Super Algorithmic Token ("SATO") Has Been Officially Launched
Roadman Investments Corp. (OTC PINK:RMANF) announces the launch of its Super Algorithmic Token (SATO) on April 16, 2021, operated by the SwapAll platform. Unlike traditional stablecoins, SATO maintains price stability through market forces without relying on USD or collateral. Users of iCashRewards, a social e-commerce platform, can earn SATO through various brand partners. SATO also aims to facilitate decentralized finance (DeFi) opportunities, enabling users to stake SATO for earning other cryptocurrencies. A3Com Solutions Corp. is the licensee of this innovative token.
- Launch of SATO, a next-gen algorithmic stablecoin, may attract interest in the crypto market.
- Partnership with iCashRewards allows users to earn SATO through cashback rewards.
- SATO's unique stability mechanism could position it favorably compared to traditional stablecoins.
- None.
VANCOUVER, BC / ACCESSWIRE / April 21, 2021 / Roadman Investments Corp. (TSXV:LITT)(OTC PINK:RMANF) ("Roadman" or the "Company") licensee A3Com Solutions Corp. ("A3Com") is pleased to announce that Super Algorithmic Token ("SATO") has been officially launched on April 16, 2021 managed by SwapAll platform and start to adopt to iCashRewards, a social e-commerce video marketing and reward platform.
SATO is a next generation algorithmic stable coin. SATO relies on the invisible market forces of supply and demand to maintain its price stability. USD and collateral backed Stablecoins have various flaws and are not suited to the crypto ecosystem. USD backed Stablecoins rely on the broken monetary infrastructure of central banks to provide stability. As a result, the Stablecoin's stability is derived from the backed currency itself. Similarly, collateral backed Stablecoins use other Stablecoins with USD backed collateral. Thus, the underlying system is still reliant on the flaws of USD backed Stablecoins. SATO doesn't rely on any centralized fiat currency such as USD. It can maintain its price stability algorithmically via smart contracts.
iCashRewards is very happy to reward SATO to its users for use of iCashRewards eCommerce shopping platform and services. iCashRewards is a web and mobile plug-in that gives online shoppers rewards in the form of cash back, SATO or USDT (Tether). iCashRewards welcomes global users to shop brand names like Microsoft, Canva, GoDaddy, Adidas, WIX, Shopify, Shoppers Drug Mart, DAVIDsTEA, Indigo, Booking.com , Groupon, Virbela, illy, Saks Fifths Avenue, Bloomingdales, Ledger, KeepKey, SwapAll, TEAsWAP, BakerySwap, iBOFi and over 200 brands through its portal www.iCashRewards.io.
Furthermore, SATO can be applied to DeFi credit in the future. DeFi is a new class of financial applications that provides users with automated and transparent financial services, such as borrowing and lending, without the need for financial institutions. The most common application scenario is that users may deposit SATO as collateral and withdraw a certain type of cryptocurrency. SATO may also be used as a deposit in decentralized derivative products. Users may also stake SATO to earn Bitcoin, Ethereum and other cryptocurrencies through SwapAll platform.
About Super Algorithmic Token:
A brand new cross-chain oracle rebasing cryptocurrency system, the world's first algorithmic stablecoin that supports rebase of multiple smart chains (ETH/HECO/BSC) managed by SwapAll platform. SATO is a next generation algorithmic stable coin. SATO relies on the invisible market forces of supply and demand to maintain its price stability. https://docs.sato.trade/
About Roadman Licensee A3Com Solutions Corp.
A3Com Solutions Corp.("A3Com") is a Vancouver-based startup, Blockchain & AI-focused software development company focusing on e-commerce and mobile reward platforms, consumer loyalty, and digital marketing. A3Com's featured platform is iCashRewards, which connects merchants and consumers worldwide. Roadman has a first right of refusal to purchase
About Roadman Investments Corp.
Roadman Investments Corp. ("Roadman") is a Canadian Venture Capital, Investment and Advisory Firm that strives to actively drive innovation and accelerate growth for its shareholders. Roadman invests capital into private and public companies that offer excellent growth opportunities.
About iCashRewards
iCashRewards, ("iCash"), a next-generation social e-commerce video marketing and reward platform. iCashRewards is a leading provider of on-line and virtual reality shopping experiences, connecting merchants and consumers across the globe. iCashRewards is reinventing marketing using blockchain technology for loyalty rewards to disrupt traditional loyalty industries and continuously innovate in the digital marketing industry. iCashRewards is a web and mobile plug-in that gives online shoppers rewards in the form of cash back, SATO, BTC or USDT. There are over 150 brands through its portal www.iCashRewards.io. Sign up to iCashRewards.io today to receive 100 loyalty points and redeem SATO.
For more information on iCashRewards or A3Com, visit www.iCashRewards.io and follow iCashRewards on:
Twitter: https://twitter.com/ArtTeaswap
Telegram: https://t.me/iCashRewards_EN
Medium: https://icashrewards.medium.com/
Linkedin: https://www.linkedin.com/company/icashrewards
Youtube: https://bit.ly/2zaJE39
Instagram: https://www.instagram.com/iCashRewards/
TikTok: https://vm.tiktok.com/ZMeJTt5Vs
Facebook: https://www.facebook.com/iCashrewards.io
A3COM Contacts:
Fanny Travis
Tel: 604.689.0618
Email: support@icashrewards.io
Roadman Contacts:
Luke Montaine
luke@roadmancorp.com
Cautionary and Forward-Looking Statements
This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, completing a transaction with A3Com, other statements relating to the financial and business prospects of the Company, and other matters.
Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.
Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, increase in costs, litigation, failure of counterparties to perform their contractual obligations and fees charged by service providers. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Roadman Investments Corp.
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https://www.accesswire.com/641744/Super-Algorithmic-Token-SATO-Has-Been-Officially-Launched
FAQ
What is the Super Algorithmic Token (SATO) launched by Roadman Investments on April 16, 2021?
How does SATO function within the iCashRewards platform?
What are the future applications of SATO in decentralized finance (DeFi)?
What is the ticker symbol for Roadman Investments Corp.?
