Smart Advertising Transaction Token or SaTT is a blockchain-based revolutionary platform that facilitates advertising transactions and settlements through smart contracts. The SaTT Smart Contracts will allow an advertiser to create campaigns and set conditions for participation among the users. The smart contract itself works on a decentralized structure to enable users to define the criteria for publishing and to award the ads. Additionally, SaTT intends to make the ads searchable through their user-friendly APIs
Elements of SaTT
- SaTT Smart contracts: The SaTT Smart Contract mechanism operates on the decentralized structure of the Ethereum blockchain to allow users to design tailor-made advertising tools. Publishers receive profile analysis before ranking occurs according to their segments. Additionally, they can obtain campaign proposals which are custom made to their profile
- Advertisers: advertisers get to create ad campaigns, manage the objectives and provide any necessary details for the remuneration model. In essence, the establishment and maintain the visibility of their ads.
- SaTT token: under the smart contract technology, SaTT utility tokens will go into use for governing the advertising transactions between the advertising parties and their audience.
- Oracle module: the application module will help relay information between the data source and the Smart Contracts to provide for the definition of the agreement parameters for the ad campaign
How SaTT's Smart Contract and Token Operate
The Smart contract mechanism will utilize a distributed manner to allow its blockchain platform to provide for advertising offers from any API and according to the performance objectives. The protocol involves the publisher finding and funding the best campaigns through the advertisers who receive their payout once all the conditions for the campaign are fully satisfied as defined during the transaction. The Smart Contract automatically triggers the payout, and the funds go into the advertiser's portfolio, with an additional net commission going to the Oracle modules fee system.
Is There Any Benefit for the Advertising Industry?
Thanks to the smart contracts, SaTT can guarantee a range of revolutionary benefits for the advertising sector. These include
- Allow advertisers to recruit, select and validate the appropriate publishers for the relevant campaign depending on different scopes of the firm, or advertising plan
- The Oracle modules and smart contracts enable advertising campaign managers and owners to quantify the results of their efforts statistically with numbers provided
- Under blockchain, SaTT also builds up trust in between the advertising parties and thus prevent ad fraud.
- Ultimately, SaTT will reduce the advertising costs and speed up transactions between advertising affiliates
- The decentralized ad network will give users the option to design and manage their ad campaigns through a decentralized register, an integration API, and a development SDK
Will The SaTT Services Get Demand?
While there are plenty of advertising ventures set to utilize blockchain technology, very few have taken the liberty to focus on smart contract transactions for the sector. However, this should not form a basis for sound investment into the project as it will require a substantial shift in the advertising world before interested parties can fully implement such a solution.
SaTT Token Information and Investing
- Pre-ICO- Ended
- ICO Crowd sale- 1 May, 2018 till 1 July, 2018
- Symbo: SaTT
- Protocol: ERC20/ ERC223
- Payment: BTC, ETH, $, €
- SaTT price: $0.42= 1 SaTT
- Token supply: 420,000,000
- Maximum cap: $104, 160,000
- Minimum cap: $7,560,000