Review on Standard Tokenization Protocol by Robiul Islam
Standard Tokenization Protocol.
It is an open-source standard that defines how tokenized assets are issued and transferred in compliance with all required regulations. It is a platform utility token and has 3 main utility categories.
It offers investors the opportunity to access premium projects that are generally inaccessible. Users who keep STP for longer than specified period will have access to STP platform premium offer. For example, User will be able to buy cheaper than the market price of tokens already listed. There are also many other benefits such as premium financial products, airflow and more.
Pros
- Strong relationships with both the crypto projects as well as the community.
- Dedicated tokenization.
- Decentralized financial products and assets.
- Active engagement rewards, and maximum awareness.
Cons
- MTO is cool but STP needs more frequent updates.
