New PoB Payments Program — Ontology
Projects can now use STPT tokens for discounted Block72 Services in a new Proof of Business (PoB) model outlined below
PoB Payments
Details on Block72 and STP Network’s recent Proof of Business Staking model can be found in this post.
STP Network is now announcing an additional way for projects in the STP & Block72 Ecosystem to interact with the STPT token in a way that benefits not only the project but the entire community of tokenholders as well!
In partnership with Block72, PoB Payments allows projects steep discounts on Block72 services for payment received in STPT
This means that blockchain projects working with Block72 will receive discounts up to 15% for paying with STPT. Minimum 25% of these tokens will be locked, thereby benefitting the entire tokenholder community as well as the project receiving the discount.
Why Ontology is Leading PoB Payments
The first company to pioneer this new PoB offering is Ontology, a renowned high-performance public blockchain project & a distributed trust collaboration platform.
Ontology is a close partner of Block72 and an early supporter of STP Network. Ontology also made a strategic investment to use STP Network’s infrastructure and resources to strengthen its global presence and grow its existing community. We are very excited to see them leading the way with the new PoB Payments offering and joining our growing STP Ecosystem:
Conclusion
The newly introduced Proof of Business Payments model is a great way for projects and community to benefit from greater utility of the STPT token. PoB Payments is now an option for any and all blockchain projects effective immediately!
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