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Standard Tokenization Protocol

STPT

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Standard Tokenization Protocol is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

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Market

Market stats

Market cap

$113.1M

Volume (24h)

$24.2M

Circulating supply

1.9B STPT

All time high

$0.28

Price change (1h)

-0.35%

Price change (24h)

-0.76%

Price change (7d)

+3.65%

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Standard Tokenization Protocol is on the rise this week.

The price of Standard Tokenization Protocol has risen by 3.65% in the past 7 days. The price declined by 0.76% in the last 24 hours. In just the past hour, the price shrunk by 0.35%. The current price is $0.0582 per STPT. Standard Tokenization Protocol is 79.20% below the all time high of $0.28.

The current circulating supply is 1,942,420,283.027 STPT.

About

What Is Standard Tokenization Protocol (STPT)? 

Standard Tokenization Protocol (STPT) is an ecosystem that launched Verse Network, a Layer 2 sidechain developed for the next-generation DAOs and DeFi. Verse Network aids the use of decentralized autonomous organization (DAO) by eliminating the barriers to entry, high transaction fees, and other complications. Thus, the Verse Network powered by the Standard Tokenization Protocol (STPT) platform hopes to make DAOs accessible and usable to everyone. 

Meanwhile, Verse Network seeks to work on issues preventing DAO from contributing to a scalable ecosystem. DAO or ‘decentralized autonomous organization’ allows users to actively play a part in the governance of the system. However, problems like slow transaction speed in real time and unfeasible transaction costs limit the scope of creating an efficient and scalable ecosystem supporting the innovative DAO models and functions. Moreover, among recent DAO-based infrastructures a shortage of incentives, barring users from adopting the infrastructure, and ultimately failing to convert a promising market is seen. 

As a result, Verse Network was developed by the STP platform using STPT as a utility and governance token functioning on Verse. The token functions as the platform’s core medium of cryptocurrency exchange. Additionally, all STPT token holders can cast their votes on proposals within the Verse Network. Also, STPT serves as a medium of exchange for conducting transactions. The utility token or STPT seeks to incentivize all network users and provide rewards too. For example, the DAO participation DApps hikes incentives among users participating in DAOs in various platforms. 

Furthermore, Verse Network is hostile to censorship, seeking to allow organizations, networks, and developers a free hand in decision-making to optimize the functions of DApps (decentralized applications). Moreover, the cloud is effectively scalable by utilizing the proof-of-stake (PoS) consensus mechanism. The platform is equipped to support multiple virtual machines and not just an EVM or Ethereum virtual machine. Similarly, Verse is a front-running resistant cloud seeking to prevent users from paying higher transaction charges to quicken the validation or approval of transactions on the blockchain.

Lastly, it can be said that the Verse ecosystem, powered by Standard Tokenization Protocol (STPT), aims to support and improve the functionality and use of DAO-based DApps in the ecosystem. 

History of Standard Tokenization Protocol (STPT) 

The Standard Tokenization Protocol powered Verve whitepaper was published in September 2021. 

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Guides

Coinbase

How to Buy Standard Tokenization Protocol

You can buy Standard Tokenization Protocol using Coinbase Wallet, your key to the world of crypto. We wrote a guide on how you can buy Standard Tokenization Protocol using Coinbase wallet.

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FAQ

What is the current price of Standard Tokenization Protocol?

We update our Standard Tokenization Protocol to USD currency in real-time. Get the live price of Standard Tokenization Protocol on Coinbase.

What is the market cap of Standard Tokenization Protocol?

The current market cap of Standard Tokenization Protocol is $113.09M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Standard Tokenization Protocol?

The all-time high of Standard Tokenization Protocol is $0.28. This all-time high is highest price paid for Standard Tokenization Protocol since it was launched.

What is the 24 hour trading volume of Standard Tokenization Protocol?

Over the last 24 hours, the trading volume of Standard Tokenization Protocol is $24.16M.

What other assets are similar to Standard Tokenization Protocol?

Assets that have a similar market cap to Standard Tokenization Protocol include TomoChain, TerraClassicUSD, Symbol, and many others. To see a full list, see our comparable market cap assets.

How many Standard Tokenization Protocol are there?

The current circulating supply of Standard Tokenization Protocol is 1.9 billion.

Can I buy Standard Tokenization Protocol on Coinbase?

Yes, Standard Tokenization Protocol is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Standard Tokenization Protocol guide.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.