Standard Tokenization Protocol (STP Token) – Phim Hay –

User Cases

• Compliant Tokenization: Issuers can use Standard Tokenization Protocol to execute the tokenization of their assets. STP’s onchain Compliance Validator ensures global compliance at all times, giving issuers the best of all financing options: the liquidity of an IPO, the speed and efficiency of an ICO, and the compliance assurances of a regulated offering.
• Mobile Platform: Retail investors will be able to access new STP-Standard token offerings through the mobile app as well as wealth management tools for managing their STP-Standard token holdings. This single platform for all STP offerings will help individuals find and invest in the right projects for them while helping projects reach the right audience and grow their communities.
• Onchain Launchpad: The STP token enables new financial tools such as onchain crowdfunding where investors access new offerings by sending STP tokens directly to a smart contract which automatically returns the new STP-Standard token to the investor.

STP Features

Standard Tokenization Protocol’s platform token (STPT) will be tokenized using the Standard Tokenization Protocol Standard. It will not only serve as a prime example of STP-Standard asset tokenization, but will also power the incentive structure that aligns all participants and strengthens the overall network. The token will be necessary for the proper functioning of the network and have the following utility:

1) Issuance Fee: Issuers will pay an initial issuance fee to the Standard Tokenization Protocol, denominated in STPT, to initiate the tokenization of their asset. Any issuer-specific requirements, parameters, and rules around token transfers will be implemented by Standard Tokenization Protocol into the Compliance Validator as part of the initial issuance fee.

2) Compliance Validator Gas: Senders of any STP-Standard token will need to use some amount of STPT tokens as Gas to power the Compliance Validator when a transaction occurs. This Gas is then pooled and paid out to stakers and Validator Committee members as a reward for honest network behavior.

3) Staking: The network also enables a Proof of Stake mechanism that allows token holders to stake an amount of STPT proportional to their confidence that all Compliance Validator requirements are met, and they either earn Compliance Validator Gas tokens in return as a reward for honest behavior or else lose their stake to reward honest stakers.

4) Governance: Token holders may also delegate their stake to a token-elected Validator Committee. The validators who comprise this Committee will earn STPT for submitting publicly auditable proof that the Compliance Validator matches the laws of their jurisdiction or is otherwise functioning properly. The Validator Committee STPT rewards should incentivize these groups to participate in a meaningful way and become integral participants of the Standard Tokenization Protocol network.

Standard Tokenization Protocol’s decentralized smart contract platform ensures that compliance considerations (both jurisdictional and issuer-specific) are met at the token level at all times. Its native STPT token facilitates the incentive alignment of network participants by rewarding honest actors and stakers with STPT tokens for their respective roles in maintaining the integrity and performance of the STP network.

Standard Tokenization Protocol originates a new method of fundraising and issuance that is more transparent, accessible, fair, compliant, and efficient in today’s digital world.

A new standard for digital assets.

Website: https://stp.network/

Twitter: https://twitter.com/STP_Networks

Telegram: https://t.me/STPofficial

If you’re an issuer interested in tokenizing your asset, please reach out to us at: contact@stp.network