OTOCASH (OTO)

OTOCASH (OTO) is a Scrypt-PoS-based cryptocurrency designed to be used on the OTOCASH payment system platform. This platform allows users to use their OTO Coin to pay other users or merchants. The payment system provides users security and convenience, including KYC verification for all users and merchants, and offers consumer protection. OTOCASH is an open-source software project released under the MIT/X11 license, which allows users to run, modify, and distribute the software. The blockchain can handle higher transaction volumes thanks to more frequent block generation.

Wallet encryption is available for OTOCASH, allowing users to secure their wallets and view transactions and balances. The encryption requires a password to spend OTOs, protecting against wallet-stealing viruses and trojans. The OTOCASH blockchain also supports mining and rewards through a Proof-of-Stake mechanism. Users who keep their wallets open for staking will be rewarded with OTO coins. OTOCASH has a transparent coin distribution, which includes a public distribution, company reserve, company members distribution, and listings on trusted exchanges such as CREX24.COM, VinDax, and FinexBox.

The OTOCASH project has a clear roadmap that outlines its development timeline. It began with the completion of paperwork and investor funding in Q4 2017, followed by the ICO website and ERC20 token development in Q1 2018. The ICO stages started in Q2 2018, and OTO tokens were listed on exchanges and coin listing platforms in Q1 2019. OTO tokens were later swapped to OTOCASH coins in Q2 2019. The payment system platform, however, was delayed and is scheduled for release in Q2 2021. The OTOCASH team consists of top management, including the founder and CEO, Mr. Khairul Anuar, and the CFO, Mr. Azad Ashraf.