What is STP Network?

STP Network (STPT) is an abbreviation for Standard Tokenization Protocol, also known as Verse Network, is a blockchain infrastructure that creates an optimal environment for launching and managing DAOs (decentralized autonomous organizations). STP allows the conversion or tokenization of all types of assets into tokens, helping to leverage the advantages of token issuance through their protocol such as liquidity and capital raising capabilities. The parent company of STP Network is BLOCK72.

Products of STP Network

STP Network provides the Clique toolset to initiate, manage, and govern multiple DAOs integrated on the platform.

• DAO Initialization: Clique provides tools and infrastructure to build DAOs, including DAO classification (Membership DAO, Project DAO, and Investment DAO), token issuance, token distribution, public sale, and governance token issuance.
• DAO Management and Governance: After the DAO is launched, decentralized applications allow the community to participate in controlling and monitoring activities within the DAO.
• Member Activity Monitoring: Clique allows DAO members to observe and evaluate the activity levels of other members.
• Cross-chain Governance with Data Bridge: STP Network's Data Bridge enables cross-chain governance for DAOs.

Outstanding Features of STP Network (STPT)

STP Network's protocol complies with international regulations on digital asset issuance and ownership transfer. Some notable features of the STP Network protocol include:

Smart Contract Programmability Integration:

Reduces third-party involvement in operations, thereby reducing system costs. Smart contracts can automatically distribute profits based on the number of tokens each user owns. This also helps create smart contracts for fundraising for projects using the STP Network protocol.

Asset Divisibility:

STP Network's solution is not only applicable to encoding the value of a company or project but also indivisible tangible assets, such as valuable artworks. Tokenization allows the conversion of tangible assets into digital assets and divides them, enabling multiple investors to co-own.

Increasing Liquidity:

Allows trading and conversion between owners without the need for a third party.

Automatic Compliance:

Smart contracts automatically execute terms.

Creating New Financial Products:

The protocol helps facilitate the development of innovative financial products.

Outstanding Achievements of STP Network (STPT)

• Number of DAOs: 368
• Users: 162,700
• Proposals: 6,800

STPT Token Information

Token Metrics STPT

• Symbol: STPT
• Blockchain: Ethereum
• Token Standard: ERC-20
• Token Type: Security Token
• Total Supply: 2,000,000,000 STP
• Circulating Supply: 1,942,420,283 STPT

STPT Token Allocation

• Private Sale Round 1: 25%
• Private Sale Round 2: 5%
• IEO: 3.75%
• Validation Rewards: 25%
• Community: 7.5%
• Ecosystem: 15%
• Team and Advisors: 18.75%

STPT Token Release Schedule

• Private Sale – Round 1: 100% Unlocked
• Private Sale – Round 2: 100% Unlocked
• IEO: 100% Unlocked
• Validation Rewards: Locked until July 2020, then quarterly unlocked over 3 years
• Ecosystem: Locked until July 2020, then quarterly unlocked over 3 years
• Team and Advisors: Locked until July 2020, then quarterly unlocked over 3 years
• Community: 26.41% unlocked at listing, remaining unlocked every 6 months over 2 years

STPT Token Utility

• STPT token holders can vote on proposals related to the ecosystem and project development.
• Token is used to access tools on STP Network including Clique and Data Bridge.

How to Earn and Own STP Network (STPT)

• Purchase directly on exchanges after listing.
• Become a Compliance Validator or Nodes to receive STP Token rewards.
• Receive through Airdrop and Bounty programs.

STP Network (STPT) Partners

Future of STP Network (STP)

STP Network's solution is not new, but the demand for asset digitization through tokenization is expected to increase significantly in the future. Many projects have gone before, such as Ravencoin (RVN), Own (CHX), Lition (LIT). However, if STO becomes a trend, the demand for STP Token will also increase in the future.

Summary

STP Network (STPT) is developing with the mission of contributing to the realization of a decentralized society. STP has built an ecosystem with over 300 diverse DAOs from Social, NFT, Gaming to Mission Oriented DAOs. In the future, the project will continue to develop STP's Clique to better serve DAOs aimed at Autonomous Worlds.