Standard Tokenization Protocol
Name
Standard Tokenization Protocol
Summary
The STP (Standard Tokenization Protocol) Network intends to create a decentralized network that will make it easier for people all over the world to discover and use digital assets.
-It was founded by Minhui Chen and Richard Lee.
-It is built on the ethereum blockchain
Rating
Symbol
STPT
Overview
STP is the core contributor Verse Network which is a censorship-resistant, front-running-resistant, high-performance, and interconnected cloud for next-generation DAO and DeFi. It helps networks, developers, and organizations to successfully decentralize decision-making and grow their decentralized communities and applications. The STP Standard specifies how tokenized assets are generated, published, sent, and received while adhering to regulatory requirements.
The STP staff and community are spread out over the globe, with a strong presence in Asia. Several leaders, such as Block72, pioneered the development of STP and aided the community's global expansion, particularly in China, Korea, Russia, and Southeast Asia.
Historical Price Movement (in INR)
Technology
It is an ERC-20 token, therefore employing Proof-of-work as its consensus mechanism and supports solidity as its programming language.
The tokens, which are based on the STP Standard, will leverage the protocol's on-chain Validator to ensure that they comply with specific regulations in any jurisdiction or issuer. As a result of the Standard Tokenization Protocol, assets can be tokenized in a completely jurisdiction-compliant manner that can be transferred on any blockchain platform.
Validation Reward
25%
Private Round 1
25%
Private Round 2
5%
Ecosystem Development
15%
Block72 Foundation
15%
IEO
3.75%
Community Development
7.5%
Team
3.75%
Volume (8th May 2022)
$2,913,337
Total Supply
1942420283
Circulating supply
1.45B STPT
Crowd Sales
Standard Tokenization Protocol has raised a total of $7M in funding
Funding
1/06/2019: Seed Round- $7M
Country
Singapore
Name of Organization
STP Network
Year Incorporated
2019
Registered Address
1 IRVING PLACE #08-11, THE COMMERZE@IRVING, SINGAPORE (369546)
Dispute Resolution and Governing Law
Singapore
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Minhui Chen | Co-Founder and CEO | Columbia University in the City of New York: Bachelor of Science (BS), Operations ResearchBrandeis University: Bachelor of Arts (B.A.), Mathematics and Computer Science | 4 Yrs |
| Richard Lee | Co-Founder | Columbia University in the City of New York: NA | 8 Yrs |
Whitepaper 
