SaitaChain Coin

SaitaChain, the innovative force in the cryptocurrency space, is proud to announce a transformative leap under the dynamic leadership of Mkay. After Mkay was entrusted with the complete ownership of Saitama, who is propelling the ecosystem into an era of unparalleled innovation and growth, a new sun rises over our community as we proudly announce a new and improved version of the Saitama Token - SaitaChain Coin (STC).

New Leadership & New Vision Saitama has seen its better days after the leadership transformation following the successful launch of our cross-chain technology: XBridge, multiple partnerships and the layer 0 blockchain: SaitaChain Blockchain. But little did you know, there was something bigger coming!

As we witnessed Saitama take flight under Mkay’s wings earlier this year; with the same spirit and broader vision, we have now taken it upon ourselves to show you our absolute best cards.

Evolution of Saitama Token Before the launch of the revolutionary SaitaChain Coin, the journey began with Saitama Inu- a meme token launched on May 30th, 2021. It gained significant traction as a community- run token, symbolising the enthusiasm and the collaborative spirit of the Saitama community. Following the success of the meme token, the Saitama Token emerged on May 30th, 2022, marking a transition from a meme token to a utility token.

This shift was driven by a vision to seamlessly integrate cryptocurrencies into the real world and everyday lives. This focus brings us to the present day evolution of SaitaChain Coin, which is the next step to redefining the practical use cases of cryptocurrencies, setting the stage for bigger things.

New Branding & New Direction In a strategic move, we have decided to rebrand and discontinue the Saitama Token, paving the way for a grand reimagining. Introducing SaitaChain Coin (STC) - a revamped and improved version of the token that aligns seamlessly with the company's new vision and roadmap. This move is not just a change in classification but a step towards a more efficient, user-friendly, and advanced ecosystem.

SaitaChain Coin represents more than just a crypto coin; it symbolises a comprehensive shift in Saitama's approach. The new branding reflects a commitment to excellence and innovation, setting the stage for a brighter future. We envision a crypto coin that not only holds value but also becomes an integral part of users' daily lives.

What’s Really In It? As part of the evolution, SaitaChain Coin will have 0% transaction fees on SaitaChain, fostering a seamless and cost-effective user experience. For transactions via ETH and BSC, a minimal 2% fee will be applicable, which is half of what it was before (4%). With this fee structure, we want to encourage users to engage more actively within the SaitaChain ecosystem, demonstrating that the company does not benefit from the users, but the users benefit from the company.

“I do not want to create a community that works for the company, but rather a company that works for the community.” - says Mkay when asked about the new coin.

This strategic move is not merely about rebranding; it's a transformative journey towards addressing current challenges, implementing robust solutions, and fortifying the token against potential risks by sealing all vulnerabilities, eventually creating a more user-centric, innovative, and efficient ecosystem. Our vision at SaitaChain is clear - to position SaitaChain Coin as a prevalent coin, seamlessly integrated into everyday transactions, contributing to user convenience in numerous ways.

“I want the SaitaChain Coin to be the new currency when people shop for their groceries or buy movie tickets. The ATMs, the bank lines, the check deposits must be a thing of the past.” - Mkay

Conclusion: A New Tomorrow on The Horizon The discontinuation of the Saitama Token and the introduction of SaitaChain Coin (STC), marks a pivotal moment in Saitama's evolution. This bold step reflects our commitment to continuous improvement, innovation, and providing our users with a crypto coin experience like never before. As we embark on this exciting journey, we invite our community to join us in shaping the future of finance with the SaitaChain Coin.

About SaitaChain Blockchain SaitaChain Blockchain is our technological marvel—a disruptive layer 0 public blockchain that is bound to be a game-changer in the crypto ecosystem. SaitaChain addresses the critical challenges of its Layer 1 counterparts, such as congestion and high gas fees, and promises to revolutionise decentralised finance (DeFi) with its exceptional transaction speeds and competitive fees. Visit saitascan.io for more information