crypto ico

Greetings Community, In this new post I will introduce about Otppay project, and for more details let's just go to the following discussion:

In the modern world, an increasing number of services and payment systems are in one form or another integrated with crypto currency technology. The number of new tokens is also growing rapidly, for this reason, there is a need to change the virtual coin between them and into paper money. On the Internet, there are many services for crypto currency withdrawal on bank cards, virtual wallets and payments for goods and services, but all are united by one disadvantage: a third party is involved in a conversion, which receives a commission for the operation. As a result, the use of crypto currency as a means of payment becomes unprofitable for small purchases - a commission for conversion in such transactions, often significantly exceeding the cost of the purchase itself.

The developers of the crypto currency platform OTPPAY present the financial system with a completely new product, a potential that far exceeds all existing payment systems.

To implement the OTPPAY function, Blockbunch technology is used, a capability that will allow the project to provide users with a variety of services and services that focus on one platform:

Decentralization, as a basic principle of Blocking Technology, will enable users to operate with any crypto currency in the world;
Instant confirmation of transactions will allow you to perform conversion operations for the exchange of one crypto currency for other currencies, as well as for fiat money;
Crediting the security of crypto currency;
Payments for goods and services worldwide, without the use of conversion operations on third party services;
Configurable security and anonymity operations.

The main objective of the OTPPAY platform is the comprehensive integration of crypto currency with existing financial and trading services. Security using the OTPPAY cryptography platform is provided by the built-in KYC (English-Know Your Client) algorithm. This system identifies platform users to minimize illegal activities.

Platform developers have announced an innovative approach to crypto currency transfer between wallets:

Non-contact NFС-payments;
Instant payment using QR code.
Both methods make OTPPAY foreign currency wallets a convenient and economical tool for everyday use. In addition, the OTPPAY platform offers users automation of exchange operations, for which the AI and ML algorithms will be used, choosing optimal exchange directions with minimum billing at the current time.

Earnings Model:

OTPPAY developers do not bypass the rapidly growing popularity of the exchange mills: this project provides users with automated tools to create and close orders for the purchase and sale of attractive crypto currency. Automation is achieved by using innate mechanisms to choose the most acceptable cost.

A phased implementation plan for the project:

The OTPPAY crypto-currency platform comes with its own OTP token. Support The ERC20 protocol platform lets you store OTP coins in popular crypto currency purses, the most acceptable of which is MyEtherWallet.
OTP token emissions are 1 billion coins, no additional issues. All token volumes will be distributed in the ICO and Vount enterprise processes, and are also intended for project development. All unallocated tokens will be destroyed, providing additional value and OTP guarantees to project investors.

Token Distribution:

OTP tokens will be distributed as follows:

Early coin offer - 600 million OTP:
5.03.2018 - 04/03/2018 - OTP pre-sale with 20% bonus
04/03/2018 - 03/05/2018 - the first phase of public sale with 15%
03.05.2018 - 02.06.2018 - the second phase of public sale with a bonus of 10%
Project reserves - 200 million OTP;
Vointy referral and campaign programs - 111 million OTP;
Strategic investors - 70 million OTP;
Development team compensation - 19 million OTP.

In general, the potential of the OTPPAY Blockbench platform enables to significantly expand the financial capabilities of users worldwide, as well as to complete trading operations with instruments such as loans and integration with crypto-exchange payment systems.