Stack token(Stk)- a coin to watch

Stack’s STK token fits the bill perfectly and Stack is a personal finance platform that incorporates mobile tap to pay functionality, in addition to a multi-currency wallet that is compatible with both fiat and cryptocurrencies.CEO Miro Pavletic heads a team with a wealth of experience in financial services, technology, and marketing with various members having worked at companies such as Virgin Mobile, Deloitte, TD Bank, MasterCard, and Sprint.

STACK has entered into a unique partnership with MasterCard and on top of a mobile app, STK accounts will include a chip-and-pin MasterCard prepaid card, which provides point of sale interaction with retailers as well as purchase protection on every transaction. In addition to this, STK cardholders will also have access to a worldwide network of ATMs, whilst the native STK token will also allow for the use of either the mobile app or prepaid card to make crypto purchases.

Based in Canada, STACK aims to provide an alternative to services such as Apple Pay and Android Pay and will also provide access to a host of fee-free services, which include account activation, contactless purchases, payroll deposits, prepaid card delivery, and ATM withdrawals.

STACK has proved to be a highly anticipated project and its early token sale rounds were oversubscribed. This coupled with a significant increase in the price of ETH saw STACK reach its hard cap of $17 million prior to its public crowdsale. As a result, the public token sale was cancelled and replaced by an airdrop for STK community members. This airdrop of up to 1,250,000 STK tokens will be made to members of the STACK community and social media channels on January 31.

As a result, the STK token will be available on exchanges on Wednesday with savvy investors looking to pick up tokens early on EtherDelta or IDEX. STK token was also the winner of a Cobinhood community vote and will be listed on the site on February 1. With a market cap of just $17 million and an ICO token price of $0.10, we can expect to STK token to experience some considerable positive price action this week.

Credit- coincodex.com