During the development of blockchain technology is occurring, there is one colossal problem remain unresolved. At the moment, there is no convenient workable connection between cryptocurrency and fiat money. Many projects are trying to shift cryptocurrency in the real world, however, now there is no able full payment system to provide this process. Shopping in stores, payment for services, the use of cryptocurrency in everyday life is not developed at the moment.
Cryptocurrency as a means of circulation is still not used. One of those projects that are trying to fix it is OTPPAY.
OTPPAY (”Omni Token Platform for Payments") is a wallet built on blockchain technology, which allows you to buy, sell and exchange cryptocurrencies for a variety of money, goods, and services.
OTPPAY is a payment platform that allows you to instantly make payments from the buyer to the seller. The platform guarantees the seller a safe and convenient receipt of funds in fiat currency.
In the process of creating a universal trading acquiring, the platform provides all sellers with a unique identifier embedded in the QR-code, so that users can instantly make payments only by scanning QR. The company focuses on making much lower fees compared to any traditional payment platforms.
OTPPAY uses pre-made solutions that are already used by payment systems for payment, such as payment by fingerprint, payment on the go. The team implements them in its platform in order to make the user feel as comfortable as possible to work with it.
OTPPAY also plans to create a traditional debit card.
During the ICO it is planned to sell 600 million tokens together with 111 million for bonuses and rewards.
To take part in the ICO is sufficient to send the ETH to the desired address. Tokens will be automatically sent to you. Of course, it must be an ERC20 wallet.
5 March 2018-3 April 2018, 1 ETH = 16 000 Tokens + bonus (20%), the amount of funds to be collected — 3 750 ETH
4 April 2018-3 may 2018, 8 000 Tokens + bonus (15%), the amount of funds to be collected — 37 500 ETH
4 May 2018 - 2 June 2018, 8 000 Tokens + bonus (10%), the amount of funds to be collected — 30 000 ETH
1250 ETH
71250 ETH
It is planned to issue 1 billion tokens, 200 million of which are reserved for development. 70 million will be allocated for cooperation and partnership. 16 million will be directed to employees. Unsold tokens will be burned.
At the moment, there is no workable payment system that can ensure the use of cryptocurrency in the fiat world. Who knows, maybe OTPPAY will be able to change that.
►WEBSITE: https://otppay.io/
►WHITEPAPER: https://otppay.io/Assets/otppay-whitepaper/OTPPAY_White_paper_v1.1.pdf
►TELEGRAM: https://t.me/otppaychat
►FACEBOOK: https://www.facebook.com/Otppay/
►TWITTER: https://twitter.com/otppay
►BITCOINTALK BOUNTY THREAD: https://bitcointalk.org/index.php?topic=3042849.0
►BITCOINTALK ANN THREAD: https://bitcointalk.org/index.php?topic=2874336.0