[ANN] StakeIt (STAKE): Proof-of-Stake ERC20 Token & Smart Contract Based Games

[StakeIt]

is the staking plan is depends in how many token we hold ?
but i see the tier 2 and tier 4 have the same rewards also tier 1 and tier 5 too,,
would you like to explain me about this ?

Hi JNR,

The rewards for tier 4,5 are the same as 1,2 in considerations of the constantly decreasing total supply of the tokens. This is to prolong staking periods which directly contributes to the very purpose of why this token was created - 'long-term profit'.

[MelodyCrypto]

Interesting this is like a mining by self we can get profit just hold them
can you tell me benefits and other uses of this token?
do you have mobile application for quick acces to platform ?

[StakeIt]

Interesting this is like a mining by self we can get profit just hold them
can you tell me benefits and other uses of this token?
do you have mobile application for quick acces to platform ?

Yes, users can simply register and credit their tokens on the website to start staking on a daily basis OR users can decide to hold it under their ETH addresses if they don't trust our website/dashboard. One thing is for sure here. The total supply will continuously decrease as we buy back and destroy tokens with revenues generated.

We generate revenues in 2 ways.

1. 1-page AD platform
- We host bounty campaigns & giveaway campaigns on this page. This page also features 100 AD slots. AD slots can be purchased with StakeIt tokens only.  ALL STAKE RECEIVED ARE DESTROYED IMMEDIATELY.

2. Staking Fees
- Whenever a user decides to deposit their tokens on the website, they are required to pay fees (purchase a product on our website). The fees are different for every staking tiers. ALL FEES ARE PAID IN ETH.  ALL ETH RECEIVED ARE USED TO BUY BACK & DESTROY THE TOKENS ON EXCHANGES.

For this, we have a public address named 'Revenues address' for users to easily track the movement of funds & how much tokens we have destroyed in total.


Mobile app is the #1 option that we are planning to include on our roadmap depending on our token sale's success.

[accountantfuttock]

One of the most promissing projects for me… Will see)

[Coin_trader]

What is the use case of this token and how it works?
How about if you just sold only some small amount of token, do you have a soft cap? what happened if you did not reach that? What are your promotional actions? Good promotional campaign is really needed to get more funds from your token sale especially yours will kick off in a very limited time frame.

[StakeIt]

What is the use case of this token and how it works?
How about if you just sold only some small amount of token, do you have a soft cap? what happened if you did not reach that? What are your promotional actions? Good promotional campaign is really needed to get more funds from your token sale especially yours will kick off in a very limited time frame.

Hi! Thank you for your interests in our project.

As described on the whitepaper, the main purpose of our token is to have them 'staking'.

The use case is in the fact that it stakes on a daily basis (if kept under your account on our website). All revenues generated by us as 'staking fees' are used back to purchase the tokens on the exchange & they will be destroyed permanently. This ensures that (i) the total supply of the token decreases continuously (ii) there is a constant demand/buy order on the exchanges.

Additionally, we will have a 1-page AD platform with 100 AD slots. All of our bounty & giveaway campaigns are held on that page to ensure constant in-flow of traffic. Advertisers can purchase these ad slots with StakeIt tokens only. *All tokens earned from this page will be destroyed.

No, we do not have a soft cap. All unsold tokens will be destroyed. Even if we have only sold small amounts of tokens, we will keep moving on with development (at our own expenses). We can guarantee that the token will be listed on an exchange as soon as the token sale ends.

We believe in good promotional campaigns as well. We are actively managing and hiring community supporters and bounty campaigns. Should you have any suggestions or if you would like to help us, please feel free to reach out to us via dm.

[TheCoinFinder]

 If i am not wrong, the StakeIt project is based on a centralized option,
Stake token holders can do whatever they want with token,
I suppose we can buy products on your website and on checkout, we would require to send stake tokens to the ethereum address the shop provides?

I like the idea possessing to this project, this project would be definitely giving amazing opportunities to shoppers.
Happy starting

[StakeIt]

If i am not wrong, the StakeIt project is based on a centralized option,
Stake token holders can do whatever they want,
I suppose we can buy products on your website and on checkout, we would require to send stake tokens to the ethereum address the shop provides?

I like the idea possessing to this project, this project would be definitely giving amazing opportunities to shoppers.
Happy starting

Hi TheCoinFinder,

Yes. The staking option is a centralized one. However, STAKE holders are free to do whatever they wish with STAKE. For staking options, we will be selling a 'Staking Service' product on our website. This is to ensure that STAKE holders pay small amount of fees (which is all used to buy back our tokens & destroyed). Yes, when users purchase this 'Staking Service' product on our website, they will need to send STAKE to specified address (our revenues address). All STAKE sent to this address are destroyed immediately. This means, when the user wishes to withdraw initial amount + staked amount from our website, the tokens are wholly distributed from our Stake Reserve addresses.

Thank you for the kind words! We believe that with time, STAKE holders will be able to enjoy great ROI with constantly decreasing total supply & consistent demand created on the market.

[devdel]

Staking coin is good for me. I like it. Because with staking coin. We hold coin and the price will be up.

[StakeIt]

We have tested our website and it is officially STAKING! Your STAKE automatically stakes on a daily basis. Daily payouts are handled automatically at 1:00 am UTC.

[b-synthestech]

I don't understand if it is interesting or not
where can I find white paper?

[StakeIt]

I don't understand if it is interesting or not
where can I find white paper?

Hi there, our whitepaper is available on our website: www.stake-it.com.

Thank you.

[anhbloginc]

This project is quite similar to ARTE. I would love to contribute some ETH and stake the token to get more.

Also, I have a question that is what if I stake STAKE token and earn more STAKE, can I withdraw the STAKE tokens I deposit to stake in case I don't want to stake anymore? Or it will be locked forever?

[StakeIt]

This project is quite similar to ARTE. I would love to contribute some ETH and stake the token to get more.

Also, I have a question that is what if I stake STAKE token and earn more STAKE, can I withdraw the STAKE tokens I deposit to stake in case I don't want to stake anymore? Or it will be locked forever?

Hi there,

You can request to withdraw from staking any time you wish to and stop your staking. You will get your tokens within 24 hours as we will be manually checking all withdrawals for security reasons.

[retnods]

Hey I am very interested with the stake concept. Stake will make passive income in long term but must be accompanied by good development. Btw sorry I have never staking with a coin/token based on ERC20. Is there any tutorial? and what minimum token should i have to get stake ?

[StakeIt]

Hey I am very interested with the stake concept. Stake will make passive income in long term but must be accompanied by good development. Btw sorry I have never staking with a coin/token based on ERC20. Is there any tutorial? and what minimum token should i have to get stake ?

Hi there,

Thank you for your interests. Yes, we believe that along with good development, we will need a solid community to really make this happen.

The concept of a 'staking' ERC20 token is fairly new and as such, we are providing a centralized option.

All you need to do is to send the tokens to a specified address and purchase our 'staking service' product available on the website (we collect small fees whenever a user deposits the tokens on our website to stake them. All revenues generated are used to buy back & destroy tokens on exchanges).  Once your deposit has been checked, your account on our website gets credited with STAKE and it starts to automatically stake on a daily basis. The minimum for tier 1 is 1,000 STAKE.

[Mysterious01]

I visited your website and I found it simple but full of information.
I become interested about zero developer tokens as the development fees are only funded through the initial amounts raised during the token sale.

How many percent of the token sale is this project going to use to fund development fees?

[Ngemmeng]

i also follow this project good luck thanks dev

[TheCoinFinder]

I visited your website and I found it simple but full of information.
I become interested about zero developer tokens as the development fees are only funded through the initial amounts raised during the token sale.

How many percent of the token sale is this project going to use to fund development fees?

If i am not wrong,  75 million stakes will be kept reserve in different 5 stake addresses.
It is 15 million stakes divided by each stake address.
Tier 1 includes 0.035% daily fee.

[StakeIt]

I visited your website and I found it simple but full of information.
I become interested about zero developer tokens as the development fees are only funded through the initial amounts raised during the token sale.

How many percent of the token sale is this project going to use to fund development fees?

Hi, as we keep 0% of the tokens, all amounts made from the token sale goes right into our development and marketing. In terms of development, we are referring to the utmost security of our servers and databases. It also includes operational costs as we will be expanding the team to handle token holder support and withdrawal requests. Thank you.