OTPPAY: Omni Token Platform for Payments
Introduction
We are in a new age of technology, with so much advancement in the crypto-world. Yet we find it 'difficult' to bridge the mile gap in payments and settlements or conversion of cryptocurrencies to the fiat currency. ‘Difficult’ as it implies, is now an understatement because the pain point of crypto to fiat conversion by the merchants has been bridged. Simply through an innovative artificial intelligence and machine learning based order/transaction matching engine which will convert any cryptocurrency to Otppay tokens and Otppay tokens to fiat currency.
About OTPPAY
OTPPAY is an ‘Omni Token for Payments’ which aims at creating an artificial intelligence based engine, that will match the buy/sell/exchange/pay requests in a fraction of seconds and counterbalance the settlements in fiat currencies.
By buiding a smart engine, Otppay can make the cryptocurreencies available for the common people and ensuring them equivalent fiat currencies to protect them from cryptocurrency market volatility by creating a stable fiat – crypto shift.
Tokens
The tokens act as utility tokens by which users can utilize in the financial transactions through our platform along with the other ctyptocurrencies or fiat currencies. The mechanism responsible for the asset exchange of Otp tokens will be structured in a way that Otp tokens will be utilized directly or indirectly on every transaction, so that the value will not deplete.
In otherworld, Otppay Tokens will be built on the self-appreciation mechanism that allows each and every transaction to be done on Otppay payment platform that in turn appreciates the value of the tokens in circulation.
Ecosystem
ICO
An approach taken towards the realization of this go-getting project and to bring the working products from concept to market is by initial coin offering (ICO). Below is the structure and fund allocation strategy
Pre ICO companies will start March 5 and April 3 Pre ICO will end.
1 goal to collect 3750 ETH
1 token OTP = 0.0000625 ETH
1 ETH = 16000
Bonus OO Pre ICO 20%
ICO Phase 1 will start on April 4 and May 3 will end.
Target 37500 ETH
1 Token OTP = 0.000125 ETH
1 ETH = 8000
ICO OTP ICO 15%
ICO The second phase will start on May 4 and end on June 2nd.
Target 30000 ETH
1 OTP = 0.000125 ETH
1 ETH = 8000 OTP
ICO bonus 10%
Post ICO
Note that Otp tokens will be issued only during different stages of our ICO.
Web: https://otppay.io
Twitter: https://twitter.com/otppay
Facebook: https://www.facebook.com/Otppay/
Telegram: https://t.me/otppaychat
White Paper: https://otypay.io/Assets/otppay-whitepaper/OTPPAY_White_paper_v1.1.pdf
Author: Eth-Jackcoin
https://bitcointalk.org/index.php?action=profile;u=1050377