MTO #3: Thunder Token

July 19, 2019 — Final status of the third Micro Token Offering

The MTO for STP Ecosystem Partner Thunder Token (TT) started on July 16th and lasted until July 19th. Detailed rules and more information on how STPT token holders participated to earn TT tokens can be found here.

STP Network is excited to share information our third 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: 1,612,662 STPT (USD $53,619.39)
• Total Number of Unique TxIDs: 2,735
• Total number of MTO Winners: 506

==> Probability of Winning TT Tokens: 18.50%

MTO Burn

• Amount of STPT to be Burned from this MTO Pool: 1,612,662 STPT
• Amount of STPT to be Burned from TT Purchases: 524,226.29 STPT
• Total Amount of STPT to be Burned: 2,136,888.29 (USD $71,049.39)

==> Total Circulating Supply After MTO: 164,210,245.71 STPT

MTO Winners

The 506 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) plus 6 daily winners
2. For TxIDs in the top 500, send the corresponding amount of STPT tokens to the MTO pool wallet in order to claim your TT tokens. Must send from the same wallet used to participate originally.
3. Tokens must be sent by the deadline date (Midnight EST Sunday July 21st). TT 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 one more MTO for another STP Ecosystem Partner. Keep an eye on our official channels to find out which one will start next week!

Calculation Method

Days 1 & 2:

Step 1. Take out first two digits (“0x”) of TXID

Step 2. Hash it with SHA256 (using python hashlib version)

Step 3. Calculate score using rule: S=3, T=4, P=0 (same scoring rule used in first two rounds, but different letter on S, T, and P)

Day 3:

Step 1. Take out first 7 digits and last 5 digits of TXID (TXID[7:60])

Step 2. Append string “cheating is not good, kid; cheating is not good, kid; cheating is not good, kid; cheating is not good, kid” to it

Step 3. Hash with SHA256 (using python hashlib version)

Step 4. Calculate score using rule S=3, T=4, P=0

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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