Simple Token (ST)

Simple Token (ST) widget

ICO date: 12.11.2017 - 19.11.2017
Industry: Gaming & VR
Description:

An ecosystem (Simple Token - ST) and software suite that lets mainstream consumer applications launch their own tokens.

Features:

Simple Token [“ST”] is an EIP20 token. OpenST is a protocol to support token economies in mainstream consumer applications. The protocol enables ST to be staked on ethereum mainnet against minting Branded Tokens on open scalable side chains. The Simple Token software enables companies to launch and manage their own branded token economies based on Simple Token. The OpenST protocol enables the creation of utility tokens on a utility blockchain while the value of those tokens is backed by staked crypto-assets on a value blockchain.

Technical details:

Simple Token is in a fixed supply of 800M tokens generated at token generation event. Simple Token is freely tradable on Ethereum and is the base token on the utility chains where it pays for transaction fees of branded token transactions. There is no block reward for validation of the the utility chains. Validators need to stake Simple Token on Ethereum to validate on the utility chains.

Website: simpletoken.org
Basic review: Basic review
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Medium 2.2 / 5.0
Risk score
Low

Post-ICO

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Post-ICO Rating


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See also