After adjusting personal and pre-sale contribution allocations for the latest improve in ETH, the pool of remaining tokens was too small to host an equitable public sale, based mostly on projected demand from the STK neighborhood now greater than 20,00zero sturdy.
Instead, STK accomplished the sale with personal and pre-sale contributors and can difficulty an airdrop of tokens to eligible neighborhood members in January 2018.
“The overwhelming response to our Token Generation Event validates the demand for cryptocurrency funds at level of sale,” mentioned Nicolas Dinh, spokesperson for STK. “We’ve constructed an unimaginable neighborhood of advocates who will likely be among the many first to carry STK tokens by our airdrop as a present of gratitude for his or her ongoing assist.”
The public sale launch, scheduled for January 31 will now function the airdrop date throughout which as much as 1,250,00zero STK tokens will likely be offered to eligible neighborhood members who had been subscribed to any of STK’s social channels by 5:00 p.m. UTC on December 29, 2017.
Funds raised from the Token Generation Event will assist an aggressive improvement and execution timeline, aiming for the primary occasion of cryptocurrency funds at level of sale in Canada later this yr.
“STK token holders will profit from an accelerated improvement timeline as we onboard new improvement sources greater than a month forward of schedule,” mentioned Dinh. “We’re assured we’ll be the primary mass-market resolution for fast cryptocurrency funds in North America.”
About STK Global Payments
STK Global Payments is the cryptocurrency know-how resolution which allows real-time cryptocurrency funds at factors of sale, and the issuer of the STK token. The STK token was designed to offer a technique that may enable cryptocurrency for use immediately at retail for seamless integration into on a regular basis transactions and monetary companies. The STK token will likely be applied on the general public Ethereum blockchain as an ERC20 token. The STK token is a part of a worldwide resolution to facilitate borderless transactions by a wise contract which facilitates a real-time change of cryptocurrency into fiat on the POS.
For extra data on the STK token, go to www.stktoken.com.
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Images courtesy of STK
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