Topic: OST | SIMPLE TOKEN -- Blockchain Infrastructure Empowering New Economies - page 13. (Read 32620 times)

quite interesting project
just wonder why so little movement here on bitcointalk

Looks pretty interesting. So platform offer KYC as service for ICOs. How does process work? At simple: As ICO participant I do KYC using your platform then this can be used for other ICOs that I participate? Blockchain security I think would be crucial if it stores people KYC information.

Hi! We are posting all updates about the project here. You can also join our Telegram Announcement channel.

Yes, this.

I don't want to go to your telegram unless I am SUPER involved in your project.  I DO, however, still want info on it.... here.

Even techical anlysis I witnessed looks extremely good for this token.
Please update us here with major announcements and partnerships made as some of us have no time to follow Telegram. Please take it as remark as project is superb. I look forward to read here more about it.

Just some clarifications as i've been following Simple Token since ICO. Their token is utility-based, meaning that as companies use their OST protocol to create their own branded token (BT) economies, they have to stake OST in exchange. This removes OST from the circulating supply. Additionally, current holders of OST can lend their OST stake to partnering companies.

Today they launched OST-KYC, which is a KYC-as-a-service product for ICOs that want a streamlined onboarding process. For this service, companies also have to purchase OST on the open market. Very few projects have multiple streams of intrinsic utility like that.

On their Medium page, they have outlined projections for how their circulating supply will change over time, inclusive of current partners and forecasted partners to use the platform. By utilizing the staking mechanism, their circulating supply is deflationary, since it declines over time as more businesses use OST. Projections for circulating supply are (conservatively) estimated to be about 7 million OST by the end of 2019, which bodes well for price appreciation even if marketcap remains flat or steadily increasing.

As for their competitors (Lisk, etc), do bear in mind the nature of their target clientele (app/blockchaindevelopers). The purpose of OST however, is to enable ANY mainstream business to incorporate blockchain into their business model, and create token economies, WITHOUT having to write a single line of code/hire app or blockchain developers/deal with regulatory or legal issues with running a traditional ICO. Its essentially the Amazon Web Services of Blockchain-based tokenization.

I would suggest folks follow their official telegram chat for partnership and product updates, as well as their blogs on Medium, and peruse their Github repertoire if you are tech savvy.

Imo, this is a hidden gem that shoulddo very well in 2018. Clear cut example of what a real UTILITY token looks like.

Cheers

#notfinancialadvice
#doyourownresearch

Introducing ostKYC — The Complete KYC & Whitelisting Solution for ICOs, powered by $OST

$OST Partner Company Case Study: Look by Vidi VR

"By using OST, Vidi VR will be able to deploy their services while taking full advantage of cryptoeconomics without the costly, technical and regulatory challenging, and operationally difficult task of ICOing their own tokens. Rewarding creators with great content in the form of OST-powered branded tokens will incentivize them to create amazing content and expand their viewership within Look."

Yes, our Telegram community is strong!

Do you mean posting pictures?

Seems interesting, I saw you have good community on telegram 😎
do you need a help to show graphic contents for your Announcement Thread?

glad to see ,  hope everything run well .

The roadmap indicates good progress on the project for the coming month an a half!

New exchanges and partner company announcements must be coming soon I bet.

More details coming next week, when we launch ostKYC.

I love the concept of ostKYC. You guys had an incredibly transparent and well delivered ICO process that I believe many projects can benefit from. However, what exactly does “volume-based billing, only in $OST” entail?

ostJAN — OST Monthly Roadmap Update

• ostKYC
• ostKIT alpha
• ostEXPLORER
• ostCAMPAIGNS
• ostWALLET
• OpenST Protocol

That's not true, there are many holders out there, but in fact the day traders make the price. Everything is deep in red because of the Chinese News, patience is the key like everytime.

Those dumping are such big fools. There's no more holders in the world of crypto anymore. Everyone is a vulture day trader now

Startups Are Choosing Open Simple Token to Power their Blockchain Technology — Announcing 11 new OST partners during 1st OST Startup Day: OST Startup Day #1: 15 January 2018

And the CEO said more use cases incoming. Also there is supposed to be big news announcements in the next few days..

I've joined now, thanks!