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STRATO (BlockApps) (STRATO) verified icon

Past
Total Raise: $50M
Date: TBA - 09 Jun

STRATO is a HardFi blockchain that tokenizes physical gold and silver 1:1, allowing users to use them immediately as collateral for borrowing, lending, and liquidity provisioning, all on a single chain. Its native stablecoin, $USDST, is backed by precious metals, and tokenized assets are fully vault-backed and redeemable for physical metal at any time.

$STRATO is the protocol's core utility token used for gas, validator staking, and governance, with revenue flowing from lending, swaps, and mints proportional to gold tokenized on the platform.

According to CoinLaunch research, the STRATO crypto project raised $50M from Galaxy, ConsenSys, Bloccelerate, and others, and will also conduct an ICO round via its platform.

❗️ ❗️ ❗ IMPORTANT:

Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

STRATO (BlockApps) Overview

Ticker: STRATO
Blockchain Network: STRATO
Country: United States
Founded: 2015
Whitelist: Yes
KYC: Yes
Bounty: Yes
MVP: Yes
Type: ICO, Equity
Security Audit:
Yes

STRATO (BlockApps) Review

Last updated: 10 Jun

STRATO is an EVM-compatible appchain built around "HardFi” with ~$0.01 per transaction gas fee, and 25 free transactions every time they bridge from Ethereum. 

It brings physical gold and silver fully on-chain, backed 1:1 by metal stored in a New York City vault with low transfer fees and low minting thresholds. Users can also tokenize other physical metals and immediately deploy them as live collateral for borrowing, lending, and liquidity provisioning natively on a single chain. 

The entire HardFi economy on STRATO (BlockApps blockchain) is powered by $USDST - a native STRATO stablecoin backed by gold and silver. It serves as the primary currency that users can borrow on the STRATO chain, using their previously held metals as collateral. And all tokenized metal is redeemable for physical bars at any time. 

On top of that, BlockApps stock STRATO features vaults, allowing users to earn APR on deposited on-chain stablecoins, physical metals, and major crypto tokens. Yield from the vault comes from an autonomous arbitrage bot trading across specific vault assets, continuously correcting prices and generating returns for depositors. 

Security on STRATO is backed by an ongoing partnership with Consensys Diligence, one of the most respected names in smart contract auditing and a strategic investor in BlockApps.

🪙 STRATO token: $STRATO acts as the utility token at the center of the protocol. Users can pay for gas with it, validators stake it to secure the network, and holders can vote on protocol parameters. The protocol captures revenue through borrowing/lending, swaps, and mints, all of which are proportional to the amount of gold tokenized on STRATO.


The CoinLaunch team analysed BlockApps STRATO and identified some pros and cons to consider before participating in the ICO round: 


✅ STRATO pros: 

  • The product matches the tokenization  and TradFi (gold, silver) market narrative;
  • Has a public security audit;
  • Quite low FDV ($100M) and IMC ($12.5M);
  • Above-average SEO performance;
  • Has reputable backers (Galaxy, ConsenSys);
  • Has reputable partners (Uniswap);
  • The core team has experience in top-tier companies (Ethereum).
     

📛 STRATO cons: 

  • Below-average Digital Marketing Performance.

STRATO (BlockApps) Token Economy

Total Raise: $50M
Total Supply: 100M
Private/Pre-sale: $50M (100%)
Public Sale: (0%)
FDV: $100M
Initial Market Cap: $12.5M (12.5% of FDV)
Initial Circulation Supply: 12.5M

STRATO (BlockApps) Token Sale (ICO & IDO) Rounds

Seed TBA
Past

Price: N/A
Tokens for sale: N/A
Raise: $9M
Lock-Up: N/A
Private 11 May, 23
Past

Price: N/A
Tokens for sale: N/A
Raise: $41M
Lock-Up: N/A
Funds:
fenbushi capital logo Consensys logo LCV logo +1
ICO 09 Jun
Past

Price: N/A
Tokens for sale: 2.5M
Raise: N/A
Lock-Up: 100% unlock at TGE
Launchpad: Uniswap CCA - Logo. Uniswap CCA

STRATO (BlockApps) Funds and Backers
(3/4)

Submit
Fund Score Type Retail ROI Numbers of investments
Medium0.25x14
High4.65x12
N/A0.34x6
View All

STRATO (BlockApps) Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Influencer Marketing
Growth Marketing
Last Update:  25 May Upgrade

STRATO (BlockApps) Team

Kieren James-Lubin
Kieren James-Lubin
Co-Founder & CEO
Jim Hormuzdiar
Jim Hormuzdiar
Co-Founder & CTO
Victor Wong
Victor Wong
Co-Founder & CPO
Bob Summerwill
Bob Summerwill
Head of Ecosystem
Jeffry Powell
Jeffry Powell
VP, Head of Business Development

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