Stead logo
WebsiteKommunitas LaunchpadSpores Launchpad

Stead (STEAD)

IDO

Stead is a platform to fund floating infrastructure. The tokens derive their value as tickets that allow the rental of the floating assets they funded, such as boats, fish cages, or floating houses.

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Overview

Project industryReal Assets
Product typePlatform
FoundedPhilippines
WhitepaperStead White Paper Open

What is Stead

Stead will allow sometimes difficult to acquire assets to be fully funded via crowdsourcing on the blockchain, this will benefit both small businesses in the Philippines, US, and other countries. Stead tokens function as a semi-stablecoin that has yearly increasing returns through collateralization of real-world assets.

An Application Officer will determine whether their investment is worthy and profitable, and if granted access their listing will appear on our marketplace. Potential ticket buyers, like you, can then view the different floating assets that we are attempting to raise funds for on our marketplace.

For any asset, you can mint Stead. Each unit of Stead serves as a ticket to reserve time with the asset. The Operator (the party that requested to have their asset listed) then uses the funds raised to acquire the floating asset and leases time with it using the tokens minted during the fundraising period. This continues until enough time has passed, that they earn the right to have ownership transferred to them.

Details

IDO (Kommunitas Launchpad): Feb 15, 2024 - Feb 15, 2024
IDO (Spores Launchpad): Feb 16, 2024 - Feb 18, 2024
Pre-sale token supply: 1,000,000 STEAD
Token supply: 5,000,000 STEAD

Legal

Blockchain Platform: Arbitrum
Country limitations: Afghanistan, Angola, Azerbaijan, Bahamas, Bosnia and Herzegovina, Botswana, Burundi, Cambodia, Cameroon, Canada, Chad, China, Congo (Congo-Brazzaville), Cuba, Democratic, Republic of the Congo, Eritrea, Ethiopia, Ghana, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Laos, Libya, Madagascar, Mozambique, Nicaragua, North Korea, Pakistan, Serbia, Seychelles, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tajikistan, Trinidad and Tobago, Tunisia, Turkmenistan, Uganda, United States of America, Uzbekistan, Vanuatu, Venezuela, Yemen, Zimbabwe.
Registration country: Philippines
Registration year: 2023

Token info

Ticker: STEAD
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 STEAD = 0.70 USDT
Accepted currencies: USDT
Token distribution:
45% - floating assets, Strategic Partnerships and Investment, Marketing Partnerships, and fund other expansions to the Stead platform
5% - LP Farm
50% - 3 founders

Project team

Mitchell Suchner
Mitchell Suchner
Founder
Mitchell Suchner linkedin
Miguel
Miguel
Smart Contract Developer
Harvey
Harvey
Smart Contract Developer
Vince
Vince
Front-end Developer
Kevin
Kevin
UI/UX Designer
Jessie
Jessie
Community Manager
Francis
Francis
Sales
Racquel
Racquel
Application Officer

Social media

Stead web-siteStead InstagramStead LinkedInStead TwitterStead Facebook

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