Currently,
one of the biggest issues facing the cryptographic market is crypto for
fiat or crypto transfer fiat. Using fiat for crypto exchange causes the
additional cost that the buyer pays. Another problem is the fact that
traders can not accept cryptococcal payments without disclosing the risk
of losing a certain amount in USD.
This is where OTPPAY wants to make changes. Their mission is to create a world-class crypto-dome exchange where you can easily transfer fiat to cryptocurrency, cryptocurrency to cryptocurrency, cryptocurrency to fiat and even fiat for fiat.
OTPPAY thrives to bridge the distance between Crypto and Fiat. Their main focus is to bring the crypto to the layman from day to day. In addition, their protocol will discuss Transactions Per Second (TPS) & Cost Per Second (CPS) through value-sharing techniques and intelligent swapping procedures.
Our OTPPAY security framework will be outlined by consolidating customary money security guidelines and the most recent blockchain innovation. We will go about as an impetus to empower online business exchanges and cross-fringe exchanges on time that will decrease the reliance of forex media.
The pain point of crypto to fiat conversion by the merchant is bridged. Yes, trough our innovative artificial intelligence and machine learning based order/transaction matching engines will convert any cryptocurrency to OTPPAY tokens and OTPPAY tokens to fiat currency just in time. OTPPAY is a unique payment platform, which will have a way to use their favourite cryptocurrency in order to pay the vendors/merchants instantly.
We provide vendors with the safety and convenience of receiving funds in fiat currency. One can even change the primary payment option from any cryptocurrency to OTPPAY tokens or fiat currency instantly, thus by protecting them from cryptocurrency market volatility. Our OTPPAY security system will be designed with the blend of traditional fiat currency security standards and latest blockchain technology. We will be acting as the catalyst to enable the just in time cross-border e-commerce and business transactions which will reduce the dependency of forex mediums. Our solution will disrupt the forex/cross-border financial market instantly.
OTPPAY believes that the cryptocurrency era will require a much wider development community than just a few crypto banks. For this reason, OTPPAY is providing an open platform that enables companies to build their own products using OTPPAY API (Merchant, Exchange, Affiliate, Developers, Blockchain as service (BAS)). Many of the features of the mobile platform will be made available for developers to use in their own payment applications and solutions. The below is the basic level functional diagram of distributed payment architecture and AI-powered request matching engine.
For the full recognition of cryptocurrency one of the currency units required to meet the following functions:
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.
Pre-sale:
Hard Cap: 71250 ETH
The structure of the ICO
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.
Conclusion
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.
Platform | Ethereum
Type | ERC20
PreICO price | 16000 TKN = 1 ETH
Price in ICO | 1 OTP = 0.0000625 ETH
Pre ICO | 20%
Referral | 5%
Tokens for sale | 600,000,000
Distributed in ICO | 60%
Soft cap | 1,250 ETH
Hard cap | 71,250 ETH
Whitepaper: https://otppay.io/Assets/otppay-whitepaper/OTPPAY_White_paper_v1.1.pdf
Twitter: https://twitter.com/otppay
Facebook: https://www.facebook.com/Otppay/
Telegram: https://t.me/otppaychat
Ann Thread: https://bitcointalk.org/index.php?topic=2874336.0
Medium: https://medium.com/@atotppay
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1964049
ETH Address: 0x941C6ca63C1855a2c4B5aAC13B4729fF816f5fDb
This is where OTPPAY wants to make changes. Their mission is to create a world-class crypto-dome exchange where you can easily transfer fiat to cryptocurrency, cryptocurrency to cryptocurrency, cryptocurrency to fiat and even fiat for fiat.
OTPPAY thrives to bridge the distance between Crypto and Fiat. Their main focus is to bring the crypto to the layman from day to day. In addition, their protocol will discuss Transactions Per Second (TPS) & Cost Per Second (CPS) through value-sharing techniques and intelligent swapping procedures.
What Is OTPPAY?
OTPPAY is "Omni Token Stage for Installments", Wallet fueled Blockchain (Purchase | Offer | Trade and Pay). OTPPAY will be the biggest stage on the planet where all major crypto resources can be purchased, exchanged and even made installments to traders requiring little to no effort specifically or escrow based.Our OTPPAY security framework will be outlined by consolidating customary money security guidelines and the most recent blockchain innovation. We will go about as an impetus to empower online business exchanges and cross-fringe exchanges on time that will decrease the reliance of forex media.
The pain point of crypto to fiat conversion by the merchant is bridged. Yes, trough our innovative artificial intelligence and machine learning based order/transaction matching engines will convert any cryptocurrency to OTPPAY tokens and OTPPAY tokens to fiat currency just in time. OTPPAY is a unique payment platform, which will have a way to use their favourite cryptocurrency in order to pay the vendors/merchants instantly.
We provide vendors with the safety and convenience of receiving funds in fiat currency. One can even change the primary payment option from any cryptocurrency to OTPPAY tokens or fiat currency instantly, thus by protecting them from cryptocurrency market volatility. Our OTPPAY security system will be designed with the blend of traditional fiat currency security standards and latest blockchain technology. We will be acting as the catalyst to enable the just in time cross-border e-commerce and business transactions which will reduce the dependency of forex mediums. Our solution will disrupt the forex/cross-border financial market instantly.
OTPPAY Disruptive Ecosystem
OTPPAY create dynamic payment architecture with Artificial Intelligence, Machine Learning along with big data analytics to come up with a solution which will bridge the gap between crypto to fiat payments. We take all the possible scenarios as input conditions and varying the coordinates by the multi-layered classifiers like payment trends, requests velocity, connectivity, crypto to fiat conversion rate, crypto holding rate, fiat holding rate, value equalizers, real-time payments, asset value influencers, TPS analyzers, predictive analyzers, JIT analyzers, Intelligent security monitors, data Vs time synchronization and many more. The outcomes will be researched and a unique, disruptive platform will be created (Omni Token Platform), which will drastically reduce the time consumed for crypto payments and increases the scalability with negligible transaction charges.OTPPAY believes that the cryptocurrency era will require a much wider development community than just a few crypto banks. For this reason, OTPPAY is providing an open platform that enables companies to build their own products using OTPPAY API (Merchant, Exchange, Affiliate, Developers, Blockchain as service (BAS)). Many of the features of the mobile platform will be made available for developers to use in their own payment applications and solutions. The below is the basic level functional diagram of distributed payment architecture and AI-powered request matching engine.
For the full recognition of cryptocurrency one of the currency units required to meet the following functions:
- Measure of value
- Medium of circulation
- Means of payment
- Medium of circulation
- A means of accumulation
- World money
ICO
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.
Pre-sale:
- 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
Hard Cap: 71250 ETH
The structure of the ICO
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.
Conclusion
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.
Token info
Token | OTPPlatform | Ethereum
Type | ERC20
PreICO price | 16000 TKN = 1 ETH
Price in ICO | 1 OTP = 0.0000625 ETH
BONUS
KYC BONUS (Presale Only) 25%Pre ICO | 20%
Referral | 5%
Tokens for sale | 600,000,000
Investment info
Accepting | ETHDistributed in ICO | 60%
Soft cap | 1,250 ETH
Hard cap | 71,250 ETH
Allocation
OTPPAY Roadmap
Visit OTPPAY on
Website: https://otppay.io/#Whitepaper: https://otppay.io/Assets/otppay-whitepaper/OTPPAY_White_paper_v1.1.pdf
Twitter: https://twitter.com/otppay
Facebook: https://www.facebook.com/Otppay/
Telegram: https://t.me/otppaychat
Ann Thread: https://bitcointalk.org/index.php?topic=2874336.0
Medium: https://medium.com/@atotppay
Author by
Bitcointalk Username: Kartika1Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1964049
ETH Address: 0x941C6ca63C1855a2c4B5aAC13B4729fF816f5fDb
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