Microsoft Azure and Stratis introduce the Stratis ICO Platform

20 Feb, 2019 | Updated: 20 Feb, 2019
by Richard Allen
News
Microsoft Azure and Stratis introduce the Stratis ICO Platform

Microsoft Azure and Stratis are introducing the Stratis ICO Platform, allowing projects to run a secure and flexible web-based application that enables the selling of tokens.

In October last year, Microsoft announced that Stratis had become a certified Microsoft Partner. The aim is to develop C# blockchain technologies for enterprise customers. The partnership sees Microsoft providing the resources and access to the market while Stratis provides smart contracts, sidechains and blockchain technology.

Read more: Stratis becomes the first crypto company certified as Silver partner of Microsoft

In addition, to be a launching pad for new tokens, the Stratis ICO platform enables buyers to earn a proportion of the tokens by making contributions in either Bitcoin or STRAT. Additionally, Changelly has also integrated with the ICO Platform meaning the accepted currencies include USD, BTC, STRAT and more than 50 other tokens.

While no specific dates are available just yet, the project has been split up into three phases: the deployment phase, the live phase, and the token distribution phase.

The deployment phase will see the Web Application set up. By the end of this phase, the token seller will have integrated with Web Application with their site and notified potential buyers when the ICO will start.

The live phase runs for a specific amount of time. By the end of the phase, the ICO platform will have recorded how many of the tokens are due to each buyer, which leads to the token distribution phase. Here, buyers of the tokens will have supplied an address from a supported wallet.

The community came out in support of Microsoft and Azure:

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Read more about: Stratis (STRAT) ICO

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