About

“Royal Sting” (RS) – FinTech b2b2c platform on blockchain technology. This is a new generation financial trade platform. The project is designed to
implement a unified and simple tool for the following tasks: Integration of the digital financial model into the traditional economy, banking and commodity environment; Optimization of financial and economic relations.

The project uses a hybrid technology Blockchain DPOS+DAG. Royal Sting starts within the Commonwealth of Independent States (CIS), though is not limited by its territory. The first task of the project is to introduce innovative changes in the international money transfers in all of its aspects: from the economic and safety, and an access to cash funds 24/7 365 days a year to the simplicity of the functionality of the application with the ability to transfer funds in any direction and volume, anywhere in the world, in any currency, at any time.

Initial stage begins with Royal Sting development in the Russian Federation because Russia is one of the leading places in the world for international transfers among immigrants. According to the Central Bank of Russia in 2017, the total volume of transfers from Russia to the CIS countries amounted to $24.9 billion.

To that extent, the total volume of international transfers  to and from the Russian Federation increased by 19% in 2017 compared to 2016 (the total volume of transfers from/to Russia amounted to $76.4 billion) and has a tendency to significant growth, which makes it possible to predict a stable basis for economic development in the long term of this project.

At the end of 2018, it is expected that the total volume of international transfers to the Russian Federation and beyond will exceed $80 billion.

The current instruments in the banking sector for international payments transfers do not measure up to the main challenges of the market demand: convenience, security, simplicity of use, speed and being in charge of our own transfer  process.  Constant bureaucratic delays, the inability to predict the timing of the transfer, high fees and limits on transfers make the process of sending money stressful and not convenient to the end user. But we have solved this problem.

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STO’S Details

  • GENERAL INFORMATION
  • Pre-STO Opening Date:

    To be announced (UTC)

  • Pre-STO Closing Date:

    To be announced (UTC)

  • STO Opening Date:

    Thu, Dec 20th, 2018 12:00 AM (UTC)

  • STO Closing Date:

    Thu, May 30th, 2019 12:00 AM (UTC)

  • Country of Origin:

    Kyrgyzstan

  • TOKEN DETAILS
  • Symbol:

    RSF

  • Blockchain Type:

    Stellar

  • Token Type:

    Stellar

  • Finance Information
  • Initial Token Price:

    1 RSF = 0.014 USD

  • Soft Cap:

    1 000 000 USD

  • Hard Cap:

    48 000 000 USD

  • legal INFORMATION
  • Company Name:

    Sterling Sting OJSC

  • Country of Incorporation:

    Kyrgyz Republic

  • Company Address:

    52 Orozbekova St. Bishkek 720040 Kyrgyz Republic

  • Whitelist:

    No

  • Know Your Customer (KYC):

    Required

  • Anti-Money Laundering (AML):

    Required

Advisors

  • Almazbek Shabdanov

    Almazbek Shabdanov

    Advisor

  • Jan Louw

    Jan Louw

    Advisor

  • Pascal Nieling

    Pascal Nieling

    Advisor

Team

  • Aleksandr Mykhailov

    Aleksandr Mykhailov

    Architect and co-author

  • Andrew Moskovko

    Andrew Moskovko

    Developer, technical architect

  • Sergey Zaicev

    Sergey Zaicev

    Blockchain GO Developer

  • Vladislav Kursakov

    Vladislav Kursakov

    UX//UI interface designer

  • Daniel Pivovarov

    Daniel Pivovarov

    Front-end developer

  • Tony Sandberg

    Tony Sandberg

    Norway - Global Marketing

  • Oscar Mendez

    Oscar Mendez

    Uruguay - Global Marketing

  • Shirin Kylychbekova

    Shirin Kylychbekova

    Banking specialist, co-architect of the project «World without Borders»

  • Ilia Nirenberg

    Ilia Nirenberg

    Financial expert, business consultant

  • Makhabat Tilebalieva

    Makhabat Tilebalieva

    General counsel

  • Igor Shkilnyk

    Igor Shkilnyk

    Head of strategic development Department

  • Kseniia Deina

    Kseniia Deina

    SMM