Okschain - a project that gives users decentralized financial system to manage their digital assets. Users will be able to exchange their fiatnye funds for kriptoaktivy, to pay for goods and services using cryptocurrency or make transfers, as well as to issue deposits, loans, and get access to P2P-lending. In addition, users will be able to invest in technology startups.
Business Model Overview Okschain (OKS)
1. The validity of income
The project will receive income from commission fees charged to users, as well as from the provision of services. Users will be able to access advanced functionality, receive a discount on the commission when making money transfers, acquiring gold or silver status on the platform. When conducting transactions in the OKSCHAIN ecosystem, a user fee of 0,00001 OKS is charged. When paying for services available in the OKSCHAIN ecosystem with the OKS token, users will receive discounts on them. Ecosystem members can receive rewards in OKS tokens for committing client actions aimed at developing the ecosystem.
2. Number of currencies accepted
The project accepts such liquid currencies as: USDT, BTC, ETH, USD, EUR.
3. Token emission
The project has a limited number of tokens. A total of 17 360 000 000 OKS tokens will be issued (p. 29 White Paper).
4. Discount on the purchase of tokens
The project does not have a discount on the purchase of tokens.
In the provided flow chart, the project goals are indicated until the end of 2022 (p. 28 White Paper). After the completion of the token sale, the authors of the project will distribute the funds as follows: 34% - “Development of the project”, 27% - “Marketing”, 21% - “Development of infrastructure”, 10% - “Legal expenses”, 8% - “Administrative expenses”.
6. SOFT CAP / HARD CAP Ratio
The current ratio of SOFT CAP / HARD CAP is favorable, which increases the investment attractiveness of the project, the values of SOFT CAP and HARD CAP are $ 4 750 000 and $ 12 090 000, respectively.
7. MVP availability
The project has been developed by MVP.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token holders.