Post
Topic
Board Tokens (Altcoins)
[Ann] [OTN] Open Trading Network | OTN Token | Uniting the crypto world
by
OpenTN
on 02/10/2017, 12:26:14 UTC
Welcome to the Official Open Trading Network [OTN] Thread.

This is the place where you can find our latest news regarding development, product releases, list of major participants, volume achievements, important events and more!








Discuss OTN in your native language:    English  Pyccкий    Deutsch    Português  Italiano


What is OTN?

Open Trading Network (OTN) is a global cross-chain trading ecosystem which is aimed to give every market participant a range of products to obtain maximum blockchain guarantees and, at the same time, offers full range of comfort instruments at their disposal. OTN is made to integrate all market makers and asset holders through efficient tokenization. OTN is created to provide easy-to-use products for mass-market and interfaces for regulators. OTN is built to be open and unite everyone in a single trading space. In other words, we aim to create an accessible global cross-chain market where everyone is connected and empowered.

Our path is different. We aim to build a product-first solution. This means every step of our roadmap is made for people to try and use immediately. This is possible as we have partnerships with strong market players and already have enough financial support to handle development and marketing.




What is an OTN token?

Open Trading Network will use OTN coin as base internal currency, and all collateral logic and exchange transactions will depend on it. This currency will be implemented as part of our custom blockchain. During our advancement to OTN future, we plan to continuously release new products for clients connected to parts of OTN platform as we build them. And that’s why we launch Ethereum ERC20 token - OTN token - which will be used as substitution for OTN coin while blockchain is under development (there will be one to one conversion at the moment of launch). OTN token can be used with available products right away - from the 9th of October IQ Option broker will accept OTN tokens to pay for commission on crypto instruments trading.

The total supply of OTN tokens is fixed. We want to efficiently tokenize all assets inside the trading ecosystem, but also to make it simple and accessible to all market participants by developing additional tools for it.

To speed up the evolution of the network we want to distribute OTN tokens to crypto traders and professional participants who will become active users of the network we are creating.


What OTN has to offer



Our advantages, ​ideas ​​and ​​innovations.
How ​OTN ​differs from ​​other ​​DEXs.


OTN is being designed and built as an integrated part of IQ Option's functioning trading platform. Our approach is based on the analysis of the needs of 23 million IQ Option users.

We see it fit to innovate:







OTN Token Giveaway Structure

STARTS: October 9th, 2017



Why there is no ICO



                                                                                                    
How to get OTN tokens?

You can get OTN tokens as a reward for trading cryptocurrencies on the IQ Option platform or purchase it on crypto exchanges. Each trader gets an amount of tokens matching the commission paid on crypto instruments.


How to use and benefit from your OTN tokens

You can use your OTN token on IQ Option platform when trading to pay for your trades’ commissions or add your tokens to your OTN Wallet and sell them on the exchange. Another option is to convert your OTN tokens in OTN coins and put them on the Open Trading Network (OTN system) to pay for transactions on the network and enjoy a scheme of commission revenue from the network transactions.

 
Roadmap




Team

The OTN Foundation has been cooperating from the outset with commercial organizations such as IQ Option, which provides financial, technological, and human resources for the development of the network. IQ Option employs more than 550 employees, and more than 220 of them are top engineers who will make up the pool of OTN network developers.


Exchanges

Livecoin.net
Cryptopia
Yobit
HitBTC

Bounty and reward program

Going to be announced soon