Open Collectors Network (ECTO Token) ICO review — For Smart Investors

Hi guys

I’m here to tell you about Open Collectors Network. If you haven’t heard of it already, Open Collectors Network is a decentralized token or digital currency exchange industry. Using the Open Collectors Network Platform, users can create and trade or exchange with their own personalized tokens. In other word, Open Collectors Network Platform allows users to create and trade non-fungible tokens. The team is absolutely amazing and they have been working on Open Collectors Network as a whole for sometimes now. I have tracked the records of various members of the team and I can say that they are incredibly professional.

I personally have done a lot of digging on Open Collectors Network and I am yet to find any major red flag that would make me give up on investing in their ICO. Knowing how much the core members of the team have sacrificed to build everything from the ground up gives me more hope about the company as a whole.
Open Collectors Network group, completely, every one of its representatives work for the advantage of the organization and are constantly prepared to help in any matter. They are dependably in touch and don’t dismiss any issue. For sure, at the present moment when we are discussing ICO ventures this reality is very critical.
All models made by the Open Collectors Network advancement group are freely accessible, at the present time you can acclimate yourself with and experiment with this platform.
Open Collectors Network takes an interest in each conceivable crypto, blocking gatherings, and finish up genuine contracts.

Let’s talk about their product and what kind of Solutions they provide.

By and large, Open Collectors Network is a platform that enables clients to create their own particular interesting tokens. The platform likewise enables clients to purchase, offer, and trade one of a kind, special, unique or personalized tokens.

Specialist or business owners can without much of a stretch tokenize their customized items, goods or products. Organizations can tokenize their items and offer restrictive rebates. People or gatherings can tokenize things of significant worth to them for individual use.

Open Collectors Network will have the primary trade where you can make and exchange non-fungible (special) tokens.

Open Collectors Network could be utilized for DRM, making a one of a kind advanced resource that exchanges computerized media and rights proprietorship.

Client Identity: Open Collectors Network plans to join forces with a KYC answer for unrivaled client character check. A client can confirm personality through the platform, at that point have an exceptional blockchain-based token made for their profile.

Blockchain Collection: Open Collectors Network will furnish an open source library with accumulations that store protests on the general population record. A portion of the conceivable uses for this library incorporate as a cluster, rundown, lexicon, or hashmap, or as an open source library for particular accumulations like C++ Boost or .Net C5.

How Does Open Collectors Network Work?

Tokens made on the Open Collectors Network platform will be of the ERC721 standard. Clients will make tokens utilizing a consistent UI or a standard REST/Json API for further developed/corporate/endeavor situations.

Clients can characterize communication leads between their token and other comparative tokens, taking into account adjustable or even diversion like conditions for your token.

What is ICO and Cryptocurrency?

ICO is crowdfunding via use of cryptocurrency, which can be a source of capital for startup or existing companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin.

Why you should invest on Early Stage?

Early stage and existing companies might worth extremely low and have huge potential to fast-growing. Smart startup companies today can scale up hundreds of time faster than they could just a few years back. There’s never been better time to invest. This opportunity now available not only for venture capital or institutional investors, but for retail investors and for you too.

ECTO tokens.

ECTO tokens is a valuable digital asset, which will be used at the biggest crypto currency markets. With the help of ICO Open Collectors Network plans to attract the investment resources at a wide range. As suppose, the token sale will be interesting for the owners of digital assets, who would like to transfer them into the more secured investment tool and not to tremble anytime they hear the news about the possible Bitcoin rate falling.

All tasks on the Open Collectors Network platform are executed utilizing ECTO tokens. This is the platform’s local token. Open Collectors Network needs its own particular token in order to stay away from over-utilized and spamming of the Ethereum arrange.

Having ECTO in your wallet additionally offers a few advantages, including rebates on every single Open Collector Network tasks, voting rights for highlights on the platform that ought to be actualized straightaway, and airdrops in light of your platform movement and the measure of ECTO you hold.

In other to participate in the ICO, follow these steps below:

Purchase the tokens: ECTO will issue a number of tokens during the ICO.
Receive dividend payments: As a token holder, you have the right to receive payments equivalent to shareholder dividends.
Convert your tokens into shares: As a token holder, you also have the right to convert your tokens into Ordinary Shares

ICO Detail:

Pre-sale Time: 12 Feb 2018–25 Mar 2018

Whitelist/KYC: Whitelist & KYC

Country: Romania

Token info:

Ticker: ECTO

Platform: Ethereum

Token Type: ERC20

Available for sale: 97,500,000 ECTO

Price: 0.00015–0.00016 ETH

Accepting: ETH

Soft cap: 3,000 ETH

Hard cap: 15,000 ETH

Token metrics

Total supply: 150,000,000
Sale supply: 97,500,500 ( 65% )
Advisors: 15,000,000 ( 10% ) — released in batches
Founders: 15,000,000 ( 10% ) — vested for 12 months
Company: 19,500,000 ( 13% ) — used for partnerships & future ECTO related events
Bounty & Airdrop: 3,000,000 ( 2% )

Sale metrics