[ANN] StakeIt (STAKE): Proof-of-Stake ERC20 Token & Smart Contract Based Games - page 32.

StakeIt

member

Activity: 280

Merit: 43

Quote from: TheCoinFinder on November 17, 2017, 11:00:48 AM

If i am not wrong, the StakeIt project is based on a centralized option,
Stake token holders can do whatever they want,
I suppose we can buy products on your website and on checkout, we would require to send stake tokens to the ethereum address the shop provides?

I like the idea possessing to this project, this project would be definitely giving amazing opportunities to shoppers.
Happy starting

Hi TheCoinFinder,

Yes. The staking option is a centralized one. However, STAKE holders are free to do whatever they wish with STAKE. For staking options, we will be selling a 'Staking Service' product on our website. This is to ensure that STAKE holders pay small amount of fees (which is all used to buy back our tokens & destroyed). Yes, when users purchase this 'Staking Service' product on our website, they will need to send STAKE to specified address (our revenues address). All STAKE sent to this address are destroyed immediately. This means, when the user wishes to withdraw initial amount + staked amount from our website, the tokens are wholly distributed from our Stake Reserve addresses.

Thank you for the kind words! We believe that with time, STAKE holders will be able to enjoy great ROI with constantly decreasing total supply & consistent demand created on the market.

TheCoinFinder

legendary

Activity: 938

Merit: 1001

If i am not wrong, the StakeIt project is based on a centralized option,
Stake token holders can do whatever they want with token,
I suppose we can buy products on your website and on checkout, we would require to send stake tokens to the ethereum address the shop provides?

I like the idea possessing to this project, this project would be definitely giving amazing opportunities to shoppers.
Happy starting

StakeIt

member

Activity: 280

Merit: 43

Quote from: Coin_trader on November 17, 2017, 10:14:34 AM

What is the use case of this token and how it works?
How about if you just sold only some small amount of token, do you have a soft cap? what happened if you did not reach that? What are your promotional actions? Good promotional campaign is really needed to get more funds from your token sale especially yours will kick off in a very limited time frame.

Hi! Thank you for your interests in our project.

As described on the whitepaper, the main purpose of our token is to have them 'staking'.

The use case is in the fact that it stakes on a daily basis (if kept under your account on our website). All revenues generated by us as 'staking fees' are used back to purchase the tokens on the exchange & they will be destroyed permanently. This ensures that (i) the total supply of the token decreases continuously (ii) there is a constant demand/buy order on the exchanges.

Additionally, we will have a 1-page AD platform with 100 AD slots. All of our bounty & giveaway campaigns are held on that page to ensure constant in-flow of traffic. Advertisers can purchase these ad slots with StakeIt tokens only. *All tokens earned from this page will be destroyed.

No, we do not have a soft cap. All unsold tokens will be destroyed. Even if we have only sold small amounts of tokens, we will keep moving on with development (at our own expenses). We can guarantee that the token will be listed on an exchange as soon as the token sale ends.

We believe in good promotional campaigns as well. We are actively managing and hiring community supporters and bounty campaigns. Should you have any suggestions or if you would like to help us, please feel free to reach out to us via dm.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

What is the use case of this token and how it works?
How about if you just sold only some small amount of token, do you have a soft cap? what happened if you did not reach that? What are your promotional actions? Good promotional campaign is really needed to get more funds from your token sale especially yours will kick off in a very limited time frame.

accountantfuttock

newbie

Activity: 46

Merit: 0

One of the most promissing projects for me… Will see)

StakeIt

member

Activity: 280

Merit: 43

Quote from: MelodyCrypto on November 17, 2017, 12:22:53 AM

Interesting this is like a mining by self we can get profit just hold them
can you tell me benefits and other uses of this token?
do you have mobile application for quick acces to platform ?

Yes, users can simply register and credit their tokens on the website to start staking on a daily basis OR users can decide to hold it under their ETH addresses if they don't trust our website/dashboard. One thing is for sure here. The total supply will continuously decrease as we buy back and destroy tokens with revenues generated.

We generate revenues in 2 ways.

1. 1-page AD platform
- We host bounty campaigns & giveaway campaigns on this page. This page also features 100 AD slots. AD slots can be purchased with StakeIt tokens only. ALL STAKE RECEIVED ARE DESTROYED IMMEDIATELY.

2. Staking Fees
- Whenever a user decides to deposit their tokens on the website, they are required to pay fees (purchase a product on our website). The fees are different for every staking tiers. ALL FEES ARE PAID IN ETH. ALL ETH RECEIVED ARE USED TO BUY BACK & DESTROY THE TOKENS ON EXCHANGES.

For this, we have a public address named 'Revenues address' for users to easily track the movement of funds & how much tokens we have destroyed in total.

Mobile app is the #1 option that we are planning to include on our roadmap depending on our token sale's success.

MelodyCrypto

full member

Activity: 434

Merit: 100

Interesting this is like a mining by self we can get profit just hold them
can you tell me benefits and other uses of this token?
do you have mobile application for quick acces to platform ?

StakeIt

member

Activity: 280

Merit: 43

Quote from: JNR on November 16, 2017, 08:13:28 PM

is the staking plan is depends in how many token we hold ?
but i see the tier 2 and tier 4 have the same rewards also tier 1 and tier 5 too,,
would you like to explain me about this ?

Hi JNR,

The rewards for tier 4,5 are the same as 1,2 in considerations of the constantly decreasing total supply of the tokens. This is to prolong staking periods which directly contributes to the very purpose of why this token was created - 'long-term profit'.

JNR

full member

Activity: 585

Merit: 100

@JNRcryptobox

is the staking plan is depends in how many token we hold ?
but i see the tier 2 and tier 4 have the same rewards also tier 1 and tier 5 too,,
would you like to explain me about this ?

bribed

full member

Activity: 238

Merit: 100

Looks interesting on the first glimpse. I will be happy to read the whitepaper soon and then judge. As I understand it, this can only work out if there are many people adopting it, so if there isnt a strong community around STAKE, it wont succeed.

titteringtacos

sr. member

Activity: 490

Merit: 250

I think you should add campaigns for social media too or even pay for promotional ads that will be used in you social media campaign. In that way the coin will also gain popularity among crypto people who are not in the btctalk furom but active in trading in trading sites. Cheers

StakeIt

member

Activity: 280

Merit: 43

Quote from: jatin729 on November 16, 2017, 12:01:29 PM

StakeIt i was gone through white paper and there was mention that Long term profit
How stake ICO will be used to generate long term profit ?

We will continuously buyback & destroy STAKE. We generate revenues through 'staking fees' and '1-page AD platform'. These revenues are wholly used to buy back the tokens on the exchanges (to destroy them). This will keep the overall market demand constantly increased. All tokens sent to us for staking will also be destroyed. Tokens are only distributed from Stake Reserves addresses. We are not financial advisors and so, we cannot forecast market growths. However, we believe that in the long-run, your tokens will be worth the benefits of the doubt you have given us today.

jatin729

full member

Activity: 812

Merit: 108

StakeIt i was gone through white paper and there was mention that Long term profit
How stake ICO will be used to generate long term profit ?

StakeIt

member

Activity: 280

Merit: 43

Thank you. We will be releasing our whitepaper today. We are currently searching for exchanges to list our tokens as soon as our token sale ends.

Mysterious01

full member

Activity: 266

Merit: 100

I will look forward to your website and also to the whitepaper as it is very important to dig deeper in your goal and roadmap. In exchanges also it will be good if you will start from bigger exchanges so the value of the tokens will be good.
Your long term plan sounds promising, buying back the tokens from the market and burning them just to balance the supply X demand.
This will make the tokens value also grow once the two will become balance.

StakeIt

member

Activity: 280

Merit: 43

Quote from: ventefruss on November 15, 2017, 11:06:49 AM

it's a good project, it seems interesting to me I
hope that you will succeed, good luck to all the team working on it
Best regards

Thank you. Our whitepaper will be released tomorrow!

ventefruss

full member

Activity: 164

Merit: 101

it's a good project, it seems interesting to me I
hope that you will succeed, good luck to all the team working on it
Best regards

Edgar9

member

Activity: 308

Merit: 10

StakeIt Bounty Programs & Giveaway Campaigns will be hosted on this page as well to ensure constant in-flow of traffic.

StakeIt

member

Activity: 280

Merit: 43

Quote from: migueltiu on November 15, 2017, 06:52:43 AM

Do you mean that this token would run like a bank with interest earned per anum? If we maintained a balance within your system, it is bound to grow?

Yes, it will stake off-chain. Meaning, tokens will be kept in specified addresses while it shows that it is staking on the website accounts. When one withdraws, the initial amount + staked amount will be sent from our Stake Reserve address (75 million tokens reserved in total).

Quote from: cepedacharles29 on November 15, 2017, 06:57:06 AM

Make social media pages like fb, twitter, reddit, instagram etc. so people will know more about your project
All social media

We are thinking of sticking to 1 communications channel and that will be Twitter. (https://twitter.com/StakeIt_Token)

Quote from: Gennady12 on November 15, 2017, 07:01:37 AM

more people must know about this coin then it have a chance to grow up. but what if anyone buy all the coins?

The total amount to be sold during token sale is 20 million. This is 20% of the total supply and all unsold tokens are destroyed.

Quote from: jatin729 on November 15, 2017, 07:16:15 AM

I hope that your Project is gonna rock, but to be honest please Give all data about Your ICOs, means when it is gonna start and what are the benefits that we get if we purchase token in pre ICO.
and also want to know when ICO is gonna hit exchange so we can convert token into ETH or USD.
I like your ICO what There should be need more information regarding it.
Thats all about my side

The token sale will begin on 22 NOV - 1 DEC (10 days). There will be no pre token sale. Any unsold tokens will all be destroyed. We will be listing the token on exchanges as soon as the token sale ends.

Quote from: emmybd on November 15, 2017, 07:25:29 AM

StakeIt Token is an innovative, revolutionary project. This project is going to be a great success. I wish best of luck.

Thank you for the great words. We appreciate it!

emmybd

full member

Activity: 1218

Merit: 112

StakeIt Token is an innovative, revolutionary project. This project is going to be a great success. I wish best of luck.

Topic: [ANN] StakeIt (STAKE): Proof-of-Stake ERC20 Token & Smart Contract Based Games - page 32. (Read 14751 times)