SatoSeries
SatoSeries is a consensus proposal for owners of inscriptions and collections, wishing to create their
own satributes for their inscriptions, using a unique and interactive distribution method.
Here is the concept of SatoSeries:
1. Distribution Mechanism: Utilizing Postage Costs. Distribution is facilitated through postage
costs, which inevitably accompany each inscription during creation due to the dust limit. Thus,
any inscription can count on at least 545 common sats that can be released as SatoSeries, or
5,450,000 sats for 10k collections.
*SatoSeries use only the sats accompanying the inscription at the moment of creation.*
2. Interactive/Educational Element: Despite the relatively simple distribution mechanism, which
does not require any participation from inscription owners, many will have to try UTXO
management tools for the first time in order to preserve the inscription while having the
opportunity to sell SatoSeries, or vice versa. SatoSeries owners will need to interact more
actively with their assets. They will have to separate the SatoSeries from the inscribed sats,
while assigning new postage costs to the inscriptions. By requiring active UTXO management,
the collection not only appeals to collectors but also educates participants about an important,
yet often overlooked, aspect of Bitcoin transactions.
3. Rewarding Collection Owners: In one way or another, SatoSeries create value and interest
around collections, stimulating liquidity. Sat hunters and enthusiasts, who until now have been
exclusively engaged with rare sats, can use their experience and knowledge to purchase inscriptions
with one goal in mind - acquiring SatoSeries, thereby potentially increasing the value and liquidity
of the collections.
4. Independence: Every satoshi in collection will be verifiable and independent, adhering
to the principles of decentralization and transparency. This aligns with the ethos of Bitcoin and
Ordinals, where trust is placed in the protocol, not in centralized entities.
Key Advantages of SatoSeries:
At the time of writing this text, two unrealized concepts exist for creating satributes distinct
from the usual Rare and Historical sats:
a.*** Sats Ranges - You can choose an arbitrary range of sats, either the first block of the inscription
from the collection or the satoshis mined on the day the collection was launched. We can see this
approach's aspiration to maximize the connection with the collections for which they are issued.
b.*** Endowing satoshis located in centrally selected wallets, following specific rules,
in a centrally determined quantity. This approach could likely be useful in cases where projects
require more flexible control over volume, distribution, etc.
SatoSeries creates a direct link between sats and inscriptions/collections of inscriptions.
It adds a layer of complexity and fairness to the distribution, promoting involvement in the collection's
economy from an early stage and rewarding those who expand their knowledge of Bitcoin.
***a. ***Partial implementation of the range creation and tracking function was demonstrated on
satology.io
***b. ***saturnbtc.io has not yet demonstrated its technology called “rings”; however,
considering the stated features and conditions for receiving an airdrop, it can be correlated
with the corresponding concept.
@TangataNui