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STK Delays Public Sale To Coincide with Public Beta Testing

Published 8 months ago by Bitcoinist.net

STK Delays Public Sale To Coincide with Public Beta Testing

Bitcoinist via bitcoinist.com

December 8, 2017, Gibraltar – STK is delaying its Token Generation Event to coincide with STACK’s public beta launch in January 2018. “Having a beta product in the market during our token sale will provide the first public proof-of-concept in the cryptocurrency payments space and solidify our position as the premiere mass-market solution for instant crypto payments at the point of sale.”.

The STK token supply will remain the same at 500,000,000, of which 55% will be available for sale for a total public supply of 275,000,000. Token distribution will be based on the conversion rates from Ether to USD 24 hours before the close of the public sale or when the sale hard cap is reached, whichever comes first..

STK Global Payments is the cryptocurrency technology solution which enables real-time cryptocurrency payments at points of sale, and the issuer of the STK token. The STK token was designed to provide a method that can allow cryptocurrency to be used instantly at retail for seamless integration into everyday transactions and financial services..

The STK token will be implemented on the public Ethereum blockchain as an ERC20 token. The STK token is part of a global solution to facilitate borderless transactions through a smart contract which facilitates a real-time exchange of cryptocurrency into fiat at the POS..

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