Today we'd like to discuss the OPEN Token economics a bit. OPEN Token gains the network effect of Bitcoin and Ethereum as it is utilized to enable all applications to accept all cryptocurrencies as infrastructure on the OPEN Platform.
A 20% Developer Pool is Maintained Daily
- For incentivizing developer on-boarding
- Staking and network user distribution mechanism for security 3% of all cryptocurrencies application payments are converted to OPEN daily
- Converted to Open via a public cryptocurrency exchange to maintain developer growth pool
- Covers self sustaining ecosystem growth costs 20% Maintained to incentivize developers' new applications
Can you see how powerful this architecture is?
Wow thanks for sharing OPEN. I never knew about this, and this is very powerful. This will definitely create a huge impact on the crypto network!