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STP Network STPT

STP Network header image

1. Summary

Ranks

Liquidity
Developer
Social
Momentum (beta)
Stack Rank™
Price
$0.04 +3.3%
Market Cap
$60.46M (#302)
Supply
1.55B / 1.94B
Price
52W High price $0.20
52W High date 8th Oct 2021 (8 months ago)
All Time High (ATH) Date 6th Oct 2021 (8 months ago)
ATH Price $0.27
% From ATH -85.98%
All Time Low (ATL) Date 1st Oct 2019 (2 years ago)
ATL Price $0.006467360000
% From ATL 485.42%
Supply & Trading Volume
Trading Volume (24h) $14.16M
Total Supply 1.94B
Max Supply 1.94B
Circulating Supply 1.55B
Description

Standard Tokenization Protocol is this open-source standard that is intended to define how tokenized assets can be generated, issued, and then sent or received, all whilst complying with all and any required regulations.

Standard Tokenization Protocol is this open-source standard that is intended to define how tokenized assets can be generated, issued, and then sent or received, all whilst complying with all and any required regulations.

This protocol allows any asset to be tokenized in a way through which they can become fully compliant within different jurisdictions and transferable across any ERC-20 based platform.

Any token that is built on top of this STP-Standard can use the protocol's on-chain Compliance Validator and verify compliance with relevant regulators, such as KYC, AML, and so on, and any issuer-specific requirements.

The Validator Committee serves as an advisory function to ensure that the Compliance Validator enforces the most up-to-date legislation at any point in time.

The STPT Token Explained

The Standard Tokenization Protocol’s token or STPT is tokenized using the Standard Tokenization Protocol Standard and serves as an example of the STP-Standard asset tokenization while also powering the incentive structure, which aligns with all participants and strengthens the overall network.

Issuers can pay an initial issuance fee which will be denominated in STPT to initiate the tokenization of the asset they have chosen. Any specific requirements and parameters can be implemented into the Compliance Validator as part of the initial fee. Then there’s the compliance validator gas, where senders of any STP-standard token have to use some STPT tokens as gas, with the goal of powering the compliance validator when a transaction happens. This is then pooled and paid out to stakers and validator committee members as a reward for their honest behavior within the network.

The network even enables a Proof-of-Stake (PoS) mechanism, where token holders can stake an amount of STPT proportional to their confidence that all of the requirements are met and can earn Compliance Validator Gas tokens in return for their honest behavior. Additionally, token holders can also delegate their stake to a token-elected Validator Committee, where the validators can earn STPT for submitting any publicly auditable proof that the Compliance Validator matches the laws of their jurisdiction or is functioning properly.

Features of Standard Tokenization Protocol

Through the combination of features of public offerings, token offerings, as well as blockchain-based smart contract programmability, STP offerings can provide specific benefits, such as automated compliance, programmability, and even on-chain crowdfunding, alongside others.

When it comes to automated compliance, the level of transparency which is provided by STP tokenization can enable real-time cap tables, public confirmation of legal compliance, clear legal guidance, and the preventative rejection of non-compliant trades through the token’s own code.

Then there's programmability, which is the ability to program value to move from one person to another if a certain condition is met, which can create value and lower operational costs. Pre-programming transfer of distribution features within an STP token can reduce the manual and labor-intensive process of issuing quarterly token distributions.

Founders of Standard Tokenization Protocol (STPT)

The Standard Tokenization Protocol (STPT) was founded by Minhui Chen, who fills the role of the CEO.

However, the STP team and community are distributed across the globe, with a strong concentration in Asia. Several leaders, including Block782, are initiating the development of STP and have helped grow the community.

1.1 Insights

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2. Price

STPT/USD

2.1. Market Performance

How does STP Network's (STPT) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-21.3%

STPT

-15.3%

Similar Market Cap

60 Day Return

-51.0%

STPT

-54.8%

Similar Market Cap

1 Year Return

-11.7%

STPT

-21.0%

Similar Market Cap

3. Developer Activity

We're monitoring 7 STP Network GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All STP Network Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 4
  • Past 12 weeks: 0 commits vs. an average of 21
  • Past year: 31 commits vs. an average of 403

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 794
Past week 0
Past 12 weeks 1
Past year 84
Past week 9
Past 12 weeks 13
Past year 36
Past week 0
Past 12 weeks 0
Past year 5
Past week 0
Past 12 weeks 0
Past year 1
Past week 0
Past 12 weeks 0
Past year 0

Top Developers 2022

In total, 6 developers have contributed to STP Network over the past year. Who are the most active STP Network developers, by commits, over the past year?

Related Projects

Developers working on STP Network also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users
Active Discord Users
Telegram Users 17,552
Twitter followers 35,372
5. News
6. Investment

Investors

Who are the funds and individuals that invested in STP Network?

Funding Rounds

STP Network has raised $7.0M across 1 funding rounds, between June 2019 and June 2019.

Amount / Round Date Investors
$7.0M / Seed 3 years ago 4
$7.0M / Seed 3 years ago 4
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://stp.network/
Explorer https://etherscan.io/token/0xde7d85157d9714eadf595...
Twitter @STP_Networks

What is the correct contract address for STP Network?

Ethereum 0xde7d85157d9714eadf595045cc12ca4a5f3e2adb

Has STP Network been audited for security?

No security audits found for this project.

Are you the owner of STP Network? Edit it here

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