Since the turn of the year, most of digital currencies have plummeted in value. Consequently, the funds that projects had raised during their respective ICOs reduced significantly. This predicament was always bound to happen, but its unexpected coming has left many investors with nothing.
Despite the plunge of cryptocurrency value, it does not necessarily spell doom for ICOs. However, it will spur a transformation of the driving factors behind crowdsales. Instead of fundraising to develop a concept, ICOs will support finished products that require money for scaling, marketing and promotion.
OctoBit intends to be the pioneer of offering a finished product. The project currently has a fully-developed multi-currency digital wallet and an advertising platform through which it markets the cryptocurrency.
The OctoBit digital wallet enables user to sell and buy digital currencies, as well as earn a share of the company’s profits. By participating in the ICO, investors will join an already working project that is profitable.
Multi-currency Online Wallet
Within the first two weeks after its inception, the OctoBit digital wallet had over 2,000 registered members. This is a significant display of the public’s faith in this upcoming project. OctoBit intenfds to have over 1 million subscribers to this service by the end of 2018.
Advantages of the OctoBit wallet
- Accessibility from any devices
- Affordable exchange fees
- Instant transfers
- Simplistic interface
- Referral program
- Anonymity and security
OctoBit Advertising Platform
The ads.octobit.io advertising platform is meant to market upcoming projects that have an impending ICO as well as any firms that are planning to develop a blockchain-powered platform.
The main reasons behind the creation of this platform was the probation of cryptocurrency-related advertisement on popular social media such as Facebook and Twitter. Essentially, ads.octobit.io is an alternative to mainstream advertisers that accepts digital currency adverts.
Furthermore, the existent advertising platforms meant for virtual currencies are both scanty and ineffective. This is because the people charged with marketing are either disinterested and/or lack adequate knowledge of what the job entails.
Advantages of ads.octobit.io
- Daily reimbursements
- Easy and fast connections
- Accessible on all platforms
- Real-time statistics
- Supports all types of adverts
OctoBit runs an affiliate program through which members earn commissions for every successfully registered referral. Depending on the programs, the commissions range from 20-40%.
OctoBit Coin (OCTO)
OCTO is the native cryptocurrency of the OctoBit ecosystem. The total supply is fixed, a move that will ensure that the demand for the coin always exceeds the supply, resulting in increase in the coin’s value.
OctoBit Token Sale
The company will issue a total of 100,000,000 OCTO during the crowdsale, which will be divide inbto two phases.
Parameters of the ICO
- Token name: OctoBit Coin
- Token symbol: OCTO
- Presale start date: May 1st 2018
- Presale end date: May 20th 2018
- ICO start date: June 1st 2018
- ICO end date: June 20th 2018
- Token Price: 1 OCTO = $0.012