Satonetwork

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.
KAWPOW is a mining algorithm mainly known to people mining Ravencoin. It also supports other cryptocurrencies, like our Sato. The algorithm is protected against ASIC which leads to potential centralization.

TOKEN USE CASE
1) Save money on trading fee on our exchange using the token.
2) Use it to pay listing fee for new coin on exchange.
3) Create liquidity on the exchange after receiving staking rewards.
4) Hold a good amount of tokens to be eligible for receiving shares from
exchanges’ monthly revenues!
5) Possible integration to a platform for conversion to fiat.
We reserve the right to continue improvements and
update both white paper and road map


CREATE YOUR OWN TOKEN ON SATO BLOCKCHAIN
Unique tokens allow token holders to create unique assets. Like ERC721 tokens, unique tokens are guaranteed to be unique and only one will exist. Unique tokens can change
ownership by sending the unique token to another user’s address. Some examples of unique tokens: A software developer can issue the asset with the name of their software eg “TOYGAME”, and then assign each “TOYGAME” token a unique id or license key. The game tokens could be transferred as the license transfers. Each token TOYGAME:398222 and TOYGAME:423655 are unique tokens. SATO based unique assets can be tied to real world assets. Create an asset named “GOLDVAULT”. Each gold coin or gold bar in a vault can be serialized and audited. Associated unique assets GOLDVAULT:444322 and GOLDVAULT:555994 can be created to represent the specific assets in the physical gold vault. The public nature of the chain allows for full transparency.