What is STORE?

1/ Storecoin is a new public blockchain with high-throughput, true decentralization, and zero transaction fees. The project has eyes on taking on VISA with a faster, zero-fee, programmable, p2p payment system. If Ripple is taking on SWIFT, Storecoin is taking on ACH payments.

— $STORE (@store_labs) June 2, 2018

2/ Storecoin's native currency, STORE, uses a sustainable inflationary monetary policy to achieve zero-fee transaction fees for merchants, developers, and end users.

— $STORE (@store_labs) June 2, 2018

3/ Inflation is dynamically pegged to the number of tokens staked by dWorkers, who are in turn rewarded for contributing resources to the protocol's validation, governance, security, and scalability mechanisms.

— $STORE (@store_labs) June 2, 2018

4/ The rate of inflation grows proportionally to the growth of total value staked, reaching a hard cap at 51% of total supply staked: at this limit, annual token inflation flatlines at 4%.

— $STORE (@store_labs) June 2, 2018

5/ @Storecoin strives to take the Web 3.0 ethos one step further, leveraging a unique on-chain governance model inspired by the U.S. Constitution's checks and balances system.

— $STORE (@store_labs) June 2, 2018

6/ This additional layer of trust and enforceability provides Storecoin with the necessary security and censorship resistance required to attract Fortune 500 companies to its zero-fee, p2p, programmable payments platform.

— $STORE (@store_labs) June 2, 2018