MTO #2: BitMax

July 12, 2019 — Final status of the second Micro Token Offering

STP
2 min readJul 12, 2019

The MTO for STP Ecosystem Partner BitMax (BTMX) tokens started on July 9th and lasted until July 12th. Detailed rules and more information on how STPT token holders participated to earn BTMX tokens can be found here.

STP Network is excited to share information our second MTO pool. This info can be found below as well as witnessed onchain in the wallet address here.

Status Update

MTO Pool

  • Total locked amount: 898,146.20 STPT (USD $26,725.25)
  • Total Number of Unique TxIDs: 2,221
  • Total number of MTO Winners: 500

==> Probability of Winning BTMX Tokens: 22.5%

MTO Winners

The 500 MTO winners will be announced on our website shortly: https://stp.network/

Once they see their TxIDs on the site, MTO winners can claim their prize by following the steps below:

  1. Find your TxID on the fullboard site to see if you won (top 500 TxIDs)
  2. For TxIDs in the top 500, send the corresponding amount of STPT tokens to the MTO pool wallet in order to claim your BTMX tokens. Must send from the same wallet used to participate originally.
  3. Tokens must be sent by the deadline date (Midnight EST Sunday July 14th). BTMX tokens will be distributed to the respective participation wallets within 24 hours of the deadline date.

The remaining participants will have their TxIDs automatically rolled into the next MTO — there is no action required from you!

STP Network will be conducting two more MTOs for two other STP Ecosystem Partners during the month of July. Keep an eye on our official channels to find out which one will start next week!

Contact Us

STP Network

Anyone interested in learning more can visit us at https://stp.network/

If you’re an issuer interested in tokenizing your asset, please reach out to us at: contact@stp.network

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