SatoshiDEX Logo

SatoshiDEX (SATX)

Past
Total Raise: $11,276,799
Date: 22 Feb - 25 May 2024

SatoshiDEX operates as a decentralized exchange (DEX) on the Stacks blockchain, a layer-2 blockchain linked to Bitcoin via Proof-of-Transfer (PoX) consensus. Taking cues from Uniswap, SatoshiDEX enables peer-to-peer (P2P) trading of digital assets, boasting distinct benefits stemming from its integration with Stacks.

Up to date, SatoshiDEX has already raised $11,276,779 at a $250,4M valuation. 

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SatoshiDEX Overview

Ticker: SATX
Country: Seychelles
Industry: Blockchain Service
Founded: 08 Feb 2024
Whitelist: No
Blockchain Network: Bitcoin
KYC: No
Bounty: No
MVP: Yes
Type: ICO
Security Audit: Yes

SatoshiDEX Review

SatoshiDEX's architecture is crafted to capitalize on the distinct advantages of the Stacks blockchain, facilitating decentralized finance (DeFi) functions directly on Bitcoin. These features delve into the key elements of SatoshiDEX's structure, encompassing its smart contracts, liquidity pools, and integration methods with Stacks and Bitcoin, ensuring a smooth and secure DeFi experience.

The main features of SatoshiDEX include:

  • Increased asset coverage: Effortless cross-chain exchanges between Bitcoin and various other assets.
  • Improved Security: SatoshiDEX utilizes the Layer 2 Stacks blockchain solutions to offer heightened security measures for traders and investors.
  • Scalable Infrastructure and Multi-Chain compatibility: Stacks' microblocks functionality enhances transaction speeds and supports healthy staking expansion across multiple chains.

SatoshiDEX’s token $SATX plays several vital roles within the ecosystem:

  • Governance: Holders of $SATX can participate in crucial platform decisions, shaping the direction and policies of SatoshiDEX through voting on proposals.
  • Liquidity Incentives: Users who contribute liquidity to the platform's pools receive rewards in $SATX tokens, encouraging the maintenance of healthy and robust liquidity pools essential for efficient trading.
  • Fee Benefits: Owning $SATX may lead to discounts on swap fees, motivating active engagement and long-term holding of the token within the SatoshiDEX ecosystem.
  • Exclusive Privileges: Possessing $SATX tokens could grant early access to new features or pools, providing holders with a first-mover advantage in yield farming or trading opportunities.
  • Staking Rewards: Staking $SATX not only bolsters the security and operational integrity of the platform but also rewards users with staking incentives, enhancing the token's usefulness and attractiveness.

 

SatoshiDEX’s Token Sale Pros:

  • Has two Security Audits;
  • Interesting product idea for leveraging Bitcoin;
  • Not bad Influencer Marketing Performance;
  • Moderate Social Media Performance;
  • Decent PR performance;
  • Good Growth marketing performance.
  • Initial Market Cap/Fully Diluted Valuation relatively low (10.5%).

SatoshiDEX’s Token Sale Cons:

  • Team is anonymous;
  • High FDV ($250.4M); 
  • High Initial Circulation Supply ($26.29M); 
  • High Monthly Token Inflation Rate (6.46%); 
  • No top tier funds as investors;
  • No reputable partners; 
  • Weak Marketing Infrastructure; 
  • Has no official blog. 

SatoshiDEX Token Economy

Total Raise: $11,276,799
Total Supply: 10,000,000,000
Private/Pre-sale: 3,000,000,000 (30%)
Public Sale: (0%)
Fully Diluted Valuation (FDV): $250,400,000
Initial Circulation Supply: $26,292,000 (10.5% of FDV)

SatoshiDEX Token Sale (ICO & IDO) Rounds

ICO: Feb 2024 Past

Price: $0.00145
Tokens for sale: 482,758,621
Raise: $700,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.0015
Tokens for sale: 200,000,000
Raise: $700,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.00168
Tokens for sale: 297,619,048
Raise: $500,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.00193
Tokens for sale: 362,318,841
Raise: $700,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.00221
Tokens for sale: 226,244,344
Raise: $500,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.00287
Tokens for sale: 174,034,111
Raise: $500,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.00431
Tokens for sale: 162,431,837
Raise: $700,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.00646
Tokens for sale: 154,696,987
Raise: $1,000,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.0097
Tokens for sale: 103,131,325
Raise: $1,000,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.01261
Tokens for sale: 118,997,683
Raise: $1,500,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Mar 2024 Past

Price: $0.01639
Tokens for sale: 103,741,569
Raise: $1,700,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Apr 2024 Past

Price: $0.01966
Tokens for sale: 35,726,435
Raise: $700,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Apr 2024 Past

Price: $0.02163
Tokens for sale: 39,827,952
Raise: $900,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Apr 2024 Past

Price: $0.02274
Tokens for sale: 15,844,284
Raise: $400,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: Apr 2024 Past

Price: $0.02385
Tokens for sale: 12,578,616
Raise: $300,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: May 2024 Past

Price: $0.02504
Tokens for sale: 6,749,201
Raise: $169,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: May 2024 Past

Price: $0.02629
Tokens for sale: 2,015,976
Raise: $53,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: May 2024 Past

Price: $0.02761
Tokens for sale: 1,970,301
Raise: $54,000
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: May 2024 Past

Price: $0.02899
Tokens for sale: 2,412,004
Raise: $69,920
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: May 2024 Past

Price: $0.03044
Tokens for sale: 1,714,520
Raise: $52,190
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: May 2024 Past

Price: $0.03135
Tokens for sale: 2,628,389
Raise: $82,400
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: May 2024 Past

Price: $0.03198
Tokens for sale: 3,669,731
Raise: $117,350
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...
ICO: May 2024 Past

Price: $0.03292
Tokens for sale: N/A
Raise: N/A
Lock-Up: 35% TGE, remaining 65% vested over 3 months with daily ...

SatoshiDEX Token Release Schedule

satoshidex distribution

SatoshiDEX Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  29 Apr 2024 Upgrade

SatoshiDEX News

SatoshiDEX Roadmap

2023 Q4
  • Project Inception;
  • Whitepaper Publication;
  • Community Engagement.
2024 Q1-Q2
  • Smart Contract Development;
  • Security Audits;
  • Testnet Launch;
  • $SATX Presale;
  • $SATX Token Generation Event (BSC);
  • $SATX Launch on Bitcoin Network (STX).
2024 Q3-Q4
  • Mainnet Launch;
  • Initial Liquidity Pools.
2025 Q1-Q2
  • Cross-Chain Functionality;
  • Governance System Activation;
  • Community-Driven Development.
2025 Q3
  • Strategic Partnerships;
  • Advanced Trading Features;
  • Global Community Events.
2024-2026
  • Regular Protocol Upgrades;
  • Sustainability Initiatives;
  • Research and Development.

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