STIPS|FinTech is a decentralized crypto-finance ecosystem for smart investing and asset management based on EOS, powered by IBM. It consists of the following elements:
Index STIPS20 — Professional Cryptocurrency Index [LAUNCHED];
STIPS|20Fund — Open Tokenized Index Fund [LAUNCHED];
STIPS|Oculus — First Decentralized Trading, Analytics and Management Platform [MVP].
STIPS|Smart Fund — Decentralized Solution for Your Investments [Developing].
STIPS|Oculus employs a combination of unique algorithms to identify fundamental parameters that influence the dynamics of token price. For analysis of the unstructured information (collected from the blockchain and provided by the platform’s users) the IBM Watson solution will be used. With a long list of data, a user can work out his/her unique trading strategy and apply it in everyday trading.
The platform is designed for all market players:
• Those who create tokens;
• Those who buy tokens;
• Those who want to earn by participating in the platform development.
The Fund is an important part of the Oculus platform. Most users aren’t ready to make independent decisions and it’s important for them to have not only analytical tools, but also tools to transfer their assets for management.
The digital assets market started forming in 2009, with emergence of Bitcoin (BTC), the firstever cryptocurrency. Soon, when the first altcoin (Namecoin and Litecoin) appeared in 2011, it became clear that the market was on the threshold of meeting the brand-new class of previously-unknown assets that are to take up a strong position in the finance world. The number of cryptocurrencies, as well as total market capitalization, grew at an exponential rate, which led to emergence of new trading platforms (exchanges) and funds engaged in investing in cryptoassets. According to coinmarketcap.com, daily cryptoasset traded value reached USD 50 billion in 2018. As reported by Autonomous NEXT, a British fintech analytics company, there were 312 cryptocurrency hedge funds as at Q3 2018. Assessed together, these funds control USD 6-7 billion of cryptoassets (around 2 %). Cryptocurrency and blockchain awareness spreads and grows at an amazingly quick rate: a global study of cryptocurrencyinvolved purchases made by Visa, MasterCard, and UnionPay card users shows that 89 % of respondents are well aware of cryptocurrencies, while 53 % have already bought some for the last 12 months. Such high level of engagement is ensured by blockchain itself, a technology that cryptoeconomy is based on.
Never any scientific institution would dare to argue on the blockchain breakthrough. This innovation is empowered to remake the very structure of user interaction and financial services. In 2016, the World Economic Forum became one of the first who foretold the rapid growth of blockchain — a thing that “boggles imaginations and gobbles the financial services ecosystem.”
The core of blockchain is electronic transaction-recording tool which requires no third-party involvement and enables transactors track related data through the network. In simple words, blockchain is a distributed data store for digital transactions that has the multistep confirmation system, and thus it needs no further audit. Moreover, the data are always open for everyone having the access to the network. This system formalizes cryptocurrency payments and prevents any cases of malicious use of the currency units. A chart below illustrates the growth of bitcoin wallets on blockchain.com, one of the world’s most popular portals. For 6 years, their number increased from 0 to 27,000,000, just on the one resource. 300,000 Bitcoin transactions are processed every day, with the total daily turnover of around BTC 1,000,000 (6 % of the market capitalization). Across the TOP-10 cryptocurrencies, the overall daily number of transactions comes to about 1.5 million.
Token sale start date and time (UTC): 16 December 2018, 00:00
Token sale end date and time (UTC): 15 January 2019, 00:00
Token price, total supply and distribution:
1 STIPS = 0.1 USD
Total supply: 242 367 507 STIPS
60% – Investors
18% – Team
6% – Bonuses for major investors
6% – Stabilization Fund
4% – OCULUS Experts Fund
3% – Advisors
2% – Bounty
1% – Referral programs