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Secret Trees Convertible Token (STCT) ICO

Upcoming ICO
Token sale: Feb 28, 2019 – Mar 31, 2019

Secret Trees is an industrial Hemp producer that optimises supply chains and reduces transportation costs for the Hemp community. We will create refined products in our Latvian-based factory, that can be distributed according to the wishes of the token holders, by generating demand through our Tokenization model.

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Secret Trees Convertible Token (STCT) ratings

ICOrating.com Secret Trees Convertible Token (STCT) icorating ICObench.com Secret Trees Convertible Token (STCT) icobench 3.4 / 5
Hype score Low ICOmarks.com Secret Trees Convertible Token (STCT) icomarks 5.2 / 10
Risk score NA TrackICO.io Secret Trees Convertible Token (STCT) trackico 4.3 / 5
Investment rating NA ICOholder.com Secret Trees Convertible Token (STCT) icoholder NA
Our rating
6.9
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Overview

Project industry Production & Manufacturing
Product type Ecosystem
Founded Latvia
Technical details Secret Trees resolves the issues mentioned in both the hemp and construction industry though our triple token model. STE - Secret Trees Equity Investors are afforded ownership stake in the company, dividends and access to token price movements from the company's business activities. Following the full installation of the Secret Trees factory, dividends will be paid from profits made from hemp product sales and manufacturing sales. STU - Utility token Individuals and hemp producers are afforded access to our hemp facilities. This token entitles a user to have their hemp grown and refined in our Latvian based factory, hence use as a futures contract is afforded to hemp producers. The sale of the STU coin will be available until the date of the plant\'s performance is known more precisely, the estimated time period is Q3 2020 STS - Seed token For this initial generation of STS tokens, we will provide an interface to lock a number of your STU tokens for 30 days hence, you will have 30 days to lock your STU in order to generate STS. The amount of STS tokens that will be generated is independent of when you lock your STU during this time frame.
Secret Trees Convertible Token (STCT) ICO White Paper White Paper Secret Trees Convertible Token (STCT) ICO Onepager Onepager

Features

Abstract

Secret Trees is an industrial hemp producer that reduces supply chains and transportation costs for the hemp community. We create refined products by producing demand set through STU token, in our Latvian based factory, that can be distributed as per the token holders wishes. Business activities encourage the use of renewable and environmentally friendly materials to both individuals and existing hemp producers, who will now be able to rent land plots and or reproduce their hemp interest through the Secret Trees factory.

  • The Secret Trees Equity token (STE), encompasses a stake in the company with annual dividends, and;
  • The Secret Trees Hemp token (STU), shall be backed to the value of hemp in the Secret Trees forecasted production line, allowing access to our high-quality, EU produced hemp. Voting rights as to diversification routes of refined products are also afforded.
  • Generated Seed token (STS) STS tokens unique form is gained from STU token which gives regenerating module trough STU locking features and is backed by ST hemp seeds price.
  • Current Hemp market problems

    As with any supply chain, length is always a problem. A producer of hemp is only the first block in the supply chain, hence a producer needs a manufacturer to turn hemp into a hemp product, who in turn need retailers to distribute. This has led to an insufficient share of revenue for the total cost of product being paid to producers.

    With the majority of the world's hemp produced in China, there is an uneven amount of supply across the globe. The poor quality of finished products from this region means that most of the output is used for hemp paper and textiles, hence, the quality of the current supply is limiting the use of hemp in other industries.

    Legislation has been restrictive in this area. Due to the proximity of characteristics of hemp and marijuana, regulators have previously classed the two synonymously and restricted its production. Developing research in the area has prompted adapted legalisation of both plants across the world, with hemp production now legal in Canada the US and EU.

    Entry costs to the market are high, in that land, machinery and workforce are to individual’s expensive assets. The requirement of upfront costs to partake in business activities is quite onerous for hemp producers too and with no futures contracts available for hemp, there is no protection.

    Futures

    What is a Futures Contract?

    An agreement to buy a specific amount of an asset at a future time for a certain price. These contracts are generally set on standardised terms meaning they are fungible – contracts have common underlying assets and common delivery dates.

    The Secret Trees Futures Contracts model (STF)

    Hemp producers will be able to agree to buy hemp or hempcrete at a future date (once the factory is operational) for a certain price at the point of the Secret Trees ICO. This contract will be issued via the Secret Trees Exchange. Secret Trees Futures will be encoded in a smart contract, where the party to the smart contract is the token holder, allowing the Futures contract to be tradable.

    Producers will be proposed with two option when purchasing Futures Contracts: Exchange Traded: Fungible futures contracts. Here contracts will have standarised terms issued by Secret Trees. Over the Counter: Non-Fungible futures contract. Here contract terms can be set by the producers as per their requirements.

    The smart contract these futures shall be encoded into will lock in 3% of the agreed purchased, meaning at the time the contract is redeemable, the current STF holder will autonomously pay 3% of the contracts total value. All STF holders will be credit-rated so that the lock-in price will reflect the risk of the agreement with the individual purchasing STF. From this a prospective purchaser having defaulted on a previous agreement would have to purchase STF with a higher lock-in period (4%). The lock-in period will therefore increase by 1% on every default by a purchaser.

    What is a Call Option?

    The right to buy a specific amount of an asset at a future time for a certain price. This is a right, not an obligation, call option holders have the choice whether to exercise the right or not. The right afforded by call options is available via premium and may be tradable.

    The Secret Trees Futures Contracts model (STF)

    Hemp producers will be able to purchase a right to buy hemp or hempcrete at a future data (once the factory is operational) for a certain price at the point of the Secret Trees ICO. This right will be available via purchase of STCO Token through the Secret Trees Exchange. The STCO Token will represent a specific weight of hemp or number of hempcrete blocks depending on the purchasers requirements.

    Producers will be proposed with two option when purchasing Futures Contracts: Exchange Traded: Fungible Call Option Tokens. Here tokens will have standarised terms issued by Secret Trees. Over the Counter: Non-Fungible Call Option Tokens. Here contract terms can be set by the producers as per their requirements.

    The Call Option Token (STCO), will have a premium of 5% of the value of the overall contract. As STCO is a token, redemption is not obligatory and be redeemed on the redemption date through the Secret Trees Exchange. There is no credit-rating mechanism for this token, as credit defualt risk is covered by the premium.

    ICO Details

    Pre-ICO token supply: 50,000 STCT
    ICO token supply: 50,000 STCT
    Total tokens for sale: 50,000 STCT
    Soft cap: 25,000 USD
    Hard cap: 50,000 USD

    Legal

    ICO Platform: Stellar
    Registration country: Latvia
    Registration year: 2018
    Office address: Broceni, skolas iela 21-49

    Token info

    Ticker: STCT
    Type: Utility-token
    Token price in USD: 1 STCET = 1.00 USD
    Accepted currencies: ETH, BTC, LTC

    Secret Trees Convertible Token (STCT) Roadmap

    1
    Q4 2017

    Business model
    Development

    2
    Q2 2018

    Whitepaper
    Development

    3
    Q3 2018

    Team establishment
    Resource acquisition
    Token economic development

    4
    Q4 2018

    WEB v1 Launch
    White Paper release
    pre-seed/seed launch

    5
    Q1 2019

    Main funding launch
    Legal framework Partnership cultivations

    6
    Q2 2019

    Factory legal acquiring
    Factory Construction

    7
    Q3 2019

    Community Growth
    Partnership establishments
    Security testing

    8
    Q4 2019

    New partnership cultivation
    Community growth

    9
    Q1 2020

    Client Dashboard Launch
    Utility token sales launch

    10
    Q2 2020

    Derivatives introduction
    New partnership cultivation

    11
    Q3 2020

    Secret Trees
    Platform
    Launch

    12
    Q4 2020

    Utility Token Exchange listing
    Community growth
    Marketplace launch

    13
    Q1 2021

    1st Equity token vote for diversification
    New partnership cultivation

    14
    Q1 2022

    Secret Trees
    Further development TBA

    Project team

    CEO & Founder in Secret Trees Convertible Token (STCT) - 1
    Ilvers Sermols
    CEO & Founder
    linkedin
    CTO in Secret Trees Convertible Token (STCT) - 2
    Daniel Blanco
    CTO
    linkedin
    COO in Secret Trees Convertible Token (STCT) - 3
    Aaron Taylor
    COO
    linkedin
    Farmer Association of Latvia Cooperative member in Secret Trees Convertible Token (STCT) - 4
    Artis Vilbrants
    Farmer Association of Latvia Cooperative member
    linkedin
    CIO in Secret Trees Convertible Token (STCT) - 5
    Rob Begley
    CIO
    linkedin
    CSO in Secret Trees Convertible Token (STCT) - 6
    Borys Bodnar
    CSO
    linkedin
    CFO in Secret Trees Convertible Token (STCT) - 7
    Raghunathan Muralidharan
    CFO
    linkedin

    Advisors

    CFO in Secret Trees Convertible Token (STCT) - 8
    Raghunathan Muralidharan
    CFO
    linkedin
    Senior Security Advisor in Secret Trees Convertible Token (STCT) - 9
    Dan Litwak
    Senior Security Advisor
    linkedin

    Social media

    Web-site YouTube Telegram btctalk LinkedIn Twitter Facebook github

    User rating:

    5/5 ( 1 )

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