Ovato digital currency is the first decentralized ecosystem to discover, create and analyze advertising campaigns with social media influencers.
With the introduction of a universal token for loyalty-reward, earning, and giving, the Ovato Token provides the perfect solution to the challenges facing today’s loyalty rewards programs. The token, along with its associated applications, will offer both consumers and businesses with a far more compelling proposition and greater incentives to conduct transactions securely, and at signifcantly reduced costs. As a result, the residual value of benefts will be strengthened for all participants.
The Problem With Traditional loyalty And Rewards Programs
Traditional loyalty reward programs are costly, imposing significant tax liabilities on operators while offering only a modest value to consumers. This is evidenced by the fact that while loyalty memberships are high, an average of two-thirds of these subscribers are inactive. Although loyalty programs have become expected among consumers, lacking user enthusiasm dilutes the program value for consumers and businesses alike. Conventional loyalty operations are also hampered by the barter economics of the pre-blockchain monetary system.
The Problem with Conventional Social Media
There is an increasing awareness among social media users on how social network brands monetize their data, and users are growing frustrated for getting zero compensation for it. As the world becomes increasingly fatter, there is a natural tendency for an increasing desire for these citizen journalists and infuencers to get their share of compensation for their participation.
The Problem with Giving and Charity
It’s safe to say that most human beings want to give and help the less fortunate and causes that are important to them. However, with centralized charities, 90 percent of donations never actually make it to the intended place. The problem does not originate from nonprofts specifcally, but more from ineffciencies found in centralized organizations that also have no proft incentive to scale. The net resulting percentage of waste is enormous
With the introduction of a universal token for loyalty-reward, earning, and giving, the Ovato Token provides the perfect solution to the challenges facing today’s loyalty rewards programs.
The token, along with its associated applications, will offer both consumers and businesses with a far more compelling proposition and greater incentives to conduct transactions securely, and at signifcantly reduced costs. As a result, the residual value of benefts will be strengthened for all participants.
Ovato provides a unique and secure solution on the blockchain using an ERC20 token, and a limited number of tokens will be issued. Distribution of Ovato tokens through mainstream merchants to their existing customer base will create a network effect benefcial to anyone holding them. The current estimated worth of the loyalty reward industry is $65 billion and is forecast to grow to $100 billion by the year 2020.
100% safe escrow transactions based on cryptocurrency tokens.
No barrier to entry
Accessible even for new businesses and influencers at earliest stages of social presence.
Managed by smart contracts and a decentralized dispute solution.
Ultimate Results And Smart Planning With Ro And Big Data Analysis.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Token sale Lot D —
08 Nov 20:00 UTC
29 Nov 19:58 UTC
|2. USD||No||Min 1000 OVT||Uncapped||2,000,000 OVT|
Token sale Lot C —
17 Oct 20:00 UTC
07 Nov 19:58 UTC
|1.75 USD||12.5%||Min 1000 OVT||Uncapped||6,000,000 OVT|
Token sale Lot B —
25 Sep 20:00 UTC
16 Oct 19:58 UTC
|1.5 USD||25%||Min 1000 OVT||Uncapped||7,000,000 OVT|
Token sale Lot A —
03 Sep 20:00 UTC
24 Sep 19:58 UTC
|0.95 USD||50%||Min 1000 OVT||Uncapped||5,000,000 OVT|
Private pre-sale —
01 Mar 00:00 UTC
Discount 50% for the 5000000
Seed Round complete Bitovation
Bitovation Distribution Partners formed
First quarter Ovato Formed
Launch of Ovato.com and Bitovation.com
Completion of All Token Sales A,B,C,D
Platform release For US, UK, CIS markets
Brand awareness active phase worldwide launch
Continued marketing of the brand