Jump to content

Exchange Blog Cryptocurrency Blog


All Pips



[ANN] StakeIt Token (STAKE)


Recommended Posts

 


 


StakeIt Token



 

> Stake your tokens daily without time or age limitations. <

> StakeIt Tokens are community-driven ERC20 (Ethereum-based) Tokens. <

> This is not a get-rich-quick scheme nor an HYIP program. <

> It's a simple community-driven token with great token staking plans. <

> Long-term Token Buy Back & Destroy Plan <

 

***************************************************

 

Token Specifications

 

Name: StakeIt

Symbol: STAKE

Decimals: 8

Type: ERC20 Token

Blockchain: Ethereum 

Total Supply: 100,000,000 STAKE

 

***************************************************

 

Token Distribution

 

Total Supply: 100,000,000 STAKE 

Token Sale: - 20,000,000 STAKE (unsold tokens destroyed)

Bounty: - 5,000,000 STAKE

Stake Reserve: - 75,000,000 STAKE

 

***************************************************

 

Token Sale

 

Date: 22/11/2017 - 1/12/2017 (10 days)

Hard Cap: 20,000,000 STAKE (20 million)

Unsold Tokens: DESTROYED

1 STAKE = $0.05

Minimum purchase: 100 StakeIt Tokens ($5)

Currencies accepted: ETH

 

***

Please note that when you participate in the token sale, you will be required to provide your ETH address (as StakeIt token is an ERC20 token). Make sure that you have the full control over your private keys of your ETH address. Do not provide your ETH address from exchanges. It is best advised that you create a new account on MyEtherWallet.

 

***

 

We would like to thank you as an early-adopter giving us the benefit of the doubt. 

The token sale will, therefore, continue for a relatively short period of 10 days with all unsold tokens destroyed.

 

 

***************************************************

 

Links

 





Exchanges: TBA


 

***************************************************

How StakeIt Works

 

Our dashboard (website) will allow users to stake their tokens off-chain (safely)

1. Register on the dashboard & deposit your tokens to specified ETH addresses

2. Tokens will start staking with balances updated on a daily basis (on our dashboard)

3. Withdraw your tokens back to your ETH address (on-chain) at any time you want

(Note: 24 hours processing time applies for all withdrawals as they will be checked manually for security reasons)

 

Each time you decide to deposit and stake your tokens, you will be required to pay a small fee (ETH). 

 

All revenues earned from this will be used to buy back the tokens on the market & they will be permanently destroyed.

 

***************************************************

 

Staking Plans

 

This is not an annual/monthly/daily staking plan. 

As soon as specified amounts from the Stake Reserves (75 million) have been distributed, staking rates of next tier applies.

 

Tier 1: First 15 million from Stake Reserves

0.035% daily (Approximately 12.775% per year)

Minimum amount required for staking: 1,000 STAKE

Fee: $2 equivalent in ETH

 

Tier 2: Second 15 million from Stake Reserves

0.05% daily (Approximately 18.25% per year)

Minimum amount required for staking: 2,000 STAKE

Fee: $5 equivalent in ETH

 

Tier 3: Third 15 million from Stake Reserves (BEST STAKE RATE)

0.075% daily (Approximately 27.375% per year)

Minimum amount required for staking: 4,000 STAKE

Fee: $10 equivalent in ETH

 

Tier 4: Fourth 15 million from Stake Reserves

0.05% daily (Approximately 18.25% per year)

Minimum amount required for staking: 8,000 STAKE

Fee: $15 equivalent in ETH

 

Tier 5: Final 15 million from Stake Reserves

0.035% daily (Approximately 12.775% per year)

Minimum amount required for staking: 10,000 STAKE

Fee: $20 equivalent in ETH

 

All revenues earned from this will be used to buy back the tokens on the market & they will be permanently destroyed.

 

***************************************************

 

More Tokens Destroyed - Revenue Stream

 

In addition to the revenues earned as stake fees, there will be a  1-page AD platform which contributes to the token buyback & destroy plans. 

1. This AD platform will contain 100 different AD slots.

2. Advertisers will need to pay in StakeIt tokens to place their advertisements on the page.

3. StakeIt Bounty Programs & Giveaway Campaigns will be hosted on this page as well to ensure constant in-flow of traffic.

 

All StakeIt tokens received as revenues will be destroyed to balance supply X demand.

 

***************************************************

 

Team

 

By now, you should have realized that we are in fact, not keeping any of the tokens for ourselves. 

The only funds we will have as development fees will be the funds collected through our token sale.

Although this token is not to be treated as a security, the nature of it has the potentials to be treated as one.

In order to avoid legal and tax issues, we will not be revealing ourselves. 

We know that we are going to get alot of backlash and stones thrown at us for this but this won't stop us from further developing this great token. 

We believe that with time, we will be able to prove our legitimacy.

 

***************************************************

 

Token Addresses

 

Token Sale


 

Bounty (5 million)


 

Tier 1 (15 million)


 

Tier 2 (15 million)


 

Tier 3 (15 million)


 

Tier 4 (15 million)


 

Tier 5 (15 million)


 

***************************************************

 

 


 



 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...