Although the blockchain is already considered to be the greatest innovation of the 21st century, it is clear that it still does not function completely perfectly, especially in the sphere of technology used between chain operations. Operating blocks do not cooperate as foreseen and this creates problems. These problems are going to be solved by the OTN (Open Trading Network) which is going to unite individual blocks to a global network just like the internet did with the separate computer networks (WWW). OTN is for sure going to get big, and all traders that are out there have a chance to lay their hands on OTN tokens, to do that they only have to use IQ Option trading platform for trading crypto assets.
Why not ICO?
ICO (Initial coin offerings) in the community of cryptocurrency is very quickly linked to fraud, as it has been established despite a good project, it functions without any working prototype, collecting resources solely on the basis of white paper and various promises, and in return yielding no results. There is a large number of those who regard the ICO as a fraud, including the Securities and Exchange Commission (SEC), a U.S. government agency that oversees securities transactions. Jordan Belfort (known as a \"Wolf of Wall Street\") even think s that ICO is the biggest scam. OTN, of course, does not want to be associated with something that is considered fraud and has therefore developed an original token distribution system.
How to Get
There are two ways to get an OTN token.
The first way is through the trade of crypto-assets on the platform IQ Option. On a weekly basis a certain number of tokens will be allocated to all crypto trade participants, the number of tokens an individual will receive will depend on the success of his trading. The number of tokens released on a week bases will gradually be reduced and this will affect the rise in the price of tokens. For those who do not want to trade, a different way is available for getting a token, they can buy it directly on livecoin.net or in exchange. In this way, they do not have the chance to make additional profit as traders who use the first mode.
It is up to you to decide whether you will sell the received tokens immediately or you will wait to increase their price to earn some money on them.
Reasons to Mine
As already mentioned, the OTN system introduces a revolution it he cryptocurrency trading industry, creating a global network by converting individual blocks into one big. The OTN tokens can also be used to pay a commission when trading on the IQ-platform.
IQ Option platform does not provide tokens to customers, it is a brokerage firm. All tokens are provided by OTN, which claims to be not selling them, but that its activities are non-commercial.