OTPPAY is an “Omni Token Platform for Payments”, the Blockchain powered Wallet (Buy | Sell | Exchange & Pay). OTPPAY will be the world’s largest platform in which all major crypto assets can be bought, traded and even make payments to the merchants at low fees instantly or escrow based. The pain point of crypto to fiat conversion by the merchant is bridged. Yes, trough our innovative artificial intelligence and machine learning based order/transaction matching engines will convert any cryptocurrency to OTPPAY tokens and OTPPAY tokens to fiat currency just in time.
OTPPAY is a unique payment platform, which will have a way to use their favourite cryptocurrency in order to pay the vendors/merchants instantly. We provide vendors with the safety and convenience of receiving funds in fiat currency.
One can even change the primary payment option from any cryptocurrency to OTPPAY tokens or fiat currency instantly, thus by protecting them from cryptocurrency market volatility. Our OTPPAY security system will be designed with the blend of traditional fiat currency security standards and latest blockchain technology.
We will be acting as the catalyst to enable the just in time cross-border e-commerce and business transactions which will reduce the dependency of forex mediums. Our solution will disrupt the forex/cross-border financial market instantly. Our API’s will interact with the global eKYC interfaces and hyper ledgers to avoid the anti-social transactions. Our omnipresence data mining infrastructure will help us to build the proprietary negative database of suspicious transactions and block them in future thus by saving crypto-miners time & money.
In near future, our AI-powered smart engines will be used to frame Crypto Credit Rating (CCR) system, by which merchants & users will be benefited from the OTPPAY Lend features.
We are a team of developers, engineers, artists, problem solvers, economist and early adopters working round the clock to build a sustainable crypto economy. We think, design, test, build and go to market. We recognize the needs of consumer innovation, that’s how OTPPAY was envisioned. Whether you trade crypto or make crypto payments, this is your one-stop solution. We strive for openness, trust and innovation, but most importantly we strive to be a meaningful contribution to our customers. OTPPAY: Omni Token Platform for Payments, we thrive to bridge the gap between crypto to fiat payments instantly. Our vision for openness translated not only into our technology but also our corporate culture. We believe in sharing, co-creating and bringing value to each other.
Omni Token Platform for Payments (OTPPAY) thrives to bridge the gap between the Crypto to fiat payments. OTPPAY comes with the following services.
Buy & Sell: Otppay will be a most preferred way to buy and sell cryptocurrency or digital assets powered by Artificial Intelligence & Machine Learning.
Send & Receive: Cryptocurrencies or crypto assets instantaneously. Otppay planned to offer very low transactional fees among the major crypto players around the globe.
Exchange: Exchange your cryptocurrency/crypto asset, just in time from one wallet to other instantaneously. Our AI & ML powered exchange request matching engine cross matches the request and simply swap the requests thus by offering lowest industry exchange rates.
Merchant Payments: Merchants will be provided with the unique identification code embedded with the QR code so that the users can instantly transfer the payments just by scanning the QR, Our Intelligent smart exchange engines will settle the merchants with the fiat currency instantly. Through our NFC based Tap to Pay, we offer the best in the class contactless payment system.
OTPPAY Lend: Blockchain powered instant OTPPAY crypto lending solutions. Through our OTPPAY Lend option, our merchants can lend 2X to 5X amount of monthly sales as a short time credit. The Lending limit will be calculated by the merchant sales performance and the CCR Score & repayment schematics.
PRIVATE SALE : LIVE PRIVATE SALE ENDS : MARCH 4th
PRE SALE STRAT: March 5th PRE SALE END : April 3rd, 2018
ICO STAGE ONE: April 4th, 2018 ICO STAGE 1 ENDS: May 3rd, 2018
ICO STAGE TWO: May 4th. 2018 ICO STAGE 2 ENDS: June 2nd, 2018
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Cofounder of International Consensus Association | Investor Relation | China Market Rated on Feb 22, 2018
5
5
5
5%
I like this idea, it is a real product service already work at the special region. The core team is dedicate and the advisory board is strong and experienced. I evaluate this is a low risk project. Just waiting another team member pass KYC.
ICO Advisor, 50+ ICOs since 2016, Founder and Publisher of Blockchain News, partner Blockchain Partners, founder Cryptoassets Design Group Rated on Feb 17, 2018
3
2
2
5%
..." will be the world’s largest platform..." Really? Pretty cocky claim.
I don't see the point of having a 'bridge' between crypto and fiat? Is that not what Bitcoin does?
Lending. What are your interest rates going to be? Will this be another payday loan project with short term lending to the poor in India with high rates? You don't tell us in the whitepaper. Merchants lending? Sounds like a disaster in the making.
19 million for the public and employees from the billion being allocated? That's less than two percent. While 200 million is reserved for tech and operational for OTPpay management?
You want to do buybacks and burn from a capped cryptocurrency to pump the price? While that's interesting in theory, you will eventually burn through the cryptocurrency mathematically. You don't show any math to prove your thesis that this will work.
In fact, there's no math or algorithms in the whitepaper at all. It's a very pretty deck with stunning graphics. But it's not a whitepaper.
VISA and Mastercard have put a clamp on all cryptocurrency debit cards, with the death of Wavecrest. Before pumping a debit card, you should make sure you can even offer one.
I don't see what the others who marked this up so high see in this project.
Thanks for your valuable time, I think you have totally misunderstood our vision and mission. Please look into our point of view as follows,
1. We never claim that we are the worlds largest platform, our aim to be the largest platform, it's unfair to comment on one's aim or ideology and name it with such harsh tags.
2. from your comment on "Lending", It's clear that you have not read our whitepaper, we mentioned about Merchant Lending or Invoice Discounting. It's a huge market. I place a humble request not to point my country as "POOR", As an INDIAN I strongly object it.
3. Next is Token allocation and distribution, we have done strong analytics with our financial experts. We believe this distribution makes stable and robust token placement.
4. We are working on our proprietary payment protocol, we cannot release the math or technical architectures or conceptual formulas without product completion.
5. Visa and Master may dump the crypto market, but it won't stop crypto innovation. We have alternative plans to address this.
6. You have all rights to comment on any project, but you cant point other positive viewpoints.
Thanks for your kindness in showcasing your viewpoint. If you want any further clarifications, you can email to [email protected]
Dear Sir, if you note all our product and services are interlinked. With the technology available we can do many things possible. With my team (www.idbtec.com) we can able to achieve this with sustainability.
Award-Winning Author | Angel Investor | STO and ICO Advisor | UN Consultant | INSEAD MBA | Advisor Polymath, BitBlock Capital, Fiat Capital Fund | Rated on Mar 25, 2018 Modified on Nov 30, 2018
4
3
3
5%
Strong team and real product! looking forward to seeing how this progresses but it has been slower than expected. Better communication with the market and working to gain real user adoption is key.
Can you please let us know what issues you have with our advisory board. We trust in the intellectual exposure. I trust in my team they will make things happen. Secondly, as I explained to another review, each and every product and services mentioned in our white paper is interlinked. With the power of data analytics, AI & ML we can make things happen.
ICO Advisor | ICO Consulting | Project Review |MBA Finance and Strategy |9+ Years of Corporate Experience | Crypto Trading and Investing Rated on Feb 22, 2018
3
3
3
3%
How is it different from the projects which are already available in the market with similar concept? Though the company claims to have exposure to technology but the MVP is still not available. Concept doesn't seem to be appealing and is just one more ICO in the market.
OTPPAY has its own unique features, I request you to spend your valuable time in reading our whitepaper. Secondly, I request to download the APK file from our www.otppay.io website and feel our demo UI. If you have further details please write down to [email protected]
Serial Entreprenuer, Blockchain, AI and CRM Solutions Expert, Author, Speaker, Blogger and Mentor Rated on Apr 2, 2018
3
2
2
2%
Product : There are several wallet services that provide crypto and fiat currencies exchange and payments before OTP Pay
Vision: There is no vision about how their wallet would penetrate the market.
Team: I checked the founder's LinkedIn profile and found no experience with Blockchain or Cryptography which is very important for a company offering a secure wallet/payment services
I rated the team as 2 previously. However, the founder clarified their experience with blockchain and hence the rating changed to 3
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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