Introduction

Stelocoin is the native token of the Stelofund platform the next-generation community-based crowdfunding platform, its an BEP-20 utility token on the blockchain.

Since Stelocoin is an BEP-20 token, it benefits from the robust decentralization and feature set of the network.

Utilizing the Stelocoin platform acts as a marketplace for investment, venture capital, and startup incubation.

The goal of Stelocoin is to provide creators, investors, and entrepreneurs a secure platform and a native financial tool to fund and develop their ideas, projects, and startups.


Our Mission

Stelocoin is a marketplace and crowdfunding platform where any entrepreneurs of all types can seek funding for their new startups.

While similar to traditional legacy crowdfunding platforms like “Kickstarter” and “Indiegogo”, we knew that we could create new value in this space by incorporating the benefits of blockchain technology. On Stelocoin, users browse featured projects that have been submitted by the community’s entrepreneurs. Then, users can choose to either vote for their favorite projects by “Liking” them (upvoting) and/or “Boosting” them (direct funding).

Liking and Boosting projects on the platform is done by using Stelocoincoin, the native token of the Stelocoin platform.

Stelocoin is not an ICO incubator. Stelocoin is a platform for the creation and funding of real businesses and services.


Main Advantages

  • 1

    All investment decisions are made by the Stelocoin community!

    With the Stelocoin platform, our community is empowered to guide and decide on the direction of the projects.

    The Stelocoin platform is designed so all participation is transparent and fair.

  • 2

    Anyone can apply for funding!

    We provide the platform where you can share and grow your startup.

    We do not discriminate or refuse anyone who wants to use the Stelocoin platform to seek funding for their projects.

  • 3

    Our focus is on real businesses and services!

    The Stelocoin platform is designed to bring startup crowdfunding to the next level and Stelocoin is the native token of the platform to meet this goal.


    The Benefits of the Blockchain

    Commerce requires the establishment of trust between participating parties. This foundation of trust helps ensure that each participant will fulfill their obligations on both ends of the transaction, in accordance with the terms of their agreement. Failing to meet the agreement’s terms would require fair consequences to be administered to resolve the grievance, or else there would be unresolved disturbances carried throughout the markets.

    To mitigate those risks, there was a need for a trusted third party to act as an intermediary, and to take on the risks of counterparty default onto itself.
    These intermediary middlemen became an integral part of the traditional market landscape, to ensure that each participant in a transaction followed the terms of their agreements.

    Now, with the advent of blockchain technology, we can remove the need for those traditional intermediary middlemen. The validity of transactions is now confirmed and verified by a network of independent nodes, which does not require trust in any single person, institution, or point of failure.

    A decentralized, distributed ledger that exists amongst thousands of nodes across the world removes the expensive, slow, and archaic overhead that was once needed by traditional third parties.

    Blockchain technology makes traditional legacy payment systems redundant, cumbersome, and obsolete. By harnessing the benefits of blockchain technology, there is no longer a need for complex auditing systems comprised of people, institutions, and structural points of failure. Since blockchains are self-regulating systems, there is a reliable standard of verifiable accountability. Once a transaction is confirmed into the blockchain, it is virtually impossible to change the history of transactions.

    This is made possible by the consensus mechanism of the network. The two main consensus mechanisms used in popular blockchain networks today are Proof of Work and Proof of Stake. Bitcoin and BNB Smart Chain currently utilize proof of work (PoW). 

    The purpose of these mechanisms is to make it is prohibitively expensive for outside attackers to make invalid changes to the blockchain. Blockchains with network consensus mechanisms are equipped to resist and defend against attacks. These decentralized systems are immune against attacks like blackmail, bribery, coercion, extortion, and virtually any other attack which is common for traditional legacy systems.


    How does Stelocoin work?

    For Entrepreneurs:
    Submit your Startup.

    This is your place to shine and share your startup with the Stelocoin community. Write out your pitch, lay out your business plan, and make sure to include pictures and video to capture the attention and funding from the community of investors that are viewing your startup.

    For Investors:
    The “Back Campaign” button allows investors to fund projects directly.

    There are no limits on how much or how little needs to be allocated when using the Boost feature. Each project sets its own terms and reward tiers which detail what perks investors will receive depending on how much Stelocoin they allocate to funding the project.


    Assets

    Stelocoin is the exclusive token utilized on the Stelofund platform. Since Stelocoin is an BEP-20 token on the blockchain with smart contract functionality, we have developed Stelocoin with a set of smart contracts that we call, Stelocoin Chaincode. These smart contracts serve to coordinate contractual mediation between project participants on the Stelocoin platform.


    Token Supply

    There is a maximum of:
    200,000,000,000 Stelocoin minted for the total circulating supply.

    40,000,000,000 Stelocoin (20% of total) are available to contributors;

    2,000,000,000 Stelocoin (1% of total) are retained for the Stelocoin team;

    60,000,000,000 Stelocoin (30% of total) will be kept in a fund that is purposed for financing new projects;

    98,000,000,000 Stelocoin (49% of total) will be kept in reserve, locked for future expenditures from the reserve will be used to develop partnerships and fund acquisitions.


    Accessibility

    Stelocoin being accessible as a browser-based web application, and later the Stelocoin platform will also be available on mobile devices with natively designed applications.


    Our Team

    The Stelocoin team is comprised of an international alliance of experts with the vision, ability, and skills needed to bring this project to life. Our background and expertise are in many fields, ranging from accounting, finance, IT, blockchain, and more.


    Our Roadmap

    • Q4 2021:
      • Launching Stelocoin
    • Q2 2022:
      • Finishing the first version of Stelocoin – Investment Platform
    • Q3 2022:
      • Asking community for ideas/feedback. Welcoming new members.
      • Refining key topics
    • Q1 2023:
      • Funding the first StartUp projects in our platform that wins the investors’ vote.
    • Q3 2023:
      • Major platform update with loads of new features
      • Developing new StartUp projects. (community involved for choices)
    • Q4 2024:
      • Listing Stelocoin to major crypto exchanges (community involved for choices)
    • Q4 2024:
      • Taking place in the top 100 cryptos by market capitalization.
    • Q2 2025:
      • Opening a new physical office in one of the Financial Centers. (community involved for choices)
    • Q1 2026:
      • Setting up new strategic partnerships in the crowdfunding world.

    Conclusion

    We are so excited to introduce the Stelocoin platform, bringing revolution to the world of crowdfunding. Stelocoin allows a new dimension of accessibility in investing.

    Now, everyone can participate no matter where they are in the world or how much they want to invest, Stelocoin makes it possible.

    By removing the barriers, requirements, and high fees that are common in the old world of legacy investing, Stelocoin is designed to empower everyone with access to participate in this new age of opportunity.

    Investor or innovative creator, Stelocoin does not discriminate and is designed to meet your needs at your scale.

    In addition to investing in Stelocoin, you will also be eligible to receive smart services and products from the projects you support.

    The Stelocoin platform does not make any restrictions on what kinds of projects can be submitted. We believe the open nature of this policy will be key to the success of the platform, its creators, and its investors.

    Above all else, new ventures need to have the freedom to be innovative and not be constrained by arbitrary restrictions.

    If a creator fears they will be unable to secure funding for their startup through the traditional legacy system because their idea is too innovative and ambitious, they would be an ideal candidate for the Stelocoin platform.

    Stelocoin is here to bring empowerment through investment to a new class of innovative creators.

    Contact us

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