Otcrit is building the “Universal crypto-marketplace”.
The crypto-industry has had a wild run for the last one year, yet quality information is scattered all across the Internet and exchanges are far from providing the best possible user experience. Otcrit plans to change this for good. With their advanced merge of a cryptocurrency exchange and research services, they will present the whole blockchain space with thorough information, expert reports and opportunity for everyone to join and benefit from an extensive database. This one-place-stop for all the traders will include analyses of the political, economic and social situation in the countries, which drive the cryptocurrency adoption forward (or sometimes backwards), the latest technical analyses and reports that break down the technology, the roadmap and the strategic partnerships behind every single project.
To achieve something as ambitious as this is actually very simple, according the CEO and Co-founder of Otcrit — Victor Koychev:
“No one really wanted to hear what the people desire when it comes to services and user experience. The projects are focusing too much on marketing which led to all news outlets to bump up their prices to unbelievable heights creating unfair competitive space. Bloggers and YouTubers joined this practice by starting to only review companies they have been paid to. We dealt with it by giving control back to the people and by creating a platform where our team of experts can analyze the blockchain projects and give a fair assessment of their products.”
To really give control to the people and let their voices be heard, Otcrit created the option for everyone to publish their own “community reports” on the platform, hire experts, translate existing material and request reports from the community. All of this is achieved by integrating the OTC token as the only payment option in the Otcrit ecosystem, while at the same time rewarding each one of their token holders with 10% of the fees they collect from any services the company has to offer. This includes the fees from their trading exchange — Otcritex, where customers can enjoy trading digital assets from companies researched and evaluated by their experts to make sure they only list projects with solid and active development.
The Otcrit Company is going against the current standard where startups are required to pay up to a million dollars to get listed after their funding campaign has finished. The complete opposite is the way the Otcrit exchange will operate. Listing will be free and all companies with an issued digital token will receive 5% of the collected trading fees. The awarded developers will be able to put this payback into the development of their project or into hiring more personnel.
The Otcrit team promises to deliver one of the best user experiences seen in any cryptocurrency exchange to this day and they are dedicated to do so. Advanced charts, events integrations, newsfeed and custom alerts are only some of the features they will provide for traders.
If you want to learn more about project make sure to visit their website, follow them on Twitter and go read their whitepaper where you will learn in great detail what their vision is and how they plan to reach it. The presale for the project starts on 15th of February and will continue for one month.
Whitelist for early investors can be found here: https://www.otcrit.org/whitelist
