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Monday, February 19, 2018

OPEN COLLECTORS - First Decentralization Platform For One-Of-A-Kind Token

Hello everyone here I will describe the Open collectors project and here is the explanation:

Open Collectors Network is the first decentralized platform for one-of-a-kind tokens, where anyone can create their own, create, customize, interact with and trade their own tokens, on the open market, based on existing standard specifications.

Platform Objectives

This is the first platform to create and trade non-photographed tokens.
The best way to explain it is to set an example. Imagine you print 1000 flyers and distribute them on the road. You do not care which flyer you handle from the pile, because everything is identical: same size, same content, same purpose. This collection of leaflets is worth it and it is equivalent to the current crypto currency: if you send someone 1 ETH, it does not matter "the" ETH of your wallet is it.

But let's consider now, another collection: paintings by famous artists. Already, we can tell the difference: even if everything is painting, if you want to buy it, you will not pick at random. You prefer others, some are more expensive and so on. They're not fungible, because they're all one-of-a-kind and that's the "that" one.

This is a special type of token that became our platform, and we are very confident that use cases for it are endless. for example, see the use case section

Use case

Possible use cases for unique tokens are almost endless. We have some that have been implemented and more we have been thinking and working on. But more importantly, these are the things we do not think are interesting: our platforms are open to everyone and we expect innovative ideas to be implemented at the top of our platform, especially since this eliminates all the complexities associated with blocking.

Individuals or groups can distinguish some things unique with them, for personal use (eg CryptoKitties)

Any freelancer or business can easily associate their personalized product (such as cars, goods or handmade items).

Maintain their inventory in the ledger to increase trust between their client base.

Some types of games, such as Magic: The Gathering © or in-game collection such as AWP Dragon Lore's skin on Counter-Strike ©, can be held in the ledger, increasing accountability and transparency for the owner company. It also makes it trivial to attach amp; value (virtual currency) to any item.

The ability to purchase digital assets in order to use them in games or in game development is possible through the use of the ERC721 standard. This means the market offers tools for game developers to sell their creations or use these creations for further game development.

Partnerships with companies that can categorize their products; let's take an example of users who live and breathe Apple products; he will make / buy a different unique Apple token, at which point he, or even us, can approach the company and get a discount for him as a reward.

It should be noted that digital media can be represented here. This can be pictures, pictures, music, books, or anything else one might want. For example, every artist, writer, musician can sell their assets, as long as it's digital to anyone who wants to buy the asset. Furthermore, digital rights relating to the ownership of digital media can be bought and sold through the market. The latter has the benefit of avoiding digital rights auctions and reducing the cost of transacting significantly and the costs associated with it. Small creations, such as a brand name, or logo can be directly held on-chain, while larger ones can be stored anywhere above the cloud, and only hash of the values ​​stored in the ledger.

Our platform aims to partner with a KYC solution, where once the user identifies his identity, his unique token is created in blockchain. Whenever a user needs to verify his identity with another website, he may use Metamask to sign a transaction verifying that he / she is the token owner with all the information and the website may re-check using our API. The same can be applied to more common use cases of logging to websites and will work the same way as signing in with Facebook or Google, unless it will be decentralized and you will have your credentials, not a 3rd party company.

One of the most basic and common patterns in coding in general is to use a collection of objects with different attributes. The standard includes arrays, lists, dictionaries, hashmaps and there are many open source libraries that provide custom collections (think C ++ Boost, .Net C5 etc.). Our platform will provide open-source libraries with collections that store objects in the ledger, bringing with it all the benefits of decentralization while simplifying all the complexity of blocking. All it takes is a wallet capable of signing transactions.

Features like Facebook 'like' buttons that can be easily installed simply by using script tags on your site, allowing various functions for your token.

Anyone can create individual & unique tokens, based on existing ERC721 standards, using a seamless user interface or our standard REST / Json API, for more advanced or corporate scenarios.

The rules of interaction between tokens and other similar tokens can be defined. This allows customized conditions, even like games for your token.

Among the existing tokens that respect the interface and can be traded on our platform are Decentraland, CryptoKitties and CryptoPunks. We expect more to be made in the future by 3rd parties and we support the token trading on our platform.

We bridge the gap between blockchain and day-to-day technology: the platform provides an intuitive interface for defining unique token details and rules of your token and having automated algorithms to prevent duplicates. You do not need to know programming to create your own token for something you like or need.

Along with the increasing value of popular tokens over time, they can be traded on the open & decentralized market in various forms: fixed prices, multiple types of auctions and exchanges with other tokens.

This platform provides trade features such as finding tokens, contacting token owners (limits will apply), top tokens, tokens, history, orders and more.

The main benefit of using the ledger for this purpose is the increased trust when purchasing such goods, because the owner is kept in the ledger, so the proof of authenticity is the token itself.

Our platform will host the first exchange where you can create & exchange unknowable (unique) estimates.


The operation on the platform is done using our own coin, ECTO. This is necessary to ensure fair use of the platform and avoid spamming and overloading the Ethereal network, especially with regards to the manufacture and trade of unique merchandise.

In addition, having an Ecto in your wallet also offers several advantages, according to a special proof-of-stock algorithm:

Discounts for all operations.

Right to choose for features that must be implemented platform first.

Airdrop is given periodically, in the form of ECTO drops, based on a combination of activity on the platform and the amount of ECTO you hold.

25% activity is measured in relation to total activity by all platform users.

75% of ECTO shares refer to the amount of ECTO you have in your wallet at the time of calculation.

At the time of our token sale, this mechanism will be fully implemented into smart contracts, to add transparency and accountability.

For more research on Open collectors at this time, please see the Link below:

Bitcointalk user name: Icaica22

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