Stockus Token World

STOCKUS OFFICIAL
4 min readNov 22, 2018

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Stockus is built on blockchain and has its own cryptocurrency, the STT. You may not know exactly what the STT token does and how it fits into the trading platform, but in this post we will look into this and discuss our upcoming sale of tokens.

Let’s talk about the STT. The STT is a utility cryptocurrency that will launch as an ERC-20 token on the Ethereum blockchain. We went with Ethereum because it’s the most mature smart contract platform with the most established token infrastructure.

Having STTs does not give you a share in the Stockus platform, but gives you premiums. The first time you buy our token, you find yourself in a new world, where all the possibilities open up for you.

FREEROLL

If you are not confident in your abilities and want to build your understanding of trading and whether it is for you, press the key: Freeroll (Free Game). This is your first tournament where you can understand how to play and make money on the exchange. And for this you do not need to spend a penny. If this is your game, you have successfully mastered it and start trading with profit, then the prize fund of the tournament is at your service (and it’s not small).

When you open stockus.io every morning, you see a beautiful landing page with stock tickers and the words: Professional games. You thought it is where the harsh traders fight and there is no place for you yet. But after some time even the prize fund of the amateur tournament Freeroll will begin to seem small to you in comparison. You press the cherished button: Professional tournaments, and find yourself in a new world.

Professional TOURNAMENT

Here everything is as it is in a real exchange game, and … everything is different. To open an account with a reliable classic stock broker, you need at least 2–3 thousand dollars. You will be surprised when you see that to play in a professional tournament, you instead need buy around 5 to buy STTs. By purchasing them, you get the opportunity to play in a tournament where you can earn tens, hundreds of thousands of STT tokens.

Entrance fee

Our tokens are used for the entry fee to professional tournaments, with a variety of tournaments; Short and long, with a small entrance fee and those where the participation in the tournament will require more STTs. There are tournaments where the prize fund is distributed among the participants fairly democratically: Most of the players of the first hundred receive their share. There are also tournaments where only the top three leaders receive prizes. For fans of more intellectual games there will be tournaments with options. There will be many different tournaments, where each user will select the one that he likes, and where he can best show their qualities.

Prize

The money that you pay for participation in one or another tournament, go to the formation of the prize fund. Therefore, the question: What is your prize fund in the tournament ?, isn’t relevant as prize funds will increase rapidly by the day.

The classic WFT standard tournament will have a prize pool of $ 19,650 by mid-2019, according to our calculations. We will also take 10% of all prize money for the development of the project and the development of new tournaments. The rest goes to the players.

Prize payment

Although it is usually called a prize, in reality they are earnings, the profit that a player receives when trading on the stock exchange through Stockus. How is it paid? So, let’s say you took part in a weekly tournament and paid 15 STTs for it. In total, 5462 players took part in the tournament (let’s say). The total tournament fund was 73 737 STT. Let’s say your nickname in Stockus is Chan Norris and you took 4th place in the tournament with the result: 6.48% of the profit you earned during the week. Your profit will be: 5 899 STT.

Within 15 minutes after the close of trading, your profit is transferred to your account. You can send it to the exchange and change it to bitcoins or ethers. We do not charge you a cent for withdrawing money from your Stockus account.

Token Sale

The public sale of STT tokens will begin on November 29, 2018. It will take place on stockus.io. There are many opportunities to obtain tokens, some with early-bird discounts. Details will follow.

STT’s initial exchange sale price will be set at $1.00. The same price will be set at the start of the token sale, with bonuses listed below.

Pre-sale. Users who desire to acquire the tokens before the public sale, can acquire STT. Their sale will begin on November 29, 2018 and will last for three weeks.

A total of 2 million STT tokens will be sold.

The first 500,000 STT tokens will be sold at the price: 1 STT = $0.2.

The remaining 1.5 million STT will be sold at the price: 1STT = $0.3.

Fundraising targets and limits are as follows:

Soft Cap (min token sale threshold) $50, 000

Target A $100, 000

Target B $200, 000

Hard Cap $450, 0000

Token Sale. Sale of tokens will begin in January 2019 and will last for four weeks. The sale of tokens will be divided into four rounds.

The total volume of sale of the tokens of the STT will compose approximately $7.0 million

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