STK Delays Public Sale To Coincide with Public Beta Testing

STK is delaying its Token Generation Event to coincide with STACK’s public beta launch in January, 2018. The public token sale will run from January 31 to February 14, 2018.

Gibraltar - December 7, 2017 /MarketersMedia/ —

December 7, 2017, Gibraltar – STK is delaying its Token Generation Event to coincide with STACK’s public beta launch in January, 2018. The public token sale will run from January 31 to February 14, 2018. The STK pre-sale is currently running and will end as scheduled on December 10, 2017 at 16:59 UTC.

STK is the first mass market instant cryptocurrency payment solution, providing access to more than 33 million merchants around the world.

“There is a growing demand for improved liquidity of cryptocurrency,” said Miro Pavletic, Director of STK. “Having a beta product in the market during our token sale will provide the first public proof-of-concept in the cryptocurrency payments space and solidify our position as the premiere mass market solution for instant crypto payments at point of sale.”

STK is also reducing its hard cap to $17MM USD, projecting early traction to support funding for future deliverables.

“Based on the response from our community and investment network, we’re anticipating fast growth in our initial markets,” said Pavletic. “This will allow us to replace a higher hard cap with early revenue, fuelling international expansion and supporting a larger user base.”

The STK token supply will remain the same at 500,000,000, of which 55% will be available for sale for a total public supply of 275,000,000. The token price has been updated to $0.10 USD. Token distribution will be based on the conversion rates from Ether to USD 24 hours before the close of the public sale or when the sale hard cap is reached, whichever comes first.

For full sale information, visit www.stktoken.com.

About STK Global Payments
STK Global Payments is the cryptocurrency technology solution which enables real-time cryptocurrency payments at points of sale, and the issuer of the STK token. The STK token was designed to provide a method that can allow cryptocurrency to be used instantly at retail for seamless integration into everyday transactions and financial services. The STK token will be implemented on the public Ethereum blockchain as an ERC20 token. The STK token is part of a global solution to facilitate borderless transactions through a smart contract which facilitates a real-time exchange of cryptocurrency into fiat at the POS.
For more information on the STK token, visit www.stktoken.com.

Contact Info:
Name: Amanda Ashford
Email: amanda@getstack.ca
Organization: STK Global Payments

Source URL: https://marketersmedia.com/stk-delays-public-sale-to-coincide-with-public-beta-testing/274926

For more information, please visit https://stktoken.com

Source: MarketersMedia

Release ID: 274926

Latest News

Stars urge Indonesia to ban 'brutal' trade in dog meat

May 21, 2018

JAKARTA, Indonesia — International stars of acting, music and sports have urged Indonesia's president to ban what they say is a brutal trade in dog and cat meat for human consumption. The appeal comes after Indonesian campaigners against animal cruelty and Humane Society International in January exposed markets on the island of Sulawesi where dogs were bludgeoned by the thousands and blow-torched alive to remove their hair before onlookers including children. The letter to President Joko "Jokowi" Widodo released Monday said if Indonesia joined other Asian nations that have already banned the cruel trade, it would be "celebrated globally" and...

Malaysians transfixed by luxury goods seized from ex-PM flat

May 21, 2018

KUALA LUMPUR, Malaysia — In 10 days of dramatic political developments, none has transfixed Malaysians more than the sight of truckloads of orange boxes containing Hermes Birkin handbags and luggage filled with cash and jewelry being seized from apartments linked to former Prime Minister Najib Razak. Najib's wife, Rosmah Mansor, was known for her love of Birkin bags and her opulent lifestyle, but television footage of the police haul has Malaysia gasping with shock. It is possibly the most sensational image of elite corruption in Asia in the three decades since former Philippine first lady Imelda Marcos and her extravagant...

Malaysia anti-graft body summons ex-PM Najib for questioning

May 21, 2018

KUALA LUMPUR, Malaysia — A Malaysian official says former Prime Minister Najib Razak has been summoned for questioning in a money-laundering probe involving the 1MDB state investment fund. The official at Malaysia's Anti-Corruption Commission, who declined to be identified because of the case's sensitivity, says the commission served a notice to Najib at his house Friday requesting that he appear next Tuesday for questioning in the 1MDB case. The official said Najib acknowledged the request. Najib's lawyer, Harpal Singh Grewal, said he wasn't aware of the summons but that Najib had earlier promised to cooperate with authorities. The new government...

AP Interview: Anwar wants Malaysia to scrap race policies

May 21, 2018

KUALA LUMPUR, Malaysia — Pardoned Malaysian politician Anwar Ibrahim said Thursday that decades-old affirmative action policies for the country's Malay majority must be discarded in favor of a new program to help the poor regardless of race. In an interview with The Associated Press, the prime minister-in-waiting also said he plans to run in a by-election this year to become a member of Parliament but that he isn't in a rush to take over the top job. Anwar, 70, was convicted of sodomy in 2015 in a case he said was politically motivated. His sentence expires June 8 but he...

Malaysia police raid ex-PM house as part of corruption probe

May 21, 2018

KUALA LUMPUR, Malaysia — Malaysian police spent hours early Thursday searching former Prime Minister Najib Razak's house, reportedly part of a money-laundering investigation linked to a state investment fund that is being investigated abroad. More than a dozen police vehicles arrived at Najib's house late Wednesday shortly after he returned home from prayers at a nearby mosque, fueling speculation that he may be arrested after new Prime Minister Mahathir Mohamad warned that he could be charged soon over the 1MDB fund fiasco. Commercial crime director Amar Singh Ishar Singh told media that police were searching for evidence in an ongoing...