.

[OpenMoneyBTT]

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

[SidneyShow]

Плaниpyeтcя ли бayнти Facebook кoмпaния?

____________________


Is the company planning to bounty Facebook?

[SidneyShow]

Hello everybody!

Tell me, is there a Russian-language Slack-channel Open money?

____

Пpивeт вceм!

Cкaжитe, a ecть pyccкoязычный Slack-channel Open money?

[dikan]

When ico the end?

[ellerby123]

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

The API will prove to be instrumental in getting developers to adopt the blockchain because it makes it so easy for both users and developers to interact. It would be a no brainer, given the benefits of using smart contracts to transact, for developers to jump on this.

[OpenMoneyBTT]

Плaниpyeтcя ли бayнти Facebook кoмпaния?

____________________


Is the company planning to bounty Facebook?

Hello SidneyShow, join our bounty contest to earn Facebook stakes: http://bountycontest.openmoney.digital/2043

[OpenMoneyBTT]

Hello everybody!

Tell me, is there a Russian-language Slack-channel Open money?

____

Пpивeт вceм!

Cкaжитe, a ecть pyccкoязычный Slack-channel Open money?

Hello! There is no Russian Slack channel unfortunately. Here is the link to our current Slack channel if you haven't already joined: go.openmoney.digital/bslack

[OpenMoneyBTT]

When ico the end?

Hello dikan!

We currently don't have a start/finish date for our ICO. It should begin very soon though! We encourage you to stay tuned to our Slack and Telegram channels to not miss any updates. Our ICO will be scheduled for 1 month or until all the tokens are gone - whichever comes first.

[NakiRR]

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

how do you plan to interest big software developers to use your platform? they can issue their own tokens, wallets, API etc.

[dikan]

When ico the end?

Hello dikan!

We currently don't have a start/finish date for our ICO. It should begin very soon though! We encourage you to stay tuned to our Slack and Telegram channels to not miss any updates. Our ICO will be scheduled for 1 month or until all the tokens are gone - whichever comes first.

Oke thanks
What price per token for open money?

[OpenMoneyBTT]

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

[OpenMoneyBTT]

When ico the end?

Hello dikan!

We currently don't have a start/finish date for our ICO. It should begin very soon though! We encourage you to stay tuned to our Slack and Telegram channels to not miss any updates. Our ICO will be scheduled for 1 month or until all the tokens are gone - whichever comes first.

Oke thanks
What price per token for open money?

ICO price will start at $0.10 and then market will decide after that.

[ellerby123]

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

It's great to see OPEN Platform utilizing Tendermint to elevate the performance of their technology stack. Thanks for the update!

[SidneyShow]

Every day I make retweets on Twitter and reposts on Facebook.
Is this taken into account somewhere?

How is the remuneration for TELEGRAM / SLACK / TWITTER CAMPAIGN tracked?

Do I have to write some reports on this?

How does this work?

Explain, please, who understood.

[OpenMoneyBTT]

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

[NakiRR]

When ico the end?

Its not even started 

[NakiRR]

When ico the end?

Hello dikan!

We currently don't have a start/finish date for our ICO. It should begin very soon though! We encourage you to stay tuned to our Slack and Telegram channels to not miss any updates. Our ICO will be scheduled for 1 month or until all the tokens are gone - whichever comes first.

Oke thanks
What price per token for open money?

ICO price will start at $0.10 and then market will decide after that.

good, fair price of the token, i think

[ellerby123]

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

I think it's fair to say that lower fees and less lag time to process payments are things that ALL app developers want. This is a great value proposition for OPEN Platform to convince mainstream app developers to adopt blockchain technology. Very excited for what the future holds.

[lionray]

Joined the bounty of twitter,slack,telegram. Good luck in dev

[dikan]

Good projeck. I hope succes