Website: https://www.owlstand.gallery/
Twitter: https://twitter.com/Owlstand
Telegram: https://t.me/joinchat/EmeEUA8cGEr46dgNATIP-A
Art + Ethereum + Inter-Planetary File System + Polkadot
50% tokens for sale in Dutch auction
200,000 lines of working codes
Existing business model + Cryptocurrency payment option
Owlstand ICO registration is required for donation
OWLSTAND token: as a utility (a user case)
On Owlstand platform, users do peer-to-peer transaction with each other, and the platform shall not (be able to) take commission. The peer-to-peer transaction fee is only paid to the network. To maintain the platform, Owlstand sells tokens to its users. So users need to have Owlstand tokens to enter the site to conduct business activities.
Owlstand can be a third party signature signer for approving transactions. For example, buyer Alice decides to buy a painting from artist Bob. Alice sends 1 BTC to a multisig wallet, Bob sends the painting to Alice, and Owlstand will sign the transaction. If Bob fails to send the painting to Alice, Owlstand will disapprove the transaction, and the 1 BTC will be returned to Alice. Owlstand can be a trusted escrow, however, Owlstand don’t hold any of its users’ fund, nor need to ask for users’ identity.