OTC tokens and economy of the OTC Exchange
OTC Exchange uses OTC tokens in its economy. OTC tokens can be used in different cases:
Payment for promotions
Having big listing it’s always hard to be noticed naturally. Especially if you are unknown project.
OTC tokens can be used to pay for promotions of crowdsale campaigns and bounties. Having hundreds to thousands of campaigns on site it will be hard to standout. By paying for, let’s say 1000 tokens will give a campaign 1000 extra views by showing the campaign on the top of OTC Exchange site.
The similar situation could be with bounties or job entries: there could be thousands of different bounties and to get on top of other bounties, a project will pay some OTC tokens.
Reward for bounty
You can pay for bounty with tokens of your project that is going to launch a crowdsale. This is a good way for project to save money and to get some work done cheaper. But from the other side this way of payment is not safe for workers/contributors, because there is a big chance that a project will not success in crowdsale because of a big competition with other projects.
OTC tokens as a payment reward for bounty could be a good alternative. Every project could have OTC tokens on its deposit (for example after a required topup during publishing of ICO campaign), and these tokens could be used as a reward for bounty tasks instead of unissued tokens of project. OTC tokens will be more respected and safe way to pay for the job, such as they will be tradable at that moment in contrast to unissued tokens of a project.
Payment for services
OTC tokens could be used as a currency that projects will use to pay salary for their employees or as a one time payment to freelancers. What kind of work can be payed with OTC tokens?
Legal support / consultancy
Copywriting and PR
Programming related tasks
Design and artwork
Regular salary for employee
One time payment for freelancer
OTC Bounty Platform
Bounties is a great way to save some money during preparation to crowdsale campaign. Many contributors would like to do some trivial or easy work in exchange to tokens of a project.
Create bounty tasks
Describe what should be done, what is the time frame for task and how much tokens a participant will get as a reward.
Manage bounty tasks, give feedback to contributors
Review tasks done by bounty hunters. Follow the proof links and check the quality of work. Give feedback to participants and send tokens as a reward.
Want to participate in bounties?
Do you like to accomplish small tasks that cost almost nothing for you and get rewarded for that? For example: signup to newsletters of a project or follow their Twitter / Facebook profile? Then bounty tasks are right for you!
Job marketplace for contributors
Every project needs a help in different areas: coding, design, legal support, copywriting, marketing, etc. If you a person with required skills, then you can easily find a job at our marketplace. Help a project and get paid in cryptocurrency.
We are professional public market and software developers with 20+ years of experience each. We worked in different organizations from United States public startups to large international corporations. All the projects we participated in are successful.
Now we are focused on a development of blockchain ecosystem. We consider OTC Exchange as a solution that can help other teams to bring their projects to life by helping them with raising funds and unifying them with global investment partners for their development