What is Stackr about?
Stackr is a global long-term savings solution, through which a personalized trust structure allows investors to hold a diversified portfolio of both capital and digital assets. The intersection of traditional finance and modern-day financial technology has enabled Stackr to pioneer this innovative, secure and flexible savings solution.
Saving has long been the cornerstone of wealth generation. As technology evolves, it is apparent that savings solutions need to move forward in a similar manner. Stackr promises exactly this by removing traditional frictions that adversely impact savings solutions, while pioneering machine learning driven investment options within a secure trust structure. Stackr is the first of its kind and at the forefront of intelligent investing.
The core investment choices are the culmination of decades of traditional investment experience combined with cutting-edge machine learning (ML) techniques, curated with an emphasis on delivering long-term sustainable results. Digital asset exposure affords investors an opportunity to track an index of top crypto assets with a protected option against drawdown. Capital asset choices allow investors exposure to global markets, with an ML driven risk management approach facilitating intelligent long-term exposure. Holding options in crypto and fiat furthermore afford investors ultimate flexibility.
What are the value drivers behind Stackr token price?
The main value drivers behind STKR token price are the token buy-and-burn program, up to 50% fee discount for token stakers and referral reward program:
- Token Buy-and-Burn: 25% of the net profit after tax of all Stackr operations, or 10% of the Stackr Trust Account revenue (whichever is the highest) will be used to buy and burn STKR off the open market in perpetuity.
- Staking for Discounts: Account holders can reduce the Stackr Trust Account fee by up to 50% by staking STKR tokens.
- A Reward for Referral Activity: 10% of all STKR tokens has been reserved to reward holders of Stackr Trust Accounts who refer new users to Stackr.
The STKR token has several functions within the Stackr Solution. These functions define the utility of STKR and underpin the demand that will drive the value of STKR. STKR is crucial for the ultimate success of the Stackr Solution as it is intended to stimulate mass user adoption.
Stackr ICO Roadmap
Milestone 1H2 2017
Brendan Gallagher and Cobus Kruger leave Sanlam to start partnership.
Milestone 2October 2017
Initial Research and Development Stackr conception, initially does not include cryptoassets Cobus attended the artificial intelligence and machine learning course at MIT
Milestone 3December 2017
Realisation that crypto and the blockchain needed to be included in the Stackr solution but team had no experience
Milestone 4March 2018
Cobus joins Invictus Capital on contract to develop knowledge and bring traditional experience to the team
Milestone 5May 2018
Stackr Inception Stackr is born and the regulatory and company structures commence across the multiple jurisdictions
Milestone 6July 2018
Stackr project kicks off with the core team from Sanlam Global Investment Solutions agreeing to join in October 2018
Milestone 7August 2018
Development of IT infrastructure. Engage Nona, a leading Blockchain focused Software Development Studio, to build website, interfaces and APIs for Stackr
Milestone 8September 2018
Release of the Stackr Whitepaper
Milestone 9November 2018
Milestone 10January 2019
Milestone 11March 2019
Milestone 12Q2/Q3 2019
Aggressive user adoption
Milestone 13H2 2019
Solution blockchain consideration - some product features on the blockchain
Milestone 14Q4 2019
Average 10 000 clients or US$ 100 M total client assets
Milestone 15H1 2020
Native applications & Machine Learning R&D
Milestone 16H2 2020
Solution blockchain considerations - underlying investment choices
Milestone 17Q4 2020
Average 30 000 clients or US$ 250 M