What is OST Simple token?
Simple Token announces the unlocking and distribution of Simple Tokens (OST) purchased during its recent token sale, enabling the OpenST protocol to move from Ethereum testnet to mainnet today. OST has been listed on the rapidly-growing Popular Exchange under an exclusive debut arrangement designed to enable companies and individuals interested in making use of OpenST to be able to purchase OST coin on one of the world’s most popular third-party marketplace for cryptocurrencies.
We learn from official website that Simple Token is the result of two years of research and exploration into consumer app tokenization and a couple of big moments along the way. SimpleToken is the only platform that enables mainstream consumer applications to benefit from deploying their own branded crypto-backed token economies, in a scalable and cryptographically auditable manner, without needing to ICO, mint and maintain their own publicly-tradeable EIP20 tokens.
Where and how to buy OST crypto?
Purchased tokens will be distributed immediately upon confirmation of payment and shall be activated on 19 December, 2017. Bonus tokens will be distributed on 15 January and shall be activated upon distribution.
Companies who want to create branded tokens, developers who want to explore developing on OpenST, and individuals contemplating future projects with ST should consider purchasing ST. Now OST has been listed on this Exchange Servise and the listing follows the recent close of Simple Token’s successful public token sale, during which the company achieved 189% of its original sales target, with more than 6,000 unique buyers globally purchasing approximately US$21 million worth of Simple Tokens. With the listing of ST token on the Exchange, the crypto community — particularly developers and organizations aspiring to launch branded tokens with the SimpleToken protocol and software — will have a highly-regarded, global, top-tier platform on which to easily purchase OST.
Is it worth investing in it?
This is quite an innovative project and there are few predictions, but they are promising. Simple Token gives you all the tools you need to design, customize, monitor, analyze, and manage your economy. You can setup your token brand, set a conversion rate for your branded tokens to Simple Token. Also there are tools to help you monitor your users and prevent fraudulent behavior. You’ll get user-friendly wallet designs that can be easily re-skinned and customized to suit your economy. Does not that sound great?
It is worth mentioning that 704Games joins Simple Token. 704Games has published over 5 games available on smartphones (Android and iOS), consoles (Playstation 4 and Xbox One), and PC. In September 2017, 704Games released NASCAR Heat 2 bringing the most authentic and intense stock car and truck racing of all time to the market. 704Games aspires to create an ecosystem of engaging value and vibrant token economy for their community of racing game enthusiasts.
The main advantages of Simpel Token?
The project is widely featured on the official website: simpletoken org. We have chosen a few important things:
- Software to Manage Your Token Economy;
- token Design;
- user-friendly wallet;
- enable various transaction types;
- user-friendly ledgers to track and audit transaction;
- critical tools for your teams to manage your users and economy.