Total / On Market
Total:
10,000,000,000
On Market:
2,446,651,008
On Market / Bought
On Market:
2,446,651,008
Bought:
2,446,651,008
Bought / Staked
Bought:
2,446,651,008
Staked:
3,828,732,978.529
Token Issuer Account
GBHFGY3ZNEJWLNO4LBUKLYOCEK4V7ENEBJGPRHHX7JU47GWHBREH37UR
Issuer account lock status: locked
Token Collateral Account (distributor)
GASPXWUCZMYCQHI4EMJTZHH35MCCEECEKBFF4Q6MIOEFYCJQNNQQQVVD

Sl8 (Slate) is a social crypto platform that combines a social network with built-in cryptocurrency wallets . It offers crypto-based likes, payments, staking, life tokens, and other crypto-based instruments.

Something that Facebook wasn't able to accomplish with Libra/Diem. Something that we have almost done .

We are five people team startup incorporated in Delaware (Cassator Corp, certificate of incorporation: 7742543). The product is currently at the established MVP stage , already available as a mobile application . A web-based version will also be available later.

There are several currencies available inside the application at the moment:

  • SSLX - Sl8's native token that we supply to the market during our Crawling Coin Offering.
  • SLX - a stablecoin 100% backed by USDC, later will be 100% backed by USD
  • BSLX - bonus currency you receive after Sl8 registration for free
  • USDC, XLM - other popular and tied cryptocurrencies

Later, users will be able to add any asset issued at Stellar.

For example, you have 4M of FUCKELON tokens to use :-) You'd be able to like someone's post with FUCKELON token if Musk keeps talking shit about Bitcoin again :-)

Sl8 (Slate) Crawling Coin Offering (CCO) core parameters

  1. The total emission is 10B SSLX tokens, issuing account is blocked . No more tokens are possible to emit.

  2. The token supply to the market is 1% per month , going hourly in small equal batches starting 2021-05-23 18:39:40 UTC. It will take approximately 100 months to supply all tokens to the market. That is why we call this Coin Offering - a Crawling one.

  3. Tokens are not locked. You can buy and sell them at any time.

  4. SSLX token is backed by Cassator Corp. (Delaware) capitalization. That means that we are buying back SSLX tokens at a $0.00196 price ($0.002 minus 2% commission). In case you buy SSLX tokens at $0.002, you get a unique mix of "stablecoin" + "to-the-moon" combo . When we raise round A funding, let's say, with a $100M valuation, we will keep buying back tokens for $0.01.

CCO benefits

We, as a team, do not receive XX $ millions right away, to spend them fast, buying luxuries for each founder, and raising salaries to the moon. We receive funding slowly, with the token price and sales amount, all investors feel comfortable and fair to buy with at every certain period of time. If we do our job poorly, investors won't buy more tokens or even sell them because they are not locked. If we are developing Sl8 fast and investors like it, they will buy more SSLX tokens, even if the price goes higher.

  • founders and team members don't have meaningful amount of SSLX tokens, so we can't dump the price at some moment
  • again, tokens are not locked, so you can buy and sell them any time