Soldait: Decentralized Payment and Digital Asset Management Platform

What is Soldait

Friends, imagine when we transfer money or shop, we always have to go through banks, Alipay, or WeChat—these “middlemen”, right? While these intermediaries are convenient, sometimes the fees aren’t low, and the speed may not be fast, especially for international transfers. Soldait (SIT for short) is a project that aims to build a “decentralized payment expressway”, hoping to let everyone manage and pay funds quickly, securely, and cheaply without relying on these traditional “middlemen”, whether using fiat (the money we use daily) or cryptocurrency.

Simply put, Soldait is a platform based on blockchain technology that provides a complete set of payment and fund management solutions. You can think of it as a “blockchain payment toolbox” containing several core tools:

• SoldaitPay (Payment Gateway): Like a smart cash register, it allows merchants and individuals to easily receive and send payments, supporting both fiat and cryptocurrencies.
• Soldaitswap (Decentralized Exchange): This is a trading platform without central management, where you can directly swap different cryptocurrencies, like a free market.
• Multi-functional Wallet: An app for securely storing and managing your digital assets.
• Multi-merchant Platform: A platform for merchants to sell products online and reach global customers.

This project mainly runs on the Binance Smart Chain (BSC). You can think of it as a very busy and efficient blockchain “highway”, and Soldait is building its payment system on this road.

Project Vision and Value Proposition

Soldait’s vision is to “make payments as simple, fast, and cheap as sending a text message”. It hopes to use blockchain technology to solve pain points in traditional payments such as high fees, slow speed, and lack of transparency.

Its core value proposition includes:

• Improved Efficiency and Convenience: Smoother payment processes, whether domestic or cross-border, can be completed faster.
• Lower Costs: By reducing intermediaries, transaction fees are lowered, benefiting both users and merchants.
• Enhanced Security and Transparency: Leveraging blockchain’s features, every transaction is publicly traceable and hard to tamper with, like an indelible record for every account entry.
• Empowering Users and Merchants: Returning control of payments to users and merchants, rather than being monopolized by a few large financial institutions.

Soldait aims to become the most popular cryptocurrency payment platform in the Gulf Cooperation Council (GCC) and Middle East regions.

Technical Features

Soldait’s technical core is Blockchain and Smart Contracts.

• Blockchain: You can think of it as a public, transparent, and immutable “distributed ledger”, where each page (block) records many transaction details, and these pages are linked in chronological order. This ledger doesn’t belong to any one person but is maintained collectively by all network participants.
• Smart Contracts: These are “automated protocols” written on the blockchain. Once preset conditions are met, the contract executes automatically, without any third-party intervention. For example, you set a condition “if I pay, then ship automatically”, and smart contracts can make it happen. Soldait uses smart contracts to ensure payment transactions are secure and transparent.

The Soldait project runs on the Binance Smart Chain (BNB Chain, formerly Binance Smart Chain), and its token SIT follows the BEP20 standard. This means it can leverage BSC’s high performance and relatively low transaction fees.

Tokenomics

The native token of the Soldait project is SIT.

• Token Symbol: SIT
• Issuing Chain: BNB Chain (BEP20)
• Total Supply: According to available information, SIT’s maximum total supply is 350 million tokens.
• Token Utility:
  • Payments and Transfers: SIT tokens can be used for cross-border payments and may enjoy discounts when transferring funds.
  • Trading and Arbitrage: As a cryptocurrency, SIT can be bought and sold on supporting exchanges, allowing investors to profit from buying low and selling high.
  • Staking for Yield: Users can earn rewards by staking SIT tokens, similar to earning interest by depositing money in a bank.
  • Participating in Activities: By joining promotional events on platforms like Bitget, users have a chance to receive SIT tokens for free.

It’s worth noting that as of now (November 2025), some crypto data platforms show Soldait (SIT) market data as “untracked”, and its circulating supply is shown as 0. This may mean the project is still in its early stages, or its token has not yet been widely circulated on mainstream exchanges. Additionally, details about token allocation, unlocking schedules, inflation or burn mechanisms have not been disclosed in public information.

Team, Governance, and Funding

Soldait’s founding team members include:

• Mostafa Ahmed (CEO)
• Dawood Al-ajmi
• Salem Al-ajmi
• Awadh Alshmmari

The company was founded in Dubai, UAE in 2021. Notably, as of November 2025, information shows Soldait has not yet received external funding. Details about the project’s specific governance mechanisms (such as how the community participates in decision-making) are not clearly stated in existing public information.

Roadmap

No detailed timeline roadmap for the Soldait project was found in public sources. However, according to news reports, Soldait has already launched its revolutionary payment gateway and a suite of products, including SoldaitPay, Soldaitswap, multi-functional wallet, and multi-merchant platform. This indicates the project has moved from the concept stage to product launch and operation.

Common Risk Reminders

Investing in any cryptocurrency project comes with risks, and Soldait is no exception. Here are some common risks to be aware of:

• Market Risk and Volatility: The crypto market is known for its extreme volatility. SIT token prices may be affected by market sentiment, macroeconomic factors, regulatory changes, and more, possibly causing significant price increases or drops.
• Liquidity Risk: Currently, information shows SIT tokens are still “untracked” on some major data platforms, with a circulating supply of 0. This may mean market liquidity is low, making buying and selling less easy, or price swings more pronounced.
• Project Development and Competition Risk: The payment sector where Soldait operates is highly competitive, with many established traditional payment giants and emerging blockchain payment projects. Whether the project can successfully launch, expand its user base, and realize its vision remains uncertain.
• Technical and Security Risk: Although blockchain technology aims to provide security, risks such as smart contract vulnerabilities, network attacks, and system failures still exist.
• Compliance and Regulatory Risk: Global cryptocurrency regulations are constantly evolving. Future regulatory changes may impact Soldait’s operations and development.
• Funding Risk: Information indicates Soldait has not yet received external funding. Financial status may affect the project’s long-term development and risk resilience.

Please remember, the above information is for reference only and does not constitute investment advice. Always conduct thorough personal research (DYOR - Do Your Own Research) before making any investment decisions.

Verification Checklist

If you’re interested in the Soldait project, you can further verify and research through the following channels:

• Official Website: https://soldait.com/
• Whitepaper: https://soldait.com/whitepaper%20v1.0.pdf (Recommended for a detailed understanding of the project’s technology and economic model)
• Block Explorer Contract Address: BNB Chain (BEP20) contract address:
  0xfd7113a715cee3d961edd72e277cb122e2f2744b
  (You can check this address on BscScan and other block explorers to view on-chain token activity)
• GitHub Repository: https://github.com/Soldait-Technology (Check code updates and development activity)
• Social Media:
  • Twitter: https://twitter.com/SoldaitGate
  • Telegram: https://t.me/soldait

Project Summary

Friends, Soldait (SIT) is an emerging blockchain project dedicated to revolutionizing traditional payments and fund management through decentralization. It has built an ecosystem integrating payment gateway, decentralized exchange, multi-functional wallet, and multi-merchant platform, aiming to provide a faster, safer, and lower-cost payment solution, especially in the Middle East.

The project is based on Binance Smart Chain and uses smart contract technology to ensure transaction transparency and automation. The team members are public, and the project has already launched its core products.

However, we should also note that Soldait still faces some challenges. For example, its token is still shown as “untracked” with zero circulation on some major data platforms, which may mean limited market liquidity. In addition, the project has not received external funding, which could be a consideration in the highly competitive blockchain space. Detailed tokenomics and future roadmap are also relatively lacking in public information.

Overall, Soldait paints a promising picture for the future of payments, but like any emerging technology project, it comes with inherent risks and uncertainties. For those interested, it is strongly recommended to study its whitepaper and all available official materials in depth, and keep track of the project’s progress. Please remember, this is not investment advice; all decisions should be based on your own independent judgment and risk tolerance.