♦️ Saturn Black ♦️

Introduction. 
Today, the status of gold as a standard of value goes into digital field. Bitcoin – digital gold. Bitcoin is limited in quantity, requires mining costs and is used as payment instrument. The launch of Bitcoin has led to the emergence of software in the industry based on the blockchain technology and the emergence of Bitcoin analogs, offering to solve actual problems or expanding infrastructure for using Bitcoin.

The creation of over 2000 altcoins led to the emergence of followers and development of a speculative market of crypto assets, which can be conditionally divided into 2 types :

Cryptocurrency is a unit created as a universal payment instrument based on computer encryption protocol and not controlled by third parties, such as governments and central banks. Decentralization is an essential sign of cryptocurrency. 

Token is a payment unit created as a payment instrument inside infrastructure environment of the company, with partially or fully centralized device. Tokens can be secured and unsecured. Below, we will return to this issue. Sometimes tokens are compared to stocks of traditional companies.

And the crypto market can be compared with the traditional speculative stock market, where altcoins are quoted assets and Bitcoin is a quotation asset.

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Saturn is a symbiosis of convenience & security of direct atomic exchange of crypto-assets and reliability of the third party guarantor.

Our purpose : the creation of a qualitatively new, liquid and safe over-the-counter market. Saturn launches Exchange and OTC trading Platform for Cryptocurrencies based on crosschain protocol of exchange Swap. The plans of the Saturn team to provide of P2P exchange services for traders, investors, companies and brokers.

The Problem of the crypto market.
The lightning-fast growth of the capitalization of the young crypto market to a value over 800 billion USD was replaced by a tendency of a long fall to values below 200 billion USD. The total cost of crypto assets decreased by 75%. Some assets have lost up to 90% of the value, and some are excluded from list of exchanges.

During the fall of the market, investors lost about 600 billion USD of their crypto assets. In a prolonged staying of crypto market on the bottom, the prices of some assets continue to update the minimum. The owners of such assets gradually lose faith in the market’s ability to grow and begin to get rid of depreciating coins and tokens, aggravating the market situation.

Insecurity
Most cryptocurrency exchange are vulnerable to attacks, hacks, theft and fraudulent activities as cryptocurrencies become the mainstream. The attacks from various hacking groups beginning in 2011 and afterwards, have brought about so many security concerns.

In 2017, $266 million dollars was lost by exchanges and $731 million dollars was lost in the first half of 2018. There have been predictions by security experts of larger scale of attacks, hacks, fraud and thefts as more people embrace cryptpcurrency.

Inadequate supervision in the system and lack of good customer support:
Most exchanges lack supervision and compliance system that can protect them from suspicious activities that could affect them negatively whether during pre-trade and post-trade. There is no form of analysis that could protect them neither is there a customer service they can run to when they want help/support, are affected or have fallen victim to some malicious activities which do not ensure safety or give them confidence when trading.

Also, traders are not always opportune to get a committed 24/7/365 live chat in different languages. This is also a discouraging factor for investors.

Scalability Limitations:

The massive influx of new traders and investors entering the cryptosystem has brought about an increase in transactions on a daily basis which leads to a slow down in registration and transaction processes.

Market Manipulation :

So many unfair and volatile activities like spoofing, wash-trading, momentum ignition to pump and dump takes place in the crypto-market which arises as a result of lack of regulations in the system.

The community no longer trusts the key tools of the crypto market:

The cryptocurrency market needs new values and new ethical standards of business management.

The Solutions of the crypto market.
Saturn is providing a P2P exchange services for traders, investors, companies, and brokers. and a chain of studies in order to help find new methods within the maturation of the crypto market and increase the liquidity of land so that each user develops together with this platform, each project will get an audit and liquidity of the token version, what the purpose for the future is part of the strategy on the market, so that each element will move unction as community of crypto players and create new markets liquid and secure over-the-counter market.

Saturn offer two way liquidity for many assets independently. This will provide gains in the price. Saturn The Swap Protocol to exchange commission fees different from other exchanges where there are additional commissions which reaches 0.2 percent for each exchange transaction, 0.5 – 5% for every over the counter trade and 1 – 5 percent for auction transactions. but the final provisions regarding fees will be decided at launch in market.

Atomic exchange protocol Swap for crypto assets.
The direct atomic exchange protocol allows for the exchange of crypto assets, initially incompatible blockchains, without the participation of a third party. For example, through an atomic transaction, it is possible to exchange Bitcoin for Litecoin directly from wallets. Swap exchange protocol guarantees mutual execution of the transaction by the parties or cancellation of this transaction if the bilateral terms of the transaction are not fulfilled.

In our example, Bill has Bitcoin, and Sarah has a XSAT token. Let’s say, Bill wants to buy an XSAT token from Sarah, and Sara is ready to sell it for Bill’s Bitcoin. Through the Swap protocol, Bill and Sarah make a transaction, receiving a counter asset, provided each of them fulfills the terms of the transaction. If the terms are not fulfilled unilaterally, nothing happens and more importantly, the loss of the crypto asset that was planned for the exchange does not occur. The exchange described in the example is already implemented in the Swap protocol.

XSAT is a liquidity token of the Saturn Platform.
The token liquidity model is based on flexible exchange options for more than 300 cryptoactive assets, inside the Saturn Platform and free XSAT conversion to the main quoted assets : Bitcoin, Ethereum, US Dollar.

The team plans to use the funds collected in exchange for the XSAT token, for ensuring the liquidity of the assets demanded by the community. For this purpose will be used 51% of assets, from the total number of collected assets. The remaining part of the collected funds will provide a reserve that will be used for the development and the company progress.

The XSAT token play a very important role for liquidity of the platform as it is important in the business model and infrastructure of the SATURN platform. The XSAT tokens will be used as a quotation asset in Saturn services such as exchange and over the counter trasactions, auction and escrow.

Token standard - ERC 20

XSAT contact address - 0x0d9e614937a308438337a2999acf64fc86bf098a

Single token allocation - 1 000, 000, 000 XSAT.

Private sale,This stage began on November 17, 2018 and will be completed after the launch of the OTC Saturn Platform, while collecting the minimum capitalization required for the next stages and platform development.

Accepted payment include BTC, ETH, EOS, BCH, LTC, XMR, XRP, DASH.

Pre-sale, It will start after the completion of the Private sale and the launch of the atomic Swap-exchange of XSAT tokens on the Saturn platform. Pre-sale will continue for 2-4 weeks. By the opening of the sale to a wide range of buyers, we plan to implement atomic XSAT transactions with 100 cryptoactive assets. Our team is planning to open Presale in middle of December. The final decision about start date of the stage will depend on the fulfillment of the goals set by the team at the Private sale.

Public sale, The start of the Public sale is scheduled on January 2019. Our team must do a lot of work in all the previous stages, so it’s impossible to tell the exact date of the opening of the Public sale. At the stage of Public sale in the Saturn Platform, will be available to purchase XSAT token in exchange for approximately 300 crypto assets.

The remaining 25% are not planned to be sold during the token sale. 100, 000, 000 is reserved for bounty program and 100, 000, 000 is distributed to project team. Truly amazing right? Be a part of this great innovation, be a part of SATURN PLATFORM.

At each stage, the XSAT price and the list of accepted cryptoactive assets differ. Up-to-date information on cost changes and the start of a new phase will be available on the project website.

After completion of Token Sale, the Saturn team will continue the implementation of roadmap articles. The XSAT Token will be available for trading on our platform, after completing Token Sale. Also, during the implementation of the project, following the principles of a fair price, we plan to place XSAT in popular crypto exchanges.

Issue of XSAT tokens and its distribution modelSingle issue 1,000,000,000 XSAT.

Private sale

No XSAT available for sale

1XSAT = $0.075

Completed December, 22

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148,100,000 XSAT

transferred to Pre-sale

Pre-sale

No XSAT available for sale

1 XSAT = $0.115

Completed February, 6

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388,700,000 XSAT

transferred to Public Sale

638,000,000 XSAT

1 XSAT = $0.13

1 XSAT = $0.13

more than 300 crypto assets available for payment. Watch for community voting. The full list will be published before the start Public sale.

Token Info :
Token Name         : SATURN
Platform Token     : Ethereum
Token type            : ERC223
Price at ICO          : 0.0092 USD
Receive Payment  : ETH
Distributed at ICO : 50%
Tokens for sale      : 500,000,000
SoftCap                 : 1675 ETH
HardCap                : 10,000 ETH

Roadmap 2.0

Launching Saturn – First liquidity token, November 2018

Start Token Sale & launching Saturn token (XSAT). Primary sale of tokens and fundraising for launching the platform. See more information about tokens

Escrow Transactions, February 2019

Buying and selling crypto assets through escrow account for payment on a brokerage order quantity from 50 BTC. Register and place an order

Direct atomic Swap exchange, February 2019

Launch of the atomic OTC exchange Saturn token (XSAT) in pairs with BTC & USDT. Go to exchange

Listing XSAT token on crypto exchange, March 2019

Buy Saturn token now with +150 crypto assets. Go to purchase

Issue of a Saturn Black payment card, April 2019

Saturn Black X – payment card with an annual limit of €300,000. Limit edition for holders of 10,000 Saturn tokens. Daily payments, brokerage account, purchase of crypto assets online at market price, cash around the world and many bonuses for cardholders. Pre-order payment card Saturn Black

Mobile Payments & Broker app Saturn Black, July 2019

Mobile application Saturn Black Broker in GooglePlay / AppStore. Launch a payment system account linked to a payment card and brokerage account.

Security tokens OTC trading platform, 3Q 2019

Trade with security tokens on the Saturn Black platform. Investment contracts on the blockchain with full support of a licensed European broker and simple mobile management through the application.

Saturn Platform Team :

Supported by Partners.The Saturn Black business model focuses on partnerships with time-tested companies. Our team is pleased to investors and projects interested on integretion. Join the community !

Conclusion.
Saturn exchange will create a new approach to exchange the crypto assets for cryptocurrency market. With these advantages of Saturn services, it will offer the more flexible and liquid transactions. Saturn Black will become an exchange which is more secure, more liquid and faster.

Saturn social media channels :
Website : https://saturn.black
Bitcointalk thread : https://bitcointalk.org/index.php?topic=5075635.0
Whitepaper : https://saturn.black/wp-content/uploads/2018/11/saturn-white-paper-eng-1.0.1.pdf
Facebook : https://www.facebook.com/Saturn-Black-200220127527617
Twitter : https://twitter.com/saturn_twitt
Instagram : https://www.instagram.com/saturn_xsat/
Blog : https://saturn.black/blog/

Telegram :
Saturn Official Group : https://t.me/saturn_ENGchat
Saturn Official Channel : https://t.me/saturnblack
Saturn Official Bounty : https://t.me/joinchat/JdHS-FjKRv21ihGR2y8ZyQ

Bitcointalk username : ( Rifai245 )
Bitcointalk profile link : ( https://bitcointalk.org/index.php?action=profile;u=2507650 )
Telegram username : @Rifai245
ETH address : 0xa0375170B0aB680982CCA70F25752460DADd7b4c