Statter Network Price

Statter Network strives to provide a robust infrastructure capable of supporting a multitude of metaverse applications while addressing the technical hurdles commonly associated with blockchain integration. At its core, Statter offers a modular design that enables developers to create bespoke blockchains with minimal technical expertise, akin to assembling LEGO blocks through a drag-and-drop interface. This innovative approach effectively lowers the barriers to entry for creators aiming to develop decentralized applications (DApps) tailored for virtual worlds, asset management, and cross-chain interoperability.

The native token, STT, plays a crucial role within the ecosystem, empowering users with functionalities such as transaction fee payments, staking, governance involvement, and access to various metaverse services. Unique to the Statter Network is its employment of a Segmented Proof of Work (SPoW) consensus mechanism, which enhances decentralization and fairness by distributing computational tasks across multiple mining pools. The tokenomics behind STT include a fixed supply of 1.861 billion tokens, with a yearly reduction in block rewards inspired by Bitcoin's halving model.