Case Study Bitbond x Stipent

Overview

Internset, a technology company revolutionizing early talent training and acquisition, sought a secure and transparent solution for managing its treasury reserves. To achieve this, Internset partnered with Bitbond to execute a five-year token lockup of 1.3 billion Stipent (STPN: Polygon). This was achieved using Bitbond’s enterprise-grade blockchain infrastructure Token Tool. This collaboration ensured structured supply management while reinforcing governance and transparency within the Internset DAO ecosystem.

Client Background: What is Stipent?

Stipent (STPN: Polygon) is a utility and governance token designed to support enterprises in talent engagement, skills recognition, and decentralized work validation. Issued by Internset DAO, Stipent facilitates non-commercial internships, training programs, and micro-tasks, enabling companies to recognize exceptional talent through blockchain-based credentialing and proof-of-work notarization. Built on the Polygon network, Stipent’s infrastructure is designed for scalability and cost efficiency, ensuring frictionless transactions within the Internset ecosystem. Unlike conventional tokens, Stipent is strategically structured with treasury governance mechanisms that prevent premature circulation, aligning with Internset DAO’s long-term sustainability framework.

Challenges

Internset required a robust and secure treasury management solution to:

• Prevent premature circulation of 1.3 billion Stipent tokens.
• Maintain transparency and audibility in token lockup mechanisms.
• Ensure automated and tamper-proof treasury governance.
• Align token reserves with long-term sustainability goals.

Solution: Bitbond’s Institutional-Grade Smart Contract Technology

As a leader in digital asset tokenization, Bitbond provided the smart contract infrastructure to facilitate an automated and transparent lockup mechanism for 1.3 billion STPN. The pre-programmed, immutable smart contract prevents unauthorized access, ensuring the tokens remain locked until December 31, 2029.

Key features of Bitbond Token Tool included:

• Smart Contract Configuration and Deployment: Preventing unauthorized access and ensuring predefined release conditions.
• Enterprise-Grade Security: Leveraging enterprise solutions with stringent security protocols.
• Seamless Blockchain Deployment: Enabling trustless, automated enforcement of treasury governance models.
• Scalability & Cost Efficiency: Supporting high-volume tokenized asset management on public blockchains like Polygon.

Results

The implementation of Bitbond’s blockchain infrastructure delivered measurable benefits to Internset DAO:

• Enhanced Treasury Security: The smart contract-based lockup mechanism eliminated risks of unauthorized token access.
• Improved Transparency: All locked assets are publicly verifiable on the blockchain,reinforcing trust within the Internset ecosystem.
• Automated Governance Enforcement: The structured token release aligns with Internset DAO’s governance framework, ensuring fiscal responsibility.
• Institutional-Grade Reliability: Bitbond’s enterprise-grade solution provided Internset with a trusted, secure, and scalable treasury management model.

Client Testimonial

Nathan Prichard, Head of DAO Strategy at Internset: “With a decade of experience driving transformation, I have worked with high-growth companies to establish strategic financial paths. Bitbond’s institutional-grade blockchain infrastructure is exactly the kind of framework that ensures Internset DAO’s long-term treasury security and governance. The transparency and automation provided by this lockup mechanism reinforces our commitment to responsible fiscal management and decentralized growth.”