Odyssey Protocol recently had their pre-sale started on 11th of January, and shockingly after Justin Sun's tweet about Eddie Wu ( Alibaba's CoFounder) investing in Odyssey, the pre sale got flooded. Just within 48 hours of the tweet, Ocoin (Odyssey Protocol's official token) reached their hard cap of 4 billion tokens! That's massive ain't it?
So what is Odyssey Protocol?
ODYSSEY’s mission is to build the next-generation decentralized sharing economy & Peer to Peer Ecosystem. ODYSSEY aims to reduce overall operating cost, increase marketplace efficiency and boost ROI of product & service providers in the Global sharing economy & peer to peer ecosystem.
Using blockchain smart contract as well as AI and Big Data, ODYSSEY will empower the ecosystem with below revolution:
One Credit/Trust-Based Protocol for all ODYSSEY ecosystem players:
- Decentralized and Minimum Operating Cost
- Open Source and Scalable
- Trustworthy and Anonymous
- Autonomous and Better Compliance
- Incentivized Participation
- Monetization
Peer to Peer Ecosystem Community:
- Decentralized and Minimum Transaction Cost
- Easier Monetization
- Better Distribution and Matching
- Quicker Transactions without payment barriers
Their objective?
They want to build a faithful sharing economy system where:
- Everything can be shared, everything can be connected. Sharing is the new ownership.
- Everyone should have the full ownership of the data they possess and create. Data must be freely owned, and will not be used to exchange for the right to participate sharing economy system.
- Freedom to share, free to share. Everyone contribute to the ODYSSEY sharing economy will be entitled to proportional profits for their contribution, according to ODYSSEY’s rewarding mechanism.
- Credit is priceless and Credit should be rewarded, according to ODYSSEY’s credit protocol mechanism.
- Sharing Economy should be non-monopoly and unbiased for everyone.
- Sharing Economy should be autonomous.
IS OCoin BUILD ON TRON?
Currently, no, both tron and ocoin are built on the top of ethereum, though ocoin is developed and designed to be working on the tron network. Soon tron will have their own blockchain, and then ocoin will be working on tron's blockchain.
I hope you liked my first post, stay tuned for more.