Website

Otppay (OTP)

ICO

Last updated: May 04, 2018

OTPPAY is an “Omni Token Platform for Payments”, the Blockchain powered Wallet (Buy | Sell | Exchange & Pay).

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Overview

Project industry	Finance Services & Banking
Product type	App
Whitepaper	Open

What is Otppay

OTPPAY will be the platform in which all major crypto assets can be bought, traded and make payments to the merchants at low fees and escrow based. The pain point of crypto to fiat conversion by the merchant is bridged.

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.

Details

Pre-sales: Mar 05, 2018 - Apr 03, 2018
Public sales: Apr 04, 2018 - Jun 02, 2018
Pre-sale token supply: 60000000
Token supply: 540000000
Soft cap: 1,250ETH
Hard cap: 42,075,300 USD(fiat)
Raised: 1,344,700 USD

Bounty

Bounty: 6%
Translation: 20%
Social media: 50%
Bitcoin talk signature campaign: 30 %

Token info

Ticker: OTP
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 OTP = 0.04733 USD
Token price in ETH: 1 Token = 0.000125 ETH
Accepted currencies: ETH
Bonus program:
In Pre Sale - 1ETH = 16,000 Tokens + Bonus (20%)
In Stage I ICO - 1 ETH = 8,000 Tokens + Bonus (15%)
In Stage II ICO - 1 ETH = 8,000 Tokens + Bonus (10%)
Note: 5% referral bonus for all participants.
Token distribution:
60% - ICO Token Supply
20% - OTP Reserved
11.1% - Bonus & Referral
7% - Private Investors
1.9% - Employee & Public Contributors
Funds allocation:
40% - Engineering & Development
15% - Operational expenses
12% - Marketing & promotional
10% - Partner engagement
10% - Banking Licences & Approvals
10% - Legal
3% - Miscellaneous