Elastos | STK Token | Iungo Network
Total Supply: 33,000,000 ELA
Elastos is a project which aims to develop a blockchain based operating system with support for decentralized apps. The major advantage of a decentralized operating system will be the ability to stop apps from directly accessing a network. Plus, a peer to peer infrastructure reduces the need for having human intervention especially when the operating system is deployed across a large organization.
Elastos also make acquiring rights for digital products immensely secure and easy. Rights and contracts will be transferred using the blockchain as its backbone. Essentially turning digital information into an asset. Since the operating system and blockchain does away with the need for intermediaries, it will become nearly impossible to forge credentials hence blocking if not completely eliminating efforts to pirate genuine licensed software and information.
Exchanges: Huobi, CobinHood, IDEX
Total Supply: 500,000,000 STK
The STK token is a project which aims to facilitate real-time point of sales transactions in the real world but using cryptocurrency wallets. The ability to make in-store purchases will speed up the adoption of cryptocurrencies. The company sees itself as being part of a global solution to further the adoption of cryptocurrency commerce in the real world with true borderless transactions.
Currently making purchases via your cryptocurrency wallet requires that the currency is converted into fiat currency based on prevailing rates. However, when the STK token is used it works as an intermediary by first making sure that there is enough cryptocurrency in the wallet like bitcoin, Ethereum, etc. Then the STK token opens a direct line between itself and the point of sales merchant via the STK wallet. So, in essence, the transaction is funded by STK tokens similar to how Ethereum transactions are funded by gas.
Total Supply: 62,553,604 ING
Iungo is a project that’s working on developing an open source platform which will allow anyone to become an ISP (Local Internet Service Provider) as part of a global WiFi network system. The benefit of this global WiFi network will be the ability to connect seamlessly from anywhere around the world. The service will be secure and provide VPN services too. The project apart from making connecting to the internet easy will also bring the internet to developing parts of the world. ISPs will get paid for their services via cryptocurrency. It can be considered as the Airbnb of the internet service provider world.
As part of the global Wifi network project, Iugo has signed a partnership agreement with Ligowave, which has been offering WiFi internet services in Europe since 2006. It is the fastest growing WiFi equipment manufacturer too. The deal will further the goals of the company’s global WiFi initiative.