STEED Reinvented by its Community

What is STEED?

Steed is a community-driven project with the main goal of involving as many people as possible to adapt and educate them in the use of new financial innovations in their daily lives. To achieve this, we will be holding frequent sites around the world for people to participate in the project.

STEED’s vision and goals

The Steed token will be the official digital currency for all horse communities and owners, and we want to make it as easy as possible for buyers and sellers around the world to meet, interact and trade. Our goal has always been to contribute to the rapid development of a global virtual economy based on cutting-edge technology. Most excitingly, NFT owners will be able to create and breed their own stallions.

Platform are proud to announce the debut of the Steed cryptocurrency, which has been achieved through an innovative blockchain concept. As a team, we have been working to empower and educate people from all walks of life through our innovative initiatives. Our goal is to help people embrace the emergence of digital financial markets and help them become digital, cryptocurrency-based payment solutions powered by the capabilities of blockchain technology.

Key features of the STEED platform

Steed has several functions that are well thought out by the development team so that holders, users and community members can enjoy the massive benefits that are set to unfold. 

The core features of the Steed platform include:

• NFT MARKETPLACE
  NFTs are the popular destination in the blockchain industry and they represent tokenized form of digital assets with unique identification codes and metadata that are specifically designed to prove authenticity. Steed features an NFT marketplace where NFTs of horses, stable and stable items can be discovered, collected and traded.
• STEED’s metaverse
  The metaverse is a group of NFT horse farms and breeding stables where our platform members and users can buy these assets in the metaverse and they can rear and breed their digital horses. The horse farms and breeding stables can also be rented out or put up for lease for interested individuals while the owner earns rent from this digital asset.
• Digital – reality experience
  Moving from the digital world to reality, Steed holders will experience the beauty and fun of riding the horses listed on our NFT Marketplace and to enjoy this to the fullest, they will be immersed in the fun as characters within the race.
• WORLDWIDE HORSE STATIONS
  As part of our long term future projects, the Steed platform aims to create horse stations around the globe. With these stations, we will hold real life horse racing activities across different locations simultaneously to give our holders the opportunity to try the real life horse riding experience. The stations will be facilitated by our partnership with several companies like Ride4far.

Steed token

Importantly, $Steed is the native token on the platform and it is with it that transaction, governance and incentivization activities will be carried out. It is an ERC-20 standard token with mint and deflationary features. The deflationary features of this token means that a certain percentage of it is removed from circulation to increase the value of the token and for this, Steed adopts the token burn strategy. We started with burning 49% of our total supply and there is constant burning with 2% of our token burned on every transaction (transfer, buy or sell) making your Steed increase in value with time.

The success of major protocols depends on how valuable the features they offer are and how much users are attracted to the liquidity of their protocol. To sum up, $Steed is designed as a key to access features on the platform.