The possible uses cases for unique tokens is almost endless. We have several that are already implemented and more that we have thought about and working on. But more importantly, it's the ones we didn't think about that are most exciting: our platform is open to everyone and we expect innovative ideas to be implemented on top of our platform, especially since it abstracts away all blockchain related complexity.Big Data Business services Platform
|Start Date||12 Feb 2018|
|End Date||15 Apr 2018|
Open Collectors Network is the first decentralized platform for one-of-a-kind tokens, where everyone can seamlessly own, create, customize, interact with and trade individual tokens, on an open market, based on existing standard specifications.
The more read about the blockchain, the more we saw the beauty in it, and we knew that’s what we wanted to do from then on. But at some point it hit us: all the coins out there were just currency, and like money, they’re fungible. Whereas in our daily jobs, writing code is all about working with things that are non-fungible: like the list of company products, users, roles, services and so on. The list of possible use-cases for unique tokens is virtually endless: the entire IT industry depends on it, and if they converted to the blockchain, they’d get all the benefits decentralization brings: security, transparency, trust and the ease of attaching monetary value to something (virtual currency).
Non-fungible vs fungible
Best way to explain how we understand this concept, and how it applies to our project, is by example. Imagine you printed 1000 flyers and are handing them out on the street. You don't care which flyer you hand out from the stack, because they are all identical: same size, same content, same purpose etc. This collection of flyers is said to be fungible and it's equivalent to current crypto currencies: if you send someone 1 coin, it doesn't matter which one from your wallet it is, any one coin will do.
But let's consider now, another collection: paintings by famous artists. Already, we can tell a difference: though all of them are paintings, if you wanted to buy one, you wouldn't just pick randomly. You like some more than others, some are more expensive and so on. They're unique (nonfungible), as they are all one-of-a-kind and it does matter "which" one it is.
Our idea incubator will allow literally anyone who has an idea or a need for interacting with something that is unique or rare, to share his idea or simply support others’ ideas that he likes.
Operations on the platform are done using our own coin, the ECTO. It is needed to ensure fair usage of the platform and avoid spamming and overloading of the Ethereum network, especially with regards to the creation and trading of unique items.
In addition, having ECTO in your wallet also offers several benefits, according to a special proof-of-stake algorithm:
25% activity is measured in relation with the total activity by all users of the platform.
75% ECTO stake refers to the amount of ECTO you have in your wallet at the time of calculation.
This mechanism will be fully implemented into smart contracts, for added transparency and accountability.
- ERC721 standard analysis
- Collectible token mechanics & use cases analysis
- Marketing strategy draft
- Smart contracts draft
OCN smart contracts - demo version
- ERC721 standard implementation
- ECTO token smart contracts
- Trading smart contracts (demo)
OCN platform - version alpha
- Team expansion
- Smart contracts integration
- Metamask integration
- White paper
- Token sale mechanics
- Existing contracts deployed on mainnet
- PoC smart contracts deployed on Ropsten
- Team expansion
- Sprint planning
|Price in ICO||0.00015-0.00016 ETH|
|Tokens for Sale||97500000|
|Distributed in ICO||65%|
|Soft cap||3,000 ETH|
|Hard cap||15,000 ETH|