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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.
OST Latest Updates
July 11, 2018

OST’s Newest Partner, Rlay, to Make the World Honest and Accountable with Blockchain

Rlay is building the information validation protocol for decentralized applications (dApps), backed by OST technologyOST is building essential blockchain infrastructure and toolkits for businesses to tokenize their platforms and communities. Together with our Partner Companies and the developer...

From: OST

July 10, 2018

Announcing OST KIT Alpha Phase III: Embedded Wallet-Lite Challenge

Earn Up to 350,000 OST for your project!At OST, we are building essential blockchain infrastructure and developer toolkits to enable any business — no matter their size or level of technical sophistication — to benefit from having their own Branded Token economy without the hassle,...

From: OST

July 02, 2018

Introducing OST Ledger & Balance APIs to Integrate Branded Token Balances and Transaction Histories…

Introducing OST Ledger & Balance APIs to Integrate Branded Token Balances and Transaction Histories into Token EconomiesIn OST Alpha II from April to May 2018, our Partner Companies and developer teams involved in the OST Alpha II POC Challenge were able to mint their own Branded Tokens with...

From: OST

June 29, 2018

Blockchain x Mainstream — Full Video and Slides from event at Betaworks Studio in New York, 19 June…

Blockchain x Mainstream — Full Video and Slides from event at Betaworks Studio in New York, 19 June 2018.We want to extend a huge thank you to John Borthwick and the team at Betaworks for hosting Blockchain x Mainstream at the gorgeous new Betaworks Studios space in New York...

From: Jason Goldberg

June 28, 2018

OST Presents 7 Partner Company Alpha Phase II Integration Videos

OST’s vision is to be the essential fabric of the decentralized web. One of our core principles to achieving this vision is to work hand in hand with our Partner Companies to build on our platform and provide feedback on how blockchain can help achieve their goals.As such, we are thrilled to...

From: OST

June 26, 2018

Questions & Answers from our AMA (Pt. II)

Today we’re following up on Jason’s post about our Ask Me Anything session by publishing another transcript of seven questions and answers asked during our live broadcast on YouTube. We also answered all questions asked prior to the AMA on our subreddit. A big thank you to our fantastic...

From: OST

June 25, 2018

$OST Project Update | June 2018

Our vision at OST, “Open Simple Token,” is to be the essential technology fabric that enables the decentralized web. Our strategy is to build shoulder-to-shoulder with the blockchain community and with businesses, as we create the tools and services required to bring the benefits of...

From: OST

June 11, 2018

Announcing the winners of OST KIT⍺ Phase II Developer Challenge

About eight weeks ago we kicked off the second Alpha Phase of our OST KIT⍺ program. We reviewed 250+ applications from all over the world. 142 projects were chosen to demonstrate a successful integration between their website/app/platform and OST KIT⍺ using the OST KIT APIs and SDKs.68...

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

April 19, 2018

People of OST: Adeola & Wouter

Meet the people behind the logo — Starting with OST’s brand new Marketing Team!ADEOLA OGUNWOLEHi Addie! You started in April 2018 as Vice President of Global Marketing: How would you describe your role?Well, my first role is to be an ambassador for OST and what we represent in the...

From: OST

April 16, 2018

Kicking off OST KIT⍺ Phase II: Developer Proofs of Concept Challenge

A huge THANK YOU to everyone who applied for OST KIT⍺ Phase II and to all of you who helped us spread the word. We received over 250 applications from all over the world!OST KIT⍺ Phase II is an opportunity for developers to build a Proof Of Concept (POC) coded integration between their...

From: OST

April 13, 2018

OST April 2018 — $OST Monthly Update

The last few weeks have been a blast: Team OST has been making steady progress on a number of fronts. From launching OST KIT⍺ for public testing to on-boarding new people, and from further advancements on the OST platform and the OpenST protocol to opening new offices! In this month’s update...

From: OST

April 03, 2018

Two Marketplaces Partner with OST to Change the Way We Consume

One marketplace is all about shopping consciously, whereas the other restores your faith in humanity: A warm welcome to our new Partner Companies, The Brightly Co.and Fainin. Partner count to date: 28 companies!THE BRIGHTLY CO.Founded in 2017 • Team of 3 • San Francisco, USAThe Brightly...

From: OST

March 27, 2018

Three New Startups Team Up with OST to Change the Way We Discover

From private city tours to exploring quaint towns to finding like-minded people: We welcome Touriocity, Traipse and Twilala to the growing OST family! In today’s post we’re introducing our three new Partners, bringing the number of official OST Partners to 26!TOURIOCITYTouriocity is all...

From: OST

Announcing OST KIT⍺ Phase II: Developer Proofs of Concept.

100 Developer Slots Available: Earn 50,000 OST Per Project!OST is building the complete blockchain toolkit for business.Our signature product OST KIT builds on the OpenST protocol with middleware and SaaS blockchain management tools to provide businesses with everything they need to tokenize...

From: Jason Goldberg

March 19, 2018

OST KIT⍺ Improved and Relaunched — available for further testing!

Thanks to the OST community, the initial public release of OST KIT⍺ (alpha) last week Thursday-Friday was super successful, with over 1,000 Branded Token communities deployed and over 2,100,000 token transfers executed within the first 24 hours. * (now up to 3M as of this Medium post).We...

From: Jason Goldberg

March 15, 2018

OST launches OST KIT⍺ — public alpha release of the complete blockchain toolkit for business

OST helps businesses gain competitive advantage with blockchain. OST KIT⍺ introduced with OST APIs, OST VIEW block explorer, and the all new OST.com website and branding.https://medium.com/media/0745d475b766b1ca94a78066c4fd6cb8/hrefIntroducing OST KIT⍺Today we’re excited to launch OST...

From: Jason Goldberg

March 12, 2018

OST March 2018 — $OST Monthly Roadmap Update

Here is our monthly OST roadmap update for March 2018.Please note: As always, all dates provided are directional and subject to change based on business requirements and macroeconomic conditions. While we intend to provide the community with detailed and highly transparent updates, information...

From: Jason Goldberg

February 23, 2018

Join the OST KIT⍺ Early Adopter Program & Earn $OST!

$200,000 worth of $OST rewards availableWe are designing OST KIT to be the complete blockchain toolkit for business.OST KIT gives companies all the tools they need to run a blockchain-powered economy on scalable OpenST side chains, without requiring in-house blockchain developers.OST KIT⍺...

From: Jason Goldberg

February 19, 2018

Welcome Wooshii! Developing the new currency for video production with OST

OST, aka “Simple Token” today announces our 23rd partner company, Wooshii, who will be using OST to deploy a branded cryptocurrency safely, simply and securely to the video production market.Wooshii is the video production management solution powering the world’s video teams for corporate...

From: Jason Goldberg

February 15, 2018

OST Invests in Unsplash — to Create the new Currency for Photography — $OST @Unsplash

Unsplash and OST team up to reinvent, decentralize, and democratize photography.Today is an exciting day for Simple Token, “OST” — and for the entire blockchain community — as we are announcing OST’s investment in Unsplash, the world’s leading photography platform. Unsplash...

From: Jason Goldberg

February 08, 2018

ostFeb — $OST Monthly Roadmap Update

Here is our monthly OST roadmap update for February 2018. Apologies that I did not get this out sooner. We’ve been heads-down this week making progress on a number of fronts including preparing a series of new partnership announcements for the coming weeks as well as our primary focus on...

From: Jason Goldberg

OST Feb — $OST Monthly Roadmap Update

Here is our monthly OST roadmap update for February 2018. Apologies that I did not get this out sooner. We’ve been heads-down this week making progress on a number of fronts including preparing a series of new partnership announcements for the coming weeks as well as our primary focus on...

From: Jason Goldberg

February 06, 2018

We’re Buying up to 10M $OST to Invest in More OST Projects

We have three priorities at Simple Token, “OST,” for 2018:Build a great OST workplace.Launch high-value OST solutions that further mainstream adoption of blockchain technologies.Foster an ecosystem of OST powered projects and success stories.One of the important ways we support the...

From: Jason Goldberg

We’re Buying up to 10M of $OST to Invest in More OST Projects

We have three priorities at Simple Token, “OST,” for 2018:Build a great OST workplace.Launch high-value OST solutions that further mainstream adoption of blockchain technologies.Foster an ecosystem of OST powered projects and success stories.One of the important ways we support the...

From: Jason Goldberg

January 30, 2018

Announcing LytePay — The Decentralized Finance Platform for the Gig Economy, powered by $OST

We’re excited to announce today that LytePay — the decentralized finance platform for the gig economy — has partnered with Simple Token, OST, to launch a branded cryptocurrency token for their growing economy.LytePay’s current core service is invoice factoring for freelancers,...

From: Jason Goldberg

January 25, 2018

Introducing OST KYC — The Complete KYC & Whitelisting Solution for ICOs, powered by $OST

Anyone who has participated in or run an ICO knows how very important the KYC / AML & Whitelisting technology and process is to the overall success of the ICO.A smooth KYC / AML Whitelist means ICO participants are able to easily and securely register, get approved, and get listed on a...

From: Jason Goldberg

Introducing ostKYC — The Complete KYC & Whitelisting Solution for ICOs, powered by $OST

Anyone who has participated in or run an ICO knows how very important the KYC / AML & Whitelisting technology and process is to the overall success of the ICO.A smooth KYC / AML Whitelist means ICO participants are able to easily and securely register, get approved, and get listed on a...

From: Jason Goldberg

January 24, 2018

$OST Partner Company Case Study: Look by Vidi VR

As Simple Token, “OST” works towards delivering blockchain solutions to mainstream problems, we are working with a number partners who are planning to implement OST-powered token economies in their products. In the coming weeks we will introduce a variety of these partners to the OST...

From: Jason Goldberg

January 17, 2018

ostJAN — $OST Monthly Roadmap Update

This post is the first in a series of official monthly updates to the Simple Token, OST, community about all facets of the OST project. Future posts in this series will typically be published in the first couple days of each month. We will, of course, continue to release other breaking $OST news...

From: Jason Goldberg

January 15, 2018

Startups Are Choosing $OST to Power their Blockchain Technology — Announcing 11 new OST partners…

Startups Are Choosing $OST to Power their Blockchain Technology — Announcing 11 new OST partners during 1st OST Startup DayWe are designing Simple Token, OST, to be the complete blockchain toolkit for business. Our ambition is to be the blockchain technology partner of choice for...

From: Jason Goldberg

January 10, 2018

$OST News: Simple Token, “OST” now available for purchase on 3 of the top 5 global crypto exchanges

We promised the crypto community that one of our plans for early 2018 was to make Simple Token, OST, available for purchase for potential users and customers of the platform in the most popular places. Widespread availability of OST is critical to our plans to bring blockchain to the mainstream,...

From: Jason Goldberg

January 08, 2018

Partnering with OST

Our plan for Simple Token, “OST,” is to be the leading technology platform and business partner for mainstream adoption of blockchain technologies.We are preparing a number of Simple Token partnering developments in the coming weeks, including:Introducing more companies who are partnering...

From: Jason Goldberg

January 05, 2018

Join team Simple Token and help bring Blockchain to the mainstream

If you want to understand a company’s strategy, look to where they allocate their resources. Budget = focus = strategy.https://medium.com/media/fe7c28a7ffa0635e6b6782f654ebbff6/hrefSimple Token, “OST,” is ramping up in 2018 and we are looking for people who crave a challenge — who...

From: Jason Goldberg

December 26, 2017

Simple Token Prepares Flying Start to 2018

Happy holidays from Simple Token!It’s been 26 days since our ICO ended and our teams are working throughout the holidays to ensure a flying start to 2018.Here’s just some of what our teams are currently working on.Simple Token alphaIn early 2018 we will launch Simple Token alpha, which...

From: Jason Goldberg

December 23, 2017

CryptoKitties: A puuuurfect use case for Simple Token

At our core, Simple Token, “OST,” is solving the scalability problem with public Ethereum, while making blockchain development simpler and blockchain apps more consumer friendly.Our ambition is to power mass-consumer blockchain apps.One of the first challenges we have grappled with is how to...

From: Jason Goldberg

December 21, 2017

OpenST 0.9.1 Released

Staking Simple Tokens “OST” on Ethereum against minting branded tokens on the OpenST network of side blockchains.Simple Token is building the complete blockchain toolkit for business.Today we are releasing OpenST v0.9.1 which marks the move of OpenST from Ethereum testnet to mainnet, as well...

From: Jason Goldberg

December 19, 2017

Simple Token Announces Unlocking of Tokens, Exclusive Debut Listing of “OST” on Binance Exchange…

Simple Token Announces Unlocking of Tokens, Exclusive Debut Listing of “OST” on Binance Exchange, OpenST protocol v0.9.1 ReleaseSimple Token, the complete blockchain toolkit for business, announces the unlocking and distribution of Simple Tokens (“ST” in your ETH wallet, “OST” on...

From: Jason Goldberg

December 15, 2017

Crypto community: Start your engines!

Crypto community: Start your engines! Simple Token announces 704games and Tesloop have joined for the rideIt’s quite the automotive Friday for Simple Token. We’re excited to announce today that 704Games, the video game publisher with NASCAR’s exclusive license to simulation-style console...

From: Jason Goldberg

December 11, 2017

Transitioning from Token Sale to OpenST

Simple Token Update 11 December, 2017It has been 10 days now since the end of the OpenST token sale and the Simple Token team has been charging forward at full speed towards achieving some significant milestones.Here’s a short update on some of the many Simple Token work streams in...

From: Jason Goldberg

December 05, 2017

Granular insights from the Simple Token ICO

Thank you again to the Simple Token community for your overwhelming support for our mission to power cryptocurrencies for digital communities.6871 unique purchasers from 130 countries purchased 261,070,175.3 Simple Tokens (including all bonuses) for a total 46,828 ETH. Because of you, we...

From: Jason Goldberg

December 01, 2017

6871 Simple Thank You’s — 189% of Target Achieved in Simple Token Sale (Sale Completed)

In overwhelming numbers and with increasing enthusiasm, the blockchain community voted with their ETH the past 18 days and expressed support for the Simple Token mission to power cryptocurrencies for digital communities.6871 unique purchasers from 130 countries purchased 261,070,175.3 Simple...

From: Jason Goldberg