THE CRYPTO VALUE STANDARD - an innovative blockbuster project launched by STIMA
Categories: Crypto News US
A brand-new name in the blockchain world, STIMA, is an innovative company located in the Republic of San Marino. STIMA is the first cryptocurrency based on a value standard, a cross-property sharing concept that will revolutionize how we own, transact and monetize real-world assets of value. Anything, from artwork and jewelry to rare wines and spirits, luxury watches and collectible vehicles, can be staked and converted into STIMA tokens.
“We are all about inclusivity, assets that were exclusive to the elites for millennia will now be accessible to ordinary folks for less than a price of a coffee. The minimum capitalization value of STIMA is equal to the total value of the assets minted in the blockchain. All assets estimations are handled by leading industry experts and, more importantly, paid for entirely by us. Property owners do not have to bear any costs of insurance and storage, thanks to an international certified vault network.”, says STIMA’s Founder and CEO Maxim Tchmil.
More specifically STIMA is a utility token, that through a cryptographic system correlates its native crypto currency to the value of physical assets. Ultimately this token allows for an economic exchange that goes beyond conventional rules surrounding transactional elements related to a given asset. In particular, a person holding an asset with a proven intrinsic value determined by objective valuation metrics can unburden the asset sale process by receiving STIMA. In turn, STIMA as an ecosystem will allow its wider investor base to tap into a pool of historically appreciating assets, with fractional ownership guaranteeing diversification to all token holders.
“STIMA uses the blockchain technology of Ethereum – a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts. STIMA is based in San Marino, the oldest constitutional republic in the world and is the state’s first ever crypto currency. STIMA has recently received approval from San Marino Innovation institute as a highly innovative company and has been classified as a blockchain entity. Furthermore, it will be under the jurisdiction of and fully regulated as a utility token by the Republic of San Marino authority.
STIMA is composed of an experienced team of multitalented individuals that have diverse backgrounds ranging from investment banking and traditional industry to fine art and digital marketing. The recently appointed CFO, Mr. Alessandro Gherzi has worked for top tier financial institutions including, Lehman Brothers, Credit Suisse, UBS, JP Morgan. He succinctly describes the underlying principles of the crypto token.
STIMA’s core objective is to allow everyone to achieve financial sovereignty by giving access to assets that withstand the test of time and that due to their scarcity, will ensure financial wellbeing in an ever increasing inflationary environment in which fiat currencies lose their worth. The concept of cross-property sharing and asset fractionalization will ultimately revolutionize and democratize the ownership of assets.