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Standard Tokenization Protocol logo

Standard Tokenization Protocol STPT

Standard Tokenization Protocol Price (STPT)
$0.0535
1.22% Buy STPT Now

0.0000143 ETH

0.000000783 BTC

Buy STPT Now
Low: $0.0531
High: $0.0554
24h
Market Cap
$103,929,209
1.22%
Fully Diluted Market Cap
$103,929,209
1.22%
Volume
24h
$3,034,014
4.29%
Volume / Market Cap
0.0292
Circulating Supply
1,942,420,283 STPT
Max Supply
--
Total Supply
1,942,420,283

Standard Tokenization Protocol (STPT) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

1.49%

Joined at Nov 12, 2023

Following

1

0.00%

Tweet count

9

0.00%

Standard Tokenization Protocol reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Standard Tokenization Protocol (STPT) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Standard Tokenization Protocol telegram
Telegram Stats
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Members

5.41%

Title

Verse Network by STP EN Official

Standard Tokenization Protocol traffic
Website Traffic
Visit Website

Website Rating (DR)

43 / 100

0.00%

Ahrefs Rank

1,283,145

1.95%

Organic Traffic (mo.)

0

Standard Tokenization Protocol github
GitHub Organization
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Public repos

Created at Nov 04, 2019

Type

Organization

Standard Tokenization Protocol github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Standard Tokenization Protocol (STPT) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Members: 9,047


Live STPT Price Analysis

The current real time Standard Tokenization Protocol price is $0.0535, and its trading volume is $3,034,014 in the last 24 hours. STPT price has plummeted by 1.22% in the last day, and decreased by 0.80% in the last 7 days. It’s important to note that current Standard Tokenization Protocol market capitalization is $103,929,209, Talking about circulating supply, STPT has 1,942,420,283 coins. Currently, Standard Tokenization Protocol rank on the market is #358.

Standard Tokenization Protocol price today is 81.22% below all time high, and it is 821.98% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling STPT are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Standard Tokenization Protocol?

The Standard Tokenization Protocol token, or STPT, is a utility token native to the Standard Tokenization Protocol (STP) which is part of the Verse Network. STP is a blockchain-based solution for tokenizing assets.

STPT has several use cases. Its core function is to serve as a governance token of the Verse Network. This means that STPT holders receive voting rights and can be part of the decision-making process detrimental to the future of the network.

Users can stake their STPT tokens, secure the network, and earn crypto rewards. This is done by delegating their tokens to a validator.

In addition, the Standard Tokenization Protocol token serves as a medium of exchange within the Verse Network. For example, it’s used to cover the transaction fees.

There is a max cap of 1,942,420,283 STPT tokens. They have been allocated as follows:

  • 30% - Private Sale;
  • 25% - Validation Rewards;
  • 15% - Ecosystem;
  • 15% - Block72;
  • 7.5% - Community;
  • 3.75% - IEO;
  • 3.75% - Core Team.

Since STPT is a cryptocurrency, its price tends to fluctuate. In order to make an informed purchase decision, you can have a more in-depth look at the STPT price history, or the current Standard Tokenization Protocol price, on the graph above.

What are the Main Features of Standard Tokenization Protocol?

Standard Tokenization Protocol facilitates the creation and issuance of tokenized assets. Projects can issue their own tokens based on the STP token standard. Its main benefit is regulation compliance specific to the selected region. This includes Accreditation, Know-Your-Client (KYC), and Anti-Money-Laundering (AML) requirements that may differ from region to region.

One of the primary goals of STP is to tackle the issues related to fundraising options for crypto projects by combining the best of both worlds - Initial Coin Offerings (ICOs) and Initial Public Offerings (IPOs). With the help of the Standard Tokenization Protocol, users can spend less and raise more for their projects.

STP operates using the on-chain Compliance Validator whose main responsibility is to confirm jurisdictional compliance based on the project’s location, in addition to issuer compliance, which represents requirements set by the project’s owner.

For example, jurisdictional compliance could mean verifying only a set number of investors, while issuer compliance could mean enforcing a specific token holding period.

Most importantly, digital assets that have been tokenized via STP can be easily transferred to different blockchain networks.

STP is backed by a validator committee which consists of members that have been selected by STPT token holders. The main responsibility of the validator committee is to “validate operational accuracy”. They will be rewarded with STPT tokens for their service.

The first token to be issued via the Standard Tokenization Protocol was the STPT token. 

As discussed in the What is Standard Tokenization Protocol section, STP is part of the Verse Network. The latter is a blockchain-based solution for decentralized autonomous organizations (DAOs). It’s based on the Ankr BNB Chain-Application-Sidechain framework.

Its ecosystem includes a variety of blockchain projects ranging from DeFi, NFTs, AMMs, and bridges, among many others. This includes VoltSwap, Meter Passport, MovieBloc, DeFine, and more.

It’s an open-source project. This means that its codebase is publicly available for anyone to review.

Additionally, the STP project has launched a Bounty Program with a reward of up to 9,000 US Dollars in the form of STPT. This means that independent developers who locate and report a vulnerability within the Standard Tokenization Protocol will be rewarded.

Who Developed Standard Tokenization Protocol?

The Standard Tokenization Protocol crypto project was launched in 2019. It's a Singapore-based blockchain company co-founded by entrepreneurs Minhui Chen, Sinhae Lee, and Richard Lee.

Minhui Chen holds a bachelor’s degree in Mathematics and Computer Science from Brandeis University and a bachelor’s degree in Operations Research from Columbia University in the City of New York.

He started his career in the crypto industry by becoming a founding partner of Global Blockchain Innovative Capital or GBIC. In addition, he’s the CEO of a blockchain-based consulting company - Block72. Minhui Chen currently serves as the CEO of Standard Tokenization Protocol.

Sinhae Lee went to Korea University and earned her bachelor’s degree in Business Administration. She later got into Stanford University where she successfully completed her studies and earned an MBA.  Prior to co-founding STP, Sinhae Lee worked in the business development sector at McKinsey & Company, Coin Inc., and NerdWallet. In addition, she’s a partner at GBIC.

Richard Lee went to Columbia University in the City of New York. After graduating, he joined the Infinity Group as an associate. Just like Minhui Chen, Richard Lee is also a partner at Block72 and GBIC.

STPT tokens were launched in 2 rounds of an Initial Coin Offering (ICO). The ICO event started in mid-2019 and managed to help raise over 7,000,000 US Dollars. In late 2019, STPT was launched on a South Korean exchange - Conoine.

Don't forget to check the STPT price via the graph above before making any investments.

What's Standard Tokenization Protocol trading volume in the last 24 hours?

STPT has a trading volume of $3,034,014 in the last 24 hours.

What's Standard Tokenization Protocol highest price ever?

STPT has a highest price of $0.2850, which was reached on Oct 06, 2021 (2 years 7 months ago).

What's Standard Tokenization Protocol lowest price ever?

STPT has a lowest price of $0.0058, which was reached on Sep 30, 2019 (4 years 8 months ago).

What are the best exchanges for buying and selling STPT?

Currently, the most active and dominating exchanges for buying and selling Standard Tokenization Protocol are Binance, Kraken & Kucoin. The most popular Standard Tokenization Protocol trading pairs are STPT/KRW (on Upbit ), STPT/USDT (on Binance ), STPT/USDT (on WhiteBIT ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping STPT?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Standard Tokenization Protocol. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Standard Tokenization Protocol project's Circulating Supply has been verified and is equal to:

Circulating Supply

1,942,420,283 STPT

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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