The real problem with crypto money is that it is hard to use them for purchasing goods and services. Crypto owners do not prefer to exchange crypto assets for fiat currency, which involves too much fees. Smaller exchanges rip off the average user. If you have a marketplace and store where you can buy and sell only involving crypto payments, how useful it would be?
That’s the exact solution, Stater is going to offer. It is creating two marketplace platforms and three mobile apps for C2C and B2C transactions using Stater tokens. These tokens can be bought using bitcoin.
Stater is a proof of stake cryptocurrency that is limited by the availability of meganodes and masternodes. Nodes form the backbone of this crypto network. Nodes give you voting rights in the decentralized governance. Masternode entitles you to 1 vote and Meganode provides with 10 votes.
Stater App:
Stater app will be the principle app for payments using stater token. The alpha version of the app is ready, the development is going on for a full featured app, stater app will make payments, shopping, eating and travelling very easy.
Statermarket:
Statermarket.com serves as a standalone website. Cryptocurrency users can sell their new and used products locally on this market style platform. Peer to peer selling witnessed exponential growth in the last couple of years. This p2p type of selling is on the rise and it won’t change in near future. Statermarket users can list and update products while setting price in Stater tokens. Chats can happen between buyer and seller via website and app. Adjustments to the local currency on date of sale is taken care of, by Statermarket app. Sellers will get Stater tokens and buyers get the security of paying with Stater. It is a win-win situation for both parties.
Staterspots:
Staterspots unlike Statermarket is a business to consumer platform. Businesses need to accept cryptocurrency. Why? Cause cryptocurrency is gaining mass popularity and global acceptance. Most of the businesses do not have the tools required to accept crypto payments. Staterspots is changing it, by equipping businesses to accept crypto payments. They go the extra mile to make businesses aware of the benefits of accepting these transactions. It does that with the help of focused marketing campaigns. Business can register their location of sourcing their goods. Listing on the platform gains local exposure and attention from cryptocurrency community. Instead of exchanging for fiat currencies, crypto owners like to purchase goods and services. Staterspots app helps customers locate local businesses that accept Stater. So staterspots will equally benefit the businesses and the customers.
ICO details:
Stater tokens will be referred to as STAT. The ICO runs for a period of one month. The ICO starts by 14th October 2017 and closes on 14th November 2017. Each STAT token equals 0.00025 BTC in value. 20 million STAT tokens will be up for the total initial supply. 1 million tokens will be retained by the company. Bitcoin and Ethereum are the accepted currencies in token sale. 80 meganodes and 1450 masternodes are available during ICO. A person cannot buy more than 2 meganodes and 5 masternodes. The minimum purchase a participant can make is 40 tokens. The minimum funding target is 500 BTC, which if not reached results in contributions refunded to participants. Bonuses are available anywhere between 10-50% depending on how early you make contribution.
Conclusion and Important links:
Stater project is a comprehensive platform of multiple apps and web portals that will provide solutions for a huge crypto market by making buying, selling and paying hassle free. The team seems professional, they are already developing the products actively which is a great thing. I am sure stater ecosystem will help in the mass adoption of the cryptocurrencies.
Please find all important and official links related to stater project and keep yourself updated with the news and progress of the project:
Website: http://www.statercoin.io/
Whitepaper: https://statercoin.io/whitepaper/Stater_WhitePaper_EN.pdf
Bitcointalk forum ANN thread: https://bitcointalk.org/index.php?topic=2219880.0
Facebook: https://www.facebook.com/Statercoin/
Twitter: https://twitter.com/Stater_Coin
Reddit: https://www.reddit.com/r/Statercoin/
Medium: https://medium.com/@Stater/
Telegram: https://t.me/Staterchat/
Kind Regards!