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Simple Token (OST)
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Simple Token ICO summary information

Project Description

Simple Token enables any business to launch a branded cryptocurrency on open Ethereum sidechains. Simple Token, a protocol for consumer app tokenization is bringing crypto to mainstream apps, enabling them to launch branded crypto tokens without the ICO drama.

Team:

  • Jason Goldberg: Chief Executive Officer. 
  • Nishith Shah: Chief Technology Officer. 
  • Ben Bollen: Chief Technology Strategist. 
  • Sunil Khedar: Chief Technology Officer.  
  • Jason Banks: Lead Engineer.  

SimpleToken will be holding its ICO on the 14th of November, 2017. The ICO token supply represents 30% of the total token supply, so there will be a total of 240,000,000 tokens available, for $0.0833 each at the offering. The ICO funding cap is 20,000,000 USD and is expected to end on the 1st of December, 2017 or when the funding cap is reached.

Token Reserve Split (70%):

  • 27.2% Accelerator Program;
  • 10% Advisors;
  • 17.2% Future Token Sale;
  • 5.6% Early Backers;
  • 10% Founders;

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
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From: OST

June 07, 2018

The OST vision to be the essential technology fabric that enables the decentralized web, how we’re…

The OST vision to be the essential technology fabric that enables the decentralized web, how we’re going about building it, and more from our recent AMAOur vision at OST, “Open Simple Token,” is to be the essential technology fabric that enables the decentralized web — the...

From: Jason Goldberg

June 05, 2018

Blockchain with Pride: LGBT Foundation and OST Announce Partnership to Launch Global LGBT+…

Blockchain with Pride: LGBT Foundation and OST Announce Partnership to Launch Global LGBT+ EcosystemOST and the LGBT Foundation, backed by Hornet Networks, are pleased to announce a new partnership to launch an ecosystem powered by OST blockchain technology, to empower, connect and support LGBT+...

From: Jason Goldberg

May 31, 2018

Meet us in New York: Join Jason and Ben at Betaworks Studio on June 19th

In partnership with Betaworks, we are thrilled to announce that our Co-Founder and CEO Jason Goldberg as well as Benjamin Bollen, our Co-Founder and Chief Blockchain Strategist, will host Blockchain X Mainstream, a workshop on how to bring blockchain to mainstream applications, at the new...

From: OST

May 30, 2018

OST KIT PHP SDK Launch

We’re excited to announce that our official OST PHP SDK is now live. This was another request from the OST community and we’re thrilled to share this release with our Partner Companies and to make it available for the future OST KIT⍺ Phase III program, more details on that coming soon.As...

From: OST

May 25, 2018

Save the Date: AMA with Jason Goldberg and Benjamin Bollen on 31 May 2018!

We’re thrilled to announce that we’ll be hosting an Ask Me Anything (AMA) on YouTube with Jason Goldberg, Founder and CEO, and Benjamin Bollen, Founder and Chief Blockchain Strategist on Thursday 31 May 2018 at 2:00pm UTC.Visit https://www.youtube.com/watch?v=66KeuA05XOA to follow the live...

From: OST

People of OST: Akshay and Junisha

In this week’s People of OST we interview two more members of the OST founding team, Akshay and Junisha. They have both been working with Jason (OST’s CEO) and Sunil (CTO) for many years.Don’t forget to check last week’s interview with our global Chief Financial Officer and GM of OST...

From: OST

May 21, 2018

OST Partners With GMEX, Block Commodities and FinComEco to launch FACES (Feed Africa Commodities…

OST Partners With GMEX, Block Commodities and FinComEco to launch FACES (Feed Africa Commodities Eco-System) tokens powered by OST tech & the $OST tokenOST blockchain technology enables any company or project to deploy branded cryptocurrency tokens backed by the market value of OST, on...

From: Jason Goldberg

May 17, 2018

Launched: OST API v1.0

One of our overall goals at OST is to make blockchain technology and access simpler for everyone. As we took a look at our alpha I API code base as well as feedback from the community, we decided that in order to grow while keeping the platform accessible, we needed to make the code structure...

From: Jason Goldberg

People of OST: Renee Wong

In our previous “People of OST” post we interviewed the Berlin-based OST Commercial Team, featuring Paul, Jordan and Marina. Today we’re thrilled to introduce Renee Wong, our global Chief Financial Officer (CFO) and GM of OST North America.Renee has worked with OST founder and CEO Jason...

From: OST

OST Mosaic — scaling Ethereum to Internet-grade websites and apps

A lot of people talk about implementing scalable blockchain technology. At OST we are heads-down working on inventing it and implementing it.The OpenST protocol — at the heart of OST — allows for the staking of $OST tokens on Ethereum against minting Branded Tokens (e.g. any...

From: Jason Goldberg

May 16, 2018

OST May 2018 — $OST Monthly Update

This month’s update covers the following topics:New team membersProduct Development updateOpenST Protocol v0.9.3 & v0.9.4 developmentsMiddleware updates: API update & Javascript SDKSaaS update: OST Wallet v0OST KIT⍺ Phase II: Halfway UpdatesComing up next: OST KIT⍺ Phase III...

From: OST

May 09, 2018

OST API Updates: May 2018

Today we are announcing OST KIT API v1.0 which will go live on Thursday 17 May, 2018, containing several enhancements and upgrades requested by our community and partners.May has been a busy month for us here at OST. With Alpha Phase II just over halfway through, we’ve been hard at work,...

From: OST

May 07, 2018

#OSTa2 — Halfway Video Updates

It’s been exactly three weeks since we kicked off the OST KIT⍺ Phase II: Developer Proofs of Concept Challenge – with about three weeks to go before all teams must submit their final POC on Friday, 25 May 2018.We covered all projects that submitted a summary in a series of blog posts,...

From: OST

May 01, 2018

The next 14 #OSTa2 Projects (Pt. 6)

The OST KIT⍺ Phase II: Developer Proofs of Concept program is in full swing, with 142 projects working hard to provide a successful POC submission, to be rewarded with 50,000 $OST. We’ve also created a Grand Reward of 250,000 additional OST for the #1 Ready-to-Ship POC + an extra four reward...

From: OST

April 30, 2018

Another 14 #OSTa2 Projects (Pt. 5)

Two weeks ago we announced the start of our OST KIT⍺ Phase II program, accepting 142 projects out of more than 250 applications. Developer teams providing a successful POC submission will be rewarded with 50,000 $OST. There’s also a Grand Reward of 250,000 additional OST + an extra four...

From: OST

April 27, 2018

14 more #OSTa2 Projects (Pt. 4)

The OST KIT⍺ Phase II program is now two weeks underway, and we’re thrilled to see such a diverse selection of POC projects. We’ve already covered 42 projects in this series of blog posts: Check out Part 1, Part 2 and Part 3.Just as a reminder: We’ve accepted 142 projects out of more...

From: OST

April 26, 2018

People of OST: Jordan, Marina and Paul

Last week we introduced you to Adeola and Wouter (Marketing) — Today you get to meet our Berlin Business Development Team: Jordan, Marina and Paul!JORDAN McDONALDHey Jordan, what does a Business Developer at OST do?We look for the most interesting opportunities for a cryptocurrency to...

From: OST

The next 14 #OSTa2 Projects (Pt. 3)

A week ago we announced that 142 of 250+ OST KIT⍺ Phase II Proofs of Concept applications got accepted into the program. Successful POC integrations will be rewarded with 50,000 OST. There’s also a Grand Reward of 250,000 additional OST for the #1 Ready-to-Ship POC + four extra reward...

From: OST

April 25, 2018

14 More #OSTa2 Projects (Pt. 2)

Last week we announced that we accepted 142 out of 250 OST KIT⍺ Phase II Proofs of Concept applications. Developer teams providing a successful POC submission will be rewarded with 50,000 $OST. There’s also a Grand Reward of 250,000 additional OST + an extra four reward categories, each with...

From: OST

April 24, 2018

Introducing #OSTa2 Projects (Pt. 1)

With the OST KIT⍺ Phase II program in full swing, we want to tell you more about the accepted POC projects. Just as a reminder: We’ve accepted 142 projects out of more than 250 applications. Didn’t make the selection? Not to worry: You can already sign up for Alpha III >...

From: OST