[STS]--STATUS SECURITY--EMPOWERING EARLY ADAPTERS & TOKEN HOLDERS

in #ico6 years ago

About the 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.
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).
PROBLEMS
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.
STS TOKEN SPECS AND ALLOCATIONS
Total Supply: 10,000,000,000 STS
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)
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.
In addition to the aforementioned sectors that are already baked into our economy, ST's will open up a staggering amount of new economic investments by tokenizing product creators and service providers. We will be able to tokenizing artists upcoming work, musicians albums, movies, professional services like dentists offices and lawyers firms, and absolutely everything else that drives a revenue in exchange for our share of the future profit in the form of dividends, payouts and token price appreciation.

Very Conservatively, we’re looking at a potential security token market well north of $100T. The global real estate market by itself is worth $217T. The entire utility and payment token market cap is currently less than $0.5T.

Institutional investors & hedge funds have been slow to enter the speculative cryptocurrency space. With the tokenization and optimization of the investments they are already familiar and comfortable with, that will rapidly change. Security tokens are the catalyst to the influx of big money.

So why do we need security tokens?
Currently, the assets that ST's are in the process of tokenizing are either centralized on fee intensive platforms or are illiquid and difficult to physically transfer or subdivide. Security tokens would allow for these trades to be done faster, cheaper, with less paperwork and across a transparent and traceable global decentralized market that operates 24/7.

Higher Liquidity
Where can you currently trade fractional percentages of real-estate or assets near instantaneously with low fees? Answer: Nowhere! Security tokens will allow all the assets of the world, like real-estate to be micro-owned and traded globally, instantaneously online. Lack of liquidity can account for in surplus of 20% of the cost of the asset. pg 12. That's enough of a reason to switch over right there!! With no liquidity, your $500,000home is now worth only $400,000. If you have ever sold a house, I'm sure you can relate. "Do I keep my house on the market as is another month or should I drop the price another $30,000?". When we are able to subdivide ownership, the minimum investment can be infinitely less, increasing liquidity dramatically. An upcoming example is a platform that allows you to purchase tokens of a home that is then rented on Airbnb, you earn both the rent in dividends and hold the appreciate asset of the token. When you want to sell, it is available to be sold on a global market. A tokenized time-share global economy could be near, but that's a whole other topic.

Less expensive to launch

The cost to tokenize is drastically cheaper, easier and faster to tokenize than to run an IPO. The cost to run an IPO can cost 10-12% of the total funds raised. Additionally, it takes less than half the time to tokenize than to launch an IPO. 5 year from now, when all the regulatory facets are worked out, it will be a no-brainer for any company to opt-in for tokenization over traditional IPO methods.

The rest of the answers brought to you by an exerpt by Anthony Pompliano:

“# Lower Fees

Many fees associated with financial transactions are derived from payments owed to middlemen (bankers, etc). Security Tokens remove the need for most bankers which reduces fees, and smart contracts may one day decrease the reliance on lawyers as well. These smart contracts will reduce the complexity, costs and paperwork with managing securities (collecting signatures, wiring of funds, mailing of distribution checks, collection of W-2s, Sending K-9s, etc).

Faster deal execution

The more people involved in a deal, the longer it usually takes to execute. When Security Tokens remove middlemen from investment transactions, they enable accelerated timelines for issuers to successfully offer their security. Additionally, immediate trade settlement on the secondary market for Security Tokens will become an attractive advantage for issuers & investors too.

Free market exposure

Most investment transactions today lack exposure to a global investor base. For example, it is hard for investors in Asia to invest in private US companies or real estate. With Security Tokens, asset owners simply market their deals to anyone with an internet connection (within regulatory limits). This free market exposure should lead to a significant change in asset valuations since any asset that is not exposed to a free market is mispriced.

Larger investor base

When asset owners can present deals to anyone with an internet connection, the potential investor base is drastically increased. For example, would you rather show your investment opportunity to only US accredited investors & institutions or every potential investor in the world? Competition is healthy and a long-term net good for financial markets.

Automated service functions

Lawyers are less middlemen and more service providers in most transactions. With Security Tokens, issuers will begin to use smart contracts to automate the service provider function through software. This doesn’t mean that lawyers will disappear, but rather that their role will be more advisory based.”
ADMAP
2018 Q1
INCEPTION
Founded Status Security™
Research
Planning Phase
Gathering team members and potential investors
2018 Q2
INTRODUCTION
Introduce STS Token to the world
Expand presence of STS in Social Media
STS Team expansion
Official STS Token Website creation and development
2018 Q3
DISTRIBUTION
www.ststoken.com website launch
Token Sale / Crowd Funding
Introduction of the world's first and only "Status Based Incentive Program" (SBIP)
Planning and development of the official STS Desktop wallet app witht SBIP staking feature.
First Exchange Listing announcement
2018 Q4
INCENTIVISATION
Token Sale / Crowdfunding ends
Planning and development of the official STS Token web wallet app with SBIP staking feature
Bug fix and development of web wallet
Planning phase for the mobile wallet with SBIP feature
More exchange listings and partnership announcements
TEAM
Orlando Untayao II
Co-Founder

Chief Technology Officer
Jerp Sangalang
Co-Founder
Chief Business Development Officer

Ericson Reyes
Co-Founder
Executive Creative Director

Joshuwa Roomsburg
Advisor
FOR MORE INFORMATION VISIT THE FOLLOWING LINK:
https://ststoken.com/

http://twitter.com/ststoken

https://t.me/STSTokenCommunity

https://ststoken.com/STS%20White%20Paper%202018%20v2.0.pdf

https://bitcointalk.org/index.php?topic=4935781.0

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1460674

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