Following the move to integrate the Binance Smart Chain last month, SaTT a blockchain firm that has issued an innovative solution to reshape the advertising industry, has announced its intention to airdrop the BEP20 version of its token to its token holders. This development was revealed via SaTT’s official Twitter account.
By design, the airdrop will be distributed as a percentage of the total SATT held by a user at the time of the snapshot which is scheduled to take place on March 12, 2021, 2 pm GMT+01:00. Holders will receive a token equivalent in SaTT BSC, to 5% of their total SaTT holdings at the time of the snapshot. Anyone can already get SaTT on Probit or PancakeSwap before the snapshot date and transfer these SaTT to Airdrop-eligible wallets to get their airdrop share.
“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”
This event marks a remarkable phase for the entire SaTT ecosystem as the community digs deep into the advantages that come with the BSC network especially at a time when Ethereum gas fees are blowing over the roof.
The Airdrop Cuts Across The Majority Of SaTT Holders.
According to a recent blog post published on the SaTT blog, the airdrop will be administered to all BEP20 and ERC20 SATT holders excluding WSaTT holders (the wrapped version of the SaTT token). Users will have to hold SaTT in a non-custodial wallet like the Wallet SaTT, Ledger, Trezor, Metamask & Trust wallet.
As a result, all SaTT held on exchanges will be excluded from the airdrop. Users whose SaTT are on exchanges will need to transfer them to one of the above-mentioned wallets to be eligible for the airdrop. On the flipside, holders of WSaTT 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.
The airdrop token distribution date will be announced via official sources in the days to come.
SaTT Is Already Live On BSC
SaTT recently integrated the Binance Smart Chain (BSC) to enable affordable and fast transactions in its advertising solution. The firm is underway towards deploying the BSC network on its advertising platform to enable advertisers to complete advertising transactions using the SaTT BEP20 token.
According to SaTT, the BEP-20 token version (SATTb) will co-exist to complement the ERC-20 version, giving smaller retail users a cheaper transaction cost when interacting with the platform using the BSC network. As a result, the firm stated that its platform has been upgraded to support the newly implemented Binance Smart Chain (BSC).
To make the BEP20 token available to the community, SaTT has announced a simplified procedure for token holders to seamlessly swap between both token versions – the ERC20 and BEP20 token. The SATT BEP20 is already listed and open for trading on the largest BSC DEX platform, PanCakeSwap.
SaTT Pioneers 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).