As cryptocurrency trading keeps growing immensely with more and more people joining the trade, the demand for crypto payment platforms is also increasing. There have been many of such platforms but there are still a few of them which can bridge the conversion of cryptocurrency to the fiat money and vice-versa. OTPPAY is a new cryptocurrency platform that focuses on the counterbalance of fiat currencies settlement.
OTPPAY Missions
The company claims that the platform they are creating is a unique crypto payment platform in a way that it gives chance to users to use various types of cryptocurrencies as well as fiat money to pay for services products and services of merchants across the globe. All of the transaction processes are conducted safely and conveniently. Moreover, it is also said that the system protects customers’ assets from market volatility. Combining conventional security standard of fiat money and latest blockchain technology, OTPPAY is trying to assist users in global e-commerce and business transaction. In addition to blockchain technology, the platform also uses other technologies such as API, AI, and cross-border eKYC interfaces.
How OTPPAY Works
OTPPAY works by providing some features that ease users to deal with cryptocurrency trade. The platform where all of the transactions are made and requested is called Omni Token Platform. Whenever there is a user who asks for a service, the platform will automatically proceed the request quickly and with low fees. All of the users who use the platform are verified through eKYC. Once their data and account are verified, they can immediately start trading. There is an auto-trading feature that saves costumers’ client. So here, the only thing customers need to do is just to assign the pre-set values and that’s all. The platform app will do the rest.
Also, through the platform that is installed on your phone, it will be easy to access mobile wallets where customers can have a flexible exchange of crypto/fiat. The app is a kind of user-friendly mobile up that allows anyone to enjoy the benefits of cryptocurrency market.
ICO Sales and Fund Allocation
OTPPAY management has set a schedule and target for OTP sales. There ICO sales are divided into three phases. On March 4th, pre-ICO will start. The end date will be on April 3rd. After the pre-sale, there will be ICO sale that will last for about one month from April 4th, 2018 to May 3rd, 2018. It is followed directly by ICO sale 2 starting on May 4th, 2018 until June 2nd, 2018. If you want to participate, it’s better to save the dates.
From the three stages of ICO sales, OTPPAY will earn funds to fuel their project. The largest amount of the token total value, which is about 40%, will be used to develop technical things in the platform such as developing the engineering and service, API infrastructure, AI core engine, and sort of. Meanwhile, the rest of the ICO funds will be allocated for operational costs, marketing activities and promotion, partnerships activities, legal regulation, and miscellaneous expenses.
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written by - shofodun1
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