Storiqa Token (STQ) is developed as an ERC-20 compliant Ethereum based token to be used for selling and buying the goods using cryptocurrency. Storiqa Token solves the issue of extra fees incurred to sellers at centralized platforms. It also removes the financial borders and fake reviews problem. Storiqa platform offers an easy to use online store builder for sellers targeted towards large and small-scale manufacturers, self-employed entrepreneurs and family businesses. The biggest advantage toShow more [+] sellers is cutting down the advertising cost due to built-in marketing and advertising tools. Storiqa platform offers several benefits such as low fees, low transaction costs, international market access, detailed sales analysis, centralized review system and Storiqa Native token for the instant payment of goods and services on the platform. The smart contract employed in the Storiqa platform release the money to sellers only once the package is received by the buyer.
Storiqa Tokens (STQ) are used for goods placement fee, promotion fee, referral programs, rewards, internal transactions and purchased made in Storiqa stores.
Storiqa was founded by Ruslan Tuguhev, the present CEO. He is also the co-founder of the largest crowdfunding platform in Russia known as Boomstarter. Sotirqa was cofounded by Evgeny Gavrillin, who is co-founder at Tugush and Boomstarter. The team consists of 28 other members and 9 advisors including Peter Xu, a member of Alibaba family.