Hello friends…!!! Previously I thank you for the willingness to visit my Blog site. Here I will discuss a blockchain project called StopTheFakes, this blockchain builds a completely transparent and reliable system that can transfer data from users to rights holders and the only means of payment that customers will purchase for remuneration purposes. Of course the platform has its own satisfaction. Because for this project has been made, nah without length I will explain what is StopTheFakes.
WHAT IS THAT StopTheFakes
StopTheFakes is a Blockchain-based decentralization service that aims to detect counterfeiting and infringement of intellectual property rights created by the Ethereum smart contract platform. Blockchain technology has been implemented using open source licenses. This project has its own token, which is the only payment method in its framework.
Our basic idea is to build a truly transparent and reliable system that can transfer data from users to rights holders. We take responsibility for providing the necessary infrastructure and bringing together those who want to learn about any violation of their rights and those who can provide them with this information because of their geographic location or other factors. We assume the responsibility of ensuring that customers reward service providers and maintain their remuneration as commission fees.
The evidence issued by us will be the only means of payment customers will purchase for remuneration purposes. Their quantity is limited, and Blockchain’s principle technology ensures protection against counterfeiting. Ethereum’s smart contract ensures commitment commitment is fulfilled.
Function
The main purpose of the token is that the Requestor pays the Actor services
commission fees, Tokens are also required to gain access to the Big Data.
commission fees, Tokens are also required to gain access to the Big Data.
Token turnover
STFCoin is the only internal payment method for this service, and Applicants need it to receive Warnings regarding violations of their rights and obtain additional services, including access to Big Data data analysis. In light of this, we propose the following.
STFCoin will be available for purchase both within the service (via Coinbase) and on a number of stock markets (eg, Bitfinex, Poloniex, Kraken, etc.). At the same time, the token fees in the service will not be different from and will be in accordance with the cost of the stock market.
Instead, Seafarers who have received remuneration for Alerts will also get it STFCoin He can then redeem it in the stock market or in the service.
The increasing number of Requestors and of Alerts derived from Doers will result in a further increase in demand and growth of STFCoins which increase the turnover tokens at each stage shown in the table.
Wall treet Journal
The Motion Picture Association of America previously reported that the US film industry is $58 billion short each year due to copyright piracy
ICC WBO
According to the ICC report, piracy and counterfeit-induced losses will keep growing globally amounting to $2.81 trillion by 2022
According to the World Health Organization, up to 60% of pharmaceutical drugs are counterfeit. The counterfeit pharmaceutical industry is estimated at $200 billion a year
Sales tokens
Token will be sold during Pre-ICO and ICO. No limitations imposed
buy STFCoin.
buy STFCoin.
The STFCoin Tokens will be sold for Ethereum and Bitcoin (ETH, BTC).
Pre-ICO
Start date: November 21, 2017 (12:00 pm NYC Time, UTC-4)
End date: December 20, 2017 (12:00 pm NYC Time, UTC-4)
The number of available tokens: 1 305 000
Currency received: ETH, BTC
Token exchange rate: 1 ETH = 520 STFcoins
Minimum transaction amount in Ethereal: 0.1 ETH
Minimum transaction amount in Bitcoin: 0.01 BTC
Spent the funds collected in Pre-ICO and ICO
Nov 11
StopTheFakes — BLOCKCHAIN Anti-Counterfeit & Copyright Infringement
StopTheFakes is a Blockchain-based decentralization service that aims to detect counterfeiting and infringement of intellectual property rights created by the Ethereum smart contract platform. Blockchain technology has been implemented using open source licenses. This project has its own token, which is the only payment method in its framework.
Our basic idea is to build a truly transparent and reliable system that can transfer data from users to rights holders. We take responsibility for providing the necessary infrastructure and bringing together those who want to learn about any violation of their rights and those who can provide them with this information because of their geographic location or other factors. We assume the responsibility of ensuring that customers reward service providers and maintain their remuneration as commission fees.
The evidence issued by us will be the only means of payment customers will purchase for remuneration purposes. Their quantity is limited, and Blockchain’s principle technology ensures protection against counterfeiting. Ethereum’s smart contract ensures commitment commitment is fulfilled.
HOW IT WORKS
ROADMAP
- June 2016 The Idea of the StopTheFakes Project
- September 2016 Service concept formation
- December 2016 Copyright protection analysis
- April 2017 Building token sale and blockchain development team
- May 2017 Negotiating on the service use terms with potential applicants
- July 2017 Development of the ERC-20-based token sales official website
- September 2017 Launching token distribution website
- November 2017 Community development, involving experts, spreading the idea
- December 2017 Launching service prototype
- January 2018 Launching mobile app prototype
- January 2018 Token sales promotion stage
- February 2018 Alpha v.0.1 service release, its testing and debugging
- March 2018 Main stage of token sale
- March 2018 Main development stage
- April 2018 Submitting token to the stock exchange listing. Initiating bidding
- April 2018 Launching Android app available for download
- May 2018 Launching Google Chrome and Opera extensions
- May 2018 Security audit. Vulnerability scanning
- June 2018 Service launch; hitting first 5,000 copyright violation detections
- June 2018 Launching IOS app available for download
- July 2018 Launching Mozilla Firefox add-on
- August 2018 Engaging in close collaboration with major producers. Agreement signing
- September 2018 Reaching user count of 850 000 and a total of 40,000 breaches detected
- June 2019 Big Data implementation. Expanding the range of services for Applicants
- August 2019 Аudience building. A total of 400,000 copyright infringements detected
DOCUMENTATION
One Pager
White paper
Token Sale Policy
SEC Howey Test
TOKEN SALE
Pre-ICO
Start date: January 21, 2018 (09:00 AM EST Time)
End date: February 21, 2018 (09:00 AM EST Time)
The number of tokens available: 1 305 000
Currency accepted: ETH, BTC
Token exchange rate: 1 ETH = 520 STFcoins
Minimum transaction amount in Ethereum: 0.1 ETH
Minimum transaction amount in Bitcoin: 0.01 BTC
Bonuses:
- Day 1–2: +40% bonus
- Day 3–10: +30% bonus
- Day 16–30: +25% bonus
ICO
Start date: March 21, 2018 (09:00 AM EST Time)
End date: April 21, 2018 (09:00 AM EST Time)
The number of tokens available: 20 271 000
Currency accepted: ETH, BTC
Token exchange rate: 1 ETH = 520 STFcoins
Minimum transaction amount in Ethereum: 0.1 ETH
Minimum transaction amount in Bitcoin: 0.01 BTC
Bonuses:
- Day 1: +15% bonus
- Day 2–10: +10% bonus
- Day 11–20: +5% bonus
- Day 21–31: 0% bonus
For more information you can see their project link below:
WEBSITE : https://stopthefakes.io/
WHITEPAPER: https://stopthefakes.io/docs/WP_En.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=2336365.0
WHITEPAPER: https://stopthefakes.io/docs/WP_En.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=2336365.0
Eth Address : 0x25301592D754301cCb878707Be589a8D7c820FA8
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