Just Keep Your Head Down and Build
OST has persevered and thrived through the recent crypto winter by staying focused and building essential blockchain enabling technology to meet real use cases for companies with tens of millions of users.
Our internal mantra from the beginning has been:
Ignore the hype.
Keep your head down and build.
Results win over words.
We have now been working on OST for nearly 3 years — I guess that makes us somewhat veterans in the blockchain industry.
We began working on the concepts behind OST in 2016. We followed a counter narrative to the then-prevailing blockchain industry sentiment. We posited that the ICO hype was just that, hype, and that markets would eventually tighten, creating a gap for blockchain economy enabling technology. We further posited that while DApps are part of an exciting future, DApps would initially struggle to gain adoption, whereas existing mainstream apps with millions of users could lead the way in providing real use cases and benefits for public blockchains.
In 2017 we refined our plans to be the enabling technology for mainstream businesses to benefit from blockchain (the “Twilio” or “Stripe” of Blockchain) and we released the OpenST protocol for creating Branded Token economies. In 2018 we continued development on the OpenST Protocol, introduced OpenST Mosaic a layer 2 protocol for scaling token economies, and built up OST KIT a SaaS and API/SDK platform that enables large scale mainstream companies to easily launch and manage Branded Token economies without requiring any blockchain development on their side. In 2018 we also worked with hundreds of development teams on test integrations of OST KIT and signed partners who regularly reach more than 300 million end users.
This year, in 2019, we’ll go to market.
Thanks to our strategy and focus the past couple years, I firmly believe that OST is one of the best-positioned blockchain technology companies to prove real results in 2019 and beyond.
Ignore the hype.
Keep your head down and build.
Results win over words.
At the end of 2018 I sat down with Manuel Stagars from the podcast “The Blockchain and Us” to discuss OST’s strategy and my outlook on the market.
