Here's a quick overview of our OPEN token 🙂
The OPEN token is a ERC20 standard token that is fundamental in providing utility to the OPEN Platform. Developers use it to primarily activate Scaffolds. This is done by staking OPENtoken for a set period of time. The developer is free to leave it in the Scaffold or close the Scaffold and retrieve the tokens. As the value of OPENToken will change due to the market, the value may be greater than when entered. In this case, a small percentage of this gain will be distributed evenly to members of the community with a positive OPENToken balance. The original value of the token and remainder of the gain will return to the developer. The tokens are simply returned to the developer if the value remains the same or has dropped.
The token ultimately provides great utility for Developers to access and integrate cryptocurrency into their existing applications. In addition, the staking of the Token also encourages the use of the Platform and benefits members of the community, helping to establish a fruitful OPEN ecosystem. Future implementation in the token may include a premium when OPEN Token is used as the currency in the transaction. Read more about it in our whitepaper! http://go.openmoney.digital/obmtwp
You receive 25 tokens for registration + receive more than 1400 tokens for actions (reposts, subscriptions) in social networks + 100 tokens for each person invited by you.
go through the link, you need to register for mail and purse ETH (etherium address), if not, then register it on myetherwallet.com or jaax.io
Link to registration: http://vy.tc/dsxbv59
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