#Token Cryptocurrency

What to expect for 2018? OTN

OTN — What to expect for 2018?

Open Trading Network (OTN) is off to a running start. In April 2018 the Open Trading Network is bringing a first of its kind trading solution to the crypto-market — with the first 100% collateralized, decentralized cross-chain exchange. In the OTN platform you will finally be able to securely and conveniently trade directly between the blockchain networks.

Wider Token Distribution

The platform is supported completely by internal financing. The platforms tokens — OTN tokens are distributed freely by weekly emission as rewards to crypto traders for trading on the IQ Option* platform. These tokens can then be used towards future trading commissions or transferred to an external wallet and traded on exchange.
The volumes of crypto trading are exploding into the tail end of 2017. We can expect to see OTN tokens to have greater trading activity and volumes as the weekly emissions continue over the next year.

Expanded Exchange Trading

Launched only in October of this year, in a mere three months the Open Trading Network Token has been successfully listed on four major crypto-exchanges for trading in the free market. HitBTC is the latest exchange to be added to the list that also includes: Livecoin.net, Cryptopia and YoBit.net. Looking forward into 2018 we can expect to see OTN tokens to be listed on a growing number of exchanges.
1*hQNo2U7qp

OTN Wallet — Coming February 2018

In less than a few months OTN plans to launch the innovative OTN wallet feature to its offering — a single multi-chain light-wallet to store and exchange all of a user’s assets conveniently in one place. Based on the roadmap outlined by the OTN team pre-launch, from February the OTN wallet will support over 7 cryptocurrencies including Ethereum token storage.

OTN Exchange — April 2018

Soon after the wallet we will see the OTN Exchange begin operations — facilitating tokenization of crypto assets via the centralized tokenizer. The OTN Exchange allows tokens to be traded and connects various brokers and partners to the platform. As we move into 2018 we can also see a wider acceptance from brokers and partners accepting tokens as payment for commissions. The exchange can conveniently be accessed via the OTN wallet — creating a streamlined trading solution.

OTN.x — September 2018

September of next year will bring the full realization of the tokenization of crypto assets through a decentralized tokenizer and depository. This will be achieved through the launch of the multi-chain technology: OTN.x

OTN Clearing — November 2018

13 months after official launch we will see the decentralized clearing of all network operations and crucially November will also bring the implementation of tools for regulators — a matter of high sensitivity and attention given the current digital asset climate.

Spreading the Word

Recently appointed official spokesman Mr Dmitrii Kutuzov will be spreading the OTN word through 2018 — highlighting and explaining the many benefits the OTN platform has to offer users at various industry conference appearances. Upcoming events include the Blockchain Expo 2018 in London and the US TokenFest in March 2018.
Learn more about OTN:Open Trade Network
Warning: Investing involves a high degree of risk.
*IQ Option is a brokerage company and does not provide OTN tokens to clients. All tokens are provided by the OTN foundation. The OTN foundation confirms that it does not sell OTN tokens and that the activity is non- commercial.

About the author

Mathias Amodu

A Web Developer, 018 NIRA Award winner for Youth Development, Quickteller Ambassador, A Web Specialist, Blogger, Student, Son and a business Man.

Leave a Comment