Simple Token

Simple Token

Created using Figma
Created using Figma
Simple Token is the bridge between crypto-currencies and mainstream consumer apps. We give consumer-facing companies the tools to design, launch, and manage their own branded tokens on open, scalable side-chains powered by Simple Token.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Gibraltar Blockchain Exchange
    OST/ETH 16 minutes ago
    $ 0.0149
    $ 371.49
    -0.72%
    -1.15%
  • Bittrex
    OST/BTC 28 minutes ago
    $ 0.0153
    $ 3.146 K
    3.51%
    180.85%
  • Upbit
    OST/KRW 30 minutes ago
    $ 0.0154
    $ 139.288 K
    2.76%
    26.37%
  • Upbit
    OST/BTC 30 minutes ago
    $ 0.0152
    $ 3.11 K
    2.81%
    177.63%
  • Idax
    OST/BTC 31 minutes ago
    $ 0.0152
    $ 14.692 K
    1.25%
    32.29%
  • Gibraltar Blockchain Exchange
    OST/BTC 37 minutes ago
    $ 0.0155
    $ 607.55
    0.60%
    114.81%
  • Huobi Global
    OST/ETH 37 minutes ago
    $ 0.0149
    $ 2.273 K
    -0.80%
    -24.14%
  • Huobi Global
    OST/BTC 37 minutes ago
    $ 0.0149
    $ 26.401 K
    0.36%
    68.15%
  • Binance
    OST/ETH 45 minutes ago
    $ 0.0149
    $ 17.243 K
    -0.32%
    49.29%
  • Binance
    OST/BTC 45 minutes ago
    $ 0.0147
    $ 152.957 K
    -1.03%
    17.79%
  • Huobi Korea
    OST/ETH 56 minutes ago
    $ 0.0148
    -
    2.65%
    -
  • Binance
    OST/BNB 59 minutes ago
    $ 0.0147
    $ 1.556 K
    -5.31%
    88.58%
  • Gate.io
    OST/ETH one hour ago
    $ 0.0146
    $ 78.31
    0.87%
    -40.17%
  • Gate.io
    OST/USDT one hour ago
    $ 0.0147
    $ 19.151 K
    1.26%
    -10.06%
  • Huobi Korea
    OST/BTC one hour ago
    $ 0.0148
    $ 55.75
    2.66%
    -2.43%
  • Kyber Network
    OST/ETH 3 hours ago
    $ 0.0149
    $ 910.08
    -
    -
  • Coinsuper
    OST/BTC 14 hours ago
    $ 0.0147
    $ 263.27
    -
    -
  • Bamboo Relay
    OST/WETH 7 days ago
    -
    -
    -
    -
  • IDCM
    OST/BTC 20 days ago
    $ 0.0217
    -
    -
    -
  • Huobi Korea
    OST/BTC one month ago
    $ 0.0267
    $ 127.14
    -12.45%
    -
  • Huobi Korea
    OST/ETH one month ago
    $ 0.0269
    -
    -12.74%
    -
  • Upbit
    OST/KRW 2 months ago
    $ 0.0219
    $ 85.229 K
    5.87%
    228.57%
  • Gate.io
    OST/ETH 3 months ago
    $ 0.0286
    $ 1.366 K
    -
    -
  • Gate.io
    OST/USDT 3 months ago
    $ 0.0271
    $ 5.035 K
    -
    -
  • FCoin
    OST/ETH 3 months ago
    $ 0.0250
    -
    -
    -
  • FCoin
    OST/USDT 3 months ago
    $ 0.0333
    -
    -
    -
  • Gibraltar Blockchain Exchange
    OST/USD 5 months ago
    -
    -
    -
    -
  • OKEx
    OST/ETH 5 months ago
    $ 0.0262
    $ 1.57
    -
    -
  • OKEx
    OST/USDT 5 months ago
    $ 0.0244
    $ 11.05
    -
    -
  • OKEx
    OST/BTC 5 months ago
    $ 0.0244
    -
    -
    -
  • ForkDelta
    OST/ETH 6 months ago
    $ 0.0401
    -
    -
    -
  • Idex
    OST/ETH 6 months ago
    $ 0.0253
    -
    -
    -
ICO
Nov 14, 2017
Dec 15, 2017
100% completed
Raised funds - no Data
Goal 20 000 000.00 USD
Cap 20 000 000.00 USD
past
  • 1 OST
    =
    0.0833 USD
Nov 14, 2017
Nov 21, 2017
100% completed
Raised funds - no Data
past
Token Details
Accepted Currencies
ETH
Company Details
Registered Country
Germany
Additional Details
Platform
Ethereum
Categories
Cryptocurrency, Entertainment

About Simple Token

Any app can launch branded tokens on open scalable side-chains, powered by Simple Token, a protocol for consumer-app tokenization and an ERC-20 utility token.

Like so many others, we’ve been enthralled with the technical elegance and vast potential of blockchain technology. Yet we recoil from the recent hype, speculative excess and occasional fraud associated with cryptocurrencies. Early last year, we started exploring how to use this technology to build a branded economy within Pepo, the social advice company that our team had founded. We found that the possible applications of cryptocurrencies for business are even more powerful than we thought, but the process of creating one is complex, expensive, and fraught with risk. Why do all this just for ourselves, we asked, when we could build a set of tools that is needed by many companies?

Simple Token will fill that need, empowering any company — from a global brand to an emerging app maker — to issue what we call “branded tokens” that can transform its business into a dynamic economic ecosystem. No complex programming. No perilous ICO. No cross looks from regulators. We take care of all the hard work. Using Simple Token is designed to be as easy as accepting credit cards by integrating with an online payment service like Stripe or PayPal.

The Simple Token Project contains 3 core elements:

  1. Simple Token [“ST”] is an EIP20 token.
  2. OpenST is a protocol to support token economies in mainstream consumer applications. The protocol enables ST to be staked on ethereum mainnet against minting Branded Tokens on open scalable side chains.
  3. The Simple Token software enables companies to launch and manage their own branded token economies based on Simple Token.

The business and technical challenge we set out to solve is to enable mainstream consumer applications to benefit from deploying their own branded crypto-backed token economies, in a scalable and cryptographically auditable manner, without needing to mint and maintain their own publicly-tradeable EIP20 tokens.

The OpenST protocol enables the creation of utility tokens on a utility blockchain while the value of those tokens is backed by staked crypto-assets on a value blockchain.

ST is a utility token, and not a security, as supported by legal opinions in all relevant jurisdictions. The OpenST protocol will be in use prior to the public token sale on 14 November and a proof and demonstration shall be published. Any developer can use the OpenST protocol immediately. For further information please consult the docs on our website or speak with our team in our Telegram channel.

We're building a network and ecosystem for consumer app tokenization. Join in and get all the benefits of blockchain tokens without the high costs and risks of building everything yourself from scratch.

Simple Development
Focus on your users and your marketplace rather than on learning and developing blockchain infrastructure. Leverage the Simple Token protocols to easily tokenize your app.

Customize the Experience
Simple Token lets you design a unique experience. Brand your token, set desired exchange rates and allowable fluctuations, setup various transaction types and user incentives. You own the experience from end to end.

Analyze & Optimize
It's your economy, we give you the tools to manage it. Simple Token includes world class monitoring, analytics, macro and micro economy trends, fraud detection and prevention, and security.

Focus on your users,  not on Blockchain infrastructure

 

Features

Simple Token [“ST”] is an EIP20 token.
OpenST is a protocol to support token economies in mainstream consumer applications. The protocol enables ST to be staked on ethereum mainnet against minting Branded Tokens on open scalable side chains.
The Simple Token software enables companies to launch and manage their own branded token economies based on Simple Token.
The OpenST protocol enables the creation of utility tokens on a utility blockchain while the value of those tokens is backed by staked crypto-assets on a value blockchain.

Technical Info

Technical details:  Simple Token is in a fixed supply of 800M tokens generated at token generation event. Simple Token is freely tradable on Ethereum and is the base token on the utility chains where it pays for transaction fees of branded token transactions. There is no block reward for validation of the the utility chains. Validators need to stake Simple Token on Ethereum to validate on the utility chains. The source code:  The code is fully available on Github. Proof of developer:  Public team

Simple Token Roadmap

  • Ideation, research, initial concepts

  • Q3 2016 - Q1 2017

  • Concept development
  • Working docs & preliminary specs

  • Q2-3 2017

  • Design prototypes
  • Read More
  • Design prototypes & early white papers

  • Q3-4 2017

  • Token design. Protocol architecture
  • Simple Token project scope

  • Q4 2017

  • Token sale #1
  • Token design model

  • Q1 2018

  • Initial consumer-facing deployments
  • Project deck/white paper, technical architecture

  • Q2 2018

  • Further consumer-facing deployments
  • Core founding team

  • Finalising OpenST technical white paper, side papers, token pre-sale
  • OpenST protocol utility established

  • Simple Token staked for Branded Token minted on side-chain
  • Public token sale

  • First Branded Tokens
  • Developer availability of OpenST

  • Initial consumer-facing deployments

  • Further consumer-facing deployments

  • Widespread deployments

Activity

Activity:
102
MEDIUM
Posts:
433
MEDIUM
Views:
25 747
VERY HIGH
Activity:
70
LOW
Merit:
0
VERY LOW
Posts:
475
MEDIUM
Views:
3 703
LOW
Users:
88
LOW
Followers:
65
VERY LOW
Tweets:
1
VERY LOW
30 Days Growth:
Members:
218
VERY LOW
30 Days Growth:
10
Year commits:
156
Watchers:
177
Stars:
155
Forks:
63
Open issues:
23

Simple Token Team

Verified 0%

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

Jason Goldberg
Director & CEO
unverified
Nishith Shah
Director & CTO
unverified
Ben Bollen
Chief Technology Strategist
unverified
Paul J du Plessis
Director Market Development
unverified
Jason Banks
Lead Engineer
unverified
Sunil Khedar
Founder & CTO, Pepo
unverified
Lionello Lunesu
Engineering Lead
unverified
Antoine Cote
Engineering Lead
unverified

Simple Token Last News

$ 0.0146
-2.33%
Coin Stats
Daily, %:
-2.33%
Weekly, %:
-5.78%
Monthly, %:
-43.43%
Market Info
Market Cap:
$ 9.507 M
Volume 24h:
$ 350.232 K
Circ. Supply:
649.802 M OST
Ticker:
OST
ICO profit
X 0.3513
ICO Price~$0.0417

Simple Token Reviews

bitcoinexchangeguide.com
reviews

Simple Token is a unique digital currency that is available for businesses to brand. Businesses can purchase tokens, then stake tokens on the Simple Token platform. When businesses stake tokens, they can create their own branded tokens in exchange. Businesses can access the advantage of a digital token ecosystem without the cost or regulatory headaches of launching their own token. Simple Token also gives businesses a user-friendly back-end they can use to manage and track all aspects of token deployment.

Read More
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO