Open Platform ICO
Table of contents:
- Open Platform
- Purpose
- Problems and solutions
- Advantages
- How it works
- ICO Details
- Conclusion
Open Platform ICO
OPEN PLATFORM is a plug-in development platform focused on providing a payment infrastructure for both DApps and mainstream application developers to accelerate the adoption of decentralized technologies. The company itself compares its OPEN API with an analogue in the centralized world, with the STRIPE API (an easy-to-use plug-and-play payment automation service for developers). That is, to use OPEN PLATFORM you do not need to have knowledge in the field of blockade and solidity. In OPEN PLATFORM it is believed that centralized services do not meet the needs of applications on the blockroom.
OPEN develops the application infrastructure necessary for the payment process on any unit:
- to accept crypto-currencies;
- processing of the payment scheme (for example, one-time payment, monthly subscription, in-game currency);
- Tracking, verification and authorization of users who purchased on the block;
- confirmation that the buyer who bought the digital asset (product / service) does have access to this asset;
- update through a friendly API developers;
OPEN PLATFORM considers itself the only company of its kind that will accept any crypto currency on any block, using any payment scheme. The platform is designed to replace in the decentralized world services such as the App Store. In short, this will allow monetizing both DApps and classic applications of companies such as Netflix and others. Buyers with OPEN WALLET will always be able to track which application, what they bought, whether the subscription is valid and so on. OPEN PLATFORM plans to encourage adoption of the platform by developers. OPENToken is necessary for developers to activate their applications on the platform, as well as to stimulate developers. The OmiseGO wallet SDK will be used to connect to OmiseGO DEX, which will allow developers to use various crypto-currencies.
Goal
Implement a very meager design for development needs and development resources in the interests of the parties wishing to integrate these services. Most software developers prefer to integrate proven tools into their applications instead of trying to duplicate their functionality for hours.
- Implementation of open scaffold and open API
- Allow the application to accept users and automatically check the buyers on the blockchain.
- Instability in accepting crypto currency with your application.
- Incorporate the advantages of decentralized architecture and the strength of your backend together
Problems and solutions
At the moment, the functionality that opens is trying to provide its platform and API, primarily transactions with payment systems. The open API will allow you to already use the functionality present in external libraries such as web3.js and ETHJS to develop a secure way of interacting with the blockbuster. With this implementation, the discovery will open up the potential of blocking technology in order to radically change the way applications are built, arranged, reliable and monetized.
Currently, there is no simple solution for application developers to integrate blocking technology into their core infrastructure. This project is designed for a certain application pricing scheme and the ability to determine which users on a decentralized platform have met the conditions of a specific pricing scheme, i.e. electronic pay or missing in the application currency are not available.
Centralized display systems are incredibly flawed, which can easily be eliminated by incorporating aspects of the decentralized stack. Often, developers must go through a lengthy audit process to a centralized drawing, in which each application update is thorough, often as a result of a long delay, developers publish their latest updates containing more effective data structures and pricing models. There are still problems with payment confirmation gateways like the current thread in the purchase application to go through countless processes and third parties, adding extra time and cost to the developer account.
Benefits
• An open money token will use a smart contract for blocking, provides for measures to prevent fraud and enhance monetization options
• The Open Marker will be the Currency used to make purchases from the API in the application, however the Platform will fully support and accept all major digital tokens
Technical information
The technical architecture of introducing open money is divided into two main elements: an open platform API-interface rest itself well as an SDK with support for JS, iOS, Android and responsive native. The open-money SDK allows the functionality of the platform on behalf of the software developer. The functionality of the SDK includes tasks required to access platform functions, such as handling all communication and payment processes between the backend of the developer and opening up the backend money, managing developer accounts, and security-related processes.
• Neo commerce with open source, oriented approach to the chain of blocks
• Iota distributed in the registry, the Internet was built to provide the basic infrastructure.
• OmiseGo, crypto-wallet, which makes it possible to develop mercenaries of the purse infrastructure.
Buyers with OPEN WALLET will always be able to track which application, what they bought, whether the subscription is valid and so on. OPEN PLATFORM plans to encourage adoption of the platform by developers. OPENToken is necessary for developers to activate their applications on the platform, as well as to stimulate developers. The OmiseGO wallet SDK will be used to connect to OmiseGO DEX, which will allow developers to use various crypto-currencies.
How does it work
Payment Gateway Application
The payment gateway open acts like any other centralized payment gateway except that it will be faster than the times of transactions, reducing fees, and checking through the block. Developers can access the payment function using the open API in the same way that they use third-party payment systems, making any application immediately available to the crypto currency.
Gaming Flexibility Apps
The game and application developers can choose to conduct calculations at this, convert to another crypto currency or even Fiat, at the point of sale. Enabling successful Fiat gaming applications to automatically connect to the crypto currency market and accept crypto-currencies.
Decentralized Users
Our open state serves as a decentralized and secure property acquisition. How to multiply our open scaffold, receipts for the user's payment is stored in the locker, and developers or users can be viewed at any time. The inclusion in the verification process of payments through the block, bringing the necessary verification by the developers for decentralized applications and their decentralized payments.
Replace app store and third parties
Accept payments in the target environment, eliminating significant hosting fees and payment environments, such as app stores. Scaffolds use the open to accept crypto-currencies for any payment scheme that can use your application with immediate operation and no waiting period to receive your funds.
Details of ICO
• Symbol: OPN
• Max delivery marker: 1,000,000,000 DEB
• General Circulation: 500,000,000
• Hard Cap: $ 30 million
• Marker for the price: 1 OPN = 0.08 USD
Conclusion
Whether or not to invest in a project and make money on it is already up to you. But I must say that the development team from Latvia did well to implement it. They also want to develop a full-fledged advertising network that could be used to host advertisements and messages, as well as embedding it in a variety of social networks and various resources of this type.
- More information can be found here:
- WebSitе
- Whitepaper
- BitcoinTalk
- Telegram
Nice read with this article. Well, I'm gonna add info about OPEN..
Open is available now on exchange. It was Kucoin(First exchange). Kucoin is a good start to make OPEN more popular. The more popular the OPEN is, The more profits it has.