Standard Tokenization Protocol

Standard Tokenization Protocol (STP) operates a decentralized network designed to standardize the tokenization of assets and facilitate the creation and management of Decentralized Autonomous Organizations (DAOs). Founded in 2019 by Mike Chen, Sinhae Lee, and Richard Lee, the company aims to make digital assets more accessible globally. The founding team possesses a strong background in blockchain technology, finance, and regulatory compliance. Mike Chen, the CEO, previously founded Block72, a digital investment bank, and the crypto fund GBIC, experiences that directly inform STP's focus on bridging traditional finance with the crypto space.

The company's business model centers on providing a suite of no-code tools and infrastructure that allow organizations and developers to build and manage their own DAOs efficiently. This includes everything from token issuance and governance to managing community engagement across multiple blockchains like Ethereum and Polygon. A significant evolution in their strategy was the launch of the Verse Network in late 2021, an interconnected cloud designed to be a high-performance environment for DAOs and DeFi applications. More recently, STP introduced Clique, a Layer 3 solution on the Base blockchain, specifically aimed at advancing AI in on-chain gaming by offering low transaction fees and high scalability. The company generates revenue through its native utility token, STPT, which is required for various activities within the ecosystem.

The core offering is a protocol that enables the conversion of real-world or digital assets into blockchain tokens in a manner that adheres to jurisdictional regulations, incorporating features like KYC/AML verification. The native ERC-20 token, STPT, is integral to the ecosystem. It is used for transaction fees on the Verse Network, as collateral for asset tokenization, for platform governance where holders can vote on protocol changes, and for staking to earn rewards. In early 2025, the company announced a rebranding from STP Network to AWE Network, reflecting a sharpened focus on creating AI-powered Autonomous Worlds (AW). This strategic shift included converting the STPT token to the AWE token on a 1:1 basis.

Keywords: asset tokenization, decentralized autonomous organization (DAO), blockchain protocol, cross-chain governance, digital assets, STPT token, Verse Network, regulatory compliance, AI gaming, DeFi infrastructure