The purpose of this system is to attract and allure a token holder or token user.
Let’s see the life cycle of the DAO and the ICO stage
The ICO stage is only designed to award for the early subscribers/users to attract token prices. In ICO event the price of the Smart Token Exchange will be at 0.002 ETH per 1 STE token during first two hours. ETH is an Ethereum and also it is used for network.
The proper time for the commencement of the STeX ICO event will be published and released on the STEX.EXCHANGE website closer to ICO date and this main ICO event will be take place for only couple hours. The ICO event timer countdown will be displayed on the home page.
TIME BOUND OF ICO EVENT
After the start of the ICO event the transactions of all will be confirmed during the two hour period and also it will be filled with STE in an order of arrival or start. The total number of STE tokens without the limitation dedicated to ICO (35,000,000 STE) main event distribution has been distributed. The separate blind auction will be taking place after the end of the main event every 24 hours.
We planned to implement and execute this system for the purpose to raise enough initial funds. We decided to attract more and also to bring this project for the life time and get the rest as an operational capital from those who are late. From this we will reduce the maximum of failure of the project because of the lack of funding on the every development stage.
ICO Stage
We will be able to increase essential operational funds on stage 3 only because of token supply is limited and defined from the beginning only if enough price is not increased during the ICO stage. If not the stage 3 will be cancelled.
This project is only designed to get or earn ETH i.e. Ether tokens from the start. Only in the worst case scenario operational funds can be earned only by the project by itself. To reach full scale operational funds, is the only problem because it takes more time for it.
The main advantage of the ICO subscribers is that they will be growing demand on Smart Exchange tokens from new STeX subscribers only if they join at a later stage with the relatively high prices because of commissions rebate and policy is only combined with the commission’s distribution.
EXCHANGE MARKET
The main advantages of all token holders is that they will be rewarded every month by receiving 100% of projects collected commissions to their Ethereum(ETH) accounts. To become one of 10 biggest cryptocurrency exchanges we expect to get hold at least 5% of currency-exchange market.
The Whitepaper and STE price calculator will give you more details.
There was a fabulous opportunity to sell STE token for much higher price in the open market except from the internal potential value of the project because of high demand and rise in price.
For more information
For official website — >https://stex.exchange//
For whitepaper — >https://stex.exchange/media/pdf/whitepaper.pdf/
For bitcoin talk — >https://bitcointalk.org/index.php?topic=2069043.0/
For facebook — >https://www.facebook.com/icoShowcase/e/
For twitter — >https://twitter.com/STeX_Exchange/
For youtube — >https://www.youtube.com/channel/UCSagvh9K2For6u1_SXRpPNg/
Thanks and Regards,
@anishraj03