What Are SAT’s?
Sats is the short term for Satoshis, the smallest unit of Bitcoin (BTC). One Satoshi (sat) is equal to 0.00000001 BTC (one hundred millionth of a Bitcoin). Simply put, there are 100,000,000 Satoshis in one Bitcoin. The name initiated from the brains behind Bitcoin, Satoshi Nakamoto. Our current Play2Earn games reward users in Sats which has real value behind it.
It’s important to understand that the value of Satoshi’s can change depending on overall market conditions. When thinking about the value of Satoshi’s it is simply down to how Bitcoin is performing. As the price of Bitcoin increases, so does the value of your sats.
For example, let's say Bitcoin is sitting at $21,000.
You earn 200,000 sats over 3 months playing a variety of VIKER games.
Your 200,000 sats equate to 0.00200000 Bitcoin (an estimated value of around $42)