Overview
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OpenWhat 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.
DetailsIDO (Kommunitas Launchpad): Feb 15, 2024 - Feb 15, 2024IDO (Spores Launchpad): Feb 16, 2024 - Feb 18, 2024 Pre-sale token supply: 1,000,000 STEAD Token supply: 5,000,000 STEAD LegalBlockchain Platform: ArbitrumCountry 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 infoTicker: STEADType: 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
Founder
Miguel
Smart Contract Developer
Harvey
Smart Contract Developer
Vince
Front-end Developer
Kevin
UI/UX Designer
Jessie
Community Manager
Francis
Sales
Racquel
Application Officer
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