The Standard Tokenization Protocol Coin is a token used as a payment currency for services within an ecosystem that includes projects, service providers, and investors. The STPT token is currently used on various platforms, including Blockzone.com, which allows its users to participate in activities such as airdrops, rewards, Micro Token Offerings, and digital staking.
What is Standard Tokenization Protocol (STPT)?
The Standard Tokenization Protocol (STPT) aims to establish a decentralized network to facilitate the discovery and utilization of digital assets in global communities. The STP Standard defines how tokenized assets are created, issued, transferred, and received, ensuring compliance with necessary regulations.
On the other hand, the STP team and community are distributed worldwide, with a strong concentration in Asia. Several leaders, such as Block72, have initiated the development of STP and contributed to the growth of its global community, especially in hubs like China, Korea, Russia, and Southeast Asia. As the network continues to grow, more platforms and users will use the token to access its global community and interact with platforms built on the STP Network.
Tokens built on the STP Standard will use the protocol’s on-chain Validator to verify compliance with specific requirements in any jurisdiction or issuer. Thus, the Standard Tokenization Protocol enables the tokenization of assets in a way that is fully compliant with jurisdictions and transferable on any blockchain platform.
In addition, companies can use the Standard Tokenization Protocol to tokenize their assets. STP’s on-chain Compliance Validator always ensures global compliance and offers companies the best of all financing options.
Furthermore, individual investors can also access new STP-Standard token offerings and asset management tools for managing STP-Standard token assets via a mobile application. This single platform for all STP offerings helps projects reach the right audience and grow their communities while assisting individuals in finding and investing in the right projects for them.
Moreover, the STP token provides new financial tools like on-chain crowdfunding, where investors access new offers by sending their STP tokens to a smart contract that automatically returns the new STP-Standard token to the investor.
Review of STPT Coin
The price of the STPT Coin appears to be highly volatile. Therefore, investors are cautious about this cryptocurrency. However, a segment still trusts the Standard Tokenization Protocol Coin, believing in the strength of its underlying platform.
In addition, it would be useful to look at the current prices of the STPT coin for a better assessment of investor comments.
At the time of writing, according to CoinMarketCap data, the Standard Tokenization Protocol was trading at $0.0172 and 0.00000089 BTC against Bitcoin (BTC). It is also noted that with a market value of $15,783,753, the Standard Tokenization Protocol (STPT) is ranked 436th. It is also worth noting that STPT Coin saw its lowest level at $0.0058 on September 3, 2019, and its record level at $0.0658 on June 27, 2019. According to CoinMarketCap data, there are 916,326,558 Standard Tokenization Protocol Coins in circulation, with a total supply of 1,942,420,283 STPT Coins.
How to Buy Standard Tokenization Protocol Coin?
The Standard Tokenization Protocol (STPT) can be quickly and easily purchased via Binance, the world’s largest cryptocurrency exchange by trading volume. It is worth noting that STPT Coin was listed on Binance on March 24, 2020, and is currently available to users in STPT/BNB, STPT/BTC, and STPT/USDT trading pairs.