Stoic AI App Users to Get Airdrop

Stoic AI App Users to Get Airdrop

Users of Stoic, the crypto trading app with AI, will get an airdrop of STOIC, the new utility token that will unlock access to exclusive trading strategies. Current users will get a retroactive airdrop based on fees paid in the app and new users will be able to ‘mine’ tokens at an increased early bird rate.

Stoic is an app that lets anyone connect their cryptocurrency exchange account to hedge fund-grade trading strategies based on AI and quant research. Stoic’s current long-only strategy launched in March 2020. Since then, the strategy returned 1,758%, beating Bitcoin and most other benchmarks.

As of December 2021, over 12,700 users connected Stoic to their Binance exchange accounts holding over $115 million worth of cryptocurrency assets.

The new STOIC token will be used to unlock unique features in Stoic, as well as secure allocations in sophisticated trading strategies with limited capacity.

“With the STOIC token, users will be able to experience the next generation of trading. The long-term vision is bold. In the future, instead of using exchanges, people will just connect to algorithmic trading strategies like Stoic. They will save time on research and trading while easily placing bets on different market inefficiencies, or getting smart exposure to various market segments. This token will unlock access to our next set of cutting-edge quant strategies. And it’s a great way to give back to our early users. With the STOIC token, they will have priority access. Or they could just keep them for later, earn yields in LPs, or simply sell to others,” said Nodari Kolmakhidze, CFO of Cindicator.

A total of 4 billion STOIC tokens will be minted. Half of this supply is to be ‘mined’ by paying Stoic users, both existing and new.

Each user’s STOIC token balance is immediately available in the Stoic app. The token will be unlocked for features within the Stoic app in the first half of 2022. It will become transferable by the end of 2022. There will be no token sale.

More information is available on the STOIC token website.

Important. STOIC is in the final phase of project development. You get STOIC as it is, there are no obligations whatsoever from any entity related to Cindicator or Stoic. We reserve the right to change anything in the plan, as well as completely stop the issuance of STOIC if there are any legal or product-related concerns.