Statter Network Debuts on Gate Startup, Poised for Success in Digital Asset Market

Statter Network (STT) will be listed on Gate Startup on March 30, 2024, with STT/USDT trading pair starting on April 1, 2024. As a Metaverse blockchain integrating modular blockchain, DePIN, and halving mechanisms, Statter has captured Wall Street attention and secured tens of millions of dollars in investment. Its modular technology and network service fees paid in STT foster innovation and ecosystem growth. The fair SPoW mechanism and annual reduction policy ensure token value appreciation, while EVM compatibility and satellite chain gas fees further enhance STT's circulation and value. Statter's strategic partnerships with top exchanges highlight its development potential and industry status.

Statter Network's Market Entrance: A Timely Debut on Gate Startup

BINGHAMTON, NY - Gate.io, a Leading Digital Asset Exchange, Prepares to List Statter Network (STT) on Its Gate Startup Platform

March 27, 2024 - Gate.io, a reputable digital asset exchange, has announced the imminent listing of Statter Network (STT) on its Gate Startup platform. The listing will commence on March 30, 2024, at 4:00 am UTC, with the STT/USDT trading pair set to go live on April 1, 2024, at 8:00 am UTC. This significant development follows the recent listing of STT on HTX Exchange, underscoring the growing recognition of Statter Network by leading global digital asset exchanges.

Statter Network: A Dynamic Metaverse Blockchain with Modular Architecture

Statter Network, an innovative Metaverse blockchain, seamlessly integrates modular blockchain, DePIN (Decentralized Proof-of-Importance and Network), and halving mechanisms. This unique combination has attracted considerable attention from Wall Street capital during the bear market, resulting in tens of millions of dollars in investment. As the market anticipates a bull run, STT has garnered further support from top trading platforms, highlighting its immense growth potential and burgeoning industry status.

Decoding the Core Technologies of Statter Network

Tokenomics and DePIN: A Symbiotic Relationship

Cryptocurrency research firm Messari projects the DePIN sector to reach a market capitalization of $3.5 trillion by 2028, indicative of its vast potential for growth. Statter Network, as an open ecosystem, encompasses a wide array of functionalities, ingeniously integrating cutting-edge technologies into its plugin application marketplace. These technologies include 3D engines, Geographic Information Systems (GIS), edge computing, decentralized storage, digital twins, computer vision, and more. This comprehensive approach underscores the foresight of Statter Network in targeting the promising DePIN market.

STT, the native token of Statter Network, serves as an incentive mechanism that rewards network contributors. Individuals who contribute to the network's construction and resource provision receive token rewards. This economic model fosters a virtuous cycle that drives business development and incentivizes participation.

Leveraging its global reach, Statter Network can swiftly meet product or service demands across various sectors through specialized algorithms and optimized production relationships. This strategy is poised to create a flywheel effect, perpetuating a positive circulation system.

Modular Network Service Fees: Empowering Developers

Modularity lies at the heart of the Statter Network. This modular blockchain network deconstructs blockchain tasks or functions into distinct levels or modules, thereby enhancing performance, scalability, and customizability. The industry has taken note of the potential of modular blockchain projects, as evidenced by Binance Labs' strategic investment in AltLayer. Recognizing the potential of Statter Network's modular technology, Gate.io has announced its listing.

Within Statter's modular ecosystem, STT serves a pivotal role as a carrier of core value. Developers can access innovative modular technologies, such as drag-and-drop public chain technology and DApp component libraries, by paying network service fees with STT. This mechanism not only safeguards network stability but also catalyzes the development of groundbreaking applications within the Statter ecosystem.

Fair SPoW Mechanism and Reduction: A Model of Sustainability

With Bitcoin's next halving event less than 30 days away, according to BTC.com, the cryptocurrency market is poised for another price surge. STT, which follows a halving schedule similar to Bitcoin, is also anticipated to experience a significant price increase.

STT tokens are exclusively generated through mining, leveraging the environmentally friendly and efficient SPoW (Segmented Proof of Work) consensus mechanism. Notably, the mining output automatically reduces by 25% every 12 months. Miners can stake a certain amount of STT to participate in mining activities and are rewarded with STT, ensuring the security and stability of the network. The network's total hashrate has currently reached 44,322 MH/s, with over 30,000 STT holding addresses, reflecting the growing global enthusiasm for STT mining. Given the annual reduction policy for STT tokens, the fervor is projected to intensify in the future.

EVM Compatibility and Value Circulation: Tapping into an Established Ecosystem

Statter Network is set to launch smart contracts while ensuring compatibility with the Ethereum Virtual Machine (EVM). This interoperability enables Ethereum developers to seamlessly migrate their existing smart contracts to the Statter chain without the need for extensive code rewriting.

By embracing EVM compatibility, Statter Network will be able to capture value overflow from the Ethereum ecosystem. This strategic move will drive the prosperity of the Statter ecosystem, propelling it into a new era of rapid user and ecosystem expansion. Furthermore, as the universal token of the ecosystem, STT is used to pay transaction fees (Gas), broadening the usage scenarios of STT tokens and enhancing their circulation and application value.

Satellite Chain Gas Fees and Value Enhancement Strategy: A Catalyst for Growth

Statter Network employs a distinctive multi-chain parallel architecture, in which independently operating satellite chains, or new public chains created on the Statter platform, function autonomously. This approach enhances performance while ensuring the stable operation of all chains. Even if one chain experiences disruptions or reaches full capacity, it does not hinder the smooth functioning of other satellite chains.

Envision thousands of satellite chains operating on the Statter platform, catering to a vast user base. Each interaction on these chains requires STT as gas fees, effectively burning a significant amount of STT. It is well-known that reducing token circulation through burning is a potent strategy for increasing token value.

Conclusion: A Promising Future for Statter Network

Statter Network exhibits remarkable potential for development and market appeal through its strategic initiatives, including DePIN integration, modularity, and Ethereum Virtual Machine compatibility. The support of top-tier trading platforms strengthens its industry position and presents compelling value propositions for investors. As the market shifts towards a bull cycle, Statter Network's technological innovations and tokenomics undoubtedly offer promising growth prospects for investors and blockchain enthusiasts alike.

Media Contact:

• Name: Andrew Hamilton
• Email: Contact@statter.io
• Website: https://statter.io
• Company Name: Statter Network