The pillars of the STONE COIN
The STONE OIN is a sustainable, serious and future-oriented payment token that is entering the market with an effective REAL SHIELD.
PAYMENT TOKEN & POINTS OF ACCEPTANCE
The STONE COIN is a blockchain-based payment token (= Currency Token).
As a classic ERC20-Token the STONE COIN provides the option to be used for crypto payments in correspondent transactions. The token does not grant any further rights to its owner.
Currently points of acceptance are being qualified and selected that will accept the STONE COIN as means of payment.
In August 2018, the responsible supervisory authority FMA
(regulator) classified the STONE COIN as a pure payment token
which doesn’t require any formal approval. Therefore the
STONE COIN is neither considered as a security token nor as
an asset (backed) token.
With the Liechtenstein Law on Token and Trust Technology
Service Providers (TVTG), which was issued on 2 December
2019 and whose transition period expired on 31 December
2020, the frame conditions for cryptocurrencies have changed
The STONE COIN may only be issued under considerable
restrictions. Since we cannot meet these requirements (too
expensive) the emission was stopped.
Nevertheless THE STONE COIN continues to exist in the market
and is tradable.
FIXED NUMBER OF TOKENS
The number of STONE COIN to be issued is fixed at one billion tokens.
There will be no further mining beyond the original one billion tokens.
All tokens will be introduced into the market.
This ensures that the value of the REAL SHIELD will not be diluted by a later increase of the total amount of tokens.
OPTION PHYSICAL OFFLINE WALLET
When directly ordered from THE STONE COIN AG, STONE COIN can be transferred to an online wallet defined by the buyer as well as obtained in a physical wallet – the STONE COIN WALLET.
The STONE COIN WALLET is an uncomplicated offline wallet with the option to store the STONE COIN offline.
Only the owner of the STONE COIN WALLET decides at what point of time he transfers the STONE COIN into another wallet.