Of recent I have been making a lot of research on ICOs and picking out the ones with great prospects. In this Article I will be discussing a highly innovative project known as OPEN COLLECTOR NETWORK. Let’s take a critical look at the project and see how you can benefit from it.
WHAT IS OPEN COLLECTOR NETWORK?
The OPEN COLLECTORS NETWORK platform is a blockchain platform that can boast of being the first decentralized one-of-a-kind tokens that permits everyone to create, own, customize, interact with and trade individual tokens. The team that built this all important platform saw that all the coins in circulation were just currencies and is fungible (that is they are replaceable) and decided to build something that is non-fungible thereby making it easy for the IT industry to join the blockchain revolution.
The major aim of the OPEN COLLECTOR team is to create the very first decentralized platform that will help in facilitating storing and interacting with non-fungible tokens (that is tokens that are irreplaceable). There is no doubt that there will be a huge demand for this platform by programmers or anyone who will be using the OPEN COLLECTOR NETWORK web interface for the creation of unique items because this platform is the bomb and a major breakthrough in the blockchain industry.
USES OF THE OPEN COLLECTOR NETWORK TOKEN
Unique tokens such as the OPEN COLLECTOR NETWORK token have a lot of uses but I will be showing us a few of them. Below are some of the uses of this Token:
Ø Artists: It will also interest you to know that any kind of artistic content can be kept in a public ledger; this will serve as a means of copyright known as tokenized copyright which is cheap and fast. This platform will bring that to your doorstep via the blockchain technology.
Ø Businesses: With this platform it will be possible for any business or freelancer to tokenize their individual products, no matter what the produsctis
Ø Discounts: This platform will partner with companies which can tokenize their products. With this, a user who loves Mercedes products can create or buy different Mercedes unique tokens and with which he or the OPEN COLLECTOR NETWORK team can approach the company and get a discount for him as a reward. This is one of the coolest things I have heard this year.
Ø Auction houses: On this platform, inventory of houses can be maintained on the public ledger; this will help increase trust among people who wants to buy. The system has been designed in such a way that after the house is sold, the unique token associated with it can be transferred to the buyer’s wallet.
OPEN COLLECTOR NETWORK TOKEN
The OPEN COLLECTOR NETWORK has a token known as ECTO token utility which powers all operations on this platform. This will help in ensuring fair usage of the platform also help in avoiding spamming and overloading of the Ethereum network. If this is not done, the privilege given to users to create and trade unique items might be abused. The users and holders of the ECTO utility token gets periodically rewarded. When you have ECTO utility token in your wallet, you have discounts for all operations, voting rights for features that the platform should implement which means you a part of the development of the platform and you will also be receiving airdrops periodically in the form of ECTO airdrops (this will be based on the amount of ECTO utility token you hold and also activities on the platform. The ECTO token is a very unique token. Below is the token creation flow:
OPEN COLLECTOR NETWORK TOKEN DISTRIBUTION
There are a total of 150,000,000 ECTO utility tokens and 100,500,000 will go to the public, that is, 2% goes to bounty campaign while 65% goes to public sale;
OPEN COLLECTOR NETWORK ICO FUND DISTRIBUTION
The team planned to put more emphasis on marketing and attracting strategic partners in addition to development of an exchange platform and this will help in making this project a huge success.
OPEN COLLECTOR NETWORK ROADMAP
The team has been working tirelessly and from the diagram below you will see how far they have gone with this project.
OPEN COLLECTOR NETWORK TEAM
The OPEN COLLECTOR NETWORK has a hardworking team with over 50 years of combined programming, product management, testing and marketing experience. Below are some of the members of the team:
I urge you to be a part of this great innovation, buy into the ICO and you will have me to thank later.
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