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Unbending in spite of bear market: Satang Corporation 10 plans-million-US-Dollar STO in Thailand

the Satang Corp. is planning, through a Security Token Offering (STO) of 9,9 million dollars. Thus, the Thai crypto-exchange intends to Finance the development

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Unbending in spite of bear market: Satang Corporation 10 plans-million-US-Dollar STO in Thailand
the Satang Corp. is planning, through a Security Token Offering (STO) of 9,9 million dollars. Thus, the Thai crypto-exchange intends to Finance the development of an App, with the help of the customer Bitcoin & co. from your Smartphone can act. With the announcement of Thailand underlines his reputation as a crypto-friendly country.

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On 7. December 2018 share Facebook Twitter LinkedIn xing mail

You should have an eye on STOs. Many in the regulated Token Sales for the advent of a ICO-Revival à la 2017. But the can take, warns Julian Hosp in a guest article on BTC-ECHO. Nevertheless, messages about ambitious projects leakage.

As the Nikkei Asian Review reports, do you want to get the Satang Corporation, the sale of a Security 9.9 million US tokens in total dollars. Start of sales of the Token is scheduled for "the beginning of 2019," as Satang-CEO Poramin Insom said to Nikkei. If the company is the target sum of ten million U.S. dollars, wants to invest in the Exchange in the development of an App, with the user then crypto-currencies such as Bitcoin from a smart phone.

Also wants to make Satang tourists for crypto-currencies receptive. In the tourist centers of Phuket and Pattaya, therefore, centres should be able to make, in which visitors are provided with crypto-currencies familiar.

Thailand pushes Kryptos

The time may come as a surprise, with a view to the ongoing bear market. The project falls but, in a longer-lasting Trend of the Thai government, the crypto - and to promote Blockchain industry. The military government in Bangkok, supported by the STO Express; better PR could wish for Satang.

in Addition, the Southeast would like to invest in Asian state in the block chain-based regulatory administration: "The government will operate its new Pass-platform on a Blockchain", - said the Chairman of the national Institute for economic research, Kirida Bhaopichitr. Using the planned Blockchain-platform identification of Thailand's citizens will soon be purely digital, such as Nikkei reported.

Poramin Insom, however, is in the Blockchain Ecosystem, not a blank slate. In addition to his work at the Satang Corp., the programmer developed the Privacy Coin zCash and was instrumental in the implementation of the first block chain-based choice of the world involved. The democratic party of Thailand elected their party Chairman by means of a Blockchain voting system.