There are two ways to buy SLT:
The second one is faster if you don’t possess XLM, but we recommend the first one since by choosing SDEX you benefit from trading directly on blockchain without centralized intermediaries and extra commissions. Buying SLT on SDEX requires to have a Stellar account and a sufficient amount of XLM on your balance. If you don’t have a Stellar account yet follow these steps:
To learn more about trading SLTs on SDEX, please review this tutorial https://smartlands.io/wp/2017/12/21/how-to-trade-on-sdex/
The total supply of SLTs is roughly 7.2 mln, the circulating supply is currently 5,1 mln SLTs. You can always check the total supply of SLTs and the rest of the relative information on SLT here
You can find the Smartlands’ Lightpaper here
SLT is a utility token which serves the following purposes:
Smartlands focuses on tokenization in the Real Estate sector and Agricultural assets.
Security token is a security issued in the form of a blockchain token. Both a security owner, and a security token holder have the same rights. The most typical securities are shares, bonds, and derivatives.
To start the process you need to submit your application here. Issuing security tokens is a complex procedure and the Smartlands platform will guide a company/asset owner through all the required steps.
“Tokenization” is a mechanism that allows an asset to be represented by a digital entity – a token. Why tokenize assets?
If you hold your SLT in your personal Stellar account (you hold the private key for the account) it means you store your SLTs “off exchange”. It is possible to trade on Stellar decentralized exchange directly from your Stellar account through Stellar-based wallets/portals, but it does not mean that your balance is stored “on exchange”. The balance of a Stellar account is stored on the Stellar network (blockchain), so “an exchange” cannot steal your balance, deny transfer/”withdrawal” or get hacked.
Nevertheless you bear all risks of having a crypto account – your private key may be stolen/phished or the wallet can get hacked. Probably the safest way to store your SLTs is to store them on your Ledger Nano S.
Once the number of security tokens issued on the Platform reaches five, the Platform will construct the index encompassing all the Platform’s security tokens (ST). After the issue of 10 ST on the Platform, an index token will be issued. As illustrated on the picture below, proceeds from selling of index tokens will be used to buy all the security tokens issued on Smartlands in proportions defined by the index calculation algorithm. Security tokens balances will be amended in case of deviations from the proportions or issue of new ST on the Platform.
The index token will make the Smartlands index of security tokens investable providing an opportunity to buy all the tokens in a certain proportion with one action.
We expect Smartlands Platform’s security tokens to become a popular safe haven assets for crypto investors and high-yield low-volatility investment for retail fiat investors. If an investor is not an expert in fundamental analysis and is unable to pick a specific token efficiently, the Index Token is the optimal way to make a low-risk investment and get familiar with security tokens without having an extensive expertise in the field. Index token is diversified by design therefore a possible failure of an individual security token is not going to significantly affect the entire portfolio.
Initially, Smartlands focuses on assets in the European and South Asian countries, but in the future we will be launching and curating tokenization projects all over the world.