STS - Digital Revolutionary Currency
STS - Digital Revolutionary Currency
Status Security Token
Status Security Token (STS) is a revolutionary digital currency focused on security, efficiency and worldwide availability. It uses peer-to-peer technology, operating within the fast-paced and secured Ethereum blockchain. STS not only recognizes early adopters and long-term holders but will also be the first - and only - coin to deploy a "Status-Based Incentive Program" (SBIP).
About the STS Project
Status Security (STS) Token combines exchanges, brokers, traders and investors into a decentralized secure, stable and transparent network. This revolutionary digital currency is focused on more than just security and efficiency, it uses peer-to-peer technology to provide worldwide availability and stability to the often volatile crypto-based financial market. Operating within the fast-paced and secured Ethereum blockchain, STS not only recognizes early adopters and long-term holders but will also be the first to deploy a Status-Based Incentive Programme (SBIP) into the worldwide market.
SO, WHAT’S THE PROBLEM?
Well, along with the exponential growth of the cryptocurrency sector, and much like the “.com” hype at the late 90s, the market depicts extreme volatile values. For example, 1000s of new cryptocurrencies are introduced on a monthly basis. With interstice manipulations on their values and unreadable market reception, it has become too wild an environment for the mainstream financial community.
At the end of the day, the complexity of the exchanges, the need for reliable data that is largely unavailable, the high-risk nature of these currencies, extreme volatility of the market and other practical difficulties, like coin dumping at slight market fluctuations, have all compounded. This renders buying and safely storing an effective and diverse portfolio of digital coins a truly complex problem. One that is still deterring many investors from even dipping their toes into the world of cryptocurrency.
THE FUTURE: STATUS SECURITY (STS) TOKEN
Status Security (STS) Token proposes bringing a stability and security to this incredibly volatile market, in order to create a future where both first-time and seasoned investors can enjoy some peace of mind when holding a portfolio of STS tokens.
How? Well, our team believes that by integrating with the rise of wallet app technology, that we’ll have the ability to deploy a unique, never-seen-before, Status-Based Incentive Programme (SBIP). Using this model, we’ll be able to deliver incentives to STS Token holders who are faithful in preserving the growth and integrity of our cryptocurrency.
Our SBIP will encourage the growth in value of our coin through community trust and STS Token retention, similar to the way that bonds maintain a value based on the market share of the top 500 publicly listed US companies (the S&P 500). This methodology has been ideated out of the belief that there is always going to be uncertainty. There is no way to predict values or behaviors in the cryptocurrency market.
However, that by building a community of investors, who are incentivized to retain our coin, even throughout market fluctuations, we can at least build stability around our own currency within this volatile environment.
Bitcoin, as we know it, has been a victim of the market’s extreme volatility. From reaching the staggering $19,783.21 per BTC on Dec. 17, down to the $5,000 mark by July 2018.
Indeed, several factors are responsible for such dip. However, one of the biggest reason is mass dumping – from collecting small profit to stop-loss. Imagine a world where people know how to HODL (Hold On for Dear Life). A system where you gain profit not just by trading but also by HODLing.
OUR PLAN: STS TOKEN SPECS AND ALLOCATIONS
Total Supply | 10,000,000,000 STS |
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Contract Address | 0x2193b9f2b5e5051e41c32c71b25587d6a6f045c8 |
Decimals | 18 |
Token Type | ERC20, Deflationary |
Circulating Tokens (35%) | Consists of Investors’ Club (1.5B), Self-drop (1.5B) and airdrop (500M) |
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SBIP (20%) | Bonus allocation solely for SBIP |
Community Rewards (10%) | Giving back to the deserving individuals who work as hard by promoting and contributing to the STS Project |
Team Allocation (10%) | Will be frozen for at least a year |
External Costs (10%) | Costs for exchange listings/promotions, gas fees, etc |
Ad Hoc (15%) | No Plans yet. Could be allocated for SBIP, Token Burn, etc |
ROAD MAP
MEET THE TEAM
The Status Security (STS) Token is made up of an ever-growing team of people who are passionate about the future of Blockchain technology and Cryptocurrency.
To find more relevant details from the STS project, please follow a number of sources for the following references:
AUTHOR: Vionaa
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1663173
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