Around how much would a token be and is there a minimum amount tokens for us to be able to participate?
The token costs $0.05 in ETH. Minimum participation is $5 (100 STAKE).
Correct me if I'm wrong, however the way I see it, StakeIt would act as an exchange site like Changelly etc? What would be the benefits of this compared to them? Would it be a lower transaction fee?
No we are not an exchange. We provide a centralized staking option for our token holders.
Correct me if I'm wrong, however the way I see it, StakeIt would act as an exchange site like Changelly etc? What would be the benefits of this compared to them? Would it be a lower transaction fee?
I think as I read their white paper, this would be acting like a bank where your Btc or Eth would eventually gain more like a bank having interest per annum. I'm just not really sure on when they would be implementing the interest as well as would it be per annum or per month
Yes we provide daily compound interest (staking) and there are five different staking tiers with different staking rates for each tiers. The staking service will be available as soon as the token sale ends.
What is with 75 million reserved tokens ? You took out 20 million for ICO and unsold will be burned this is what I understood. Where can I get more information about reserved tokens as I didn't see any information in Q&A section.
Hello, yes the 75 million are stored in 5 different addresses which represent 5 different staking tiers. You can view the addresses on our whitepaper or through the ‘useful links’ section at the bottom of our website.
I was reading the whitepaper of StakeIt, and I understood that users earn by staking their tokens. However, I am curious on how your company would be earning revenue from this.
In addition, I was searching more about StakeIt on the web and came across this on Facebook. They are giving away StakeIt Tokens
https://www.facebook.com/cryptobuzzdotcom/Is this Facebook Page from StakeIt or is this someone else's?
Hi there, we have partnered up with Crypto-Buzz to host a giveaway campaign on facebook. No we are not an affiliated fompany.