OPEN PLATFORM

OPEN PLATFORM

Created using Figma
Created using Figma

Last Update

Feb 28, 2018

Powering Decentralized Payments for Applications
Risk: High
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • KuCoin
    OPEN/ETH one day ago
    -
    -
    -
    -
  • KuCoin
    OPEN/BTC one day ago
    -
    -
    -
    -
  • Gate.io
    OPEN/USDT 2 months ago
    $ 0.0030
    -
    -
    -
  • Gate.io
    OPEN/ETH 2 months ago
    $ 0.0005
    -
    -
    -
  • KuCoin
    OPEN/USDT
    -
    -
    -
    -
Private Sale
Feb, 2018
Mar, 2018
100% completed
$18 000 000
100% goal completed
past
Token Details
Ticker
OPEN
Accepted Currencies
ETH
Additional Details
Platform
Ethereum
Whitelist
Yes ,
Categories
Platform

About OPEN PLATFORM

Introducing OPEN Scaffold and The OPEN API

Enable your application to accept users automatically and verify purchasers on the blockchain.

Manage Volatility in accepting cryptocurrency with your application.

Enable the benefits of decentralized architecture and the strength of your backend together.

Features

- The Open Money token will utilize a smart contract on the blockchain, equipped with measures to prevent fraud and improve monetization options

- OPEN Token will be the currency used to make in-app purchases with the APIs, however the platform will fully support and accept all major digital tokens

Technical Info

The technical architecture of Open Money's implementation is split into two main elements: the Open Platform REST API itself as well as an SDK with support for JS, iOS, Android and React-Native. The Open Money SDK enables functionality of the platform on behalf of the software developer. SDK functionality includes tasks required to access platform features such as handling all communication and payment processes between the developer’s backend and the Open Money backend, managing developer accounts, and security related processes.

OPEN PLATFORM Roadmap

  • 09/2017

  • White Paper Published
  • Q3 2016

  • Open Money team faces problem in previous app development company
  • 02/2018

  • OPEN Testnet ON and OFF chain MVP
  • Q1 2017

  • Platform and Idea Conceived
  • Read More
  • 02/2018

  • Creation of the OPEN Blockchain
  • Q3 2017

  • Token Sale Planned
  • 03/2018

  • OPEN complex applications MVP 2.0 (on-chain)
  • Q4 2017

  • Development of the Open Money API Platform Begins
  • 03/2018

  • Token Sale + Airdrop
  • Q2 2018

  • Developer Program Released
  • 04/2018

  • OPEN API docs draft
  • Q3 2018

  • First Deliverable of the Open Money API Platform
  • 04/2018

  • OPEN wallet security design
  • Q4 2018

  • Monetization Tools and Products Publicly Released
  • 06/2018

  • Developer Beta Program
  • 06/2018

  • OPEN SDK 1.0
  • 07/2018

  • OPEN 1.0 goes live, on the Ethereum Platform, OPEN API, OPEN Wallet
  • 07/2018

  • OPEN SDK 2.0
  • 12/2018

  • Update to OPEN 2.0, available through ethermint, IPFS, integration
  • 04/2019

  • Multi-coin integration to OPEN Wallet

Activity

Posts:
1 801
VERY HIGH
Followers:
22 119
VERY HIGH
Likes:
17 766
VERY HIGH
Rating:
4.90
VERY HIGH
Followers:
28 871
VERY HIGH
Tweets:
922
VERY HIGH
30 Days Growth:
-739

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Ken Sangha
CEO
unverified
Andrew Leung
CTO
unverified
Abhishek Punia
Blockchain Lead
unverified
Chase Smith
Blockchain Lead Developer
unverified
Dustin Sinkey
Solidity Developer
unverified
Alvin Lau
Managing Director
unverified
Roger Jin
Director of Strategy
unverified
Dennis Lewis
Director of Marketing
unverified
Steven Zhang
Product Manager
unverified

2 ICO

$18 000 000

Vincent Vuong
Product Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

John Gardiner
Advisor
unverified

2 ICO

$18 000 000

Kunaal Arya
Advisor
unverified

2 ICO

$18 000 000

Will Bunker
Advisor
unverified
Lorne Lantz
Advisor
unverified

Former members

Fiz Kassam
Technical Director
Derek Waterman
Executive Director
Allison Kapps
Director of Design

Last News

$ 0.0029
Coin Stats
Daily, %:
Weekly, %:
Monthly, %:
Market Info
Market Cap:
$ 1.785 M
Volume 24h:
Circ. Supply:
620 M OPEN
Ticker:
OPEN
3.21
risky+
5.0 14
ICO Profile Vision Activity Potential Product Team

OPEN PLATFORM Reviews

icocrunch.io
review

OPEN Platform is the first company on the market providing the feature of integrating cryptocurrency payments into existing applications and therefore has a lot of opportunities and advantages. Considering the idea, team, whitepaper, and roadmap, we see an outstanding project and the team that will definitely conduct a top ICO campaign.
An excellent project being the first on market and led by an excellent team is promising to become one of the top ICOs of this year.

Read More
Coin Bloq

I like open platform, but I feel that their hard cap is just a little bit too high relative to the team’s strengths. In a bull market I would be bullish on the project but because the markets are very unstable at the moment, I do think they’re asking for too much money.
Open platform basically wants to create an agnostic payment solution and this is going to be integrating crypto currencies into existing applications. They have a working product.
The market for Stripe or PayPal alternatives in the crypto space is very very saturated. You`ve got Manisa, YouTrust, CoinBase and many other competitors.
I am bullish on the project and I think if the market does pick up this could do quite well, but again to get in at the early stages I’m hesitant. For the token economics I gave it 40 out of 100 the reason for that is the hard cap.
With the team I think they have a very competent team but not a world-class team so I gave them 60 out of 100.
For hype I think these guys have got a lot of hype behind them. (70 out of 100).

Read More
Sergio
86%
Read More
OhHeyMatty
87
Read More
CrushCrypto

Overall, we are neutral about both the flipping and long-term potential of this ICO. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping
Neutral. The hard cap of $30 million is on the high side in this market and at the current ether price. We don’t see anything especially standout about this project to warrant a high unmet demand. 
For long-term holding
Neutral. We see 3 areas of focus for Open Platform (targeting existing applications, broader online merchants, or dApps), none of which is compelling as detailed in our “Concerns” section. 
Also, the 3% transaction value to fund the Developer Growth Pool adds up very quickly for applications, making it less appealing to use the platform.
Therefore, we are uncertain about the level of adoption Open Platform will have. 

Read More
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