According to Gartner Group, in 2016 the global software industry grew 6%, reaching $ 300 billion. In the consumer market applications represent the fastest growing segment.
This includes the game app market, a market that is greatly appreciated for receiving cryptocurrencies because it is immediately liquid and digital. Furthermore, cryptocurrencies are organized in large numbers by overlapping demographics that also use smartphones and applications. A large number of crypto wallets available today are used through apps on smartphones, where apps hold and trade these currencies between other wallets and their wallet addresses.
However, the game app market has a lot of congestion in the reception of cryptocurrency, and hence the barrier to the use of blockchain and cryptocurrency technologies. The global gaming market is expected to reach $ 108.9 billion by 2017, up 7.8% from a year earlier, and mobile games alone represent 42% of that growth. Asia-Pacific is the largest region for global gaming, representing a quarter of all revenue, underscoring the importance of payment solutions that do not recognize international boundaries. Appboy estimates that in-app purchases represent most of the $ 46 billion mobile gaming market, projected that 2017 will see $ 37 billion accumulated through in-app purchases.
The OPEN Platform monetization feature aims to enable this market to take advantage of crypto-escalation, with technology that allows game app developers to receive crypto around this bottleneck.
Open Money builds a developer-centric API platform to facilitate the adoption of mainstream software from blockchain, labeled OPEN Platform. We are focused on developing infrastructure for mainstream software developers to operate with cryptococcal technology and blocking technology. Our approach is to build the initial elements needed by the new software ecosystem, providing solutions for monetization and distribution. Our technical goal is to remove a roadblock for developers who want to take advantage of billions of dollars of inherently digital liquid currency.
By using application-based software design practices that are familiar to developers, such as user-based account architectures, the OPEN Platform will allow developers to accept cryptographic on behalf of users for in-app purchases regardless of app store dependencies. In this way, we will bridge the world of crypto and mainstream software, in an approach that can easily connect to existing product architectures.
Our goal is not to create a decentralized app store, but to drive a set of tangible features and solutions, as experienced developers expect, is needed to usher in a new era where crypto is in the consumer and key business use. Our product features and directives deal only with the crippling bottlenecks experienced by all software developers. Providing solutions to this problem in the form of unique APIs and SDKs, around digital reception and distribution, will give developers an easy way to bring their fiat-based products to the same profitable market. In contrast, software developers through our API and SDK will be able to develop new products and services with the capability or use of blockchain and cryptocurrency technology into everyday life.
The OPEN platform, in a single use case approach, will allow app developers to generate millions of dollars of revenue-generating apps or products with proven monetization algorithms, and through our APIs adapting versions beyond traditional app stores that natively accept Bitcoin or ERC20 token formats and distributed through the OPEN Platform API, without having to rebuild the core of the app in a decentralized way. The technical integration of features and products developed within the OPEN Platform is made developer friendly using the Representative Transfer API or REST API. Furthermore, the platform will use SDKs for JS, iOS, Android and React-Native to support mobile developers to connect directly to our API platform. An approach that lets developers make calls to our APIs to be incorporated into their backend lets developers forget about the use of i-frame or backdoor browsers to take advantage of the wallet, which can lead to a less than optimal user experience and down in conversion metrics in monetization, for example.
OPEN Platform
Open Money does not build a centralized product. Instead, our focus is the Representative's API platform (REST) that focuses on bridging the gap for software developers to incorporate blockchain and cryptocurrency technologies. By focusing on unique innovative API services, our approach can address all the ecosystem requirements needed to support mainstream software developers who utilize closed loops from multiple projects, networks or blocking bench assets.
This allows the OPEN Platform to continue developing the features and products offered within the API as new networks, bottlenecks, token assets and other innovations. Growing with industry and software developers needs a slim, middle man mode that uses REST APIs, ensuring that we are always relevant and on the cutting edge of blockchain products. Developers can make function calls to their application stacks and combine new services and solutions from within our platform. This allows us to continue to focus on infrastructure developments for mainstream developers within API layers and beyond shared protocols or shared data layers from blockchain application stacks. Enable OPEN Platform to provide solutions to the main obstacles and obstacles to mainstream application:
Expectations and processes for rebuilding core applications to fit decentralized decentralized blockchain needs from the ground up may offer certain benefits in certain cases. But if 100% mainstream integration into a decentralized application is a requirement, this will drastically slow down the advancement of cryptococcal stream reception.
Existing reliable methods such as BitPay that utilize web hooks are technically limiting and also not optimal for standard app developers to integrate into their applications.
This method offers fragmented monetization funnels, in contrast to developers the lean experience that developers need when dealing with purchases.
The app store has a complex policy around crypto-crypto acceptance, and therefore, no major app developer is implementing a scalable solution to receive crypto in gait as a method of payment for in-app purchases due to this policy but its apps generate significant revenue.
OPEN MONEY Opportunity
The OPEN API and SDK platforms are centered around infrastructure-based initiatives within the blocked heap. Projects that utilize the initial form of coin offerings for tangible infrastructure-based offerings have been appreciated by investors and viewers of larger blockchain enthusiasts, due to their coaching properties in the use or development of blockchain.
Major infrastructure projects include:
- NEO's approach to trade-focused open source blockchain
- IOTA's big book was built to provide basic support from the Internet
- Infrastructure something
- OmiseGo, the infrastructure of a coin purse that enables the development of a crypto wallet
- LISK, API is used to develop decentralized applications in blockchain
Infrastructure-based ICOs have high market capitalization values and retain intrinsic token values, which indicate their value in the market. As early as 09/17, the four infrastructure-related projects mentioned above ranged from $ 765 million to $ 2.2 billion for market capitalization, which indicates that blocking and shareholder investors seem to appreciate projects related to infrastructure that significantly encourage support from blockchain to various uses.
We believe that a well thought out approach to creating the first prominent APIs to major software developers, supported by a team of experienced software technology experts, will provide significant value to investors and overall blockchain. By focusing on providing infrastructure that can act as a bridge to adopt blockchain technology through simple integration, we secure ourselves as a basic API for use on early adoption of this technology.
Our first OPEN platform will focus on developing widely accepted monetization solutions and, later, distribution solutions, becoming the premier integration provider for consumer software and mainstream companies. Focus first on consumer software in the form of consumer applications.
Our decision to initially focus on consumer applications there are two. First, we have an outstanding background in consumer technology. Open Money team members have led the development of the architecture and technical design of Grindr hit apps (50 million + downloads), Facebook for BB 10 OS and the real money demand app required per user on average in thousands of dollars. In addition, members have led genuine Samsung project applications for Samsung mobile devices and Viacom video application series to interact with various devices and platforms. Secondly, we understand that apps are the fastest-growing segment in consumer software. Further, there is a strong overlap between application consumers and cryptocurrency holders.
OPEN Token
The OPEN Token is an integral part of OPEN Open Money's Platform, which acts as an integrated token platform developer can accept and consumers can shop on integrated applications in the OPEN Platform. OPEN Token will withstand the value of the currency as it is used as the primary currency driver for all users to use in apps using the OPEN Platform feature. The OPEN platform will also accept all other crypto to ensure wide acceptance by developers and consumers. The inherent value of OPEN Token derives from the required use within the platform, to turn on the API. Furthermore, significant vale is derived from our business model that can be incorporated into the token flow spine (ie the percentage of transacted OPEN Token volume cost) similar to Stripe, PayPal or Visa, charging the issued currency.
Further incentives on behalf of consumers to take advantage of OPEN Token, are the premiums carried under the tokens granted by the developer when the OPEN Token is used to make a purchase. For example, if an OPEN Token is used to purchase in-app in-app purchases within the OPEN Platform, a 20% bonus from the in-app currency will be accepted, unlike the Ethereal token. It provides free platform usage incentives and tools for developers, promotes the adoption and expansion of the OPEN Platform.
In contrast to traditional in-app purchase methods such as credit cards, Token OPEN gives developers a secure anti-fraud feature and no chargeback feature, which often addresses fraud and chargeback issues experienced by software developers. In addition, this further solves the problem of mistaken payment that developers often encounter with in-app purchases.
OPEN Token is a token that can be replaced with ERC20. Total supply is pegged at 360 million OPEN Token and will not increase beyond this fixed supply. The total circulation to be sold at the token sale event will be 180 million, equivalent to 50% of the total supply. Up to 15% of token supplies will be distributed to OPEN teams under certain vesting conditions and 3% for our advanced reward program.
OPEN Token will be traded in any and all international exchanges, and will be supported with significant marketing and communication budgets and support from Open Money. The Open Money team has experience with the public market and plans to capitalize on that experience when listing OPEN Token on the exchange.
Token Holders must note that a significant marketing budget has been set aside for this activity after a token sale event. Furthermore, because of the inherent value of TokEN OPEN to a software developer utilizing our API, there is an Open Money interest to ensure the token value is maintained.
so my discussion about OPEN MONEY for more info please visit some of the following Links:
Website: https: //www.openmoney.digital/
Whitepaper: https: //s3.amazonaws.com/openmoney/OPEN+White+Paper+v.2.pdf
Facebook: https: //www.facebook.com/OpenMoneyICO/
Twitter: https: //twitter.com/OpenMoneyICO
Ann: https: //bitcointalk.org/index.php? Topic = 2150904.msg21517540 # msg21517540
By RyanEncek
https://bitcointalk.org/index.php?action=profile;u=1076774
ETH: 0xaE5e525E57a6117fa00Ae27b57e94b92B1Bf0c51
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