Opu Labs' mission is to improve how the global skincare industry exchanges data, information, and rewards in a way that benefits patients, dermatologists, treatment centers, brand specialists, and product manufacturers.
Opu creates a set of blockchain-based technology platforms-starting with a mobile skin care app and a token-based ecosystem that will reward its users. In order to raise awareness of the technologies and encourage participation in the ecosystem, the team started providing an initial coin offering (ICO) in July 2018.
FEATURES
Opu technology comprises five core serices:
How Opu Labs Blockchain AI Skincare Clinic Token Works
Opu Labs' primary product is a smartphone app that can recommend skincare products or services based on either a scan of the user's face or the information that they enter themselves. The group states that the service will use AI to continually improve its recommendations, which should lead to excellent results. The platform aims to eventually become a comprehensive ecosystem that connects passionate consumers, knowledgeable dermatologists, and enterprising product manufacturers.
The company's business model is to charge both the professionals who market their products and services and the users who receive their recommendations, but it ultimately will cost much less than traditional services for everyone involved. Furthermore, the platform will reward all its users for actions that generate new business, such as recruiting new users, participating in clinical trials, providing their information to the AI engine, or leaving widely read product reviews.
OPU Token Ecosystem
Their value-driven ecosystem is underpinned by their native Ethereum-backed token – the Opu Coin (OPU). These are tokens to their community. Say a customer submits their skincare data to their AI platform, or signs up for a dermatologist’s clinical trial, or a new skincare brand wants to use decentralized data to find a user group for a new product.
Strengths of OPU Labs
In order to fully develop and perfect their technology, as well as launch and scale the number of active users, there are many milestones they need to reach. ICO to participate in ICO. In addition to their team, advisors, and MVP, here are some of their project’s core strengths:
THE BLOCKCHAIN SOLUTION FOR THE GLOBAL SKINCARE INDUSTRY
Opu.ai is the revolutionary new platform which will vastly improve how people address their skin care needs.
Opu provides advice and intelligently connects consumers, brands and professionals based on objectivity and trust.
Utilizes the blockchain to substantially improve the quality of skincare data available to the industry globally
ADVANTAGES
Opu.ai is an Ethereum-based blockchain platform that is managed by smart contracts. The platform supports the skincare community by delivering technology solutions that improve the quality, availability and access to high quality skin care services. Utilizing blockchain technology, Opu will substantially improve the quality of skincare available to individuals worldwide.
Opu enhances the skincare ecosystem by effectively leveraging product and treatment efficacy data through a merit based incentive system. The tools combined with cryptocurrency based incentives encourage participation of medical professionals, personal care professionals, skincare product providers and individuals. Opu coin is the first skincare focused cryptocurrency that employs a decentralized review platform to reward the constituents whose contributions benefit the community, and to provide skincare professionals with technological services that expand their capabilities while simultaneously easing patient load. This will be enabled through Blockchain, AI, big data, search, image analysis and ecommerce technologies. The primary goal of the community is to build a future skincare ecosystem where the community organizes highly relevant information that will result in improved analysis and treatment options.
Opu grew out of the founding teams’ collective experience in the search, mobility, healthcare and ecommerce domains. Portions of the Opu App are currently in beta release stage in preparation for the Opu ICO campaign launch. Both skincare professionals and consumers will be rewarded for completing activities that benefit the community with ERC-223 Opu Coins that will be stored in Opu Wallets and will be tradable on open exchanges. The platform will provide a market-based incentive for individuals to analyze skin conditions, set improvement goals, monitor progress and achieve results with expert guidance from professionals, as well as from Opu’s native intelligence. The Opu team believes that the platform will catalyze the community resulting in a material improvement in skin health at a diminished overall cost
TOKEN HOLDING BONUS
Opu token is built on the Ethereum blockchain therefore it is an ERC-223 token known as Opu coin (OPU). The token is given as incentives to participants who contribute to the community and the platform. OPU is the standard method of payment on the platform. For example, customer A submits their skincare data to our AI platform, or signs up for a dermatologist’s clinical trial, or a new skincare brand wants to use decentralized data to find a user group for a new product: OPU will become their standard payment method, and at that the exchange of information will facilitate improvements in skincare health.
The Initial Coin Offering
Private Sale (part of Pre-ICO pool)
100% bonus -- 05 March 2018
Pre-ICO
66.7% bonus – 26 June 2018
42.9% bonus -- 30 June 2018
25.0% bonus – 01 August 2018
11.1% bonus -- 08 August 2018
ICO
The Main Event – 15 August 2018
The ICO price for the OPU Coin will be $0.059259 per token.
ICO hard cap will be US$37 million.
Milestone
Early 2016 - 2017
• Proof of Concept
• Further product research, development, & testing
• MVP (demo/alpha)
Q1 2018
• Fully functioning web version of 3D scan & analysis
• Training tools for doctors
• Private Sale & Pre-ICO Opens
Q2 2018
• ICO Opens
• Product recommendation & skin condition programs
• Native Android app version & Asian market launch
Q3 2018
• Native iOS app version & US market launch
• Affiliates network
• Decentralized blockchain database
Q4 2018
• Analysis Engine v2 & Image Processing API
• Treatment recommendation functionality
• Additional Asian & EU country launches
2019 - Future
• Product marketing/growth & expanding to new markets
• New functionalities & third-party tool support
• Enterprise integration with partner platforms
Team
CONCLUSION
Opu Labs has an interesting idea that could cause a stir in the skincare industry. However, it's unclear whether consumers not already interested in cryptocurrencies will be enthusiastic about the Opu Coin. Investors curious about the Opu Coin should wait for reports about the platform's user base before purchasing.
https://ico.opu.ai/
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