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ellerby123
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November 29, 2017, 08:10:07 PM |
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At OPEN we believe there are 3 things holding back the blockchain community: Users, Uses and Usability.
Users: Crypto needs to open the doors millions of new users and by empowering mainstream software apps, we know this can happen.
Uses: It's time for it to become EASY to spend crypto, and in-app purchases are a great way for this to come true.
Usability: Bridging the gap between the current community and the wide open market can't depend on starting everything from zero. By allowing developers to incorporate the blockchain into their apps with FAMILIAR tools, we're eliminating a steep learning curve and an important barrier.
What do you think? Ready for a blockchain revolution?
I think bridging the gap is the biggest challenge. OPEN Platform will definitely lower the barrier to entry into blockchain for app developers. |
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OpenMoneyBTT
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November 29, 2017, 09:35:35 PM |
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This looks like a very interesting project, joining social media, twitter, slack and possibly more
Thanks for your support Vladbit444! We appreciate it  Make sure to stay updated on our Slack and Telegram channels as well. |
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OpenMoneyBTT
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November 29, 2017, 09:38:17 PM |
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I'm reading your whitepaper and I can't find mentions about the hardcap. Will you write about it later? The last project I've seen had 15millions hardcap (Snovio) and it seems pretty achievable. What are your plans?
Hey prodifter, thanks for giving our white paper a read! We will be distributing 180 million OPEN Token in our ICO at a starting price of $0.10. Therefore, our hard cap is approximately $18 million. |
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OpenMoneyBTT
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November 30, 2017, 02:08:17 PM |
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A lot of people have asked how OPEN plans to scale our service. You see, we believe not everything needs to be decentralized as there are still advantages to centralized systems. There are clear benefits when applied correctly to solve a problem and not all situations call for a blockchain solution.
In OPEN Platform’s case, the problem we address is the in-app purchasing system: how payments are received and ultimately affect an application’s centralized platform. The application database is complex and protected and lies squarely in the developer's domain. Attempting to apply a blockchain for the database would not be practical; it would just mean a loss of efficiency and loads of re-work by the developer.
The centralized systems that are replaced by our blockchain solution are all the payment channels needed today: user’s bank, merchant bank, payment provider, etc. Our Scaffold smart contracts allow payment to be direct between User and Developer. The Scaffold also acts as a link between the User and the Application Database. Payment for the specific purchase can be confirmed and affect the Database, completing the transaction. The advantage for this solution is clear, avoiding the fees imposed by those centralized payment entities, accepting cryptocurrency, and instant access to the transaction funds.
Selectively applying blockchain technology can provide great benefits for a system, leaving the centralized and decentralized portions to do what they do best. It also makes scaling apps a whole lot easier. For a more comprehensive description of the OPEN Platform solution, please have a look at our whitepaper!
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ellerby123
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November 30, 2017, 08:08:54 PM |
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A lot of people have asked how OPEN plans to scale our service. You see, we believe not everything needs to be decentralized as there are still advantages to centralized systems. There are clear benefits when applied correctly to solve a problem and not all situations call for a blockchain solution.
In OPEN Platform’s case, the problem we address is the in-app purchasing system: how payments are received and ultimately affect an application’s centralized platform. The application database is complex and protected and lies squarely in the developer's domain. Attempting to apply a blockchain for the database would not be practical; it would just mean a loss of efficiency and loads of re-work by the developer.
The centralized systems that are replaced by our blockchain solution are all the payment channels needed today: user’s bank, merchant bank, payment provider, etc. Our Scaffold smart contracts allow payment to be direct between User and Developer. The Scaffold also acts as a link between the User and the Application Database. Payment for the specific purchase can be confirmed and affect the Database, completing the transaction. The advantage for this solution is clear, avoiding the fees imposed by those centralized payment entities, accepting cryptocurrency, and instant access to the transaction funds.
Selectively applying blockchain technology can provide great benefits for a system, leaving the centralized and decentralized portions to do what they do best. It also makes scaling apps a whole lot easier. For a more comprehensive description of the OPEN Platform solution, please have a look at our whitepaper!
Thank you for the explanation. Taking the best of both decentralized and centralized technologies is the way to go. |
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Jmesser80
Member
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Activity: 67
Merit: 10
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November 30, 2017, 09:29:16 PM |
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I signed up for the signature campaign, I really like the look of your project and you team looks solid. I need to dive deeper into the white paper I wasnt able to look all the way through it before i had to go to work but I will look into it further later on tonight. am glad I stumbled upon this thread. Thank You Open Money! |
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gulek89
Newbie
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Activity: 62
Merit: 0
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December 01, 2017, 12:02:18 PM |
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Dude wtf? The links are redirecting to a bank page. This looks like scam.
Этo пoxoжe нa oчeнь интepecный пpoeкт, включaющий coциaльныe мeдиa, твиттep, cлaбинy и, вoзмoжнo, бoльшe |
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OpenMoneyBTT
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December 01, 2017, 01:54:58 PM |
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I signed up for the signature campaign, I really like the look of your project and you team looks solid. I need to dive deeper into the white paper I wasnt able to look all the way through it before i had to go to work but I will look into it further later on tonight. am glad I stumbled upon this thread. Thank You Open Money! Thank you so much for your support! We truly encourage you to hop into our slack/telegram channels if you have any questions! We'll be glad to help! |
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OpenMoneyBTT
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December 01, 2017, 01:55:39 PM |
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Dude wtf? The links are redirecting to a bank page. This looks like scam.
Этo пoxoжe нa oчeнь интepecный пpoeкт, включaющий coциaльныe мeдиa, твиттep, cлaбинy и, вoзмoжнo, бoльшe
Hi there... It would help if you told us which links aren't working. That way we can get them fixed! |
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mr. Smirnov
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December 01, 2017, 05:55:05 PM |
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My friend, how long will the Twitter company last?
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OpenMoneyBTT
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December 01, 2017, 08:23:13 PM |
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Hey SidneyShow, we're working on translations for the website after its recent update. Keep your eyes peeled for a Russian version here: https://www.openfuture.io/ |
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OpenMoneyBTT
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December 01, 2017, 08:27:38 PM |
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My friend, how long will the Twitter company last?
Hey mr. Smirnov, all bounty campaigns will run until the end of our ICO. Stay tuned on our Slack and Telegram channels for ICO updates! |
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SidneyShow
Member
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Activity: 70
Merit: 10
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December 01, 2017, 11:29:31 PM |
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Hi everyone!
Congratulations on the first day of winter! Is the date already known ICO. Will the company hold the ICO in 2017?
Thank you for answer!
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SidneyShow
Member
Offline
Activity: 70
Merit: 10
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December 02, 2017, 12:32:00 PM |
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Will the company hold the ICO in 2017?
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OpenMoneyBTT
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December 02, 2017, 03:37:19 PM |
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OPEN has a mission to create an open source set of tools that anyone can choose to use in order to handle pain points a developer may have. But, by no mean,s is using an OPEN service a necessity in utilizing our base architecture, as that is antithetical to our primary ethos of bringing together the blockchain community. However, we do want to provide a set of tools anyone can turn to without having to trust a 3rd party, making them easily accessible and friendly to use.
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Adil Amim
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December 02, 2017, 04:59:50 PM |
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Just joined the social media bounty campaign.
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ellerby123
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December 02, 2017, 08:06:28 PM |
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OPEN has a mission to create an open source set of tools that anyone can choose to use in order to handle pain points a developer may have. But, by no mean,s is using an OPEN service a necessity in utilizing our base architecture, as that is antithetical to our primary ethos of bringing together the blockchain community. However, we do want to provide a set of tools anyone can turn to without having to trust a 3rd party, making them easily accessible and friendly to use.
Can't wait to see these tools implemented by developers. Thanks for the update! |
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OpenMoneyBTT
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December 02, 2017, 08:25:35 PM |
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Hey Adil Amim, you do not need to update us on your twitter activity. We will track your activity on our end. Thank you. |
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