Open Collectors Network
With the increasing demand for digital goods that can be verified, transparent, and unique. The potential / target user base will grow in the gaming industry along with the demand for unique digital goods, as well as with the application of cryptocurrency in the general population. Currently there are only a few projects that are trying to develop similar token and / or trade creation, and blockchain competition will be tighter along with continuing adoption.
Open Collectors Network is the first company in the world providing the idea of one-of-a-kind tokens, the number of possible use cases is huge and it’s still expandable and open for new ideas from anyone. Some of the use cases are already implemented. The main advantage from our point of view is the uniqueness of the idea and the project itself. If they manage to develop the use cases and what is more important – to promote the idea and explain its key features and benefits to masses, the project will definitely become successful.
Our platform currently has no competition, regarding the possibility of creating tokens and in general, for the extent of use cases that may exist on our platform. While there are some projects out there that work with non-equivalent tokens, they are limited to existing trades, such as CryptoKitties, CryptoPunks or Decentraland. Our platform also supports this token, as they are based on the open ERC721 standard, but can do more than that.
How Open Collectors Network changes the world
The market for non-fungible items is virtually endless. If you look around, almost all things you see can be categorized: people, cars, streets, shops, products, art and so on. One thing all these have in common is their respective items are all different from one another.
Our aim is to create the first decentralized platform which facilitates storing and interacting with non-fungible tokens.
With Open Collectors Network, you have:
Transparency and trust
Seamless trading, selling and royalties
Bullet-proof security
Robustness
Scalability
Ease and cost-efficiency of attaching monetary value (virtual currency) to an asset
USE CASES
The problem
#. No global copyright
#. Excessive bureaucracy
#. High fees
#. You need a lawyer
#. You need to pay a 3rd party company
Our solution
#. Copyright your work at a click of a button
#. Zero bureaucracy
#. Only platform's fees ( under 1% )
#. No lawyer or external 3rd party company
It is worth nothing that any digital media could be represented here. Going further, digital rights relating to the ownership of the digital media can be bought and sold via the marketplace. The latter has the benefit of circumventing digital rights auction houses and significantly reducing cost of transacting and the fees related therein. Small creations, like a brand-name, or a logo can be directly held on-chain, whereas larger ones can be stored anywhere on the cloud, and only a hash of their value stored on the ledger. This brings the best of both worlds: cheap/fast storage and full accountability.
What is Open Collectors Network ?
OPEN COLLECTORS NETWORK
Enhancing social networks
tokenize and share a little piece of "you": this can be a part of your future success, a favor from you once you're successful or some of your time later on, in return for financial support now.
Low-cost copyright
are you an artist? tokenize your digital creation in under 10 mins! this can be anything, from a drawing or article, to a song or a movie. easily sell it or collect royalties.
Mainstream Adoption
Any IT company with unique products, users, services and so on, can tokenize them using our public api and get all the benefits of the blockchain: transparency, security, increased trust in the eyes of your customers and, most importantly, easy and economical monetization.
Token ECTO
Utility
Operations on the platform are done using our erc20 utility token, the ECTO. It ensures fair usage of the platform and avoid spamming and overloading of the Ethereum network, especially with regards to the creation and trading of unique items.
Proof of stake 2.0
First special proof-of-stake algorithm fully implemented into smart contracts for added transparency and accountability.
Benefits
Having ECTO in your wallet you gain access to following benefits:
Discounts for all operations.
Voting rights for features that the platform should implement first.
Rewards given out periodically, in the form of ECTO airdrops, based on a combination of activity on the platform and the amount of ECTO you hold (25% activity, 75% ECTO stake).
Working features
Smart pool
We are changing the way how people are using pool systems to invest in ICOs. Existing mechanisms are very risky and not 100% decentralized & trustless.
We saw a market need and created the first 100% decentralized & trustless ICO investing pool system.
Social Market
Nowadays, social platforms do not bring any monetary benefits to users. We are redesinging this into a secured, distributed and safe way for people to gain actual currency, in form of our token, the ECTO.
THE TEAM
We are reinventing Blockchain usage
#. All the coins out are just currency, and like money, they’re fungible. Whereas in our daily lives, most things are unique: from a book or a movie to the entire IT industry which depends on non-fungible objects like products, services, users and so on.
#. The project’s contribution to blockchain development is in creating an independent and decentralized platform for unique, non-fungible token creation and trading. There is a disruptive advantage as, in theory, the platform is aimed at decentralizing currently large centralized legacy products and use cases, such as gaming and ticketing.
#. This amazing techology needs to go mainstream. The only way to do that is through simple & short steps, one at a time.