Open Collectors Network

den360(31)

Published in

#ico

Words

630

Reading

3 min

Listen

Play

Good evening, dear friends.
Each person would like to have a unique object, and to be its Creator is twice as pleasant. With the advent of bitcoin, the world has embraced cryptocurrencies based on blockchain technology. With new technologies, everyone can create their own cryptocurrency, and therefore promote their business. But if most tokens on exchanges are interchangeable now, collection tokens are the only ones of their kind to be sold individually, thanks to the ERC721 standard.
Open Collectors Network is a decentralized platform that allows you to create and use your own unique tokens on the basis of standard specifications.
The Open Collectors network platform, built thanks to the Ethereum contract, will have the following advantages:

Openness. With open source code and compliance with the standard ERC721, the platform provides compatibility with existing tokens and previously created.
Decentralization. Taking advantage of the blockchain technology, the Open Collectors Network provides transparency and absolute security.
Usability. Clean and intuitive interface for beginners.
Absolute right of ownership. The platform does not request individual keys to wallets, thus granting the owners the right to possess unique elements.
The smooth establishment. Any user can create their own item, and you must follow some rules, thereby eliminating the possibility of creating a duplicate.
Spam protection. With the help of specialized algorithms, the uniqueness of the created tokens is realized, which will ensure the absence of duplicates in the market.
Interaction. The Creator of the element will be able to allow its improvement over time. You can also set the exact rules for this, which will increase the value of the object.

The platform already has several unique tokens: CryptoKitties, CryptoPunks or Decentraland, but their presence does not affect the creation of new tokens.
The Open Collectors Network https://opencollectors.network/ platform uses its own ECTO token to function,which is necessary for payment of fees and trading.
It is planned to release 150 000 000 ECTO. The distribution of tokens will be aimed not only at creating a platform and exchange, but also at marketing and attracting strategic partners.
ICO details
The name of the token - ECTO
The cost of token - 1 ETH - 6,000 ECTO
Softcap - 3 000 000 USD
Hardcap is $ 10 000 000
The token provides the following advantages:

discount system ( the more ECTO tokens are in your wallet, the more you get a discount);
rewards system (funds collected from fees will be distributed as rewards to users. The distribution will depend on the activity of the account and the number of ECTO tokens in the wallet.)
The platform uses the most popular wallets: Ethereum, Metamask.
Popular tokens will increase in value over time, so not only is it allowed to sell a currency or auction directly, but also to trade directly with another seller.
One of the main problems is uniqueness. After all, the popular tokens on the exchange will be subject to duplication. To do this, a number of rules have been created, which obliges each newly created token to go through a complex verification mechanism.
The first level of validation is automatic validation, using matching algorithms and setting a uniqueness score.The higher it is, the token can be generated. If the rating is low, it means that the token can be a duplicate and therefore its creation is impossible.
The blockchain technology will keep a history of the created tokens, thus allowing users to see the reputation rating and make a decision to purchase the token. The automatic verification algorithm is not fully disclosed as it is kept in trade secret.
All prototypes made by the pen Collectors Network development team are available in the public domain,which is already available. pen Collectors Network participates in various crypto, blockchain forums, enter into serious contracts.
More info in:
https://opencollectors.network/
https://opencollectors.network/layout/OpenCollectorsNetwork
https://www.facebook.com/OpenCollectorsNetwork
https://twitter.com/open_collectors