Stobox Token (STBU)
Last updated
Last updated
Stobox has introduced the STBU utility token to unlock the potential of the blockchain economy and the decentralized application. STBU tokens grant users a variety of benefits and additional functionalities when using multiple Stobox products and services. The following list outlines some of the key utilities of STBU tokens and provides an overview of how they can be employed within the Stobox products.
Total Supply of STBU:
STBU V2: 150 million
STBU STV3: 250 million
Circulating Supply (as of 20.09.2024): 100 million
Circulating Supply (as of 24.09.2024): 127.5 million
Recently Minted (Ethereum): 50 million STBU
Recently Burned (BNB): 0.2 million STBU
Allocated for Marketing & Community Engagement Programs: 10 million STBU
Allocated for Early Investor Exit Plan: 6.25 million STBU
Stobox Staking Program: 5 million STBU
Reserves: 32.75 million STBU
Last Update: 26 September 2024
Stobox plans to transfer 5-7 million STBU quarterly from its reserves into the circulating supply through referral programs and user engagement activities.
All Stobox Tokens (STBU) collected by Stobox for provided services are allocated as follows:
This portion is permanently removed from circulation through a token burn process, reducing the total supply and potentially increasing the token's value.
These tokens are used to fund various marketing and promotional efforts to enhance brand visibility and user engagement.
Tokens are set aside in a reserve wallet for future use and strategic initiatives.
Collected tokens are stored in a separate wallet and are distributed periodically based on these allocation rules.
Stobox may choose to buy back tokens from the market if needed for specific purposes such as enhancing marketing efforts or supporting staking activities. This buy-back process allows Stobox to acquire tokens directly from the market to either use them in promotional campaigns or to bolster the liquidity and effectiveness of staking programs.
This legal disclaimer applies to the Stobox Token (STBU) and its inclusion in Stobox Documentation ("Documentation"). It defines the relationship between potential users, participants, or investors ("Users") and Stobox, including its affiliates, team members, and related parties ("Stobox" or "Company"). By accessing, reading, or using the Documentation, Users acknowledge and agree to the terms set forth in this disclaimer. If Users disagree with these terms, they should immediately discontinue accessing or using the Documentation.
The information contained in the Documentation is for informational purposes only and does not constitute an offer, solicitation, or recommendation to sell, buy, or invest in any tokens, securities, or other financial instruments. The Documentation does not represent a prospectus or a financial service offering document and should not be relied upon for any contract, commitment, or investment decision.
STBU IS NOT A SECURITY OR A FINANCIAL INSTRUMENT as defined by the U.S. Securities Act of 1933 or the EU Directive 2014/65. STBU does not entitle holders to any form of profit-sharing, capital appreciation, voting rights, participation in the company’s share capital, or any rights traditionally associated with securities or financial instruments. STBU and Soulbound ID are utility tokens designed solely for accessing Stobox products and services. While these tokens may be traded freely on secondary markets, they are not intended as speculative investment instruments.
The Documentation does not provide investment, legal, or financial advice. Users should conduct their own research, consult with professional advisors, and make independent decisions regarding their participation in Stobox or Stobox products. Stobox disclaims all responsibility for Users’ investment decisions.
Participation in Stobox or its related products, including holding or trading STBU tokens, involves various risks. These include, but are not limited to:
Regulatory Risk: Changes in laws or regulations regarding cryptocurrencies, tokens, or blockchain technology could negatively impact the value, functionality, or legal status of STBU or other aspects of Stobox products.
Market Risk: The value of tokens, including STBU, is highly volatile and subject to market fluctuations. Users may experience significant losses due to the unpredictable nature of the cryptocurrency market.
Technology Risk: Stobox products rely on blockchain technology, which may encounter technical issues, security vulnerabilities, or failures. These issues could lead to the loss of tokens or other assets.
Project Development Risk: There is a risk that Stobox products or their components may not be completed, launched, or maintained as planned. Delays or unforeseen circumstances (including force majeure) could affect the development or operation of Stobox products, resulting in losses for Users.
Liquidity Risk: STBU tokens may have limited liquidity. Users might find it difficult to sell or exchange their tokens at a desired price or within a preferred timeframe.
Third-Party Risk: Stobox products may rely on third-party platforms or technologies, which could experience disruptions, failures, or security breaches. These external issues could result in the loss of tokens or reduced functionality.
Stobox, its affiliates, team members, and related parties shall not be liable to Users for any direct, indirect, incidental, special, consequential, punitive, or exemplary damages, including but not limited to, loss of profits, goodwill, or data arising from or connected to the Documentation, Stobox products, or any related participation or investment decision.
STOBOX DISCLAIMS ALL LIABILITY for the content of the Documentation, any interpretations thereof, or actions taken based on the information provided. The Company does not warrant or guarantee the success of any actions taken in reliance on the Documentation.
Stobox products and the Documentation are provided on an "as is" basis, without any warranties of any kind. Stobox makes no representations or guarantees regarding merchantability, fitness for a particular purpose, title, or non-infringement of the tokens or the services described.
If any provision of this legal disclaimer is deemed invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be adjusted to the extent necessary to make it enforceable, and the validity and enforceability of the remaining provisions will remain unaffected.
Failure by Stobox or any of its affiliates to enforce any provision of this disclaimer or exercise any right herein shall not constitute a waiver of that provision or right. Future enforcement or exercise of rights remains fully preserved.
Stobox reserves the right to amend or modify this legal disclaimer at any time without prior notice. Users are responsible for reviewing the legal disclaimer regularly. Continued access or use of the Documentation constitutes acceptance of any changes made.
Users are solely responsible for assessing the risks and uncertainties associated with their participation in Stobox or Stobox products. Stobox disclaims any responsibility for losses incurred by Users due to risks outlined in this disclaimer or other unforeseen circumstances.
The STBU utility token has been legally verified and structured by Stobox Plus, a company registered in the British Virgin Islands (BVI). This fact ensures the token complies with relevant regulations and maintains a solid legal foundation, providing users with a reliable and trustworthy digital asset within the Stobox products.
Ethereum
BNB Chain
Polygon
Arbitrium | New
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