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STP Network Crypto Token

Navigasi - Previously, the Standard Tokenization Protocol or STP Network was a decentralized network designed to facilitate the reach of digital assets regardless of their location.

Reporting from Coinmarketcap, this network ensures full compliance with regulations such as KYC, AML, accreditation, which use on-chain validators. The network also addresses regional-specific requirements such as holding periods, vesting or concentration of ownership.

The STP network's native crypto token is STPT Coin. STPT Coin is an ERC-20 token which is the main medium of exchange in the network used to pay transaction fees and also to reward contributors.

Founder of STP

STP Network was founded by Minhui Chen in 2019. The decentralized open source platform directs one's view on how to build, issue, send and receive tokenized assets.

Assets built into the network are fully compliant with the regulations required in any jurisdiction. Moreover, the network is highly interoperable and hence assets can be transferred to various blockchains.

The STP network is nothing less than a launching pad while STPT Coin, the native token, is used to purchase tickets for Initial Coin Offerings (ICOs).

The STP network tokenizes assets through their offering in a fully transparent and fully compliant ecosystem. It combines the features of IPO, ICO and blockchain-based smart contract programmability and offers great benefits to issuers and investors.

As mentioned earlier, the STP Network is an open standard that defines a tokenized asset ownership standard that is fully compliant with regulations.

STPT Coin Price

Based on Coinmarketcap data, Friday (5/8/2022), the STPT Coin price is IDR 709.83 with a 24-hour trading volume of around IDR 107.7 billion.

STPT Coin is down 0.52 percent in the last 24 hours. Meanwhile, Coinmarketcap's current rating is 305 with a market capitalization of IDR 1.1 trillion. Until now, there has been a circulation of around 1.6 billion STPT Coin supply from a maximum of 1.9 billion STPT Coin.