.

[OpenMoneyBTT]

What does this project offer though? Ethereums got an API as well, why would businesses use this blockchain rather than literally any other?

In simple words they are providing easy to use sdk fort app developers to enable Open money based in app purchases.

Yes that is correct. We are trying to make it a seamless experience for developers to integrate crypto into their applications. This would be a couple line of codes, rather than many lines of code just to get a ethereum transaction.

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[OpenMoneyBTT]

Will there be a minimum investment?

The minimum investment would be 50$ USD.

[erep]

What does this project offer though? Ethereums got an API as well, why would businesses use this blockchain rather than literally any other?

In simple words they are providing easy to use sdk fort app developers to enable Open money based in app purchases.

Yes that is correct. We are trying to make it a seamless experience for developers to integrate crypto into their applications. This would be a couple line of codes, rather than many lines of code just to get a ethereum transaction.

So in app purchases will be made through Open money token..!! What is the advantages of using it, as a developer will I get anything.?

[OpenMoneyBTT]

What does this project offer though? Ethereums got an API as well, why would businesses use this blockchain rather than literally any other?

In simple words they are providing easy to use sdk fort app developers to enable Open money based in app purchases.

Yes that is correct. We are trying to make it a seamless experience for developers to integrate crypto into their applications. This would be a couple line of codes, rather than many lines of code just to get a ethereum transaction.

So in app purchases will be made through Open money token..!! What is the advantages of using it, as a developer will I get anything.?

Hello erep, great question. Consumers will earn a premium on in-app purchases with OPEN Token. Developers who accept OPEN Token will stop paying for unwanted fiat-based chargebacks, high transaction fees and will benefit from prevention of fraudulent purchases.

You can read more about the benefits on our whitepaper: https://s3.amazonaws.com/openmoney/OPEN+White+Paper+v.2.pdf

[OpenMoneyBTT]

I will keep the content post campaign in mind when I read more about the upcoming technical paper. Thank you!

We look forward to reading your content posts savantsam!

[OpenMoneyBTT]

What does this project offer though? Ethereums got an API as well, why would businesses use this blockchain rather than literally any other?

Hi there! Thank you for stopping by! Open Money believes that the future of crypto depends on mainstream adoption, and that the most powerful vehicle for achieving this is by empowering consumer app developers to integrate the blockchain into their apps. This will open the door to 3.5 billion worldwide internet connected smartphone users. We build the industry standard tools necessary for these app developers to easily incorporate crypto monetization and distribution into their existing and future apps.

And there lies a very big market potential for OpenMoney. Once the project would already be on its way, we are looking at each smartphone owners to be potential customers for the infrastructure laid down by OpenMoney. As part of the cryptocurrency community, OpenMoney is doing business and at the same time putting itself at the forefront of the continuing push for mainstream adoption. An idea whose time has come can never be a failure especially if the team behind are committed and dedicated enough.

Great insights CryptoBry. Yes, the potential for massive adoption is huge because of the sheer number of smartphone users who hold crypto. Once we open the door to 3.5 billion worldwide internet-connected smartphone users, crypto spending will skyrocket. 

[OpenMoneyBTT]

Hey everyone,

Today we are looking to get people on board and writing about our project.

We've set aside a nice juicy part of our bounty program for this, but we need to give it a big push.

Can you write a blog post about Open Money?
Can you create an original video?
Are you on Medium? Steemit?

Whatever the style of content you feel comfortable creating - we want you on board!

Here's a link to submit your finished pieces of content:

http://go.openmoney.digital/l4oz

Don't forget! If you're looking to make some more points, this is a great opportunity!

Already working on some articles!
I hope to have them ready next week! I'm a huge fan of this program.

Great work you guys are doing.
Keep this up!

We look forward to reading your articles Thanks for your support!

[OpenMoneyBTT]

Hey everyone,

Today we are looking to get people on board and writing about our project.

We've set aside a nice juicy part of our bounty program for this, but we need to give it a big push.

Can you write a blog post about Open Money?
Can you create an original video?
Are you on Medium? Steemit?

Whatever the style of content you feel comfortable creating - we want you on board!

Here's a link to submit your finished pieces of content:

http://go.openmoney.digital/l4oz

Don't forget! If you're looking to make some more points, this is a great opportunity!

Will keep this in mind for the next big update. Probably will write about the new technical whitepaper.

Great! We look forward to your content posts about the technical whitepaper

[luksbit]

Well I did not understand the project well, it has similar characteristics to a framework but using blockchain? Any developer could use the framework?

[CryptoBry]

Hello erep, great question. Consumers will earn a premium on in-app purchases with OPEN Token. Developers who accept OPEN Token will stop paying for unwanted fiat-based chargebacks, high transaction fees and will benefit from prevention of fraudulent purchases.

You can read more about the benefits on our whitepaper: https://s3.amazonaws.com/openmoney/OPEN+White+Paper+v.2.pdf

I reviewed the WhitePaper because I want to fully understand the kind of vision and goals OpenMoney has to make this big dream a big reality. As what I said in another post, there should really be a line-up of good incentives that developers (and maybe the consumers also) can be enticed with to be a part of this program...and it is up to the marketing group to push the message. Good luck to all of us...we are all behind OpenMoney.

[OpenMoneyBTT]

to address some of the questions

Regarding the API, the API itself is used for and by developers to plug centralized components of their application stack (i.e database) and decentralized components i.e a blockchain or our Scaffold protocols

Because most applications require both a centralized and decentralized approach (whether you are building a Candy Crush, Netflix, Subscription Service or Enterprise software) the OPEN Platform is designed to give Plug and Play infrastructure for any developer to plug their apps into our Scaffolds and hash user state information into any smart contract enabled block chain.

The incentive for Developers

Outside of the first decentralized application platform for developers to plug and play - we have built Scaffolds to enable an easy way for developers to set and collect user information that can run on a blockchain. For example you can set that you accept in-app currency in your mobile application OR monthly subscription payments in your web app and your application will check users across the blockchain for payment state information i.e whether that person has 100 in app currency gems, or is or is not a premium member of your app - just a payments example using the platform.

Further our payments system enables all ERC20 tokens including Ether and Open Token to be accepted.

Developers will utilize and stake OPEN Token to initiate a Scaffold that their application will utilize to run on the Ethereum blockchain any smart contract blockchain or our own blockchain. Staked tokens within Scaffolds and our smart contracts will be distributed to the network of wallets carrying Open Token.

[levyashin]

So payments can be with Open Money or Ethereum tokens.

Why don't you do just Open Money exclusive? With Open Money growing, the token price also grows. If you put ethereum there, it may limit the growth of the token price.

[hopperclaim]

Really promissing. Keep my eye on

[OpenMoneyBTT]

Hey everyone - did you know that Open Money has the biggest, most exciting bounty program ever witnessed in the crypto world? We’re almost 40K people strong, and growing every day!
Don’t miss out - check here for more details: http://go.openmoney.digital/bountycontest

[levyashin]

Hey everyone - did you know that Open Money has the biggest, most exciting bounty program ever witnessed in the crypto world? We’re almost 40K people strong, and growing every day!
Don’t miss out - check here for more details: http://go.openmoney.digital/bountycontest

Yep, I even heard Open Money from there. First, i joined for get some easy buck, later on, decided to check project a bit. After checking it i was on board, didn't take too long to make a decision.

It is a great way to make people aware of your project also a very innovative way.

[nelson4lov]

Hey everyone - did you know that Open Money has the biggest, most exciting bounty program ever witnessed in the crypto world? We’re almost 40K people strong, and growing every day!
Don’t miss out - check here for more details: http://go.openmoney.digital/bountycontest

Great stuff. The Open Money team is utilizing the community support the right way. The bounty contest is the first of the kind as it involves deep Participation requirements and the end game are the juicy Open Money Tokens. I implore Everyone to be a part of it. Open Money will be huge

[ellerby123]

Hey everyone - did you know that Open Money has the biggest, most exciting bounty program ever witnessed in the crypto world? We’re almost 40K people strong, and growing every day!
Don’t miss out - check here for more details: http://go.openmoney.digital/bountycontest

I think the bounty contest is so successful because of how generous the bounty is. Keep up the good work!

[styca]

Hey everyone - did you know that Open Money has the biggest, most exciting bounty program ever witnessed in the crypto world? We’re almost 40K people strong, and growing every day!
Don’t miss out - check here for more details: http://go.openmoney.digital/bountycontest

Yes, it is an excellent bounty program and really stands out for creativity, professionalism and ease of use. These three things are becoming ever more associated with Open Money, and I think the bounty program gives a good demonstration of how we can expect the Open Money project to proceed. Very impressive, and I'm looking forward to watching the program develop.

[Forward_Thinking]

Hey everyone - did you know that Open Money has the biggest, most exciting bounty program ever witnessed in the crypto world? We’re almost 40K people strong, and growing every day!
Don’t miss out - check here for more details: http://go.openmoney.digital/bountycontest

I think the bounty contest is so successful because of how generous the bounty is. Keep up the good work!

What do you mean by generous? 3%? This is not the first ICO to offer a 3% bounty. Can you explain what you mean by generous?

[CryptoBry]

Hey everyone - did you know that Open Money has the biggest, most exciting bounty program ever witnessed in the crypto world? We’re almost 40K people strong, and growing every day!
Don’t miss out - check here for more details: http://go.openmoney.digital/bountycontest

You guys really know how to build a force online...having a good, loyal and strong community can go a long, long way towards the goals of OpenMoney. This initial community can be helping to push our mainstream adoption agenda aside from the fact that a good portion of this initial community can go on trading the tokens in many exchanges once available. I am getting excited just thinking about the possibilities that OpenMoney is right now building. The time has come, indeed!