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0penProductDB

Open Product Database

Finished

Finished: 5 months 3 weeks ago

Start Date

16th of April 2018

End Date

28th of May 2018

Country: Lithuania

Ticker/Symbol OPDB
Price 1 OPDB = 0.001 ETH
TokenType ERC20
Platform Ethereum
Hardcap   27 500 000,00
Softcap   1 000 000,00
Raised 0,00
ICO Score
2.9
Team:
0.0
Vision:
0.0
Product:
0.0
Profile:
2.3

Info

Open data
Product descriptions use structured data with the latest standards in.
Product descriptions is available on CC-BY license terms. Product descriptions is available in JSON-LD format, Schema.org. For product categorization (taxonomy), the latest version of the GPC standard is used.
Global
The service is initially created in multilingual, in order to best meet the needs of people from every place of our planet.
An early version of the service will be available in 2 languages. At the start of the first public version of the service, it will be available in 5 languages. Descriptions of goods are divided by language, while the characteristics of goods do not differ. Regularly increasing the number of languages supported to penetrate new markets is one of our growth strategies.
Profitability
The project receives revenue from commercial placements - purchase offers on the product page.
The minimum placement price is initially defined as the equivalent of 1 USD per item per month. Offers are shown in order of decrease in the price of their placement.
On the product page, the offers matching the user's location are displayed. Payment of tokens of the project is stimulated by discounts. When paying with usual (fiat) money, part of the revenue is spent on buying tokens, which ensures the price of the token increases.
Payments to authors
The author of the product description receives up to 10% of the revenue from commercial placements for this product.
The percentage of income to the author depends on the quality of the product description. The quality of the product description can only be estimated by the owners of the tokens. Payments to authors are carried out in project tokens, from a special pool.
Price increase for the token
We do our best to provide a natural process of increasing the price of the token.
Using a token for payments to authors, gives an opportunity to increase the volume of trades in the token. A part of the income received in the form of ordinary (fiat) money is spent on buying out tokens, which guarantees the growth of the price of the token. The use of the token for voting and payment to the holders of the token also guarantee the growth of the price of the token. Immediately after the launch of the first public version of the service, the token is displayed on the exchanges.
Payments to investors
Last but not least. We do not just issue a token, which you can earn on sale, we promise regular payments to the holders of the tokens.
The size and regularity of payments is determined by voting of the holders of the tokens. First payments to tokens holders begin one year after the start of ICO. Payments to the holders of the tokens are made on the personal wallet in ETH.

Team

Gennady Nedorezov

Founder

Aleksej Jerenkevic

Founder

Sergey Antipov

Technical Director

Dmitry Divitay

Head of the backend department

Ilya Ivanov

Head of the frontend department

Pavel Pochivalin

Head of the UI/UX department

Advisors

Natalia Petukhova

eCommerce expert

Oleg Luchkov

Business expert

Dmitri Nesterov

Business expert

Roadmap

February - June 2017 The main idea of the project. Study of market needs. Search for confederates.
July - September 2017 Understanding the need to use crypto currency and tokens. Decision on entering ICO. Formation of the command core. Formation of technical requirements.
September - November 2017 Formation of a technical team. Work on the first prototype.
November - December 2017 Working prototype. Finalization to the alpha version.
January 2018 Working alpha version. Preparation for pre-ICO and ICO.
February 2018 Pre-ICO start. Limited pre sale of 5% of tokens. 50% bonus.
April 2018 ICO start. Sale of 50% of tokens. Bonus 25% with a weekly decrease.
July 2018 Output of early version. Full access for investors. Limited public access.
September 2018 Public version output. Full public access. Output of a token to exchanges.
April 2019 Beginning of payments to investors. Conducting investor voting on payments. First payments to investors.

Medium News

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