Hi there everyone!
We want to remind you that we are being extremely active on Medium! We are a few followers away from reaching 1000!
If you haven't completed task number 23 in our bounty contest, please do so! You will earn 200 stakes by simply following us on Medium!

Hi there folks!

We recently just published a new medium post to help you understand a little bit more about what counts as a Security. All around, it's an awesome read!

Feel free to check it out:

https://medium.com/@theOPENPlatform/what-counts-as-a-security-f52d2e77b407

Hi there folks!

We recently just published a new medium post to help you understand a little bit more about what counts as a Security. All around, it's an awesome read!

Feel free to check it out:

https://medium.com/@theOPENPlatform/what-counts-as-a-security-f52d2e77b407

Hi there folks!

A new Call for Content has been added to our bounty contest!

Please don't forget to follow our terms and conditions:

Calls for Content give you a unique chance of earning an extremely big amount of stakes in our contest compared to any other regular task. Each for content will allow you to earn **500 stakes** in our contest.
However, in order to qualify for these stakes, you must follow our terms and conditions. It is important to note that if you try to game our system **you will be disqualified from our contest**. If we noticed suspicious activity in your account at any moment throughout our contest, your account will be flagged and you will not receive your tokens. Every account will be thoroughly inspected before we distribute tokens to your ETH wallets. Thus, don't try to take advantage of our system because we guarantee that we will catch you.
**Providing invalid URLs or submitting content that you didn't personally write will get you automatically disqualified.**
Please follow our guidelines in order to not be disqualified:

Must be original content (can't publish the same piece twice)
Written content must be at least 450 words
Audio and video content must be at least 2 minutes
Must discuss OPEN in a positive light
Must include a link back to our website using this url: http://go.openmoney.digital/3lm0
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


To all of those creating awesome content... Thank you! Keep it up!

To all our Spanish speaking participants: ¡Feliz día de los Reyes Magos!

This year they will be stuffing your shoes with powerful and valuable OPEN tokens!

We are hard at work ramping up for an amazing 2018 - so fasten your seatbelts and get ready for a wild and exciting ride!

Hey everyone - one of the key ideas that OPEN has been talking about since the very beginning of our project is the upcoming mainstream adoption of cryptocurrencies.
In fact, today we published an article analyzing whether we're fast approaching a tipping point. One thing to consider is that as the blockchain permeates the way people and companies do business, they don't necessarily have to have a deep understanding of the underlying mechanics of the technology.
Platforms like OPEN will make it easier for developers (and people in general) to utilize cryptocurrencies without the need to become "experts".
Check out our Medium post and let us know what you think!
https://medium.com/@theOPENPlatform/cryptocurrencies-are-we-approaching-the-tipping-point-57642dcb0106

Hey everyone - one of the key ideas that OPEN has been talking about since the very beginning of our project is the upcoming mainstream adoption of cryptocurrencies.
In fact, today we published an article analyzing whether we're fast approaching a tipping point. One thing to consider is that as the blockchain permeates the way people and companies do business, they don't necessarily have to have a deep understanding of the underlying mechanics of the technology.
Platforms like OPEN will make it easier for developers (and people in general) to utilize cryptocurrencies without the need to become "experts".
Check out our Medium post and let us know what you think!
https://medium.com/@theOPENPlatform/cryptocurrencies-are-we-approaching-the-tipping-point-57642dcb0106

Hey everyone, today we'd like to ask your opinion on a piece of news. Did you hear that Belarus is considering ICOs, cryptocurrencies and making them tax free? Here's a post we wrote about it: https://medium.com/@theOPENPlatform/belarus-looks-to-legalize-icos-cryptocurrencies-make-them-tax-free-af257896d52c
What do you think? Is it a smart move? Should bigger nations do the same? What are the pros and cons?

Hey everyone, today we'd like to ask your opinion on a piece of news. Did you hear that Belarus is considering ICOs, cryptocurrencies and making them tax free? Here's a post we wrote about it:

https://medium.com/@theOPENPlatform/belarus-looks-to-legalize-icos-cryptocurrencies-make-them-tax-free-af257896d52c

What do you think? Is it a smart move? Should bigger nations do the same? What are the pros and cons?

Hey there,

We will be announcing important updates very soon regarding our ICO and the overall future of OPEN.

**2018 is definitely going to be an exciting year for us, and we are ready to rock and roll!**

That said, I feel obligated to say that we need to make things clear for all the participants of our bounty contest. We have one of the biggest crowds ever seen in a bounty contest and we are completely aware of what this implies. **Having a big crowd behind us is an amazing thing**that we're incredibly proud of. However, there are a few negatives that go along with the huge audience that we've created...

We have noticed that there have been quite a few of you who have tried to cheat our system.

Some of you have submitted inadequate responses to our calls for content. Others simply haven't followed our terms and conditions hoping to earn a few extra stakes in our contest.

**This is not going to be allowed.** All accounts will be audited before we distribute tokens and any irregularities in your activity within our contest will be thoroughly revised. **Cheaters will be subject to penalties and disqualifications.** It's not worth trying to outsmart us. You will only lose time.

If you want to make things right, feel free to shoot us a message on telegram or slack. We have people willing to help you.

To the huge majority who are participating correctly, following our terms and conditions, thank you. It means a lot to us.

We appreciate everyone's patience and collaboration.

Thanks again and I sincerely hope you have a wonderful 2018.

Hey there,

We will be announcing important updates very soon regarding our ICO and the overall future of OPEN.

**2018 is definitely going to be an exciting year for us, and we are ready to rock and roll!**

That said, I feel obligated to say that we need to make things clear for all the participants of our bounty contest. We have one of the biggest crowds ever seen in a bounty contest and we are completely aware of what this implies. **Having a big crowd behind us is an amazing thing**that we're incredibly proud of. However, there are a few negatives that go along with the huge audience that we've created...

We have noticed that there have been quite a few of you who have tried to cheat our system.

Some of you have submitted inadequate responses to our calls for content. Others simply haven't followed our terms and conditions hoping to earn a few extra stakes in our contest.

**This is not going to be allowed.** All accounts will be audited before we distribute tokens and any irregularities in your activity within our contest will be thoroughly revised. **Cheaters will be subject to penalties and disqualifications.** It's not worth trying to outsmart us. You will only lose time.

If you want to make things right, feel free to shoot us a message on telegram or slack. We have people willing to help you.

To the huge majority who are participating correctly, following our terms and conditions, thank you. It means a lot to us.

We appreciate everyone's patience and collaboration.

Thanks again and I sincerely hope you have a wonderful 2018.

Hey there,
2017 is closing down and before it's over the whole team here at OPEN would like to send you all a giant THANK YOU! Without your support, feedback and perseverance we wouldn't be so close to making a huge splash in the cryptocurrency world. 2018 is going to be full of really exciting news and we can't wait to see all of you succeed thanks to your participation in our project. Enjoy the rest of your year!

Hey there,

2017 is closing down and before it's over the whole team here at OPEN would like to send you all a giant THANK YOU! Without your support, feedback and perseverance we wouldn't be so close to making a huge splash in the cryptocurrency world. 2018 is going to be full of really exciting news and we can't wait to see all of you succeed thanks to your participation in our project. Enjoy the rest of your year!

Hey everyone - let's start the year off on the right foot. We are fast approaching the public launch of the OPEN Platform ICO and I know you're all interested in receiving your bounty tokens. Just be careful to follow our guidelines, and PLEASE don't try and game the system. CHEATERS WILL NOT RECEIVE TOKENS. We are carefully observing how our bounty participants are working and are super excited about sharing the profits with those of you who are playing by the rules and doing such a great job!

Hey everyone - let's start the year off on the right foot. We are fast approaching the public launch of the OPEN Platform ICO and I know you're all interested in receiving your bounty tokens. Just be careful to follow our guidelines, and PLEASE don't try and game the system. CHEATERS WILL NOT RECEIVE TOKENS. We are carefully observing how our bounty participants are working and are super excited about sharing the profits with those of you who are playing by the rules and doing such a great job!

If cryptocurrency is to become mainstream, and we at the OPEN Platform believe it will, changes or additions will need to be made to current systems in order to help usher in its adoption in a seamless manner, to heal those growing pains. We take the roadblocks to consumer adoption very seriously, so naturally we asked the question: what’s missing for the would-be cryptocurrency consumer?

Aside from the obvious – you can’t yet use cryptocurrency in conventional applications or on most existing websites as a form of payment, something we are actively solving – the thing that struck us as much-needed are receipts. Where are they?

As it stands, it’s convoluted at best and impossible at worst to produce an actual receipt for a cryptocurrency transaction. Outside of using a service like ethscan or blokchchain.info to prove a transaction occurred between digital wallets (and even this isn’t a complete solve), it’s pretty hard for the average person to prove they sent payment to a specific person for a specific thing, and conversely pretty difficult to prove the opposite.

That’s why we’ve created the OPEN State – an immutable, irrefutable, permanent receipt that lives on the blockchain. It can handle any type of payment transaction you can imagine, from movie tickets to subscription services and more. And, since its backed by the blockchain, it’s a receipt you can’t lose or alter. Not only is this great for cryptocurrency adoption, it’s great for businesses and consumers at large.

For more information, check out our white paper!

If cryptocurrency is to become mainstream, and we at the OPEN Platform believe it will, changes or additions will need to be made to current systems in order to help usher in its adoption in a seamless manner, to heal those growing pains. We take the roadblocks to consumer adoption very seriously, so naturally we asked the question: what’s missing for the would-be cryptocurrency consumer?

Aside from the obvious – you can’t yet use cryptocurrency in conventional applications or on most existing websites as a form of payment, something we are actively solving – the thing that struck us as much-needed are receipts. Where are they?

As it stands, it’s convoluted at best and impossible at worst to produce an actual receipt for a cryptocurrency transaction. Outside of using a service like ethscan or blokchchain.info to prove a transaction occurred between digital wallets (and even this isn’t a complete solve), it’s pretty hard for the average person to prove they sent payment to a specific person for a specific thing, and conversely pretty difficult to prove the opposite.

That’s why we’ve created the OPEN State – an immutable, irrefutable, permanent receipt that lives on the blockchain. It can handle any type of payment transaction you can imagine, from movie tickets to subscription services and more. And, since its backed by the blockchain, it’s a receipt you can’t lose or alter. Not only is this great for cryptocurrency adoption, it’s great for businesses and consumers at large.

For more information, check out our white paper!

Recently, we have seen a single game, CryptoKitties, take up 15% of the network capacity for Ethereum. This is a perfect example of the primary issues that are faced when preparing the blockchain for the mass market. To fully realize its potential, the the platform needs to have faster transaction flow while maintaining its decentralized state.

Right now, the volume of transactions that can be processed on the blockchain at any given point of time is slow, whereas Visa can process around 50,000 transactions per second, Bitcoin can only take about 3 per second, and Ethereum can take about 15 per second.

 When we consider that Visa accounts for 150 million transactions per day on its own, the need for change is clear. There is no clear winner for scalability on the blockchain, but from the scope of the applications the basic goal is to increase the volume of the throughput by “sharding the chains” and then connecting them with some larger chains.

OPEN is committed to providing software developers the tools they need to overcome scalability issues that may effect their applications. By leveraging the benefits of both on-chain and off-chain databases, we allow them to continue to utilize their traditional database technology while porting to the blockchain only the functionalities that make sense to do so.

For more information, check out our white paper.

Recently, we have seen a single game, CryptoKitties, take up 15% of the network capacity for Ethereum. This is a perfect example of the primary issues that are faced when preparing the blockchain for the mass market. To fully realize its potential, the the platform needs to have faster transaction flow while maintaining its decentralized state.

Right now, the volume of transactions that can be processed on the blockchain at any given point of time is slow, whereas Visa can process around 50,000 transactions per second, Bitcoin can only take about 3 per second, and Ethereum can take about 15 per second.

 When we consider that Visa accounts for 150 million transactions per day on its own, the need for change is clear. There is no clear winner for scalability on the blockchain, but from the scope of the applications the basic goal is to increase the volume of the throughput by “sharding the chains” and then connecting them with some larger chains.

OPEN is committed to providing software developers the tools they need to overcome scalability issues that may effect their applications. By leveraging the benefits of both on-chain and off-chain databases, we allow them to continue to utilize their traditional database technology while porting to the blockchain only the functionalities that make sense to do so.

For more information, check out our white paper.

Hey everyone - just a reminder: 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 valid participants based on the number of entries/stakes earned.