Certainly not the worst. BTC bear market in 2013 lasted 2 years and saw a massive decline from $1173,- highs to $162,- lows.

Starting today, OST will be publishing weekly interviews with all the talent working at OST​. Starting with Adeole and Wouter of the Marketing Team of OST

Are you referring to this? OST KIT𝛂 Early Adopter Rewards Program

OST | Simple Token is hiring a Community Manager in Hong Kong! Community members step forward!  https://recruit.zohopublic.com/recruit/ViewJob.na?digest=ZmrHtYbqDUPdk8.eRn7Z1gsldxce320BG1zQYilNVHg-&embedsource=Embed

Only 100 Developer Slots Available. Don’t miss out: Earn 50,000 $OST Per Project! Deadline Friday April 6th 1pm UTC!

https://www.reddit.com/r/OSTdotcom/comments/89zz04/ost_kit_phase_ii_24h_left_to_apply_50000_ost_for/

It's not an Airdrop. Airdrop implies free distribution of tokens to all token holders. Which this is not. This is a distribution of tokens to a specific list of people who participated in the Early Adopter Rewards Program of OST KIT alpha. And only to those people. And not in equal amounts as some have perform better and thus will be rewarded with a larger amount of tokens. 🙏

With regards to the wallet. Yes, they are working on a consumer facing wallet that will be able to hold both OST and Branded Tokens created with OST. It will also enable users to exchange amongst each other. It was mentioned in the February Roadmap here: https://medium.com/ostdotcom/ostfeb-ost-monthly-roadmap-update-30e91dd064a3

These 2 video's give a good sense of what OST aims to do..

OST Intro 1 - Your Ticket To A More Powerful Business

OST Intro 2 - OST KIT⍺


Jason also explains it rather well in this interview from back in Nov 2017

Jason Goldberg Interview

There is someone on Soundcloud and Youtube who does a proper job explaining the workings and fundamentals behind Simple Token (OST):

https://soundcloud.com/glenhendriks/ost-economics-101-feb
https://www.youtube.com/watch?v=IShava4MW7A

Well worth a listen..

The roadmap indicates good progress on the project for the coming month an a half!

New exchanges and partner company announcements must be coming soon I bet.

And the CEO said more use cases incoming. Also there is supposed to be big news announcements in the next few days..

This is big:



So not only will companies be able to easily tokenize their business, they will also relase API's to app developpers for them to build OST based apps and earn OST by doing so.

That is true. I have talked to Jason (the CEO of Simple Token) about it. Theoretically there is no limit, but if you make 1000 Branded Tokens (BT) out of 1 Simple Token (OST), 1 BT would only have a value of $0.001 if 1 OST = $1,- 

To further detail.. this is what Jason said on the matter:

"A company before minting their first branded tokens can set the exchange rate of OST to BT at any rate you desire, but once you set it, it is fixed and cannot change. That ensures that companies don't change the rules on their customers.

So, let's say OST is trading at $1, and you set your exchange rate to 1 OST = 1000 BT. Then, each of your BT is initially worth $0.001.

The price of the BT does not fluctuate on its own, as it is not tradeable on secondary markets. So, each BT is always worth 1/1000th of and ST.

However, OST does fluctuate and could go to $2 or $10, or $.50.

A few factors come into play there.

First, price oracles could be used to set prices withing the company's branded token economy so that even if ST goes up and down, the relative price of the good or service in the Token Economy does not change. For instance, let's say in the example above that you allow your users to earn $.01 each time someone likes someone else's product review. By setting the value of the service at $0.01 using the price oracle, it would start off at 10BT per liked review, but would auto-adjust to say 20BT per liked if OST rose to $2.

The other concept that can be deployed is price stablization mechanisms. The company could sign up for a 3rd party to provide price stabilization to insulate its end users from price fluctuations. Imagine for instance if your user above earned 100,000 BT worth $100, and then the next day it was only worth $50 or suddenly was worth $250. The user would either lose faith in the system or could start hording or cashing out. With price stabilication mechanisms, the company could insulate its end users from wild swings in OST price, while the company uses upside for reserves/buffer against downward swings, a swell as the company could retain some profits from OST increases.

In general it would be nice to enable end users of BT to participate in at least some of the rewards of OST rising because of the community support for the various BT's, but at same time price stabilization mechanisms could be used to guard against unintended consequences from wild swings."

You'll take any weak excuse and small chance you get to bash OTN won't you, you desperate FUD'er? This was not even regarding the IQ Option platform, but order types on the exchanges in general..

To be fair.. this is what limit orders are for (or stop-limit orders)

I can't believe this trhead get's so little attention here. This poject is basically what Wordpress did for websites but then for companies that want a token economy without having to hire a whole blockchain development team.

Lol.. guys.. don't listen to Jamie FUD'er. He was SURE that OTN would only be $1,- before the new year began.. SO SURE!

Don't trust anything this guy says. After an airdrop it is very normal for the price to decrease a bit because people see it as 'free money'

The wallet will come in this quarter and the exchange will follow. Just hold.

Yesterday all IQ Option members got an email from the Founder & CEO of IQ Option. It gave a glimpse on further developments coming with OTN real soon. I'll leave this here:

"First and foremost, we’re due to release a simple app that would allow you to purchase, store, send, receive and of course — to sell back top cryptocurrencies (remember: you did not make any money until you sold your position!).

Secondly, we’re excited to reveal the IQ Exchange. The real marketplace for cryptocurrencies with the best possible service, so you can measure the depth of the market, analyse the structure of the current supply and demand, and off course build your order-strategy. "

herbex my man... We don't all put all of our eggs in 1 basket you know 

Besides that, I think OTN ahs a lot of potential. Not a lot of competition out there yet (that is more tailored towards traders that is). Something like Stellar Lumens will be a more convenient exchange for regular, non-traders folk.

Sure buddy.. I guess that's why the price surged again in the past week?  It went up to $19,- again on Wednesday, but then weak hands (much like yourself I imagine) couldn't help themselves from selling in fear of the price never reaching that high again.

They will be kicking themselves after Q1 of 2018 when OTN sits around $50,- again.