Stratis announced that its smart contracts platform release date is the 16th May, which is expected to help the STRAT coin recover from its $6.02 price drop.
Currently, developers can choose from various approaches to smart contracts, even visual building tools. The Stratis project took its time, but it is finally among the platforms that will empower smart contracts development and management through the use of C#.
This way Stratis targets one of the biggest developer communities and enables indirect connections with Microsoft solutions. If marketed successful, it could become one of Solidity’s biggest competitors, Ethereum’s most used language.
STRAT, the platform’s token, is known as one of the most advantageous ICOs, considering the fact that it has grown from extremely low prices (sub-penny) to the considerably enormous $20.
When STRAT token holders use the coin’s wallet, the token is a low-return staking one. Despite that Stratis hasn’t shown the best of its marketing activities, it succeeded to position itself among the bigger platforms.
UK-based, the Stratis platform will operate in Europe and support NEO, QTUM, ICX, XLM, and TRX, apart from Ethereum, once its mainnet is released.
Similar to Ethereum, the total supply of the STRAT coin is 98,000,000. The crypto market expects a significant boost for the coin and its wallet with the launch of new ICO projects.
Up to 50 coins will be able to get fundraising on the Stratis platform. Each project will be entitled to reserve 400 BTC only, as the rest of the assets will be automatically converted to STRAT to increase demand.
The first STRAT ICO, Gluon, is going to be locked down for the first two years. The team anticipates that if the platform is successful in the launch of many ICOs through STRAT fundraising, the token’s price would reach the one of Ethereum.