Launch Dates for These New Cryptocurrency ITOs Have Been Announced

OpenLedger has released the dates for the Initial Token Offerings (ITO) of four different projects—OCASH, eDev.one, GetGame and Apptrade—being built on its platform. In June, Denmark based Open Ledger Aps received a seed funding of $1.6 million collectively from a group of Chinese, American and European investors for these four projects. The ITO for OCASH begins August 31, 2017 while the Stage I for eDev.one begins on September 28 to be followed by Stage II in January 2018. The ITO for GetGame initiates on October 26 while that of Apptrade on November 30, 2017.

OCASH
To start with, there’s OCASH (OCASH)—the first all-in-one crypto-ready debit card. OCASH will bring the international card payments system to the OpenLedger network. This will allow token holders to use Stablecoins (SmartCoins), including bitUSD, bitEUR, bitGBP, and Rubles, plus other OpenLedger tokens, such as OBITS, BTC, and ETH, to purchase items anywhere major debit cards are accepted. (Related reading, see: OpenLedger Launches Crypto-Ready Payments Card OCASH)

eDev.one
Next is eDev.one (EDEV, JOYY)—a blockchain based freelancing platform on top of OpenLedger that serves as an engaging place for both clients and freelancers. It’s ITO is schedules in two stages—first in September and the second in January next year. eDev.one would be securing every transactions and payment with its Escrow System.

GetGame
The next in line is GetGame (REALITY) is a platform based on game related ideas with a focus on VR, AR and any blockchain based creations. It is a miniature version of OpenLedger’s Crowdfunding Platform. It comes with a clause—before qualifying to be on the platform, each game must not just be validated but even agree to share 10% of their future revenue with GetGame ApS and all its token holders.

Apptrade
Then there is Apptrade (APPX) creates portfolios, or groups, of apps. Since it would in a portfolio model, if one app achieves great success, everyone in that portfolio gets benefitted. Each app portfolio is designed to ensure that every app included within it is supporting all the others through regularly scheduled updates, highly visible cross promotion, and a high standard of quality.

These all are coming to the OpenLedger platform. The interesting feature of OpenLedger is OBITS—its official currency. “With OBITS, token holders reap a proportional share of the profits on OpenLedger, including current and future ITOs and projects. Buying OBITS are the equivalent of buying an early stake in a ground-breaking technology company. We initiate a buyback of funds and burning, thus reducing the overall supply and allowing a natural growth in the value of the remaining funds over time” as per OpenLedger. OBITS has recently been listed on two Chinese exchange as well.

Buying OBITS entitles its owners to special offers and bonus on projects being launched on OpenLedger. OBITS holders will experience a 5% sharedrop of tokens related to OpenLedger projects including OCASH (5 million tokens), eDEV (5 million tokens), GetGame (500,000 tokens) and Apptrade (400,000 tokens).