What is Statter (STT)?
Quick Facts
- Native coin of the Statter Network, its own independent blockchain
- Incubated by Holo Metaverse Group Inc.
- Mainnet launched in 2022
- Consensus: SPoW (Segmented Proof of Work)
- No ICO: all STT tokens are generated through mining
- Block rewards decrease by 25% every 12 months
- Performance: up to 100,000 TPS with sharding and DAG technology
- Community: over 100,000 mining rigs and 120,000+ active addresses
Introduction
Statter Network is a full-service public blockchain platform built specifically for the metaverse ecosystem. It targets developers, creators, and players who need a flexible, high-performance infrastructure to power next-generation metaverse applications.
Its standout feature is a drag-and-drop blockchain creation tool that lets developers build custom public blockchains as easily as assembling building blocks — no deep protocol engineering required.
History & Background
Statter Network was incubated by Holo Metaverse Group Inc., a group focused on advancing the metaverse industry. The project's mainnet went live in 2022 and has operated continuously since then.
The team includes professionals with backgrounds at leading technology companies, bringing expertise in blockchain architecture and metaverse-specific technical challenges such as edge rendering and high-throughput performance.
How Statter Works
At its core, Statter uses a proprietary SPoW (Segmented Proof of Work) consensus mechanism. Instead of having all miners compete against each other, SPoW segments computing tasks and distributes them across mining pools, making the process fairer and more energy-efficient than traditional PoW.
The platform supports a multi-layer architecture with high cohesion and low coupling, enabling parallel multi-chain and multi-consensus operation. It also integrates a DID (Decentralized Identifier) aggregation protocol, allowing cross-chain digital identity interoperability across the ecosystem.
Scalability is achieved through a combination of sharding and DAG (Directed Acyclic Graph) technology, enabling the main chain to handle up to 100,000 transactions per second with near-instant finality.
Tokenomics
STT is the native coin of the Statter Network. There was no ICO — all tokens enter circulation exclusively through mining, making distribution directly tied to network participation and contribution.
Miners must stake a certain amount of STT per mining rig before they can participate, introducing a staking-penalty mechanism to ensure stable 24/7 network operation. Block rewards follow a deflationary emission schedule, reducing by 25% every 12 months, creating long-term scarcity pressure.
STT is used for staking, transaction fees, and powering applications throughout the Statter ecosystem.
|
Circulating supply
| 50.34 million STT |
|---|---|
|
Total supply
| 100.00 million STT |
|
Max supply
| 100.00 million STT |
Ecosystem & Use Cases
Statter is designed as an open infrastructure platform for the metaverse. Developers can build custom blockchains using the drag-and-drop tool or deploy DApps using pre-built modules and components.
The platform integrates with a wide range of metaverse infrastructure services including 3D engines, edge computing, edge rendering, decentralized storage, digital twin, and computer vision. This plugin App market lowers the barrier for businesses migrating to the metaverse.
In 2025, Statter entered a strategic partnership with ANT.FUN, a DeFi platform, to extend on-chain financial services within its ecosystem.
Team, Governance & Community
The Statter team is composed of blockchain and metaverse specialists, with members from leading global technology companies. The project is governed by the founding team and its broader community of miners and developers.
The network has grown to over 120,000 active addresses and more than 100,000 mining rigs, reflecting meaningful grassroots participation. The community is active across Telegram, Twitter/X, and YouTube.
Advantages
- Drag-and-drop blockchain creation dramatically lowers development barriers
- SPoW consensus promotes fairness and low-carbon home mining
- 100,000 TPS capability makes it suitable for demanding metaverse workloads
- Cross-chain DID interoperability simplifies digital identity across chains
- No-ICO mining model aligns token distribution with real network contribution
- Modular architecture supports diverse consensus algorithms and multi-chain parallelism
Risks & Challenges
- Metaverse sector volatility: the broader metaverse narrative has seen waning investor interest
- Competition: many Layer-1 and modular blockchain platforms target similar developer audiences
- Adoption uncertainty: widespread metaverse infrastructure use is still in early stages
- Mining centralization risk: SPoW pools could concentrate over time if not actively managed
- Ecosystem dependency: growth is tied to developer adoption of its unique tooling
Long-Term Vision
Statter's long-term goal is to become the foundational blockchain operating system for the metaverse — an open, customizable layer upon which any developer can rapidly build and deploy metaverse-grade blockchains and applications.
With the integration of AI-powered infrastructure through partnerships like NEW GROUP, Statter is positioning itself at the intersection of blockchain infrastructure and AI-driven on-chain asset services, aiming to support compliant asset issuance, trading, and settlement at a global scale.
Frequently Asked Questions
- What is Statter Network?
Statter Network is a full-service public blockchain platform designed for the metaverse ecosystem. It was incubated by Holo Metaverse Group Inc. and provides developers with drag-and-drop tools to build custom blockchains and DApps.
- What is the STT token used for?
STT is the native coin of the Statter Network. It is used for staking (required to participate in mining), paying transaction fees, and powering applications across the ecosystem.
- How is STT distributed?
There was no ICO for STT. All tokens are generated exclusively through mining, meaning distribution is tied directly to network participation. Block rewards decrease by 25% every 12 months.
- What is SPoW and how does it differ from regular Proof of Work?
SPoW stands for Segmented Proof of Work. Unlike standard PoW where all miners compete simultaneously, SPoW segments computing tasks and assigns them to mining pools, making the process fairer and more energy-efficient.
- How fast is the Statter Network?
Statter achieves up to 100,000 transactions per second on the main chain using a combination of sharding and DAG (Directed Acyclic Graph) technology, with transactions confirmed within seconds.
- What is cross-chain DID interoperability on Statter?
Statter uses a DID (Decentralized Identifier) aggregation protocol that allows digital identities to work seamlessly across different blockchains within the ecosystem, removing the need for separate identities on each chain.
- Who can mine STT?
Anyone with a mining rig can participate in STT mining. Miners must stake a certain amount of STT per rig before joining, and the staking period lasts a minimum of 180 days before redemption is available.
- What metaverse services does Statter integrate with?
Statter's plugin App market integrates infrastructure services such as 3D engines, edge computing, edge rendering, decentralized storage, digital twin technology, and computer vision, giving metaverse developers a one-stop ecosystem.