OPN - The Open Packaging Network

What is OPN?

We believe in the power of blockchain technology to transform packaging space for the better. To achieve that, our solution is designed to take advantage of the technology to provide value to the stakeholders of the ecosystem. The 'open packaging network', as the name implies, aims to provide an open ecosystem for different stakeholders to seamlessly trade with one another.

Solution:

We realize that there are so many markets and segments of customers and we feel we need to bring them together in one place: so we decided to launch the market for the manufacturer to find. Their buyer partners and vice versa build interaction between them. A platform, our foundation. A unique experience in the supply chain technology process.
A platform is an open architecture, an information-sharing and interactive system that can be programmed and therefore customized by outside developers - users - in many standard or lesser ways. than. To mediate value created by others, it must be "open" to the World Wide Web and the user must be invited to collaborate with it. It is built on the governance model, designed based on a series of mandatory rules to eliminate bad actors and direct community behavior, encourage healthy interactions and connect profitable. and make money. The real value generated by interactions: the platform connects manufacturers and consumers, sellers and buyers, suppliers and stakeholders over the network and gives them the same tools. work together.
"Great!" One might think. Yes, this process is obsolete in our opinion, as it consumes time for buyers but is also lengthy, complex and cunning for all the actors involved. For example, if you are a seller and you are already a product and ready to sell, you must first wait for the buyer to contact the distributor (co-ordinate), rather than let him contact a person. Specifically the seller and then for this later contact you and finally he again back to the distributor and he, finally, to sell your product to the buyer. Surreal, right?

Background:

Platform for sellers and buyers
Having observed many market segments and customers in packaging space, we found that the problems spread over the spectrum and forced the aggregation of all these verticals into one place to reduce friction. deal. Therefore, we have come up with the idea of designing a market for the seller to find their buyer partner and vice versa.

Transparency and trust

One of the main problems faced by the company, as well as sellers and other intermediaries in the network, is that they do not have full confidence in the work of another firm. Consequently, sellers must rely on any limited data that is available to them to make a number of faithful strategic decisions. The lack of transparency in cooperation is a major problem; in most situations, companies are simply trying to protect their own interests. This leads to fraud, problems, sometimes it is much more profitable to sell certain goods, giving up the already formed agreement.Prices for materials used in packaging production
In this case, the factor is really key. Because the price of the material strongly influences the further development of business. The more expensive the raw material - the more money will have to demand from customers in the future.

The OPK Token

The token referred to in the previous paragraph goes by the name OPK, a token native to the OPN platform. It is liquid in form, which makes it tradeable in exchange platforms, and transferrable to other platform users as payment of goods or services. OPK tokens also act as a means to incentivize platform users. They can be earned as a reward for an honest bidding, for making a successful delivery of orders, for matching profiles, and for validating transactions. On the other hand, users may lose their stake of the tokens by conducting negative behavior or activities within the platform, just like, for instance, deliberately modifying the payment system or, in the case of validators, sending a wrong list.

Token Details:

Token name: OPK
Token Sale Duration: 01/10/2018 - 28/10/2018
Standard: ERC-20
Token to be sold: 30,000,000 OPK
Soft Cap: $6 million
Hard Cap: $30 million
Total Token Supply(max): 50,000,000 OPK
Token Purchase price: 1 USD = 1 OPK
Min Purchase: 50 OPK

Conclusion

Creating a decentralized platform that allows members of the community to independently manage the market is a great opportunity to get rid of cunning middlemen, huge commissions and other existing problems. Thanks to the open source code, each user of the platform will be able to create proposals and find conditions for mutually beneficial cooperation. To perform any actions inside the platform, you will have to use the currency of the project - but tokens can be obtained not only in exchange for another crypto-currency. Platform developers make it possible to buy coins using fiat means.Any collaboration inside the platform will be mutually beneficial and secure - intelligent contracts can guarantee users the security of transactions, their own funds and data.

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