[SALE started] STE Token - STeX Project (publicly-owned/decentralize exchange)

[mithrim]

Update!

The project raised over $9,222,000 (19k ETH) so far and there is only 1 Day left with the special bonus!
Get some tokens here: https://stex.exchange

Every STE holder can now participate in the STeX testing program, just apply below!
https://docs.google.com/forms/d/1buNVAS64EWjXH1Jo5R7aUO26Q4F4mhBpumrjNdCqzCc/viewform?edit_requested=true


"Have you tried to switch between coins, following trends in emerging tokens?
That is the problem we focus on at this stage: many coins and tokens suffer from one biggest problem ? the lack of liquidity. This leads to enormous implications for active traders/investors. Imagine, you have coin A and a nice opportunity to sell it with profit. And at the same time, you wish to invest in a new promising token or coin B. The only problem - they are traded (or have best rates) in different exchanges, and if you try to trade this idea, you must finish first trade, then transfer your assets from one exchange to another - wasting days and (the world is fast nowadays, remember?) finally missing the brilliant opportunity to raise money - and just because of market insufficiency."

The SteX Project tries to change that!




Roadmap:

• August 2017 - STE token Presale [/i]
• Nov. - Dec. 2017 - STE token ICO (1 STE token = 0.002 ETH)
• December 2017 - ICO ends distributing more than 30% of all tokens
• December 2017 - Beta Development
• 2018 - Commissions distribution
• February 2018 - Front-end Production

"We will bring professional services to the cryptocurrency world
We are trading professionals with years of experience in developing sophisticated trading algorithms for private hedge funds and brokers. We have a profound understanding of all the needs of professional traders and we are not satisfied by what we can get out of the current market state in cryptocurrency exchange and trading."

SALE started!
ICO Bonus active
https://stex.exchange

The project raised 19073 ETH so far

Maybe interesting for some of you guys.
In my mind, more publicly-owned/decentralized exchanges need to establish themselves in the market... with centralized platforms, like Bittrex and Poloniex complying to the many regulations that are sure to come toward the crypto-world, decentralized exchanges need to be a crucial component in moving toward complete independence.



Pre-Sale stage
For those who subscribe at the pre-sale stage: after ICO all pre-sale subscribers will get 10% of Ether collected during ICO - and you still keep your tokens! During pre-sale we distribute up to 10% of all available STE tokens, and after ICO 10% of collected funds is dedicated to those who subscribe at the presale stage. Most probably you will get back what you spent for presale and keep valuable tokens for free. In the best case scenario, you'll get times more than your original contribution + future benefits of token holders.

In the case of a successful ICO you can get 5 to 10 (and possibly more) times more than your original contribution, but this totally depends on the demand.

Undistributed tokens burning feature increases your share right after ICO ends.


ICO stage
The ICO stage is designed to reward early subscribers with more attractive token prices. Token distribution price will double for each 5% distributed tokens after the initial distribution of 20% for minimum price of 2 ETH for 1000 STE tokens.
We decided to implement this system in order to raise enough initial funds to bring this project to life at most attractive prices, and get the rest as an operational capital from those who are late. So, we reduce the possibility of failure of the project because of lack of funding on the development stage. Because token supply is limited and defined from the very beginning, we will be able to raise necessary operational funds on stage 3 if sufficient amount is not raised during the ICO stage. Otherwise, stage 3 will be cancelled. Otherwise, stage 3 will be canceled.
Keep in mind that this project is designed to earn Ether tokens from start, so in worst case scenario operational funds can be earned by the project itself. The only problem is that it will take much more time to reach full-scale operational potential.

For any ICO subscribers, even if you join at a later stage with relatively high prices, the main advantage will be growing demand on STE tokens from new STeX users (because of commissions rebate and distribution policy) combined with commissions distribution itself.


Post-ICO stage
We expect to get hold of at least 5% of currency-exchange market in the first year of operations and become one of 10 biggest cryptocurrency exchanges. Please see the Whitepaper (https://stex.exchange/media/pdf/whitepaper.pdf) for details.

All token holders will be rewarded monthly, receiving 100% of project's collected commissions to their ETH accounts.

Apart from the internal potential value of the project itself, there is an opportunity to sell STE token for a much higher price in the open market because of high demand and price rise.

Code:

Dear STE holders!

We reissued the STE tokens because of the new smart contract functionality that was added and also to reissue
the STE tokens for those who bought them from exchange's wallets by mistake and therefore their tokens in the exchange's system.

We banned known exchange-wallets so it should not happen again.

The whole process is fully automatic and nothing needs to be done by STE holders to receive their tokens.
However, you should check your STE token balance using https://etherscan.io/ as shown on the illustration.
The amount of old and new STE should be the same.

Please wait for a confirmation that all new STE tokens were transferred. There would be no risk of mixing with the old token because
old STE token transfers will be locked forever.

I personally know of no ICO who did this for ICO participants. Basically, every participant who transfered ETH - in spite of many warnings - from an exchange now became his/her fair share of STE tokens!

[mithrim]

Reserved

[tuaddio]

watch out pre sale started, hope it does well

[tdeannova]

Hi dev, how much is the total supply?
I do not see your team here, can you help me find it?

[mithrim]

Hi tdeannova, I'm not the dev, just an investor
total supply will be 100 000 000 STE. After ICO unsold tokens will be burned.

[coiny72]

In my mind, more publicly-owned/decentralized exchanges need to establish themselves in the market... with centralized platforms, like Bittrex and Poloniex complying to the many regulations that are sure to come toward the crypto-world, decentralized exchanges need to be a crucial component in moving toward complete independence.

Exactly! We definitivly need more decentralized exchanges! Just registred only to say this 
Thanks, will have an eye on this one.

Cheers ~

[mithrim]

Great to hear ^^
Although, the Presale could run better, they need to do more marketing

[peachypoo]

How many coins have to sold in presale so far?

[erwan]

No information about the total coin sold during the presale and no information how many eths collected.
And I do not know when the presale will end. I think the website is too simple.

[mithrim]

No information about the total coin sold during the presale and no information how many eths collected.
And I do not know when the presale will end. I think the website is too simple.

You are right, they are not that well structured, thought that myself.

Here you go

"Transparent Phase 1 (Presale) terms with the minimum limit of 1000 ETH and maximum cap of 15 000 ETH to raise." (https://stex.exchange/token)

Here you can see the ETH left:
https://stex.exchange/saleform/

[mithrim]

Update from steemit

STeX Smart Token Exchange is the 1-st smart platform to trade all coins in one place.

PreSale started on 8 August 2017 ANN thread https://bitcointalk.org/index.php?topic=2067122.0
We invite a strategic angel cryptoinvestor (1000+ ETH)

Join new project from the founder of renowned KeyCAPTCHA service
used by 20,000 companies and serving 40,000,000 users every month
with 99.99% uptime since 2010!
>>https://STeX.exchange<<

STeX is 1-st publicly owned cryptoexchange with 100% commission distribution among token holders.

We have what other exchanges don't have - a complex solution to solve liquidity problem
and we know precisely how to implement this into reality.

We have announced STeX Award! Bounty Campaign at https://bitcointalk.org/index.php?topic=2069043.new#new

The pain we alleviate:
The cryptocurrency world has experienced such an enormous and explosive growth in recent years
that no existing crypto exchange is capable of “swallowing”. One coin is trading on one exchange, the
other coin is on the other, but there is no one and single place for all coins. But we are providing one
single place and platform to trade all existing coins and we exactly know how to implement this in
reality.
No known exchange is doing specific calculations for high net investors. Without this information,
more or less larger investor cannot take an informed decision. The scourge of the modern exchange is
terrible liquidity. This is right there where we deploy our private algorithms and technical solutions to
solve this problem. We cannot fully disclose our how-to solutions and all the technical details because
of competitors. We believe in Warren Buffet’s strategy of building up a moat around our business
model and successfully implementing it in the crypto sphere.

Smart & sophisticated platform for everyone
You can choose who and what you want to be in the market:

• User or Trader
  Whether you want a simple coin-to-coin exchange or intraday trading, we will provide
  planet-wide best rates for thousands of crosses and much better liquidity than ever before because of
  sophisticated arbitrage algorithms and unique platform architecture. You will get access to all types of
  orders, starting from stop-loss to conditional, based on technical indicators. You will be able to assess
  with a click of a mouse what bid/ask spread you will get based on the size of your position. With the
  new architecture it will become possible for all orders be routed in such a way to get the best fill price
  among all other exchanges and with maximum possible speed.

• New Financial Universe
  Open your own hedge fund in just one click - or choose one to invest in. Scan the market for
  successful traders and managers with your own criteria - or set your own rules to attract investors - in
  fully secured and scum-protected platform.

• Full magnitude of financial services
  We are going to bring futures and options to the cryptocurrency trading. If you are far from financial
  markets - it is a more professional and effective way of trading securities than direct-trade, because of
  build-in leverage. With futures you can open a position in a coin - covering just a fraction of it as a
  deposit - and still keep 100% of profits.
  We have detailed, worked out solutions to most existing problems in exchanges, which indeed are
  brilliant. In order to protect ourselves from competitors, we are going to disclose more details right on
  the ICO eve.

Competitive advantage
Our idea is simple - and extremely complex at the same time. We clearly know how to become the
hub of liquidity and central crypto exchange. Our top priority tasks are filling orders with highest
possible speed at most attractive bid/ask prices and providing the convenience of all trading
instruments in demand. Our advantage is 20 years of successful practical experience in this field on
traditional stock, futures and options exchanges and technically perfectly skilled programmers team.
Knowledge and speed of implementation are our friends to keep competitors behind at a safe distance.
The time has come to bring the full force and scope of traditional financial market's instruments into
cryptocurrency niche such as:
• Higher liquidity
• Cross-rates
• All possible types of orders such as stop loss and conditional ones based on technical
indicators
• Futures
• Leverage
• Options
• Indexes and ETFs
• Investors and managers
Out-of-the-box in one trading platform. And what’s more important, we’re giving freedom to everyone
to gain from any role they want to pick in this new forming reality.

Key concepts:

• With relatively small financial investments, we will be able to create a global trading platform.
  The rest of funds will go to market making activities to create even higher liquidity.
• Horizontal scaling. Our ready to use technology and platform architecture will easily handle any
  number of growing user base. With our previous successful KeyCaptcha project 40 million users,
  several billion database entries and over 100k of requests per second not at all problem for us.
• Our technical team is perfectly capable to handle a 100x increase of trading volume and
  revenue. That means more monthly dividends for our investors.
• The key problem of other exchanges is snail like speed and order routing delays. We have a
  ready to implement recipe to solve this problem.
• Convexity of risk/return. For those of you not familiar with options trading, this term means
  having little risk with a large potential profit. Our secret sauce is that we have a ready solution how to
  use this principle in crypto exchange to propel trading cryptocurrencies on a totally new level.
• We are moving at an extremely high speed. Our team is able to implement quite a complex
  project in the shortest possible time.

5 bullet-proof reasons for end users to stick with this project from the very beginning:

• You'll get 100% commission free trades every month in the amount 100 times more than that of
  subscription itself (current 30-days SMA from market value of STeX token is used for this porpouse) in
  the form of a rebate.
• Advanced benefit for original ICO subscribers - you'll get 20% bonus from commissions
  distribution as long as you keep holding originally distributed tokens. Tokens, bought after ICO on the
  open market, do not have this advantage. This means that tokens, that never changed owner, share a
  20% of commission distribution among them, and over time less amount of originally bought tokens
  will share ever growing stake of distributions.
• After this 20% distribution we are going to distribute the rest of commissions (80%) among all
  existing tokens, including original ICO tokens.
• How to hack our system! You can link unlimited number of trading accounts to your token holding
  account and use the feature mentioned in the paragraph 1 as a referral system, sharing commission
  rebate mentioned above at the rate of 95% / 5% with any affiliated account.
• We will distribute all 100% of collected commissions among our shareholders excluding expenses
  on a regular monthly basis.

STeX.exchange (STE) Token Structure
We designed our token in such a way that it could fully support the whole life cycle of our DAO. Such
measures have been undertaken so that to make sure the price of STE would continually strengthen
and grow. First, presell investors will get 10% of the tokens sold during ICO. Second, the price at the
beginning of ICO would double from the very start and will double every 5% of tokens is sold. We even
provided the way “to hack our system” in order for our investors to benefit the most using our partner
and distribution program after Stex.exchange starts functioning and generating commissions.

Investor advantages:

• Fixed token supply of 100 000 000 STE (8 decimals) with no possibility of additional
  emission. You can rest assured no extra tokens will ever appear in the circulation. We
  deliberately excluded such a scenario. After ICO we will burn unsold tokens. This provision is
  made in the DAO contract.
• Transparent Phase 1 (Presell) terms with the minimum limit of 500 ETH and maximum
  cap of 15 000 ETH to raise. The cap during presell phase is needed to make sure the presell
  investors are not diluted during the ICO phase. This provision is made in the DAO contract.
• Presell investors are generously rewarded for early contribution and will get 10% of the
  funds raised during the next ICO. For example, if we raise 2 500 ETH during presell and 250
  000 ETH during ICO, 25 000 ETH will be distributed among the presell investors. That is 10
  times more than you invested and 1000% return on investment. We are planning to begin ICO
  after 1-2 months after presell phase. This provision is made in the DAO contract.
• If the minimum limit is not reached during Phase 1 (presell) all ether is returned to
  investors automatically. This provision is made in the DAO contract.
• The presell is deemed successful and automatically stops before official closing time if
  the cap of 15 000 ETH is reached. This provision is made in the DAO contract.
• During the ICO the STE coin price will automatically double after every 10% portion of
  coins is sold. For example, if the start price of STE is 0.001 ETH, after 10% of all tokens is
  sold, the price will become 0.002 ETH, after another 10% (that is 20%) it will be 0.004 and so
  on. You will be able to sell your tokens after the ICO ends.
• Upon completion of the public ICO all investors of the presell round receive 10% of the
  amount raised during ICO.
• After ICO the founders receive a 30% stake in the company in the form of STE tokens.
  After the tokens are allocated to the founders, all tokens that are not sold are destroyed, it is
  calculated by the following formula: Tokens for Destruction = General Supply - Presell Sum –
  ICO Amount - Founder's tokens. This is the provision of the token’s contract.
• Our contract ensures the distribution of profits is made proportionally to the number of
  tokens you hold relative to their total supply. So, if you own 12% of our tokens, then you will
  receive 12% of the exchange profits.

**Core Team **
https://stex.exchange/team

Dividends plan
We expect to get hold of at least 5% of currency-exchange market in the first year of operations and
become one of 10 biggest cryptocurrency exchanges.
• Current market daily trade volume on major exchanges: $1,000,000,000 -$4,000,000,000
• Yearly volume growth: ~1,000%. Projected daily volume in one year: ~$10,000,000,000
• 5% share of this market (our target): $500,000,000-$2,000,000,000
• Our daily commissions based on industry average 0.2%: $1,000,000 - $4,000,000
• Commissions to be distributed daily for each 1000 STE tokens based on calculations above: $10-$40. That amounts to $300-1,200 a month in just dividends.
• Yearly commissions distribution for 1,000 STE tokens: $3,650-$14,600
And you can get 1,000 tokens now for just 1 ETH which is equivalent of $200.
So, your expected (but not guaranteed) yearly ETH return can be 18 to 73 times of original
contribution. Up to 73,000%.
And remember, we are just talking about internal potential value of the project itself, excluding
opportunity to sell STE token at a much higher price in the open market because of high demand and
expectations of further price rising.
Note: all numbers provided in USD for demonstration purposes only.

Road Map
What has already been done by our team:
We’ve created a new concept of exchange system and basic market-making algorithms, which
differentiate our project from any other existing on the market at the moment. Key advantages of our
system are HFT (high frequency trading) algorithms, able to provide an order more liquidity for coin-to-coin
exchange in one place than ever before. The result of that for an end user will be much narrower
spreads between buy and sell offers, and an ability to trade much bigger amounts from a single trading
account.
After presell it will take up to 1 month to hire the rest of the development team (mostly programmers for the front-end)
and the amount of funds we'll get on presell stage determines how fast we can build the prototype and
move forward.
We expect to create architecture and API's in two months, and within the next two months – the
system core with all the algorithms will be ready. The front end user interface is expected to come to
life from within 4 to 6 months from the beginning of development.
In about 8 months we are going to bring advanced financial instruments like leverage, portfolio
margin, futures and options to blockchain world - ready to use for everyone wishing to get most out of
cryptocurrency trading.

STeX Up! Sophisticated partner program

We link your Ethereum wallet to your partner referral id so that no payment is missed.
This provision is made in our Ethereum contract and we cannot change it after deployment. This ensures all partners get their 10% commission in about 15 minutes after transaction is confirm on Ethereum network.
Find out more at https://stex.exchange/stexup

STEX Smart Token Exchange Bounty Program STeX Award!
https://stex.exchange/bounty

Allocation
Total bounty budget is 3% of all tokens issued during both preSale phase and next ICO. Total coin supply is limited to 100,000,000 STE tokens. Unsold tokens are burned automatically as a provision in the Ethereum contract.

• We have made a very special state-of-the art bounty program STeX Award! https://stex.exchange/bounty based on our AI core. Whenever a make a comment, post with your signature link, a video on YouTube with your link in the description, just copy the page address (url) and place this into the special form on our website https://stex.exchange/bounty along with your Ethereum wallet address. Both our artificial intelligence and manual moderation will place this URL into our database and at the end of the preSale and ICO calculate the size of the stake you earned by spreading the news about our unique project.

• We also suggest that you join our STeX Up! partner program https://stex.exchange/stexup and earn 10% on every investor you recommend. You just need to fill in your Ethereum wallet for payouts a get your personal referral link.

• And that’s not all. Choose to get paid either in ETH or our STE tokens. All payments are done after preSale end and during ICO automatically per your request by clicking the Withdraw button on our website. This provision is made in our Ethereum contract and we can’t change it. This guarantees everybody gets paid in full.

What’s unique about our STeX Award! https://stex.exchange/bounty bounty program?

It’s automatic and fair you can spread the news where people talk about cryptocurrencies, ICO, presale and blockchain. Our algorithms will calculate the number of visitors, clicks, likes, filter out spam and distribute the 3% pool proportionally among all participants. Translation and other specific campaigns will get additional reward and are checked on manual basis. YouTube video reviews are given special priority. So, make the most of it.
Warning! Don’t spam! We block spammers forever!
Make all comments meaningful, add a unique spin to a post and contribute creatively.

Bounty STE coins are distributed as follows:
Translation campaign 10%
Youtube compaing 40%
Signature, Reddit, twitter, facebook, blog campaigns 50%

Bounty thread is here https://bitcointalk.org/index.php?topic=2069043.0
Other languages
Indonesian - https://bitcointalk.org/index.php?topic=2074068.new#new
Polish - https://bitcointalk.org/index.php?topic=2080611.new#new
German - https://bitcointalk.org/index.php?topic=2071833.msg20697084
Spanish - https://bitcointalk.org/index.php?topic=2069958
Vietnamese - https://bitcoingarden.org/forum/index.php?topic=17694

PreSale website: https://stex.exchange/
White paper https://stex.exchange/media/pdf/whitepaper.pdf
Twitter: https://twitter.com/STeX_Exchange
Telegram channel: https://t.me/icoito
Telegram STeX cryptoTalk group @STeXexchange
Facebook: https://www.facebook.com/icoShowcase/

[seriousbusiness]

Some opinions about this ICO?

[mithrim]

Some opinions about this ICO?

It's scam !!!

Ok, that surely is an opinion   Do you have anything of real value to add? I myself would be interested in any information that supports your claim.

STeX.Exchange recently partnered up with WINGS: https://twitter.com/wingsplatform/status/901331354276769792
WINGS now uses their DEEP: https://deep.stex.exchange/

[mithrim]

A short update: The ICO raised:

6029 ETH
at https://stex.exchange so far!

They have Telegram channels aswell
You can join the Telegram channel at https://t.me/icoito
The Telegram STeX CryptoTalk group can be found here: @STeXexchange

[mithrim]

Update: DEEP from SteX_Exchange seems to be a thing

"17055 Eth: amount WINGS forecasters on @BancorNetwork put in ICO (4.28%) thx to @STeX_Exchange  DEEP #bigdata ⛏️; next up all WINGS hodlers"
source: https://twitter.com/wingsplatform/status/908242974127087616

[sms301]

Update: DEEP from SteX_Exchange seems to be a thing

"17055 Eth: amount WINGS forecasters on @BancorNetwork put in ICO (4.28%) thx to @STeX_Exchange  DEEP #bigdata ⛏️; next up all WINGS hodlers"
source: https://twitter.com/wingsplatform/status/908242974127087616

Any idea on when the forecast coming in wings? And what will be the reward ratio?

[mithrim]

As I understand it's a commission by WINGS to deeply analyze all token transactions other than ETH with the new DEEP platform. They are also considering the benefits for token holders when another platform uses DEEP in the near future. Announcements will be made in their news channels.

[mithrim]

A short update: The Pre-ICO raised:

9318.53 ETH / 15.000 ETH max
at https://stex.exchange so far!

3 days to go!

So the project definately will fly!

They have Telegram channels aswell
You can join the Telegram channel at https://t.me/icoito
The Telegram STeX CryptoTalk group can be found here: @STeXexchange

[LumBridge]

Did you receive the tokens immediately? I'd like to join but had bad experiences with ICOs, so I'm cautious.

[mithrim]

Update: The Pre-ICO raised:

12106.97 ETH / 15.000 ETH max
at https://stex.exchange so far!

less than 24 hours to go!

Did you receive the tokens immediately? I'd like to join but had bad experiences with ICOs, so I'm cautious.

Yeah, I received my tokens almost instantly, a few minutes after my transaction went through.
If you're interested, here is my ref link: >>https://stex.exchange/up/e36ms938n26f <<
You'll get extra tokens, have a look:

• Advanced benefit for original ICO subscribers - you'll get a 20% bonus from commissions distribution as long as you keep holding originally distributed tokens. Tokens, bought after ICO in the open market, do not have this advantage. This means that tokens, that never changed owner, share a 20% of commission distribution among them, and over time less amount of originally bought tokens will share ever growing stake of distributions.
  
  
• For those who subscribe at the pre-sale stage: after ICO all pre-sale subscribers will get 10% of Ether collected during ICO - and you still keep your tokens! During pre-sale we distribute up to 10% of all available STE tokens, and after ICO 10% of collected funds is dedicated for those who subscribe on presale stage.