OCTUS ICO REVIEW

What Is Octus

Octus (OCT) is the first and true cryptographic project for the massive and automated distribution of cryptocurrencies and tokens of the most popular and known blockchains such as Bitcoin, Ethereum, Bitshares, NEO, NEM, Waves, among others. 

Being a decentralized tool, that anyone can use it for the purpose of distributing cryptocurrencies to a list of wallets of their own choice, in an automated, controlled and secure way.

The Octus project was born from the cryptographic community need in the following tasks.

• Airdrop’s token distribution,
• ICO’s tokens distribution,
• Profits distribution of a pyramidal organization,
• Programmed payments of cryptocurrencies of a company or startup, just as it is done in a payroll system,
• Micro payments,
• Distribution of rewards and bonuses,
• Sending of gifts and consignments, among many other uses.

Features

• Decentralized — Anyone around the world can download the software and make a cryptocurrencies distribution in minutes
• Wallets Validation — The application will validate that each wallet included in the list is valid and can accept the token or currency that will be sent.
• Master Nodes 2.0 — All 100 OCT payments of our application will be distributed to the wallets of those who have their OCTUS masternode, proportional to the number of tokens they have
• Proof of HODL — All those who hold 5000 OCT tokens or more in their wallets, will receive airdrops of other projects.
• Reports — The system will emit reports at the end of each distribution, so that failed shipments can be reprocessed.
• Controlled distribution — The user will be able to see in real time how the distribution is running and which have been the unsuccessful wallets
• Variety of Blokchains — The application will accept various blockchains to make shipments.
• Distribution in minutes — The application will use multi-threaded to send transactions parallely, using the power of the processor to manage concurrency

Why Crypto World Need of Octus?

Television and the internet experimented an evolution and many tools were developed for use, handle and understanding of such technologies like mouse, graphic interface, software, explorer, browsers, etc. As all of them made easier the use of computers and the internet, today it is necessary to develop tools to facilitate use and massive handling of crypto-assets by widely functional, strong and easy-to-use and understand interfaces, covering areas unexplored yet.

https://www.octus.network/

• Any user could download the application on his computer; this application is called OCTUS.
• User would choose any of the blockchains available from the list on the application to execute distribution.
• OCTUS will synchronize the blockchain or will prepare the Smart contracts to be executed.
• User must pay 100 OCT (Octus tokens) to the application, as a tax for each distribution made. If each token costs 0.5$ at the moment and its value would rise up to 1$, the payment will decrease down to 50 Octustokens.
• Those payed tokens will be reserve don the Project wallet and remain there for 3 months and then released to be used again
• Once OCT (Octus tokens) had been paid for application use, the app will validate wallet list must be on CVS or JSON format. Each wallet will be validated before sending in processed in order to check token or coin to be sent.
• Application will ask user how fast the sending is required and then will calculate fee payment. Wallet must have enough gas or fee to execute the sending.
• Application will start batch processing and will show results in real time.
• By the end of each distribution, the application will show a report with results.

Token Detail

For More Information

Website: https://www.octus.network/

Whitepaper: https://www.octus.network/whitepaper-v1_0_23.pdf

ANN: https://bitcointalk.org/index.php?topic=5054259.msg47096465#msg47096465

Twitter: https://twitter.com/octusnetwork

Facebook: https://www.facebook.com/octusnetwork

Telegram: https://t.me/octusnw

Author

LucY!

https://bitcointalk.org/index.php?action=profile;u=1697847

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