OVC is a utility token and is the only medium of payment for OVCODE transactions. OVC will be used for the following:
- Asset Registration
- OVCODE Blockchain Publishing
- OVCODE Verification
- Advertisement Sponsored Features
OVC is an ERC20 token and has a finite supply.
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.