Stishit is a niche community with a feature rich social portal. The special thing about Stishit is that users earn Stish Credits for doing things that they already love doing on other social media websites. Ever wanted to earn rewards for making friends or writing comments? The micro-blogging platform allows members to share photos and videos with their friends in a very similar approach to larger multi billion dollar social media companies. Stishit is the best of several social networking websites combined but with a HUGE TWIST! Stish Credits Can Easily Be Exchanged For The Crypto Currency Stish!
There is no other token in existence like Stish. Epic describes Stish perfectly as it solves problems that some of the greatest minds in crypto were unable to solve. Stish conquers tokenization of an equitable rewards system for social media content creation. That is a mouth full! Why are you making those giant corporations rich again? Build your own mini token economy right here, all you have to do is Stishit.
We are working on building real micro crypto economies online through various portals and projects. Stish It is our flagship with an amazing working platform. The major challenge we see with cryptocurrency adoption is that normal non developer people have a huge learning curve. Most typical people are scared of crypto currency and associated it with bad things. Many people do not trust it because it is to get started using it, it is difficult to understand the jargon such as private keys and wallets etc.
Stishit looks to dissolve much of those fears and complications through automated Social Wallet creation for all members of the platform and an easy fun social media system that allows users to play around with crypto.
Members of course earn Stish crypto for doing average daily task like commenting and writing posts and making friends. Better than this, if they find content they like or people they like and want to share some crypto than can easily send it by entering the members user name or screen name. Much of the complexities to using crypto are being broken down with our easy system.
Members can easily load their wallets using Changelly or Coinbase or similar service if they choose or they soon will be able to convert their Stish directly into other popular digital currencies directly from Stishit and get started using this new digital currency. Starting this way without any investment of actual government issued currency should greatly reduce the barrier to entry. People can get a feel of how wonderful crypto currencies are and hopefully continue growing the micro crypto economy that helped them get started.
Stishit doesn’t just benefit Stish but also the whole cryptocurrency community as we bring in new people to the cryptocurrency world by making it so simple to be a part of a wonderful network.
Info You Need Right Now!
See The Contract On Etherscan at: https://etherscan.io/address/0xb472c71365ef9ed14226bb0aa4c9a3fa45ece510
The Contract Address:
The Currency Name: Stish
The Currency Trading Symbol: Stish
The Currency Decimals: 4
The Total Currency Minting: 100,000,000
The Total For Sale During The First Round (possibly only round): 10,000,000
The Rate Of The Token Event Sale Will Be 1000 Stish Per 1 ETH Through The Contract.
The Total Raise SoftCap We Really Need To Hit At Minimum For Success is $100,000 USD equivalent.
The HardCap is 10,000 ETH.
The Total Allocated For Early Adopters Founders And Pre-ICO sales of Stish1.0: 10,000,000
The Total Allocated For Future Marketing, Dev Costs, Legal Fees, Misc Expenses and Retainage: 20,000,000
The Total Allocated For Rewards Pool Distribution: 60,000,000
The Reasons We Are Raising Funding Through Our Token Event:
The primary use of funds raised will be to place a deposit so that Stish will be added to Coinpayments. We will also use their API service to handle the internal exchange of Stish to other major cryptocurrencies through Social wallets.
We will add a tipping mechanism where users can tip authors with currency from their Social wallets. The platform will also issue equitable rewards via Stish credits which will be exchanged into Stish crypto at a rate of 1 to 1. These light wallets will help users move currency throughout the micro crypto economy. We anticipate one day adding a market place which we have beta tested.
We will charge nominal fees for when currency leaves the micro crypto community. This will fund day to day operations and also fund marketing, market making and customer acquisition costs.
Stish crypto is an ERC223 Token Built on the Ethereum blockchain and can be sent to Ethereum wallets that a user has generated and owns the private key. Stish will also soon be available to be sent to wallets the platform provides all users that join Stishit and will be able to be send between members easily. We look forward to one day allowing automatic conversions from Stish Credits to Stish Crypto or Simply doing away with Stish Credits and Directly Replacing with Stish Crypto for more instant rewards!
We will additionally seek at least one major exchange and attempt to increase trading volumes to over 100,000 daily trading volumes to be listed on Coinmarketcap. We will need to acquire a market maker for this and encourage trading among crypto currency speculators and trading enthusiasts. We can do this through a marketing campaign, contests, air drops,bonus campaigns, etc. We have set aside reserves for this purpose specifically as many will accept Stish as payment for their services.
We look to add a full time legal panel. If we raise the max amount we will look at hiring a few full time developers for future projects on the road map for a speedier production. We look to add more hardened security and increase total member capacity by increasing server sizes and paying for content delivery networks and remote storage capacities to expand globally when the time is right.
There is ongoing development but much of the framework is already established for many of the future projects. Some concepts will still need to be developed or coded from scratch such as the scalability concern we have of exchanging Stish Credits into Stish Crypto automatically. Our temporary scaling solution will be to auto remove Stish credits from a users account once per period and generate a list of ethereum wallet addresses along with a value amount to plugin to our mass Stish send tool which is yet to be developed. We have a detailed plan and some coding started on this but the wallets need to come first.
Stish empowers people around the world by breaking down the barrier to entry into crypto. People can earn while they learn, as the equitable Stish Credits are fair and do not require crazy computer geek skills to get started. Though being computer savvy comes in handy. If you can use websites such as facebook, instagram, youtube, or twitter you will find Stishit such an easy transition.
Many people have stopped using their old tired and wore out platforms that are super greedy and keep all of the rewards for your efforts to themselves. Stishit changes the way people write articles, make comments, share on multiple networks, make friends and even earn rewards from a token economy that they are helping build everytime they like, comment and contribute high quality content. At the end of the day it takes real people doing really great things to build an online cryptocurrency community. Stishit is making it super easy for new people to get involved with crypto often for the first time.
Stish not only has the power to change the world it is already starting to do so.
This is not a concept ICO. Stish is supported by a community of passionate people. This community is growing and Stish leads the way. Like many other start-ups before us we know and value each and every member’s opinion. You matter here and we want you be able to get in on the ground floor of a revolutionary project and not miss this epic ground breaking opportunity.
**This Is Not An Investment. This Is Not A Financial Instrument or Security or Bond. This is not an offer or promise of any financial gain or incentive. Stish Credits Are An Internal Rewards Points System Which Have No Cash Value. Stish Credits Can Be Converted Into Stish Crypto Which Is A Tradeable Token Built on The Ethereum Blockchain.
The following wallets should be compatible with Stish:
- MyEtherWallet (no download needed)
- MetaMask (Firefox and Chrome browser addon)
- Mist (Desktop)
- imToken (iPhone)
- imToken (Android)
- Coinomi (Android)
- Trust Wallet
- Saturn Wallet ( Best For Trading On Radex and Sending Tokens Fast)
Exchange: Radex Exchange
HOW DOES STISH HAVE VALUE?
How Does Stish2.0 Have Value?
Much like other digital alt currencies Stish is built on an immutable blockchain. It is actually built using the ERC-223 Protocol And Built on The Ethereum BlockChain which is a distributed blockchain. We know that there are a few things that affect the value of any crypto-currency. One thing for sure is that the value is subjective. I personally would not buy a digital bitcoin that has zero tangible value or emotional value for anywhere near the price it is at now. However, there are others that find value in it. Each person will find value in a crypto currency differently.
Some things that affect value like supply and demand for instance we can control somewhat. We capped the amount of Stish Crypto Tokens that were created to 100,000,000. After The First Year Of Distribution The Supply Will Continue To Become Less And Less Over Time While Demand Is Increasing.
There is a store of value component to every cryptocurrency at some level. Steemish traded under the symbol Stish, is no different. We have a long term vision and would love to see everyone prosper if possible but the future can have no guarantees and we can’t promise anything other than we will do what we say we are going to do. We have already started and have a lot of skin in the game. We started development ahead of our token event so that people could see what we were working on not just conceptualize the whole project and ask for millions. StishIt.net and Stish have a real value proposition that once looked into we feel you will agree warrants your participation.
There will only be 10 million Stish Crypto Tokens Available During The Stish Token Event.
With the ridiculous early bird/angel participant discounts everyone should want to fuel growth and development. The Smart Contract For Stish2.0 Offers 10 million Stish Crypto Tokens at a rate of 1000 Stish per 1 Eth. People who see the big picture and want to take Stishit to the next level can purchase Stish crypto several ways. With The Stish Token Event Being The Most Popular Approach. Some people will wish to buy with meta mask directly from the website while other will simply send their ETh to the contract address. Still others might want to purchase Stish via fiat currency via credit or debit cards.
Stish Is Built Around A Social Network. This Alone Adds Value Especially When The Network Helps Users Earn Rewards. We have set-up a fair system for the initial raise and the distribution of rewards tokens through the stishit platform for rapid distribution over the next several years.
The Formula Is Similar To The Quantity Theory of Money which has the formula MV=PQ. In Crypto Currency it is Safe to exchange the M for the Total Circulation of the Crypto Currency. So we could replace M with C for crypto and the formula would be CV=PQ. Stishit is the first to define these terms in this way and we hope that it is beneficial not only for our users but also for other currencies in the future.
How Will Stish Make An Impact?
Quality writers and content creators will have an excellent way to monetize their contributions to their own micro economy in the Stishit community. The impact on people world wide is huge. Many people that have access in undeveloped parts of the world can earn more from writing articles than carrying guns for their military. Stish in this respect helps resolve world conflicts, starvation and education concerns of many underdeveloped nations.
But what about developed nations? That is the great thing about Stishit. It is equitable with it’s rewards system. The system is very fair and focused around the quality of the contributions to society not just the spammy scammy stuff you might have seen on other platforms. Other platforms are not built the the technology that Stishit has.
Stishit isn’t going to be the police on quality content or remove any content because someone disagrees. However, due to the intelligent hybrid build Stishit can remove spam postings, plagiarized posts, duplicate posts, posts that are illegal or contain illegal content.
Stishit allows the community to police itself but can intervene if necessary to remove content what needs to be removed and penalize those creating it by loss of rewards. Additionally Stishit could ban accounts or simply refuse to exchange Stish Credits for Stish Crypto if they were stolen from the rewards pool.
Additionally Please Check Out Our Budget And Finance Paper and Meet The People Who Have Helped Make Stishit possible. Stishit has been almost all self funded to this point which helps minimize risks. We have successfully beta tested for about 12 months and debugged the entire system. Stishit and Stish.io are set for full scalability and can be managed by a small team of developers in the future. We do have an api and plan to make that available. Some of the code we use is open source code but much of it is proprietary for security reasons.
We are working on developing some Dapps to help automate and interact even more with our platform. Who knows maybe one day we will have raised enough funding to directly distribute Stish2.0 after a hard fork with a new and improved rewards model. One thing we love about Stish Credits is that we can make adjustments as needed and take the data we are learning from this and apply it to a final smart contract one day. Your support of this project is appreciated as we attempt to build an economy much like a small town’s economy but with Stish at the heart of a wonderful community!
Micro Crypto Economies Will Be The Way Of The Future As People Become More Educated And Online Economies Emerge and Form The Back Bone Of Civilized Nations. Stishit is a pioneer and ahead of our times.
During our Beta Testing Phase we have learned alot and have decided to focus on our core business model which is rewards distribution when People Exert Effort. Our “Pee Theory” states that, If a person exerts effort to receive the rewards whether it be points, credits, discounts or cash they tend to value the rewards more highly than when they are simply given rewards for no or little effort. We developed an internal off chain points system that allows users to be rewarded for doing different tasks on the platform. The rewards are a fixed amount for all users and not based on staking. This equitable rewards system could be thought of as a minimum reward for efforts. People who perhaps have greater skill in content creation or social skills could potentially earn greater rewards through community interactions such as viewing, commenting, likes etc.
We are looking to raise $45,000 USD to buy our way onto one major exchange.
We are looking to raise another $100,000 USD to buy CPS and our way into coinpayments for added utility and api integrations.
We would also like to pay some of the people who have volunteered and worked countless hours for free to get the project moving in the right direction. We would like to open source for the UI/UX and Blockchain development for the final version of the platform. A full development team will be needed.
We will need to hire a marketing team and have been getting estimates for the costs for a multi year marketing strategy.
We will need to hire legal counsel and incorporate in a different jurisdiction and handle some legal paperwork.
We will need to hire an accounting firm that is familiar with crypto currencies to help with tax issues.
Market Liquidity strategies will be needed to help trading in the early days.
15% Of All Eth Raised Will Be Distributed To Referrers and Founders.
The remainder will be used for development, marketing and business operations.
The Total Stish Allocated For Early Adopters Founders And Pre-ICO sales of Stish1.0: 10,000,000
The Total Stish Allocated For Future Marketing, Dev Costs, Legal Fees, Misc Expenses and Retainage: 20,000,000
The Total Stish Allocated For Rewards Pool Distribution: 60,000,000
10,000,000 Stish will be awarded to the founder for development investment and intellectual property concepts and ideas and risk.
There should be trading opportunities of Stish as people from around the world value their time and efforts differently. Traders should be able to find varying levels of buy and sell orders that will meet their risk tolerances. We feel that the greater the distribution is to as many people globally as possible the more opportunity everyone will have from a trading perspective. If you are interested in becoming involved with trading and helping grow that portion of the community we would love to speak with you. Please message us so we can gain some more insight into the trading areas of the currency.