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Major Move on SANP (Santo) DNATags to Cardano, Santo Blockchain Labs deploying Ethereum Solidity Smart Contracts

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SANP (Santo) is in full beast mode rocketing up the charts in recent months trading billions and emerging as a volume leader in small caps. SANP has been under heavy accumulation recently and volume has picked up substantially since early September when Microcapdaily first covered SANP on December 29, 2020 the stock was still in triple zeroes but has skyrocketed since as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than SANP does.   

There is a lot to get excited about on SANP, a Company making big moves in the booming crypto space, specifically Cardano which has been on a serious tear over the past few weeks. SANP recently acquired 70% of the intellectual property (IP) and ownership rights to DNATags® whose prime directive is the authentication of products to ensure the consumer of its authenticity. Users will have the ability to earn DNARewards™ native tokens as they scan products to ensure their authenticity. These DNARewards™ will interexchange with other coupon rewards systems or can be converted to the native Cardano, ADA cryptocurrency. Earlier this month SANP reported DNATags™ will be converting its Ethereum Solidity-based Smart Contract to the Cardano Goguen Smart Contract. Santo Blockchain Labs has been developing and deploying Ethereum Solidity Smart Contracts for over 4 years now, with experience in ERC-20, ERC-721, ERC-1155 & ERC1450.  

SANTO (SANP) is a public traded company on the OTCMarkets under the symbol of SANP. The company focuses on the blockchain development of smart digital contracts for everyday life. Though its 100% owned subsidiary; SAITEC Technology & Development Joint Stock Company in Ho Chi Minh City, VietNam, the company leverages its highly efficient software engineers, VietNam is currently known as the Silicon Valley of South Asia. 

The Company’s subsidiary DNA Brands is a Holding company. In March 2020, the company acquired 954Solar LLC and has been engaged in Solar Digital Marketing and Sales. With the Acquisition of DNATags® the company now owns 2 pieces of Intellectual property, and will begin marketing DNATags® to both the medicinal and recreational Cannabis Industry. 

DNATags™ prime directive is the authentication of products to ensure the consumer of its authenticity, there is a secondary component that will be the coupon rewards module. Users will have the ability to earn DNARewards™ native tokens as they scan products to ensure their authenticity. These DNARewards™ will interexchange with other coupon rewards systems or can be converted to the native Cardano, ADA cryptocurrency. 

https://twitter.com/OTCSANP/status/1343921699738116096

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SANP

DNA tags was formed via a jv with Infinity Blockchain Labs Taiwan. This Joint Venture company will knit the best of both entities with world-leading technology in radio frequency identification (RFID) using the spectrum of near field communications (NFC) technology incorporated into blockchain and the internet of things (IoT) technology, to provide a solution for the growing epidemic of counterfeit cannabis products, that are endangering and hospitalizing hundreds of thousands consumers globally.

Earlier this month SANP reported DNATags™ will be converting its Ethereum Solidity-based Smart Contract to the Cardano Goguen Smart Contract. Santo Blockchain Labs has been developing and deploying Ethereum Solidity Smart Contracts for over 4 years now, with experience in ERC-20, ERC-721, ERC-1155 & ERC1450. The company has evaluated the long-term economics and technology benefits and has determined to move all its blockchain projects from an Ethereum to the Cardano Goguen. Unlike Ethereum, Cardano uses a mechanism that handles the tokenization natively on the ledger instead of via smart contracts, making all tokens in the Cardano blockchain follow the same logic and be inherently supported, instead of requiring the creation of layers as is the case of ERC-20 and ERC-721 tokens. This will ensures scalability, performance, and reduces transaction costs; also known as GAS Fees in the Ethereum world which lately are extraordinarily high and slowing down the transactions on the Ethereum network. 

DNATags™ prime directive is the authentication of products to ensure the consumer of its authenticity, there is a secondary component that will be the coupon rewards module. Users will have the ability to earn DNARewards™ native tokens as they scan products to ensure their authenticity. These DNARewards™ will interexchange with other coupon rewards systems or can be converted to the native Cardano, ADA cryptocurrency. 

Last week the Company announced DNATags™ will be converting its Ethereum Solidity-based Smart Contract to the Cardano Goguen Smart Contract. Santo Blockchain Labs has been developing and deploying Ethereum Solidity Smart Contracts for over 4 years now, with experience in ERC-20, ERC-721, ERC-1155 & ERC1450. The company has evaluated the long-term economics and technology benefits and has determined to move all its blockchain projects from an Ethereum to the Cardano Goguen. Unlike Ethereum, Cardano uses a mechanism that handles the tokenization natively on the ledger instead of via smart contracts, making all tokens in the Cardano blockchain follow the same logic and be inherently supported, instead of requiring the creation of layers as is the case of ERC-20 and ERC-721 tokens. This will ensure scalability, performance, and reduces transaction costs; also known as GAS Fees in the Ethereum world which lately are extraordinarily high and slowing down the transactions on the Ethereum network. 

https://twitter.com/OTCSANP/status/1344001070272417794

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SANP (Santo) is in full beast mode rocketing up the charts in recent months trading billions and emerging as a volume leader in small caps. SANP has been under heavy accumulation recently and volume has picked up substantially since early September when Microcapdaily first covered SANP on December 29, 2020 the stock was still in triple zeroes but has skyrocketed since as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than SANP does.  There is a lot to get excited about on SANP, a Company making big moves in the booming crypto space, specifically Cardano which has been on a serious tear over the past few weeks. SANP recently acquired 70% of the intellectual property (IP) and ownership rights to DNATags® whose prime directive is the authentication of products to ensure the consumer of its authenticity. Users will have the ability to earn DNARewards™ native tokens as they scan products to ensure their authenticity. These DNARewards™ will interexchange with other coupon rewards systems or can be converted to the native Cardano, ADA cryptocurrency. Earlier this month SANP reported DNATags™ will be converting its Ethereum Solidity-based Smart Contract to the Cardano Goguen Smart Contract. Santo Blockchain Labs has been developing and deploying Ethereum Solidity Smart Contracts for over 4 years now, with experience in ERC-20, ERC-721, ERC-1155 & ERC1450. We will be updating on SANP when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with SANP.

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Disclosure: we hold no position in SANP either long or short and we have not been compensated for this article.

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