What is Stratis

With many cryptocurrencies coming into the market, it is important to understand their value addition proposition before investing with them. Stratis for instance focuses more on the corporate world. They seek to provide sustainable solution to the financial sector. Before asking what Stratis is in the cryptocurrency market is, it is important to have a look at its growth strategy and the solutions on offer.

Stratis is a blockchain based cryptocurrency presented in an as-a-service platform aimed at providing financial solutions to corporates. It enables financial institutions enjoy the benefits of blockchain technology. As a company, you customize the unique features to simplify processes and develop projects.

Stratis blockchains can be created and used by third party organization modified to suit individual needs. These sidechains are secured by the mainstream blockchain. You benefit from the system by using light clients and APIs to accesses your individual blockchain.

As a corporate, you do not have to incur the cost of building and maintaining a blockchain platform. Since you have the upper hand in customizing your blockchain features, you can link them with other currencies like Waves or Ethereum.
Stratis is a full node platform similar to that of their competitor, Bitcoin. It is programmed in both .NET and C# languages. This means it is easier to develop and maintain unlike systems based on C++ core. In addition to financial solutions, Stratis offers consultancy services. As demand for he services increase, they will provide advice on the right features for different client needs.

Stratis have an Initial Coin Offering (ICO) strategy aimed at raising funds to develop and market their brand platform. Their ICO managed to raise 915 Bitcoins that are worth $675 by July 2016. This is an ambitious project and as seen the rise in value and volume of the Stratis token (STRAT). The price grew by over 705%.

With the ICO, each investor enjoyed a 20% incentive, a reward that lasted for eleven day before returning to zero. The ICO generated a lot of interest that saw it sell majority of Bitcoins on the last day of the ICO. This is a clear indicator of how Stratis has the potential to help corporates achieve their financial goals.

After the ICO, over 98 million coins have been distributed; out of these 85.7% went to the ICO investors while the remaining 14.3% were retained for the purposes of marketing, project development, incentive programs and partnerships. This is a clear indication on how much Stratis value their investors.

Many cryptocurrency enthusiasts fail to understand what Stratis is simply because it is not for the masses; it is a unique platform to support financial corporates by integrating their systems and come up with processes that are seamless.