OVC
OVC is the utility token of the OVCode infrastructure
PROFILE
Abbreviation: OVC
Max Supply: 83, 875, 000
Circulating Supply: 73, 875, 000
TYPE
OVC
is an ERC20 token
and has a finite supply.
COMPLIANCE
OVC is focused on
full regulation compliance,
where trust and reliability is its core.
DECENTRALIZED EXCHANGE
FAQ
OVC is a utility token and is the only medium of payment for OVCODE transactions. OVC will be used for the following:
During registration to OVCODE, the user is created a loadable OVC wallet. Upon completion of function processes, users will be redirected to the payment page and will be prompted to pay via OVC. OVCODE will deduct the payment amount to the user’s OVC wallet. Verification costs are fixed for every publishing institution. OVC payment will be converted to the fixed payment depending on the current OVC market value.
- Asset Registration
- OVCODE Blockchain Publishing
- OVCODE Verification
- Advertisement Sponsored Features
During registration to OVCODE, the user is created a loadable OVC wallet. Upon completion of function processes, users will be redirected to the payment page and will be prompted to pay via OVC. OVCODE will deduct the payment amount to the user’s OVC wallet. Verification costs are fixed for every publishing institution. OVC payment will be converted to the fixed payment depending on the current OVC market value.
OVC is classified as a utility token with additional payment token characteristics. Utility tokens are tokens, which are intended to provide access digitally to an application or service by means of a Blockchain-based infrastructure. Payment tokens are tokens, which are intended to be used now or in the future, as a means of payment or acquiring goods or services or as a means of money or value transfer
Listed below are OVC Differentiators:
- OVC was designed with price stability and low volatility thus there are only 83,875,000 tokens available. A low token volume supply.
- OVC is a utility token by design; it is a fundamental component to run the OVCODE infrastructure. OVC’s demand is supported by the OVCODE Blockchain technology platform.
- OVC payment for publishing and verification will be constant since OVCODE uses its own private Blockchain network. Other technologies have erratic rate value because their applications are built on top of public Blockchain.
- OVC will never split or fork. Stability is the focus of OVC.
- The OVC is focused on full compliance based on stringent financial rules and regulation of Switzerland.
OVC will not have any inflation as the OVC tokens are pre-mined and no new tokens will be minted.
As more transactions are serviced by the OVCODE infrastructure, an increased number of tokens are paid back to OVCODE thus decreasing the total available supply and further deflating the market.
With decreasing supply and increasing demand for OVCODE services, OVC is projected to be immune to inflation.
As more transactions are serviced by the OVCODE infrastructure, an increased number of tokens are paid back to OVCODE thus decreasing the total available supply and further deflating the market.
With decreasing supply and increasing demand for OVCODE services, OVC is projected to be immune to inflation.
OVCode has been informed that the name of Microsoft Corporation have been connected to the offering of OVCoin in Korea. OVCode wishes to correct any misimpression that Microsoft is related in any way to the offering of OVCoin. Microsoft Corporation and all of its affiliate companies have not been an investor in OVCoin or any of OVCode’s representatives in relation to the offering of OVCoin, nor is Microsoft or any of its affiliates related in any way with OVCoin.
