OST
OST

5.491
XVP
0.50 %
Change 24h
Genesis
November 10, 2017
Market Cap
XVP 2,894,423,091
Volume 24h
XVP 87,656,521
Circulating Supply
526,650,000
Total Supply
800,000,000
OST
XVP
Description
Simple Token ["OST"] is an EIP20 token and OpenST is a protocol to support token economies in mainstream consumer applications. The business and technical challenge we set out to solve is to enable mainstream consumer applications to benefit from deploying their own branded crypto-backed token economies, in a scalable and cryptographically auditable manner, without needing to mint and maintain their own publicly-tradeable EIP20 tokens. The OpenST protocol enables the creation of utility tokens on a utility blockchain while the value of those tokens is backed by staked crypto-assets on a value blockchain.