As the commencement of our epic token presale draw near, we continue the countdown by expansiating the major decisions we have taken towards developing a world class packaging platform..one of such is the choice of our Consensus Protocol.
The official countdown to OPK Token Presale kicks off! 1/8/2018 - 31/8/2018
2 DAYS TO GO!
WARNING!!!
OUR TOKEN PRESALE AND ICO WILL TAKE PLACE ON OUR SECURED WEBSITE ONLY!!! PLEASE DISREGARD ALL OTHER CHANNELS, INDIVIDUALS OR GROUP ASKING YOU FOR DONATIONS REGARDING OPN TOKEN SALE!!!
OPK TOKENOMICS
Token name: OPK
Standard: ERC-20
Accepted Currencies: BTC, ETH, USD, EUR, CHF
KYC/AML: YES
TOKEN SUPPLY
max supply: 50,000,000 OPK
Token to be sold: 30,000,000 OPK
Bonus Structure: Available
Unsold OPK Tokens: To reserve fund
Soft Cap: $6 million
Hard Cap: $30 million
Token Purchase price: 1 USD = 1 OPK
Token allocation: Automatic
OPK TOKEN PRESALE CONDITIONS
Token Allocation for Presale:
Max 20% of ICO Token Sale (6 mln OPK Tokens)
Minimum Purchase: 50,000 OPK
Maximum Purchase: 500,000 OPK
Contribution accepted in: ETH, BTC, CHF, USD, EUR
Discounts:
1 Year Lock Up – 25%
2 Years Lock Up – 35%
3 Years Lock Up – 45%
Presale Starts: 01.08.18
Presale Ends: 31.08.18 or Until Cap reached
Presale Token distribution: after Public ICO, Automatic
SAFT
Restricted Countries: U.S.A, Iran
CONSENSUS ALGORITHM
A consensus algorithm is a process in computer science used to achieve agreement on a single data value among distributed processes or systems. Consensus algorithms are designed to achieve reliability in a network involving multiple unreliable nodes. Solving that issue -- known as the consensus problem -- is important in distributed computing and multi-agent systems. Common consensus algorithms include the practical Byzantine fault tolerance algorithm (PBFT), the proof-of-stake algorithm (PoS) and the delegated proof-of-stake algorithm (DPoS). Read more on Types of consensus protocol
Why we chose DELEGATED PROOF OF STAKE
Delegated Proof of Stake (DPOS) is the fastest, most efficient, most decentralized, and most flexible consensus model available. DPOS leverages the power of stakeholder approval voting to resolve consensus issues in a fair and democratic way. All network parameters, from fee schedules to block intervals and transaction sizes, can be tuned via elected delegates.
In Open packaging network, witnesses serve a similar role of validating signatures and time stamping transactions by including them in blocks. Using DPOS on OPN, the stakeholders can elect any number of witnesses to generate blocks. A block is a group of transactions which update the state of the database. For a valid approval voting, each account is allowed one vote per share per witness.
OTHER UNIQUE FEATURES
●Voting
●Arbiter for Dispute Resolution
●Maximum Decentralization
●Block Production by Elected Witnesses
●Double Spend Attack
●Transactions as Proof of Stake and
●Blockchain Reorganization
Still want to ask why we opted for DpoS? Welcome to the era of true democracy on blockchain. Join the OPN Platform Today!
IMPORTANT LINKS
Project Details
TEAM AND ADVISORS
OPN has put together a seasoned team of professionals with years of experience from relevant fields ranging from blockchain, content, packaging and more. Their official Linkedin accounts available on our website
PARTNERS
