STPT Use Case and Forecast
“The great revolution in the history of man, past, present and future, is the revolution of those determined to be free.” – John F. Kennedy
Today we begin yet another transformation towards a brighter future. Through all the struggles of the way things used to be, I see a brighter future lighting the way for all of us, no matter the race or creed. I offer a direction that you can control. An idea that has not been available to human civilization for a long time. The perceived flagrant idea of self governance and control from the bottom up, not the other way around. Today we look at how the STP network envelops this ideology and leads us to a brighter future for all. The long existent chapter of a monopolistic view on wealth distribution can finally come to a close. The Standard Tokenization Protocol is one of the protagonists of this story, and we are watching this happen in real time. Let me walk you through this idea right now.
The Standard Tokenization Protocol (STP) defines a revolutionary platform hitherto missing from the blockchain ecosystem. STP has devised an open-sourced standard designed from a principle of trustless asset management and record keeping available not only on the Polkadot infrastructure, but also other blockchain platforms as well as assets off-chain. They give the user the ability to compile any asset from any medium and create a trustless security token creation platform. This guarantees that assets representing the security token’s valueship are present, no matter the medium. The result is an opportunity to invest in something either previously unavailable or lacking a tantamount level of security. We can thank the blockchain for such a possibility. STP is seamlessly leveraging and executing this idea with a high level of precision and offers an opportunity like none before it. The very idea hinges upon the notion of ‘synthetic asset’.
The idea of a synthetic asset is not new. CoinTelegraph explains that “a ‘synthetic asset’ refers to a mix of assets that have the same value as another asset. Traditionally, synthetics combine various derivative products – options, futures or swaps – that simulate an underlying asset – stocks, bonds, commodities, indexes, currencies or interest rates.” Several other entities have their way of achieving this through many different formulations. These current formulas do not lend themselves to a decentralized principle, nor do they offer much to the average investor in terms of trust or the flexibility to become something more than just a glorified “stable coin”. STP disrupts this paradigm by rejecting the current narrative. This inverted idea is that it cannot be improved upon and must only be duplicated. Obviously investors in blockchain have the lens to see the bigger picture and realize that the S&P 500 and a handful of tech stocks are going to be the golden future of our financial system.
Why can’t we decide what our gold standard will be? What happened to letting the market decide what is a valuable indicator for the health of our financial systems? Who said we have to accept what we’re given and that we have to continue playing by their rules? Who made those decisions, anyway? Now that we have the privilege and resources to construct our own economic future and track the pulse ourselves, we can focus our intentions and potential forward. Lest we forgive or forget the moneyed few responsible for our (many) common and shared woes, observe that some have already transposed this oppressive and undignified problem onto the blockchain. They toxify our ecosystem with the same old-money ideologies. I am proud to say that STP, from its core, defies this idea wholly and enthusiastically and allows us all to pave the future for a new financial structure already at our doorstep. Whoever declares that they can fulfil the betterment of all society without input from the people is not truly operating for your benefit.
I admit, however, that I do not offer any other solution besides advocacy for the working class and collaboration with those that conform to our outlook on how things should be. I back this token not only for its revolutionary protocol, but also for its ability to add more depth to the blockchain ecosystem and its ability to leverage our community for the benefit of our community. By supporting a financial counter-culture, we ensure that governments and other entities cannot dictate how we can provide a better future for ourselves and our families.
Announcements for STPT use case
Binance and Expedia-Backed Travel Agency uses STPT as Payment https://gov.stp.network/t/stp-partners-with-travala-to-connect-stpt-with-expedia-and-other-global-hotel-online-booking-payment-channels/18
STP 2.0 https://gov.stp.network/t/introducing-stp-2-0-a-protocol-for-synthetic-tokenization-on-polkadot/13
STP Invests in Cobak, Largest Korean blockchain community https://gov.stp.network/t/stp-network-makes-strategic-investment-in-cobak-1-blockchain-community-in-korea/16
STP and HedgeTrade https://gov.stp.network/t/stp-network-and-hedgetrade-partner-to-offer-social-trading-of-stpt-tokens/17
“You are not the victim of the world, but rather the master of your own destiny. It is your choices and decisions that determine your destiny.” – Roy T. Bennett
submitted by /u/vapeoholic