smart contract oracle, SaTT connects advertisers to publishers (social media influencers) together, allowing publishers to create content via these social media channels and in turn get paid for their effort based on the level of engagement derived (number of views, shares, likes, comments of the publication).

 

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Mark Hampton
Mark Hampton

Mark Hampton

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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