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Ovato (OVT)

ICO

Ovato provides a unique solution for merchants, enabling them to reduce the costs of their loyalty-rewards program by as much as 87 percent, while at the same time providing a secure platform to be able to easily conduct daily business anywhere in
the world. Additionally, merchants will be able to market directly to the Ovato community, potentially allowing small businesses a much broader audience.

The Smart Contract platform lets merchants offer special deals and promotions to Ovato users in real time, which we believe will help businesses to uniquely position themselves, scale their business, and attract customers during low volume business cycles.

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Overview

Project industryFinance Services & Banking
Product typeCryptocurrency
FoundedSingapore

What is Ovato

With the introduction of a universal token for loyalty-reward, earning, and giving, the Ovato Token provides the perfect solution to the challenges facing today’s loyalty rewards programs.

The token, along with its associated applications, will offer both consumers and businesses with a far more compelling proposition and greater incentives to conduct transactions securely, and at signifcantly reduced costs. As a result, the residual value of benefts will be strengthened for all participants.

Ovato provides a unique and secure solution on the blockchain using an ERC20 token, and a limited number of tokens will be issued. Distribution of Ovato tokens through mainstream merchants to their existing customer base will create a network effect benefcial to anyone holding them.

The current estimated worth of the loyalty reward industry is $65 billion and is forecast to grow to $100 billion by the year 2020.

One of the most exciting elements of the Ovato Smart Coin is the ability for users to use the coin in a variety of ways.

The Ovato Coin empowers users with the ability to not only spend the coin with participating merchants, but they can also share the coin with friends, relatives, merchants, and virtually anyone. Both consumer and merchants can earn additional coins for referring new users.

We believe that the features of the Ovato Smart Coin combined with the mass distribution and adoption planned with our distribution partners suggests the coin will be a phenomenal success while providing a signicant social impact.

Details

Pre-sales: Apr 02, 2018 - Apr 23, 2018
Public sales: Apr 24, 2018 - Jun 28, 2018
Pre-sale token supply: 1,000,000 OVT
Token supply: 16,000,000 OVT
Hard cap: 30,350,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: China
Registration country: Singapore
Registration year: 2018
Office address: 60 Paya Lebar Rd, Singapore 409051

Token info

Ticker: OVT
Type: Cryptocurrency
Token price in USD: 1 OVT = 2 USD
Accepted currencies: ETH, BTC
Bonus program:
Private pre-sale discount: 70% for the 1st 1,000,000
Pre sale discount: 50% for the 5,000,000
Token sale (B) discount: 25%
Token sale (C) discount: 12.5%
Token sale (D) discount: 0%
Token distribution:
3% - Pre ICO
47% - ICO
5% - Bounty Program
14% - Team
15% - Distribution Partners
16% - Affiliated Marketers, Advisors and Consultants
Funds allocation:
6% - Aftermarket Awareness
7% - Support
15% - Technology
15% - Affliate Services
27% - User Rewards (On Board Marketing)
30% - Merchant Services (On Boarding).

Ovato Roadmap

1
SINCE 2016

Bitovation Formed

2
EARLY 2016

Seed Round complete Bitovation

3
2017

First quarter Ovato Formed

4
Q2 2018

Completion All Token Sales A,B,C,D

5
Q3

PLATFORM RELEASE FOR US,UK,CIS MARKETS

6
Q1 2020

Continued Marketing of the Brand

Project team

Seth Kamlet
Seth Kamlet
CEO Ovato
Seth Kamlet linkedin
Albert Aimers
Albert Aimers
Investor, Advisor and Business Affairs
Albert Aimers linkedin
Roger Yack
Roger Yack
President Bitovation
Roger Yack linkedin
Tyler Knowels
Tyler Knowels
VP Communications

Social media

Ovato web-siteOvato RedditOvatoYouTubeOvato TelegramOvato InstagramOvato BTCTalkOvato TwitterOvato Facebook

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