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Staika

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Discover Staika's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Staika?

Staika (STIK) is a cryptocurrency launched in 2022, operating on the Solana platform. It aims to create a trusted blockchain ecosystem by providing various services such as a multi-listing cryptocurrency wallet, Move-To-Earn (M2E) and Play-To-Earn (P2E) services, and a trusted NFT marketplace. The token is highly volatile and can be bought and sold on various cryptocurrency exchanges.

How is Staika used?

Staika (STIK) is a cryptocurrency that operates within a comprehensive ecosystem offering various services and applications. Here are the primary ways STIK is used:

  1. M2E (Move-To-Earn) Services: Users can participate in health and fun challenges through gazaGO, earning rewards in the form of Taika (TIK) tokens. These TIK tokens can be swapped for STIK tokens, which can be used for other services within the ecosystem.

  2. P2E (Play-To-Earn) Games: Staika offers a defense game series called depenGO, where users can play and earn rewards. The game is designed to promote environmental protection and rewards players with STIK tokens.

  3. Staika Wallet: The decentralized cryptocurrency wallet allows users to manage their digital assets, including STIK tokens, easily and securely. It is designed for user-friendly transactions and offers features like one-touch social login and convenient transfer management.

  1. NFT Marketplace: The Staika NFT Marketplace enables users to buy, sell, and trade NFTs. This marketplace is designed with an easy-to-use interface, making it accessible to a broader audience.

  2. Investment and Trading: STIK tokens can be traded on various exchanges, allowing users to buy and sell them. The token's value can fluctuate based on market conditions, making it a potential investment opportunity.

Overall, the Staika ecosystem is designed to provide a seamless and enjoyable experience for users, with STIK tokens serving as the central currency for various services and applications.

How do I store Staika?

To store Staika (STIK) tokens securely, it is recommended to use a cold wallet. There are two types of cold wallets:

  1. Paper Wallet: This involves generating public and private keys offline and printing them on paper. The keys are in the form of QR codes, which can be scanned for future transactions. This method is secure as it is not connected to the internet.

  2. Hardware Cold Wallet: This is a physical device, such as a USB drive, where you can store your cryptocurrency. Only the person with the device can access the assets. This method is preferred by many users, especially for storing large amounts of coins or tokens.

How to buy Staika?

To buy Staika (STIK) tokens, you can follow these steps:

  1. Choose a Reliable Exchange: Select a trustworthy and reliable centralized exchange that supports Staika (STIK) purchases, such as Binance or KuCoin. Ensure the exchange is user-friendly, has a reasonable fee structure, and supports your preferred payment method.

  2. Create an Account: Sign up for an account on the chosen exchange by providing the required information and setting a secure password. Enable two-factor authentication (2FA) for added security.

  3. Verify Your Identity: Complete the Know-Your-Customer (KYC) verification process, which may require providing personal information and identification documents. This step is crucial for accessing more features and services on the platform.

  1. Add a Payment Method: Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment method. The required information may vary depending on your bank's security requirements.

  2. Buy Staika (STIK): Once your account is set up and verified, you can buy Staika (STIK) using fiat currency if supported. Alternatively, you can first purchase a popular cryptocurrency like USDT and then exchange it for Staika (STIK).

  3. Store Your Tokens Safely: After purchasing, consider transferring your Staika (STIK) tokens to a cold wallet, such as a paper wallet or hardware wallet, for long-term storage and security.

Additionally, you can also use decentralized exchanges (DEX) or the Staika Wallet to swap for STIK tokens.

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History of Staika

The history of Staika (STIK) is marked by significant price fluctuations and market trends. The token has experienced both highs and lows, providing valuable insights for investors and market analysts.

One notable aspect of Staika's history is its market capitalization. The market cap has varied over time, reflecting the token's overall value in the market. For instance, on June 9, 2024, the market capitalization was $56,243,774, while on June 6, 2024, it was $53,869,774. These changes indicate the dynamic nature of the token's market value.

Staika's price history also reveals interesting patterns. The token's price has oscillated between different levels, with both short-term and long-term trends emerging. For example, on June 7, 2024, the price opened at $1.87, reached a high of $2.00, and closed at $1.92. These price movements demonstrate the token's volatility and the need for investors to stay informed about market developments.

In addition to its price and market capitalization, Staika's history is also characterized by its initial token sale. The token was part of an Initial Exchange Offering (IEO) that took place on March 14-15, 2023, raising $50,000 at a price of $0.250 per token. This event marked the beginning of Staika's journey in the cryptocurrency market.

Overall, the history of Staika (STIK) is a complex and multifaceted narrative that involves price movements, market capitalization, and significant events like its initial token sale. Understanding these aspects is crucial for investors seeking to make informed decisions about the token.

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How Staika works

Staika (STIK) is a utility token built on the Solana blockchain, designed to provide a comprehensive ecosystem for users. Here's an overview of how it works:

Key Components
  1. Multi-Listing Cryptocurrency Wallet: Staika offers a user-friendly wallet that supports multiple cryptocurrencies, making it easy to manage digital assets.

  2. Move-To-Earn (M2E) and Play-To-Earn (P2E) Services: The project includes services like gazaGO (M2E) and DefenGO (P2E), which incentivize users to engage in physical activities and environmental protection through gamification. These services reward users with tokens for participating in challenges and activities.

  3. Trusted NFT Marketplace: Staika has an NFT marketplace where users can buy, sell, and trade unique digital assets. This marketplace is designed to be easy to use and provides a secure environment for transactions.

Token Distribution and Supply

The total token supply is 250,000,000 STIK, with a distribution breakdown as follows:

  • Ecosystem: 40%
  • Reserve: 20%
  • R&D: 15%
  • Private Sales: 12%
  • Marketing: 8%
  • Team & Advisor: 5%
Token Price and Exchange

The token price is set at 1 STIK = 0.008 USD. Users can buy and exchange STIK on various platforms, including SimpleSwap, KuCoin, and Binance, using fiat currencies or other cryptocurrencies.

User Experience

Staika focuses on providing a seamless user experience through its intuitive interface and easy-to-use services. The project aims to make blockchain technology accessible to a broader audience by simplifying the process of managing digital assets and participating in M2E and P2E activities.

Environmental Focus

Staika emphasizes environmental protection through its gamification services, encouraging users to engage in activities that promote sustainability and conservation. The project also supports ESG management by donating profits to NGOs and social enterprises.

Roadmap and Development

The project has a detailed roadmap outlining its development milestones, including the release of new services, expansion of its user base, and strategic partnerships. Staika continues to evolve and improve its ecosystem to provide a comprehensive experience for its users.

Overall, Staika (STIK) is a utility token that offers a unique blend of services, gamification, and environmental focus, making it an attractive option for those interested in blockchain technology and sustainable practices.

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Staika's strengths

The token Staika (STIK) has several strengths that contribute to its potential success:

  1. Decentralized Governance: STIK is a decentralized governance token, which means it plays a vital role in the Staika ecosystem, enabling users to participate in decision-making processes and ensuring the platform's decentralized nature.

  2. Multi-Functional Ecosystem: Staika offers a diverse range of services, including a multi-listing cryptocurrency wallet, Move-To-Earn (M2E) and Play-To-Earn (P2E) services, and a trusted NFT marketplace. This broadens its appeal and provides multiple use cases for users.

  3. Scalability and Affordability: The project is designed to be scalable and affordable, making it more accessible to a wider user base.

  1. ESG Management: Staika promotes environmental, social, and governance (ESG) management by donating profits to NGOs and social enterprises, which can attract socially conscious investors.

  2. Strong Tokenomics: The token distribution is well-structured, with a clear allocation of tokens to different segments such as the ecosystem, reserve, R&D, private sales, marketing, and the team and advisors. This ensures a balanced distribution and helps maintain the token's value.

  3. Technical Analysis: The use of technical analysis tools such as trend lines, volume, and moving averages helps investors make informed decisions about the token's future price movements.

  1. Partnerships and Collaborations: Staika has signed MOUs with various public institutions, local governments, and private organizations, which can lead to increased adoption and credibility.

These strengths collectively contribute to Staika's potential for growth and adoption in the cryptocurrency market.

Staika's risks

Staika (STIK) is a cryptocurrency that carries various financial risks. These risks include:

  1. Volatility Risk: The value of STIK can fluctuate significantly due to market conditions, making it a high-risk investment. This volatility can result in significant losses if the market moves against the investor.

  2. Systemic Risk: As a part of the broader financial system, STIK is exposed to systemic risks that can affect the entire economy. This includes the risk of a major financial institution or industry failing, which can have a ripple effect on the entire market.

  3. Credit Risk: If STIK is used for lending or borrowing, there is a risk that the borrower may default on their obligations, leading to financial losses for the lender.

  1. Liquidity Risk: STIK may not have a liquid market, making it difficult to quickly sell or exchange the cryptocurrency without significantly affecting its price.

  2. Operational Risk: Poor management or technical issues within the STIK ecosystem can lead to losses or disruptions in the cryptocurrency's functionality.

  3. Regulatory Risk: Changes in government regulations or laws governing cryptocurrencies can negatively impact the value and usability of STIK.

  1. Market Risk: STIK is exposed to market risks such as changes in interest rates, economic downturns, and shifts in investor sentiment, which can affect its value.

  2. Legal Risk: Legal issues or disputes related to STIK can impact its value and legitimacy.

Investors should carefully consider these risks before investing in Staika (STIK) or any other cryptocurrency.

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Staika's ecosystem

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Staika’s team

  • Staika Team Members:
    • Founder: The founder's information is not explicitly mentioned in the provided sources.
    • Blockchain Development Expert: The team includes experts in blockchain development.
    • Finance Expert: The team includes experts in finance.
    • Marketing Expert: The team includes experts in marketing.
    • User Experience Expert: The team includes experts in user experience.
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