STP Network IEO Recap

STPT Sold Out In Less Than 1 Second!

Image for post
Image for post

STP is excited to announce the successful completion of our IEO on Bittrex International!

Today at 10:00am EST, STP Network conducted an IEO on the popular Bittrex International exchange which sold out in a fraction of a second. The initial offering of 75 million STPT tokens marks a record as the fastest initial exchange offering to date and implies large demand upon official listing later today.

The token sale was conducted with Bitcoin, requiring those who contributed to send BTC totaling between $10 and $2,500 USD, raising approximately $750,000, or 3.75% of the overall token supply. These funds will be used for further protocol development and the creation of a mobile app for retail users. We will have further updates on this with more detail shortly!

STPT/BTC will begin live trading on Bittrex starting at 8:00pm EST tonight

Given the tremendous success of the STPT IEO and the record-breaking speed, we expect all eyes will be on the STPT token listing which will officially begin live trading at 8:00pm EST tonight.

As CEO Mike Chen put it, “After a series of successful raises with strong partnerships behind us, we are confident in meeting our roadmap goals for 2019 and will be excited to share more news and developments in the coming months.”

Stay tuned!

Contact Us

STP Network

Anyone interested in learning more can visit us at:

If you’re an issuer interested in tokenizing your asset, please reach out to us at:

Stay in the Loop

Join Our Communities


Anyone interested in learning more about Block72 can visit us at:

For blockchain projects looking for investment banking services, please reach out to us at:

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch

Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore

Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store