STK Token - Global Payment Network - COINSAURUS CRYPTO

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Friday, October 20, 2017

STK Token - Global Payment Network

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On October 25, 2017, STK ("STK Global Payments AG") will hold a Token Generation Event (TGE) event and will create an STK token for purchase at the token sales site STK (www.stktoken.com). The STK Token will allow the real-time point of sale transactions (POS) directly from the private user's crypto purse.

The STK Token is part of a global solution to facilitate seamless transactions. To make an instant payment at the point of sale of the blockchain wallet requires that we exchange real-time exchange of cryptocurrency to fiat. STK automatically opens state channels between each user and his own STK wallet. Token STK fund transactions, same as Ethereum gas fund transactions. The first implementation is with STACK digital wallet. The STK Token will be implemented on a public ethereal blockade and comply with the ERC20 protocol.


Until now crypto has not got mainstream adoption. The last obstacle to mass market adoption will be removed when crypto is embedded in everyday trading. Because merchants receive very few cryptocurrencies at the point of sale or online, consumers should exchange cryptographic into their local currency to make daily purchases. Through these exchanges, this can take a long time, and come at a considerable cost. Although some companies have created products that allow resellers to receive Bitcoin payments, they are currently only available in a small number of locations.

The goal is for this exchange to take place in real time, wherever credit cards are accepted, and at a cost comparable to transaction costs on Ethereal. Currently, the confirmation time for Bitcoin transactions averages 10 minutes2, too long for purchases of merchandise. The ethereum transaction is faster, at an average of 24 seconds, but it is too slow for point of sale. Furthermore, neither the merchant nor the local currency provider is willing to wait for the amount of time required for the transaction to be confirmed in the blockchain, which is very important to protect both parties from cheating. 
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STACK
STACK is a new personal financial platform, built on the idea that using your money should be free. Universal accessible, STACK is an alternative to traditional banking that allows you to safely store your money, access it instantly and transact with it anywhere in the currency including crypto, directly from your smartphone.

STK Token will provide instant key crypto payment at the time of sale, allowing the integration of cryptocurrency into daily transactions and financial services at STACKwallet. The STK Token will be implemented on a public Etherium blockchain as an ERC20 token. The STK Token will provide instant crypto payment at the time of sale at any merchant. The STK Token will allow access to a real-time exchange, which means you can use your crypto account for transactions whenever and wherever you like.
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The goal of STACK
STACK goal is to become a full-service personal finance solution. In addition to the crypto-card bag wallet, STACK creates a positive and sustainable relationship between users and their money, without the stress associated with most products or financial transactions. 

Benefits of STACK
offering to its members a free digital money service, including : 
  1. Real time conversion from crypto to local fiat currency at point-of-sale 
  2. Tap-to-pay functionality in STACK mobile applications and to participating third-party mobile wallets
  3. Multi currency money purse (crypto and fiat currency)
  4. Chip-and-PIN EMV Card
  5. Social sharing to celebrate important moments in the World Stream STACK
  6. The ability to withdraw cash from any ATM
  7. Tips, tools and advice tailored to achieve your financial goals, faster

Vision
STK Global Payment's vision is to create globally accessible alternatives to traditional banking, allowing you to safely store money, access it instantly and transact with it anywhere in the currency including crypto by using STK token, directly from your smartphone, with using STACK Applications Create a digital wallet as a companion of traditional card solutions, the STACK app lets you use your currency at point of sale, anywhere in the world.

Conclusion 
STACK is a revolutionary new approach to personal finance, providing a cost-free alternative to traditional banking with a globally accessible platform to spend, store and share your money, in any currency, at any time and directly from your mobile. STACK is creating a community of users who celebrate important moments by sharing stories and delivering personalized solutions to achieve financial goals faster than ever. STACK uses industry-leading security to protect your money, data and privacy, so accounts are safe and secure.
  • EMV Chip and Pin Card 
  • Transition Notice 
  •  In-app card freeze, reset pin 

STACK has built the monitoring process of KYC, AML and fraud monitoring.
  • The onboard process uses a waterfall methodology to verify users using Trulioo's GlobalGatewayTM 
  • AML Watchlist to comply with World Countermeasures and Global (AML), Counter Terrorist Finance (KKP), and enforcement sanctions regulations. 
  
TOKEN GENERATION EVENT
STK tokens will be available for purchase on the STK token sale site (www.stktoken.com) commencing November 13, 2017 at 17:00:00 Coordinated Universal Time (UTC). The cost per STK token is $0.16 USD. STK tokens for sale represent 55% of all STK tokens. A maximum of 310,345 ETH and a minimum of 3,600 ETH will be accepted for the sale of STK tokens. STK tokens are not available for purchase for residents of United States of America or Canada

In order to further develop and promote the STK platform, STK will conduct a token generation event that will offer for sale 550,000,000 STK tokens out of a 1 billion total supply. The proceeds of the TGE will be used for marketing, solution development (both iOS and Android), integration of STK with STACK and the operation of crypto to local currency exchange. The remaining will be reserved for the liquidity pool, bounty programs and referrals 
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Crowdsale

Timing:
Pre-sale Starts: October 11, 2017
Pre-sale Ends: October 24, 2017 
Sale Starts: October 25, 2017
Sale Ends: November 3, 2017
Pricing:
Pre-sale discount of 20%
Day 1 discount (tokens purchased during the first 24 hours of the sale) of 10%
An additional 5% will be allocated towards bounty and referral programs


Team
Our team has decades of combined experience in financial services, technology, and marketing, with a consumer-focused approach to business. We created STACK as the first step towards a better way to spend, save and share your money. Now, the STK token will advance our mission to provide a universally accessible platform to store money safely, access it instantly and transact with it anywhere, in any currency, including crypto.
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ADVISORS
We’ve partnered with some of the top thought leaders and development experts from the Blockchain community who have helped to develop the STK token. Our ecosystem includes industry experts in tech, media, retail and regulatory affairs.
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Quik Link

STACK

Written By : Ludmilla
Myetherwallet address : 0xe5639f6B824A77E904F4ACf5d140b5a3a4a349b9
 

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