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Author Topic: [ANN][OTC Token] Otcrit Platform - New Exchange and Marketplace Platform  (Read 3801 times)
ptrk (OP)
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January 10, 2018, 12:12:06 PM
Last edit: May 01, 2018, 12:41:59 PM by ptrk
 #1

Otcrit Platform
Trade With Information


Otcrit [from Bulgarian] - 1. Transparent, open. 2. Found, discovered.


INTRODUCTION

The new crypto-economy is growing exponentially with unprecedented speed, and the market is soon to hit one trillion dollars market capitalization. However, the biggest issue in the cryptocurrency market is the lack of transparency and authentic information.
Our platform allows serious investors to receive expert reports for the projects and companies they are interested in. It also allows less experienced users to get their hands on easy to understand material and not gamble with their money.
The project merges traditional and over-the-counter trading while giving its users access to detailed expert analyses and reports about various blockchain projects.

An important part of the Otcrit platform is our cryptocurrency exchange (Otcritex), where only projects reviewed and audited by our security experts and analysts will be available for trading. A percentage of the collected fees will be distributed between all OTC token holders. The Otcritex will also pay commissions to all companies listed on it and, by doing so, reward them for their transparency and dedication. We are against the current model where companies are required to pay, sometimes hundreds of thousands of dollars, to be listed on other exchanges and not get a share of the profits that they could put into development.

COMMUNITY REPORTS

Users will be able to create their own reports on the platform by following our guidelines in the special templates we have created for each category. This way they will be rewarded for their work and have the possibility to sell their studies. Anyone can hire experts or community analysts, request reports from the community, translate existing reports and rate the content creators. The exclusive ads revenue on the platform will be shared with our token holders and community authors.

EXPERT REPORTS

Otcrit plans to issue different reports and analyses regularly in many categories, like company assessment reports, community-based reports, technical analyses and more. These works will be prepared by experienced specialists and available on our platform. Our team will constantly strive to update the information we provide, and all updates of the purchased analyses will be sent to the customers via email at no extra cost. We will publish these papers, not only in English, but also in Russian, Chinese, Japanese and other languages.

Otcritex

The Otcrit exchange will list only projects audited and evaluated by our research team and certified partners. We give users 3 ways to pay fewer to no fees while trading. This is possible by being active, by inviting friends and by using our tokens. If our users go over their average monthly volume, we will remove their fees until the end of the month or when they go over it by 50%.
10% of the digital assets, collected from fees on the platform will be distributed to our token holders. These rewards will be sent out simultaneously every week via a smart contract

WHY OTCRIT?

We understand how difficult it is to spend time following all the market changes and project developments that are necessary to make a good investment. The information is scattered all over the internet and people cannot be sure that the articles, reviews and analyses are objective.
This is why we will give not only in-depth assets analyses and evaluation but also a different independent perspective that investors can rely on and profit from. Our customers will have everything they need, from quality information platform to secure trading exchange in one place.
The cryptocurrency market will continue to grow rapidly as it has been doing for the past few years and more people will join this industry, making the demand for quality information and transparent exchanges much higher.

FEATURES

Code:
--Reports and Analyses	 --Community Reports	  --Hire Specialists
--Request Analyses --Events Calendar  --Over-the-counter Marketplace
--Token Rewards         --Ads Revenue          --Cryptocurrency Exchange
--Benchmark Services --Otcrit Top 100 Index  --Otcrit Database

Bounty Program/Job Interview

The Bounty Campaign will have two levels, a standard one with stakes, and exclusive one only for our platform users. During our bounty campaign we will collect valuable information about the community users who post objective, high quality reports and technical analyses. The top authors, who are available, will be offered to join our experts team and start working for Otcrit full-time. This way they can continue to share their knowledge and always earn from it.

TOKEN DISTRIBUTION

The total tokens distributed to the public will be 83% of the total supply of 100m. Our main and pre-sale will collectively sell 70% of the tokens, and 8% will be sent out in bounties for the next 1 year, for content creators, authors, found bugs, and other initiatives, during and after both funding campaigns.
Our presale will issue up to 8,5% of the total supply with the intention to use the collected funds to expand the Otcrit team of developers and analysts and finance our marketing strategy, legal and license costs.

The presale event will have the following rules:

1 ETH will give participants 5000 OTC tokens with a bonus of 20% for the first week.

With special “Perks” for our presale investors, published in our Whitepaper.

PRESALE
START: 15th of February
END: 15th of March
18:00 UTC +1 Local Berlin Time

MAIN SALE
To be announced

HARD CAP 10 000ETH
this could change based on price volatility.

PARTNERS
DLT Capital
TAD Group

The Bounty program is here

Follow Otcrit on Twitter, Telegram and the rest of our social media channels in order to be notified about the pre-sale on time!
 


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January 10, 2018, 12:16:48 PM
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January 10, 2018, 12:40:42 PM
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The fee share is pretty average IMO > 10% exchange. 20% ad rev.
Its better than nothing i guess, but it wouldn't motivate me to invest unless this was a more fair 50/50 split.

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January 10, 2018, 01:01:40 PM
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Sounds interesting. I'll watch the thread.

Do you have the platform/product ready before the presale/ICO start? Just wondering because a lot of ICOs nowadays are conducted and after the product is going to be created.

Further, do you plan to aquire honoured analysts and professionals or is it just planned to mainly let amateurs and semi-professionals issue analysis?
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January 10, 2018, 01:26:02 PM
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The fee share is pretty average IMO > 10% exchange. 20% ad rev.
Its better than nothing i guess, but it wouldn't motivate me to invest unless this was a more fair 50/50 split.


Hi, I'm Victor Dessov, one of Otcrit's founders. I see your point, other exchanges have introduced higher fee shares before us in terms of percentage.
However, I must add that we will be having 5 sources of income in total, including our bench-marking services and subscriptions and they will all be included in the reward distribution. The ad revenue is also very high considering the high demand and the exclusive service it will be - limited only to high-rated projects and ICOs. We are positive that the unique features of our exchange will make it really desirable among traders and that a significant growth of the traded volume could be reached from the very first year of the exchange's existence.
Furthermore, our team will keep a only small amount of the tokens - 10%. Launching a trading platform is costly and we will be having quite a lot of expenses when it comes to maintenance and development and our business would be unsustainable if we were to give out 50% of the profit. Please let me know, if you have any other concerns  Smiley
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January 10, 2018, 01:40:08 PM
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Sounds interesting. I'll watch the thread.

Do you have the platform/product ready before the presale/ICO start? Just wondering because a lot of ICOs nowadays are conducted and after the product is going to be created.

Further, do you plan to aquire honoured analysts and professionals or is it just planned to mainly let amateurs and semi-professionals issue analysis?

Hi, BitcoinArsenal! We are working hard on the MVP. In one month we will have the platform for reports ready and everyone will be welcomed to register on it! The funding campaign will also be executed on it. We absolutely agree with you, asking for money without any product whatsoever has become a norm unfortunately!

We plan to introduce some well-known analysts in the upcoming weeks, but until everything has been cleared out, we wouldn't mention any names. Everyone will be able to register on the platform and make a name for himself - their first reports will have to be free, before they get evaluated by the community - after all, no one wants to pay for something that turns out to be of low quality. Only those who receive a high enough ranking will be able to monetize their next analyses afterwards.
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January 10, 2018, 11:32:20 PM
 #7

Hi everyone! Just added Otcrit ICO to my website https://concourseq.io/Q/Otcrit . ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB
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January 10, 2018, 11:36:27 PM
 #8

I'll follow the project carefully, it looks interesting...
varandas
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January 10, 2018, 11:36:45 PM
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Hi there, what specialists you will hire?
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January 11, 2018, 12:13:03 AM
 #10

I'll follow the project carefully, it looks interesting...
Thank you, we appreciate your early support.

Hi there, what specialists you will hire?

There are no limitations to the number or variety of specialists we will bring on board for our "expert reports".
Because we are taking a very serious approach when it comes to analyzing a project, its industry, competitors or business plan evaluation, we will hire many experts in crypto, finance and even politics. A lot of people have been crying about this market and calling it a "bubble" but the truth is it will continue to grow and the demand for high quality and objective information will not be met with the current standard of reviews or even technical analyses.
Edit: Participants in our extended bounty campaign for creating content on the Otcrit Platform, who receive high ratings and provide good reports and analyses will be hired to work for our team full-time.

Each and every one of the Otcrit experts will follow our guidelines and templates when writing a report for any existing project or an ICO so we can be certain our works are always solid, recognizable and cover all necessary viewpoints. These templates will also be applied for our "community reports" where anyone with enough understanding and knowledge about the market can share their works with the community, grow their following and be rewarded it.

We are introducing many ways for everybody to join the platform, even people with less experience in the field who can participate by translating reports or when being hired to do so.

Otcrit is building a platform where anyone can quickly find the information they are looking for or hire someone to do it for them. We are also working extremely hard to bring the Otcritex exchange to the public and give them a trading experience they haven't had before. Updates, News and Demo of the exchange will be available in the upcoming weeks and months.

An early version of the platform should be online at the beginning of February.


Hi everyone! Just added Otcrit ICO to my website https://concourseq.io/Q/Otcrit . ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

Thank you for including our project on your website. Someone from our team will contact you to complete our profile.
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January 12, 2018, 10:10:51 AM
 #11

  It's really sounds nice, its in my radar too Cool
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January 12, 2018, 10:21:30 AM
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  It's really sounds nice, its in my radar too Cool
Thank you for the early support! We will be announcing our bounty program pretty soon, so stay tuned  Wink
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January 12, 2018, 03:07:31 PM
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Good news, another Bulgarian project on the way. I'll read the whitepapers ASAP. Waiting for the bounty Smiley Уcпex! Smiley

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January 12, 2018, 05:46:29 PM
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Good news, another Bulgarian project on the way. I'll read the whitepapers ASAP. Waiting for the bounty Smiley Уcпex! Smiley

We are announcing a very cool bounty campaign in the next few days that will last even after our funding round is over. It will have two levels, a standard one with stakes, and a second level that will reward users on the Otcrit Platform. We are very excited to finally bring this project to the public and we really appreciate everyone's support so far!

Also stay tuned for the YouTube updates we'll post soon.
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January 13, 2018, 07:47:47 PM
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Quote
where only projects reviewed and audited by our security experts and analysts will be available for trading.
i think this has already proved to a certain extent the value of a coin or token. this means I can get a good profit when they just list on the market, right?
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January 13, 2018, 08:27:45 PM
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Quote
where only projects reviewed and audited by our security experts and analysts will be available for trading.
i think this has already proved to a certain extent the value of a coin or token. this means I can get a good profit when they just list on the market, right?
Thank you for considering our asset to be of high value. However, the we cannot make any promises or predictions when it comes to the price movements of our token once it hits the market. Least of all, this wouldn't be an objective estimate.
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January 13, 2018, 09:45:52 PM
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The value of any token or coin comes from its usability and project development.
What we aim for is having a working platform from day one and grow our development team for the Otcritex exchange to provide one of the best possible trading services on the crypto-market. 2018 will be extremely exciting for the project and we are thrilled to be able to provide something useful and valuable to the community.
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January 13, 2018, 09:56:55 PM
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If there is a bounty program, I'll be happy to reserve arabic & french translation.
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January 14, 2018, 08:10:19 AM
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If there is a bounty program, I'll be happy to reserve arabic & french translation.

We recently announced our bounty campaign, you can check it out here:
https://bitcointalk.org/index.php?topic=2747369
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January 16, 2018, 04:05:46 PM
 #20

YouTube Video Update from one of our Co-founders and CEO - Victor Koychev.
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