Established in 2018, Secret Trees has a goal of contributing to a sustainable international agro-economy through the commercial and industrial development of the rising demand for hemp. Within five years, it seeks to become a leader in Eastern Europe’s industrial hemp production. The Secret Trees factory installation is expected to be done in 12 to 18 months. The factory’s objective will be hemp processing and hemp products and hempcrete production.
Secret Trees suggests offering derivative contracts to let producers lock in the prices they have to pay for hemp during the ICO once the factory becomes operational and later as a way to manage risk.
Secret Trees leverages its triple token model to address the issues present in both the hemp and construction industry.
Secret Trees Equity (STE)
Investors obtain an ownership stake in the firm, access to token price movements, and a right to dividends. After the complete installation of the Secret Trees factory, dividends will be paid from profits generated from manufacturing sales and hemp product sales.
STU utility token
Hemp producers and individuals are granted access to hemp facilities. The token enables users to have their hemp processed in the Latvian-headquartered factory and allows hemp producers to access derivatives contracts.
STS seed token
The STS seed token represents an incentive in hemp seeds to encourage hemp production/growth. It is produced by holding STU utility tokens. The STU will be locked in for a certain time, at the end of which STS tokens will be generated. For the initial STS token generation, Secret Trees will “provide an interface to lock a number of your STU tokens for 30 days hence, you will have 30 days to lock your STU in order to generate STS. The amount of STS tokens that will be generated is independent of when you lock your STU during this time frame.”
|Pre-Sale||2018-11-30 – 2018-12-31|
|Token Sale||2019-02-28 – 2019-03-31|
|PreICO Price||1 STCT = 1 USD|
|Minimum Investment||11 XLM|
|Soft Cap||25,000 USD|
|Hard Cap||50,000 USD|
|Restricted areas||Somalia, China|