Ssente (Ugandan word meaning "MONEY") token is a decentralised African-made ERC20 token introduced as an alternative to money and other online money transfer system for the unbanked population of the country to have access to online financial services
to allow individuals to make fast,less costly and secure transactions between parties involved as well as East African countries and countries around the world on
It's mainly concerned to ease transaction (sending and recieving) of money between EAST AFRICAN COUNTRIES (uganda,kenya,Tanzania,Rwanda,and Burundi) and countries around the world that can later be change to real cash.
Ssente token was developed based on concern to.
-Establish a decentralised community network with no legalisation and regulation on Token adoption Supported by a large community of established ,aspiring entrepreneurs and user.
-Based on a total Proof of work system, it is Accessible to everyone.
-Eliminate long days (~7 to 14 days) of money transfer from online wallet to banks and later cash in hand.
-Eliminate high fee (~4-30 USD) charges when transfering money.
INSTANT AND FAST
SSN token is made to be faster than sending money through bitcoins (~10 min average block time) and banks that can take up to 10 days.(SSN ~15 secs)
LOW COST AND SUPPLY
Low supply resticted to only 18,000,000 SSN and autonomous operations reduce transaction and liquidity costs.
SECURITY AND UPDATED
SSENTE token is based Ethereum network which uses public key cryptography for authentication. More specifically,
Elliptic Curve Digital Signature Algorithm (ECDSA) with secp256k1’s curve is used.
Addresses are accessed by private key basacilly a random 256 bit data. The transaction can then be sent to the network and will be tracked by a 256 bit transaction id.
1% COMPOUND INTEREST MONTHLY
You will earn rewards every few days, depending on the size of your holdings, adding up to 5% interest yearly.
TOKEN DISTIBUTION DETAILS
-Pre-sale (38% of 18,000,000 =6,800,000 ssn token )
Unsold will be burned after the time limit.
-Airdrop (31% of 18,000,000 =5,580,000 ssn token)
-Project development.(13% of 18,000,000 =2,240,000 ssn token)
-Reserved (10% of 18,000,000 =1,800,000 ssn token)
-Team (8% of 18,000,000 =1,580,000 ssn token)
-Airdrop registration. (closed)
-Pre-sale (fund raising for costly paid-for exchange listing and other project development)
-Addition Exchange listing.
-Merchants api development and testing.
-Local exchanger development (ssn token to local currency).
Mobile wallet /app (both online and offline) development.
-Local exchanger launch
-Client and Ssn mobile app launch
-Offline transaction on mobile network through ussd code Documentation
LIST OF SUPPORTED WALLETS
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