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

[Mysterious01]

So the total sales will be divided for development and marketing. BTW do you have plan to extend your marketing in facebook?
I saw that facebook isn't part in your bounty.

[Mr.Nc.Guy]

I am slow on understanding this project. We earn by staking the token and how would the company earn on this?

[chokri29]

Looks very interesting! i think you will get success bcz with such huge erc20 tokens there's no real projects or community behind a lot of those ttoken ! hope you rapid grow and more success!

[Mysterious01]

I also read the post many times just to figure out how we will profit from stake and how the platform will also earn.

I hope dev can explain it to us in a simple way that all of us can understand how the platform will give us profit.

[bribed]

I am slow on understanding this project. We earn by staking the token and how would the company earn on this?

I suppose they got their own share of STAKE as not all tokens are being sold in the ICO, it will likely be 50% or 60% so the remaining % stays within the company, and as the value of the STAKE appreciates, so does the return for the company. I hope I did think this through the right way.

[Mysterious01]

It will likely how the platform will earn. I saw also that there are certain fees for stakes so this will be another way how the platform will earn also.
But for us investors or stake holders how are we going to earn or profit? 

[Doctor-Coin]

well the hodlers earn from staking and the platform from the transaction fees ...  may be later they are gonna add some more projects

wish good luck dev.

[TheCoinFinder]

Yes , holders will earn from staking their tokens through website and it looks the stake token would also be listed at etherdelta.
So interested users can also earn profits by trading STAKES.

[Coin_trader]

I am slow on understanding this project. We earn by staking the token and how would the company earn on this?

THe company will earn in two ways as per their reply on post:

1. 1-page AD platform
- They will host bounty campaigns & giveaway campaigns on this page. This page also features 100 AD slots. AD slots can be purchased with StakeIt tokens only.
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.

[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?

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.

I thought staking process is operating through a smart contract?

[Mysterious01]

I am slow on understanding this project. We earn by staking the token and how would the company earn on this?

THe company will earn in two ways as per their reply on post:

1. 1-page AD platform
- They will host bounty campaigns & giveaway campaigns on this page. This page also features 100 AD slots. AD slots can be purchased with StakeIt tokens only.
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.

It is more clearer now,  but one last thing that I cannot fully understand.
To the stakes that we buy, will it gain profit?
If it will profit then how long are we going to wait to get our profit from our stakes that we bought?

[bebeomega]

I have no idea if the project will succeed or not but definitely has good potential!

The idea of buying back coins and burning them sounds very innovative.

Definitelly worth trying it

[bady]

I believe this project will be a success because you can't go wrong with long term profit. Many people will take note of this token's existence in the near future. Documents seems transparent and promising so I can bet my money on this one.

[TheCoinFinder]

I thought staking process is operating through a smart contract?

The process of staking is being operated through the website stake-it , we cay assume it off-chain.
In this concept, the stake token is definitely an ERC20 but staking probably not go through smart contract.

[StakeIt]

So the total sales will be divided for development and marketing. BTW do you have plan to extend your marketing in facebook?
I saw that facebook isn't part in your bounty.

Yes exactly. Total made from the token sale will be used for devlelopment, marketing, and listing on credible exchanges. We would love to hear your suggestions about Facebook marketing. Please do tell us more about it via DM!

I am slow on understanding this project. We earn by staking the token and how would the company earn on this?

Hi! The only revenues that we as developers get to keep is the amount made from the token sale. The revenues we make from charging 'staking fees' are wholly used to buy back & destroy tokens on exchanges. As this is a community-driven token, we do not earn anything but one thing is for sure. We will participate in the token sale ourselves to get some of our own tokens!

I thought staking process is operating through a smart contract?

The process of staking is being operated through the website stake-it , we cay assume it off-chain.
In this concept, the stake token is definitely an ERC20 but staking probably not go through smart contract.

Yes. We thought about building smart contracts and airdrops but figured that there are many problems to it, especially when it comes to users abusing it. Also, by providing a centralized staking option, we are able to charge users some fees for staking (which is wholly used to buy back & destroy tokens on exchanges).

[Mysterious01]

I have no idea if the project will succeed or not but definitely has good potential!

The idea of buying back coins and burning them sounds very innovative.

Definitelly worth trying it

Yeah this tactic will surely balance the demand and supply that will make the tokens price better.
Though it takes some time to make it balance but once it will happen all of us will become happy and benefited.
This project has potential so let's continue to support it

[Coin_trader]

This project will be very prolific, the buying back program and burning of the coins being bought back will make the coin's price to accelerate and will generate large amount of profit for the token holders.

[StakeIt]

I have no idea if the project will succeed or not but definitely has good potential!

The idea of buying back coins and burning them sounds very innovative.

Definitelly worth trying it

Yeah this tactic will surely balance the demand and supply that will make the tokens price better.
Though it takes some time to make it balance but once it will happen all of us will become happy and benefited.
This project has potential so let's continue to support it

This project will be very prolific, the buying back program and burning of the coins being bought back will make the coin's price to accelerate and will generate large amount of profit for the token holders.

Thank you all for the great words!

[ccsang]

I just join this because it's not a hyip program , token available stake daily without time and age limitations , I'm just look forward to more news coming out 

[TheCoinFinder]

Undoubtedly, Staking with this program is not hyip as the terms of use of this project seems to be based on centralized option.
So there will be no concepts of hyip relating in the project.