SatelliteStar (STSR) is now available for trading on the LBank Exchange

Internet City, Dubai, September 13, 2022 – Global digital asset trading platform, LBank Exchange, incorporated SatelStar (STSR) on September 13, 2022. For all LBank Exchange users, the STSR/USDT trading pair is now officially available for trading.

Leveraging the power of blockchain technology, satellitestar (STSR) is here to gain market dominance in the commercial satellite market by improving communications security, data exchange transparency, irreversible information security, and cost efficiency. Its original STSR token was listed on the LBank Exchange at 16:00 (UTC+8) on September 13, 2022, expanding its global reach and helping it achieve its vision.

Introducing SatelliteStar

As a compound word for satellite and star, SatelStar is the name of a project that will improve communications security, data exchange transparency, irreversible information security, and cost efficiency by combining high-quality technology, business model, and blockchain in the commercial satellite market. As a result, it aims to gain a competitive advantage over existing market players and gain market dominance in the commercial satellite market.

To achieve this, SatelStar plans to develop satellites by creating a cost-effective system in cooperation with the Space Research Institute using open source technology based on high technology. In addition, by maximizing information security and data management through the blockchain, it will increase the attractiveness of the product itself. By having such high marketability and security, it is possible to secure a long-term profit model through contracts with world sports leagues and broadcasters. Also, by listing coins on world exchanges, it is possible to sign contracts with rocket launchers and launch and operate satellites.

During the initial estimated life of the satellite, a new source of revenue could be obtained through the purchase of sports broadcasting rights, the provision of satellite image transmission services, the provision of corporate data services, and the provision of meteorological data through commercial satellites capable of operating in low-band orbit. young . Moreover, using the accumulated capital, it is possible to develop secondary, tertiary and quadruple satellites, and finally, SatelStar plans to work up to medium-orbit satellites to establish itself as a leader in private satellite revenue.

In addition, there is also a SatelStar wallet with functions such as secure management, holding, transfer and transactions of coins. It is planned to release an application-type wallet that will allow users to check the working process and production phase of the satellite in production, the current orbit and status of the satellite after the launch of the rocket, the status of companies involved in the satellite business, the status of relay rights orders in real time.

About STSR Code

STSR is the original symbol for the SatelliteStar ecosystem. Based on ERC-20, the total supply of STSR is 100 million (100,000,000) tokens, of which 15% are for the sale of coins, another 15% will be used for satellite development, and another 15% will be used for blockchain development. 20% for missile development, 25% for launching and maintaining satellites, and the remaining 10% for the team.

The STSR token was listed on the LBank Exchange at 16:00 (UTC+8) on September 13, 2022, investors interested in investing in SatelStar can buy and sell the STSR token on the LBank Exchange right now. The inclusion of the STSR token in the LBank Exchange will undoubtedly help it to expand its business and attract more interest in the market.

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About LBank

LBank is one of the best cryptocurrency exchanges, which was established in 2015. It offers specialized financial derivatives, specialized asset management services, and secure cryptocurrency trading to its users. The platform accommodates more than 7 million users from more than 210 regions worldwide. LBank is a cutting-edge growing platform that ensures the safety of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

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