we hosted an amazing AMA with Sator on the 22nd of October
And here we will put some of the best questions:
Q1. Can you introduce yourselves to our community?
Chris :- Hello friends! We at Sator are working hard to decentralize global content. Sator beta is live! Mainnet launches in less than 2 weeks. I’m a cofounder of Sator and my background is equal parts crypto/fintech and entertainment/film/tv/music.
Isla Rose :- Hi all! I’m co-founder, engineer, and BOSS coder at Sator 😎
Q2. Can you briefly tell us what is Sator ?
Isla Rose :- Sator is a decentralized application platform designed to scale and expand linear content (Television, Film, Music, Streamers) to a non-linear content engagement experience. Audiences are incentivized by social utility token rewards (SAO) and content-based NFTs in the Sator dApp marketplace. Content creators, producers, and content rights holders simultaneously grow audience and global reach.
Q3. Let’s now talk about the milestones you have achieved so far and about your upcoming plans?
And when will be Sator IDO ?
Chris :- Sator token (SAO) will be available on Uniswap in a few days. There are also a limited amount of tokens rn available from Gen Shards.
Centralized exchanges listings early November dates are being announced this week.
Isla Rose :- Sure! So far we have deployed our beta decentralized application for ios and android. today, we are releasing our NFT marketplace in the app, where users can earn and collect NFTs that are directly tied to their favorite content. We are bringing extra special utility to NFTs, expanding beyond traditional art, and making sure users can show off their collectibles throughout the app. We are built natively on Solana and bridge to ethereum using wormhole. we are building out multi chain infrastructure, in addition to Solana and Ethereum.
Chris :- Beta launched. Today our NFT marketplace beta goes live. Mainnet of the dApp launches in less than 2 weeks. TGE underway. Dex listings including Uniswap in a few days.
Q4. Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
Chris :- Sator square is an ancient form of ‘scripted entertainment.’ Before TV, before theatre, before books, before paper, ancient civilizations etched words into stone. An entertaining form of that was palindromes. The most known example of this is the Sator square which is a palindrome sentence….
Chris :- Sator team is 25, more than half are engineers—smart contractors, front end, back end, etc. And everyone came to Sator with strong experience in their respective skill sets.
Isla Rose :- Sator team is top tier engineering talent. We have accomplished so much in a short period of time —> we have built a decentralized application on Flutter with Go backend, Implemented a bidirectional cross chain bridge using Wormhole to be Ethereum and Solana compatible, and continue to fine-tune our UI/UX.
Q5. NFT is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on NFT with us? Do you think NFT will disrupt the current financial system? What is Sator’s approach to the NFT sector?
Isla Rose :- Users can spend their SAO tokens to collect exclusive NFTs for artists and characters alike, gain access to exclusive experiences, and eventually, pay for subscriptions with SAO tokens. We have built an in-house NFT studio and marketplace that is exclusive to SAO rights holders.
Sator leads by unique combination of:
• Eliminating friction in NFT-to-fan delivery since fans can earn, spend, collect, display/use NFTs all within-app.
• Multichain NFT studios in-house.
• Deeper, more meaningful engagement with content–important in post-must-see-TV era wherein most content monetized by subscriptions
And as i mentioned earlier, we are adding utility to NFTs. So users can actually use their collectibles throughout Web 3.0 – not just hold them in a wallet
Chris :- Sator pioneers content-based NFT utility. Sator leads content partners to mint NFTs with embedded rights directly into Sator realms. NFTs become a part of the content viewing experience.
Inside Sator, NFTs can be used as profile pics and, soon, pieces of specific team games inside Sator. Sator also has the feature in dev to allow NFTs be used inside realm chats.
And here we will put best questions from our members and Sator fans:
Q1) I read Sator will prioritize series suggestions to viewers if the provider blocks more $SAO. But will this be their sole criteria for rating a series worth watching or not? What if a person with a lot of capital creates bad content?
Isla Rose :- We are building a superior recommender system that uses emotional based tagging and natural language processing / sentiment analysis to recommed shows to each and every one of our unique, dedicated user base. With that being said, we will not prioritize certain shows just because they hold more SAO than another. Shows holding more SAO do see benefits in Staking rewards, however. Decentralization is our top priority, and with that being said, it is extemely important to achieve full decentralization. Even among content creators..making it not possible for a show to over shadow other creators.
Community sentiment will keep bad content off the platform 💯
Q2) It’s so amazing that here at #SATOR, we can earn crypto rewards for watching TV. This kind of concept is great for others, but for non-tv-lover users, can you tell the other ways to still earn #crypto here even if we don’t watch TV shows?
Chris :- Content on Sator includes music videos, live events (music and sporting), feature films, user-generated and evening charity non-profits you can support simply by being engaged.
Isla Rose :- Yes! Great question. Sator concept is easily scalable beyond just television content. We have already built templates for streamers, Youtubers, music artists, and we are currently developing games on the platform. Sator even works for in person events. One of our partners is a music festival called Welcome to Rockville
Q3) Sator is the first production and decentralized application built on Ethereum with a two-way bridge to / from Solana, using the Wormhole implementation. What is a Wormhole? How are you implementing it? Do you plan to build bridges to other chains?
Isla Rose :- Wormhole is a cross chain bridge that allows for connectivity between different chains! Wormhole is an open source bridge that gives bi-directional support for solana and ethereum. We plan to bridge to Polygon, Flow, and Polkadot in the future to name a few. I also really like what Cosmos is building with their IBC protocol.
Wormhole uses decentralized cross chain oracles — called guardians that certify token lockup’s and or burns on one chain in order to certify minting on another chain.
Q4) Language is a barrier to many crypto enthusiasts, well, we all know many projects supports the English-speaking community. So, are you aiming to use local communities to raise more awareness of $SAO among these people in different countries?
Isla Rose :- Yes! Our initiative is truly borderless and as a result we plan to offer our app in several different languages to target our community around the globe 🌎
Q5) The Anmol network undertakes educational efforts. They run a blockchain literacy campaign, where they promote the teaching of blockchain technology. What is a blockchain literacy campaign? How does it work and what educational tools do you have?
Chris :- Yes inside Sator new users with no crypto experience get to earn tokens, experience perhaps their first digital wallet, try staking and collect NFTs without friction of needing to learn how to buy Eth. Plus Sator contains educational realms like currently the Sator realm and charity based realms where users earn crypto for engaging with good causes. And Sator has become carbon neutral through our partnership with Brokoli. So lot of positive things to help educate!
Q6) Do you have AUDIT certificate or are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?
Isla Rose :- Yes, we got a perfect score on our Zokyo smart contract audit. We have several security engineers and we are also hosting bug-bounty rewards with Hackerrone
Q7) I want to invest to your project $SAO. Where i buy your token? Is it available on any exchange?
Isla Rose :- We will be available on Solana IDO platform, Uniswap , and several centralIzed exchanges VERY soon. Expect an offficial date by next week.
Q8) Do you have AUDIT certificates?
Are you also working to AUDIT your project, to make it more secure, trustworthy and reliable?
Isla Rose :- Yes, we got a perfect score on our Zokyo smart contract audit. We have several security engineers and we are also hosting bugbount rewards with Hackerrone
Q9) In your official website it says that your NFT are able to provide an unique utility, so can you tell us what innovative application do your NFTs have?
Chris :- Yes NFTs inside Sator can be used as profile pics, chat, parts of games. And many of them are minted with rights to the content such as naming a character, getting an item from set or tickets to an event.
Q10) How can I buy your token? What are the benefits of your token? How do I exchange it?
Chris :- Uniswap in a few days. More DEXs follow that and CEXs in November.
Q11) How can we use your platform? do you have any guide for beginners?
Chris :- Yes there’s a tutorial as soon as you download the app.
Q12) how you convinced people to be interested in your project do you take into account community feedbacks and demands?While you build your project, What are your plans for the future? Are there any surprises?
Isla Rose :- SATOR bridges entertainment and social value into the metaverse
Sator decentralizes value in the content ecosystem.
We are a unique project and have big plans for the future.
Here are a few of our plans
• 12-18 month vision for Sator: “fully-integrated entertainment & media metaverse”
• AR/VR compatible 12 months after launch.
• SmartTV compatible in 15 months after launch.
Q13) Do you have a whitepaper if yes please share it with us and secondly do you have plans for pre-sale? Where can we join it?
Chris :- Yes the white paper is permanently available on Sator.io site. And there is limited amount of tokens for sale rn from Genesis Shards.
Q14) How does the project increase the value, liquidity and usability of tokens? So that it can increase the price of tokens? What are your long-term plans with tokens to stabilize your project?
Chris :- Great question. Yes the dApp platform creates a massive, healthy token economy for SAO. The usability of the token grows continuously as the dApp rolls our new features every month—games and utility such as tips, staking, paying for streaming subscriptions etc. Long term, the project grows into actually steaming mainstream global TV content.
Q15) Trust and security is an important aspects to me ! do you have any Audit performed yet or not?
Chris :- Yes and we posted the audit on Sator Instagram.
And this was the end of our AMA with Sator.
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- https://www.sator.io/
Medium :- https://medium.com/@satorsao
Twitter :- https://twitter.com/SatorSAO
Discord :- https://discord.gg/mqcpTKngx7
Instagram :- https://www.instagram.com/satorsao/
Tiktok :- https://www.tiktok.com/@satorsao