Categories
Ethereum

What is SAK3 token used for?

SAK3 token is


The ERC-20 token connected to the SAKΞ product.

SAK3 token is used for


  • Redeem one bottle of Sake.

How could SAK3 token be valued?


Some highly speculative ideas:

Meme

High meme-value of the token.

Signalling

  • If the SAKE token has a high price redeeming a token for a bottle is a bit of a flex.

What is SAKΞ?


SAKE is a tokenized product and the first minimal initial sushi offering (MISO) on Sushiswap.

How SAKΞ works


The project has custom-made a bottle of SAKE. A high-quality SAKE made by Kitanishi Shuzo.

Ownership of SAKΞ is dictated by the SAK3 token.

  • Only 888 tokens will exist.
  • 1 token is redeemable for a bottle of SAKE sent anywhere in the world.
  • You can buy a fraction of a token.

Design and creation

Unique art from artist Jonathan Jay Lee.
Design by Bjarke Ingels Group (BIG).

Token Isssuance


Total supply: 888

IDO

Only 200 tokens on Ethereum at first. Following up with other blockchains.

Similar projects


  • SOCKS

SAK3 token price


Crypto taxes

You really need to understand crypto taxes before you start trading. Koinly (affiliate) was the only service that solved our problem with crypto and DeFi tax. It's easy to use and you can try it for free.