The basic concept of OMPX.IO is that one million pixels is equal to a one million dollar page in worth. Not only that, but that page which is worth one million dollars is also worth own by everyone. And it follows a basic set of rules, they’re simple as well. You can also learn more about the OMPx token at the company website OMPX.io.
What Is OMPX.IO?
When you spend the OMPx token, to place a pixel on a canvas; tokens are released through the various smart contracts, and the OMPx token which is based on the ERC20 platform is backed by the total number of Ethers on the different Smart Contract’s wallet. They call it the bank on the platform.
You can then use your tokens to make money and sell your token back via the bank or smart contract. This can be done at any time and is one of the primary ways you are able to make money with the system. Each time you purchase OMPx – all of the ETH that is deposited into the bank as well as the OMPx cryptocurrency price goes up. And you can then sell the tokens for an increased rate.
Each time you purchase a token, the Ether is deposited into the bank and the price increases one again. Basically, every time you spend the OMPx token – the price goes up and process continues on over and over.
But on the other end of the platform, when you sell a token – the price falls and that also is a continual cycle.
About OMPX.IO ICO
The token has no hard or caps and the token supply emission is unlimited. Token prices are determined through the setup of a smart contract. And 1 OMPx = bank/tokens. Every time you buy a token, the smart contract puts out the needed amount on the network. The ETH that is deposited into the bank excerpts a 9% service fee and every time a token is spent to create a pixel, the token is destroyed, the total supply of tokens decreases, and the price of the tokens rise in the appropriate manner.
Every time you sell a token, you have to pay from x1.2 – x2 of the current price, then everything goes to the bank. And depending on the amount of the tokens received. Thus, you will be able to purchase a token and donate to the bank a small amount, this is the way the token price grows. And you can also sell your token to the smart contract any time you want at the current market value.
Who Is The Team Behind OMPX.IO?
Valreia Chupina is the Compliance Officer and Legal Administrative assistant. Then there is Valentin Lapchevskiy, the head of ideas and development. He is also a full stack JS developer. Nikolay Bezhkkois the leader of texts and growth ideas as well as the community manager. Dmitry Khizhinksy is the expert of the blockchain technology, co-founder and CEO of the company. And lastly, Oxana Kashirskaya is design leader.
OMPX.IO In Conclusion
The company has a highly diverse team of experts in administration and technology fields. The platform is ideal for anyone who is looking to make money by selling image space online. If you want to learn more about the company, then head to OMPX.IO and see for yourself.