One of the most important innovations introduced by the OPEN Platform is the developer wallet. This wallet not only allows the developer to keep track of the scaffolds that she has created, but it also allows the developer to receive funds immediately after the user pays. This is a huge benefit. Currently with in-app purchases made through the app stores, developers are forced to wait between 30 and 60 days to receive their funds. Exciting, no?

One of the most important innovations introduced by the OPEN Platform is the developer wallet. This wallet not only allows the developer to keep track of the scaffolds that she has created, but it also allows the developer to receive funds immediately after the user pays. This is a huge benefit. Currently with in-app purchases made through the app stores, developers are forced to wait between 30 and 60 days to receive their funds. Exciting, no?

And here we go again! CHANCE TO EARN 500 ENTRIES IN OUR CONTEST!


What you have to do:

Create and publish an original piece of content that mentions Open Money! You can write a blog post, publish an article, record a video, do a podcast... We love them all.


Requirements to earn bounty stakes:

1. Must be original content
2. Written content must be at least 450 words
3. Audio and video content must be at least 2 minutes
4. Must discuss Open Money in a positive light
5. Must include a link back to our website using this url: http://go.openmoney.digital/3lm0
6. You must submit the URL to your published content as an answer to the custom action on our bounty contest - **you'll get 500 stakes!**. Sign up here if you haven't already http://go.openmoney.digital/bountycontest

And here we go again! CHANCE TO EARN 500 ENTRIES IN OUR CONTEST!


What you have to do:

Create and publish an original piece of content that mentions Open Money! You can write a blog post, publish an article, record a video, do a podcast... We love them all.


Requirements to earn bounty stakes:

1. Must be original content
2. Written content must be at least 450 words
3. Audio and video content must be at least 2 minutes
4. Must discuss Open Money in a positive light
5. Must include a link back to our website using this url: http://go.openmoney.digital/3lm0
6. You must submit the URL to your published content as an answer to the custom action on our bounty contest - **you'll get 500 stakes!**. Sign up here if you haven't already http://go.openmoney.digital/bountycontest

We keep getting asked this question every day. What exactly does it mean to have 1000 entries in our bounty contest? Does this translate to 1000 tokens? Here's the explanation:

The number of entries/stakes earned in the bounty contest does not correspond with the number of tokens that each participant will earn. Instead, at the end of the bounty contest (when the public ICO has concluded) the dedicated pool of tokens will be divided proportionally between all participants based on the number of entries/stakes earned.

This is why we keep encouraging you to keep sharing your referral link as well as completing all the different tasks that we have available. The more entries you have at the end of the contest, the more tokens you'll receive!

We keep getting asked this question every day. What exactly does it mean to have 1000 entries in our bounty contest? Does this translate to 1000 tokens? Here's the explanation:

The number of entries/stakes earned in the bounty contest does not correspond with the number of tokens that each participant will earn. Instead, at the end of the bounty contest (when the public ICO has concluded) the dedicated pool of tokens will be divided proportionally between all participants based on the number of entries/stakes earned.

This is why we keep encouraging you to keep sharing your referral link as well as completing all the different tasks that we have available. The more entries you have at the end of the contest, the more tokens you'll receive!

You might be wondering how developers’ databases and the decentralized blockchain fit together using the OPEN Platform?

Well, the current payment structure for in-app purchases relies on accepting payment through various centralized systems that finally result in the application’s protected database being updated. What if there was a way to bypass all of those centralized entities, immediately accept and process payment in a multitude of currencies including crypto, and update the application database accordingly? This is what OPEN Platform accomplishes by bringing a decentralized solution to the developer. By connecting the developer’s centralized database to the blockchain, they can avoid the centralized payment structure that causes delay and fees, but also without completely altering their existing backend. OPEN’s solution is easily implemented and modular, taking the best parts of a decentralized approach and leaving the strength of existing centralized databases for developers. This is accomplished by the OPEN platform stacked solution: API, Scaffolds, OPENWallet and more. Read about it in our whitepaper! http://go.openmoney.digital/obmtwp

You might be wondering how developers’ databases and the decentralized blockchain fit together using the OPEN Platform?

Well, the current payment structure for in-app purchases relies on accepting payment through various centralized systems that finally result in the application’s protected database being updated. What if there was a way to bypass all of those centralized entities, immediately accept and process payment in a multitude of currencies including crypto, and update the application database accordingly? This is what OPEN Platform accomplishes by bringing a decentralized solution to the developer. By connecting the developer’s centralized database to the blockchain, they can avoid the centralized payment structure that causes delay and fees, but also without completely altering their existing backend. OPEN’s solution is easily implemented and modular, taking the best parts of a decentralized approach and leaving the strength of existing centralized databases for developers. This is accomplished by the OPEN platform stacked solution: API, Scaffolds, OPENWallet and more. Read about it in our whitepaper! http://go.openmoney.digital/obmtwp

Hey everyone, someone asked us about Tendermint and how it interacts with the OPEN Platform, so I thought I'd explain.

Put simply, Tendermint allows for much faster transaction times on the blockchain. As opposed to the Ethereum network which may take a few seonds, Tendermint can acheive thousands of transactions per second. This will greatly improve throughput of the system as well as lower transaction fees. WIth its ability to replicate state machines on its blockchain, OPEN’s smart contracts can be utilized making an easy transition when ready. We love Blockchain solutions that work together for easy future improvements, and you can read more about it in our whitepaper! http://go.openmoney.digital/obmtwp

Hey everyone, someone asked us about Tendermint and how it interacts with the OPEN Platform, so I thought I'd explain.

Put simply, Tendermint allows for much faster transaction times on the blockchain. As opposed to the Ethereum network which may take a few seonds, Tendermint can acheive thousands of transactions per second. This will greatly improve throughput of the system as well as lower transaction fees. WIth its ability to replicate state machines on its blockchain, OPEN’s smart contracts can be utilized making an easy transition when ready. We love Blockchain solutions that work together for easy future improvements, and you can read more about it in our whitepaper! http://go.openmoney.digital/obmtwp

Hi there!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

Hi there everyone!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

The OPEN Platform is one that is built with a purpose that truly reflects its namesake - to create an OPEN ecosystem that drives innovation and evolution of the blockchain and drives its adoption by the mainstream.  It's most important properties are: Ease of Use for Developers, an Innvative Payments Solution and Rocket Fuel for Mainstream Adoption. For all the details, check out our new technical white paper here: http://go.openmoney.digital/obmtwp

The OPEN Platform is one that is built with a purpose that truly reflects its namesake - to create an OPEN ecosystem that drives innovation and evolution of the blockchain and drives its adoption by the mainstream.  It's most important properties are: Ease of Use for Developers, an Innvative Payments Solution and Rocket Fuel for Mainstream Adoption. For all the details, check out our new technical white paper here: http://go.openmoney.digital/obmtwp

Some of you have been asking for an example of how the OPEN Platform would work. In this example, we will go over a very brief explanation of how it is planned.  A dating app’s developer offers users an option to upgrade to a premium membership. They will implement the OPEN Platform to have faster access to funds, including cryptocurrency.

1. The developer creates a Scaffold for his dating app. The Scaffold is customized for his premium subscription model using OPEN Platform’s API.
2. The Scaffold is activated using OPEN Token.
3. Joe is having no luck dating lately and wishes to become a premium subscriber and using his OPEN Wallet, sends crypto of his choice to the Scaffold (enabled through the OPEN API)
4. The Scaffold receives the funds, checks all the properties of the transaction and when all parameters are satisfied, automatically sends the cryptocurrency to the developer as well as provides Joe with an OPEN_State as having paid for a premium membership.
5. The applicaiton’s database verifies that Joe has paid for the premium membership and Joe is granted the premium membership.
6. Joe finds and marries the love of his life! (They later have 6 kids and get a divorce, but that's a different story)

This was a very simplified version of a use case. Read in much more detail in our whitepaper and find out what other great things can come from the use of the OPEN Platform! http://go.openmoney.digital/obmtwp

Some of you have been asking for an example of how the OPEN Platform would work. In this example, we will go over a very brief explanation of how it is planned.  A dating app’s developer offers users an option to upgrade to a premium membership. They will implement the OPEN Platform to have faster access to funds, including cryptocurrency.

1. The developer creates a Scaffold for his dating app. The Scaffold is customized for his premium subscription model using OPEN Platform’s API.
2. The Scaffold is activated using OPEN Token.
3. Joe is having no luck dating lately and wishes to become a premium subscriber and using his OPEN Wallet, sends crypto of his choice to the Scaffold (enabled through the OPEN API)
4. The Scaffold receives the funds, checks all the properties of the transaction and when all parameters are satisfied, automatically sends the cryptocurrency to the developer as well as provides Joe with an OPEN_State as having paid for a premium membership.
5. The applicaiton’s database verifies that Joe has paid for the premium membership and Joe is granted the premium membership.
6. Joe finds and marries the love of his life! (They later have 6 kids and get a divorce, but that's a different story)

This was a very simplified version of a use case. Read in much more detail in our whitepaper and find out what other great things can come from the use of the OPEN Platform! http://go.openmoney.digital/obmtwp

ATTENTION FOLKS, you can now earn up to 500 EXTRA STAKES in our bounty contest! This is what you need to do: Use one of the following topics as inspiration and create and publish an original piece of content that mentions ICOToday!

You can write a blog post, publish an article, record a video, do a podcast...

We love them all.

Feel free to pick one of the topics below and make it yours. It doesn’t have to be exactly the same. Or better yet, come up with something even better and more engaging. Be creative!

Requirements to earn bounty stakes:

1. Must be original content
2. Written content must be at least 450 words
3. Audio and video content must be at least 2 minutes
4. Must discuss ICOToday in a positive light
5. Must include a link back to our website using this url: http://go.icotoday.io/y35n (http://go.openmoney.digital/3lm0)
6. You must submit the URL to your published content as an answer to the custom action on our bounty contest. Sign up here if you haven’t already
    http://go.icotoday.io/bountycontest
    

Topics

1. The ICO Industry is broken - 5 Ways to Fix It
2. Why The ICO industry needs a Rating Agency.
3. Philadelphia startup looking to bring order to chaotic ICO industry
4. seekingalpha for ICOs
5. How Can We Make participating in ICOs simpler?
6. Why the ICO Industry Needs to Grow Up
7. 4 Lessons the ICO Industry Should Learn From Wall St
8. 5 Ideas to Help Eradicate ICO Scams
9. Why Top Notch ICO Analyses Are So Important
10. To Be Taken Seriously The ICO Industry Must Do This

ATTENTION FOLKS, you can now earn up to 500 EXTRA STAKES in our bounty contest! This is what you need to do: Use one of the following topics as inspiration and create and publish an original piece of content that mentions ICOToday!

You can write a blog post, publish an article, record a video, do a podcast...

We love them all.

Feel free to pick one of the topics below and make it yours. It doesn’t have to be exactly the same. Or better yet, come up with something even better and more engaging. Be creative!

Requirements to earn bounty stakes:

1. Must be original content
2. Written content must be at least 450 words
3. Audio and video content must be at least 2 minutes
4. Must discuss ICOToday in a positive light
5. Must include a link back to our website using this url: http://go.icotoday.io/y35n (http://go.openmoney.digital/3lm0)
6. You must submit the URL to your published content as an answer to the custom action on our bounty contest. Sign up here if you haven’t already
    http://go.icotoday.io/bountycontest
     

Topics

1. The ICO Industry is broken - 5 Ways to Fix It
2. Why The ICO industry needs a Rating Agency.
3. Philadelphia startup looking to bring order to chaotic ICO industry
4. seekingalpha for ICOs
5. How Can We Make participating in ICOs simpler?
6. Why the ICO Industry Needs to Grow Up
7. 4 Lessons the ICO Industry Should Learn From Wall St
8. 5 Ideas to Help Eradicate ICO Scams
9. Why Top Notch ICO Analyses Are So Important
10. To Be Taken Seriously The ICO Industry Must Do This

Hey everyone, today we'd like to talk about the value that OPEN provides.

The OPEN Platform enables users and developers of mainstream apps to use and accept cryptocurrency while avoiding restrictions imposed by current payment infrastrucftures. The platform provides a technology stack that addresses the problems developers face for in-app purchases. These problems include centralized merchant entities that charge fees for their service and long wait periods to access the funds. The OPEN platform solution solves these problems by utilizing the blockchain and bridging the gap between users, the developer and the application database. This is done through Scaffolds, an intelligent solution for storing data on the blockchain. There is no need to flood the ecosystem with a multitiude of tokens for various in-app items as this would lead to unnecessary complexity.Now there is truly a way for decentralized payment in addition to accepting cryptocurrency in mainstream applications. By providing open source tools and a utility token for this technology stack, we encourage adoption and invovlement in the OPEN ecosystem. Other benefits of the OPEN platform include being easy to implement with very little re-work of existing applications and redistribution of gains after staking a token to token holders.

Please read more about all of OPEN platform's features in the whitepaper! http://go.openmoney.digital/obmtwp

Hey everyone, today we'd like to talk about the value that OPEN provides.

The OPEN Platform enables users and developers of mainstream apps to use and accept cryptocurrency while avoiding restrictions imposed by current payment infrastrucftures. The platform provides a technology stack that addresses the problems developers face for in-app purchases. These problems include centralized merchant entities that charge fees for their service and long wait periods to access the funds. The OPEN platform solution solves these problems by utilizing the blockchain and bridging the gap between users, the developer and the application database. This is done through Scaffolds, an intelligent solution for storing data on the blockchain. There is no need to flood the ecosystem with a multitiude of tokens for various in-app items as this would lead to unnecessary complexity.Now there is truly a way for decentralized payment in addition to accepting cryptocurrency in mainstream applications. By providing open source tools and a utility token for this technology stack, we encourage adoption and invovlement in the OPEN ecosystem. Other benefits of the OPEN platform include being easy to implement with very little re-work of existing applications and redistribution of gains after staking a token to token holders.

Please read more about all of OPEN platform's features in the whitepaper! http://go.openmoney.digital/obmtwp