STK Delays Public Sale To Coincide with Public Beta Testing

STK is delaying its Token Generation Event to coincide with STACK’s public beta launch in January, 2018. The public token sale will run from January 31 to February 14, 2018.

Gibraltar - December 7, 2017 /MarketersMedia/ —

December 7, 2017, Gibraltar – STK is delaying its Token Generation Event to coincide with STACK’s public beta launch in January, 2018. The public token sale will run from January 31 to February 14, 2018. The STK pre-sale is currently running and will end as scheduled on December 10, 2017 at 16:59 UTC.

STK is the first mass market instant cryptocurrency payment solution, providing access to more than 33 million merchants around the world.

“There is a growing demand for improved liquidity of cryptocurrency,” said Miro Pavletic, Director of STK. “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 point of sale.”

STK is also reducing its hard cap to $17MM USD, projecting early traction to support funding for future deliverables.

“Based on the response from our community and investment network, we’re anticipating fast growth in our initial markets,” said Pavletic. “This will allow us to replace a higher hard cap with early revenue, fuelling international expansion and supporting a larger user base.”

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. The token price has been updated to $0.10 USD. 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.

For full sale information, visit www.stktoken.com.

About STK Global Payments
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.
For more information on the STK token, visit www.stktoken.com.

Contact Info:
Name: Amanda Ashford
Email: amanda@getstack.ca
Organization: STK Global Payments

Source URL: https://marketersmedia.com/stk-delays-public-sale-to-coincide-with-public-beta-testing/274926

For more information, please visit https://stktoken.com

Source: MarketersMedia

Release ID: 274926

Latest News

Mob lynches Muslim man over cow smuggling charges in India

Jul 23, 2018

NEW DELHI — A Muslim man was beaten to death by a mob in western India over allegations of smuggling cows, police said Saturday, despite calls by the country's highest court for immediate steps to stop deadly mob violence across the country. Cows are considered sacred in Hindu-majority India, and slaughtering them or eating beef is illegal or restricted across much of the country. The mob intercepted two men on foot who were bringing two cows with them at around midnight Friday in a forested area in Alwar district of Rajasthan state and began punching and beating them with sticks,...

Melting of glacier causes flash floods in Pakistan's north

Jul 23, 2018

PESHAWAR, Pakistan — Pakistani officials say the melting of a glacier has unleashed landslides and floods in the country's northern district of Ghizer, inundating dozens of homes and displacing hundreds of people. Mohammad Khalid, a local police official, said Friday that authorities are sending relief supplies to the flood-hit villages. The region's disaster management authority said authorities are evacuating people from Ghizer, where a key road has been flooded. Residents say dozens of people have taken refuge further up mountains and were waiting for help. Also Friday, two people were killed in the northwestern city of Peshawar after a roof...

Rivers dry and fields dust, Iranian farmers turn to protest

Jul 23, 2018

VARZANEH, Iran — The small group of Iranian farmers gathered around their tractors — long idle, parked at the town entrance next to a canal that once irrigated their fields but has been dry for years — and they protested, pleading for help from the government. "We are the people," shouted Mostafa Benvidi. "Help the people. At night they go to bed hungry!" They held signs addressing officials they blame for their dried-up fields. "How long will you eat your bread made with our blood?" one sign read. Every day, farmers hold their small protest outside Varzaneh. It's a sign...

Toxic tanneries forced to move pollute new Bangladesh site

Jul 23, 2018

SAVAR, Bangladesh — Bangladesh tanneries prepping leather for shoes, belts, wallets and purses are dumping toxic chemicals into a river at a new industrial complex more than a year after the government shut them down for poisoning a different river and using child labor. "It's killing the river. The color of the water has changed," Abdus Shakur, a local resident who works as a day laborer, told The Associated Press last week. "I have been living here for decades and the condition of the river has changed dramatically over the last year." Turning cow hides into soft, hair-free leather can...

Out of the shadows: Rohingya rape survivors' babies arrive

Jul 23, 2018

UKHIYA, Bangladesh — Tucked away in the shadows of her family's bamboo shelter, the girl hid from the world. She was 13, and she was petrified. Two months earlier, soldiers had broken into her home back in Myanmar and raped her, an attack that drove her and her terrified family over the border to Bangladesh. Ever since, she had waited for her period to arrive. Gradually, she came to realize that it would not. For the girl, a Rohingya Muslim who agreed to be identified by her first initial, A, the pregnancy was a prison she was desperate to escape....

Search
Broaden News

Sign up now!

Recent Discovery will take you to the captivating developments in science, technology, and the universe around us. We deliver to you the latest news, theories, and developments in the world of science.

Contact us: sales[at]recentdiscovery.com