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OST (OST)
What is OST?
OST (OST token) is a blockchain-based asset designed to facilitate the creation and management of decentralized applications (dApps) and tokenized ecosystems. As a cryptocurrency, it enables businesses to launch their own branded tokens on the OST platform, allowing for streamlined payment solutions and user engagement. The OST token runs on the Ethereum blockchain, leveraging its smart contract capabilities for enhanced functionality and security. Its core purpose is to empower developers and companies to tokenize their services and create unique economic models within their applications.
When and how did OST start?
OST was launched in 2018 and was developed by a team led by the co-founders, Matthew Liu and Justin Wu. The project aimed to provide a platform for businesses to create and manage their own branded tokens. OST initially gained traction through partnerships and was listed on various exchanges shortly after its launch, helping to increase its visibility and adoption within the crypto community. The project focused on simplifying token creation for developers, contributing to its early growth and relevance in the blockchain space.
What’s coming up for OST?
OST is poised for significant advancements as it progresses through its roadmap, with a focus on enhancing scalability and user experience. Upcoming features include the integration of advanced smart contract capabilities, which are expected to empower developers and expand the platform's use cases. The community has outlined goals for increased partnerships and collaborations, aimed at driving adoption and fostering a vibrant ecosystem. As OST continues to evolve, these updates are set to position it as a key player in the blockchain space, catering to diverse applications across various industries. Keep an eye on their future plans as they work towards a more robust and interconnected network.
What makes OST stand out?
OST stands out from other cryptocurrencies due to its unique focus on enabling businesses to create and manage their own branded tokens through a streamlined, user-friendly platform. Compared to traditional blockchain solutions, OST employs a special feature called the "OST Chain," which enhances scalability and efficiency for real-world use cases in loyalty programs and digital assets. Its tokenomics are designed to incentivize both developers and users, fostering a robust ecosystem that supports diverse applications.
What can you do with OST?
OST is primarily used for payments within decentralized applications, facilitating seamless transactions. It serves as a utility token for staking in various DeFi apps, allowing users to earn rewards and participate in governance decisions. Additionally, OST can be utilized for trading and acquiring NFTs, enhancing its versatility within the blockchain ecosystem.
Is OST still active or relevant?
OST is currently active and still traded on several exchanges, with ongoing development updates from its team. The project maintains an engaged community presence, indicating a commitment to its ecosystem. However, it is essential to monitor for any signs of inactivity or abandonment as market conditions evolve.
Who is OST designed for?
OST is designed for developers and businesses looking to create and manage blockchain-based applications easily. Its target audience includes companies seeking to integrate tokenization and blockchain solutions into their operations, making it ideal for those in the growing decentralized finance (DeFi) space. The platform aims to empower a community of innovators focused on leveraging blockchain technology for practical applications.
How is OST secured?
OST secures its network through a unique consensus mechanism known as Proof of Stake (PoS), which enhances blockchain protection by allowing validators to create new blocks based on the number of tokens they hold and are willing to "stake." This method not only incentivizes honest behavior among validators but also strengthens network security by reducing the risk of attacks compared to traditional Proof of Work systems.
Has OST faced any controversy or risks?
OST has faced scrutiny due to concerns over extreme volatility, which poses significant risks for investors. Additionally, the project has encountered controversies regarding a security incident that raised questions about its overall security measures. While there have been no widely reported hacks or rug pulls directly linked to OST, the inherent risks in the crypto market necessitate caution.
OST (OST) FAQ – Key Metrics & Market Insights
Where can I buy OST (OST)?
OST (OST) is widely available on centralized cryptocurrency exchanges. The most active platform is Uniswap V2 (Ethereum), where the OST/WETH trading pair recorded a 24-hour volume of over $11.38.
What's the current daily trading volume of OST?
As of the last 24 hours, OST's trading volume stands at $15.23 , showing a 292.48% increase compared to the previous day. This suggests a short-term increase in trading activity.
What's OST's price range history?
All-Time High (ATH): $1.47
All-Time Low (ATL): $0.00000000
OST is currently trading ~100.00% below its ATH
.
How is OST performing compared to the broader crypto market?
Over the past 7 days, OST has gained 0.00%, underperforming the overall crypto market which posted a 0.78% gain. This indicates a temporary lag in OST's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
Trends Market Overview
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OST Basics
| Development status | Demo only |
|---|---|
| Org. Structure | Centralized |
| Open Source | Yes |
| Consensus Mechanism | Not mineable |
| Algorithm | None |
| Hardware wallet | Yes |
| Started |
13 October 2017
over 8 years ago |
|---|
| Website | ost.com simpletoken.org |
|---|---|
| Wallet | Coins Mobile App |
| Source code | github.com |
|---|---|
| Asset type | Token |
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
|
|---|
| Blog | medium.com |
|---|---|
| facebook.com | |
| Forum | medium.com |
| reddit.com |
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OST Team
Jason Goldberg is a veteran internet entrepreneur with a 18 year history of scaling products to millions of users. Since 2016 Jason’s passion has been to drive mainstream consumer adoption of blockchain technologies. Jason splits time between Berlin, Germany, Pune, India, and Hong Kong.
Jason Goldberg is engaged in 1 projectsAfter a year of traveling around the world, Nishith Shah has immersed himself into crypto-economics and blockchain technology. Nishith previously founded several consumer internet companies including Hem.com, Fab.com, Fabulis, Social Median, True Sparrow and Montred. Nishith is based in Pune, India.
Nishith Shah is engaged in 1 projectsBenjamin Bollen is a physicist working to build decentralized computing systems since 2009. Benjamin previously built Hyperledger Burrow, formerly Eris-DB, as lead developer at Monax Industries, worked on the routing layer when at MaidSafe and researched computationally efficient representations of strongly correlated quantum systems at university. You can find Ben in Berlin, Germany, Brussels, Belgium and Pune, India.
Benjamin Bollen is engaged in 1 projectsSunil joined forces with Nishith and Jason right out of college. Co-founder of the companies they built together including Hem.com, Fab.com, Fabulis, Social Median, True Sparrow and Montred. In 2016 Sunil founded Pepo with Jason and leads a world-class engineering team based in Pune.
Sunil Khedar is engaged in 1 projectsPankaj is a Principal Software Engineer with expertise in Ruby, Ruby on rails. If you need a superb dev who builds amazing things, can spot problems a mile away, and is too much fun to work with, then Pankaj is your man. He builds great products that work, he has an eye for user experience which makes him an invaluable asset.
Pankaj Keswani is engaged in 1 projectsDeepesh has 10 years of solid IT experience in e-Commerce, retail and Financial domain. Currently designated as Director, Mobile Development and leading iOS team from past 2.6 years he is always updated with new and upcoming technologies and keen to learn more.
Deepesh Kumar Nath is engaged in 1 projectsAniket Ayachit is a Mobile Application Developer working as an iOS developer in the team. After spending nearly 4 years working as iOS developer on different types of application for startups and established companies, Aniket knows what makes an application smooth and highly responsive. Aniket holds a Bachelor of Engineering in Information Technology from the University of Pune.
Aniket Ayachit is engaged in 1 projectsSachin is a mobile application developer working as an Android developer in the team. He has proficiency in designing UI for android applications. He has interests in Competitive programming and likes to solve challenging programming questions and also he is an active stock market trader.
Sachin Chauhan is engaged in 1 projectsYogesh Sawant is a startup enthusiast with experience in testing mobile applications and web applications. He is product QA, an expert in Testing Methodologies and Product life cycles. Yogesh knows what needs to be done to make application user friendly.
Yogesh Sawant is engaged in 1 projectsIra is an experienced talent acquisition professional. Ira has been with working on our team in Pune since 2012. Her experience and forte lie in her ability to help organisations scale rapidly while innovating recruitment practices that strengthen the people experience. She has a hands-on, action oriented approach to work.
Ira Merchant is engaged in 1 projectsFrancis is Simple Token community manager and the success and strength of Simple Token's community is the center of his attention. Since 2012 Francis has been involved in crypto-economics and blockchain techology. Francis is based in Montreal, Canada.
Francis Dufour is engaged in 1 projectsAshfaq is an experienced professional with experience in Operations Management including Facilities, Administration, Travel, Hospitality & HR across industries such as IT/ITES, Healthcare & Hospitality. With his expertise, experience & energy, Ashfaq provides strategic & tactical support critical to ensure smooth Simple Token business operations.
Ashfaq Bhojani is engaged in 1 projectsWilson is a community manager and a cryptocurrency enthusiast. As a community manager, he seeks to share knowledge about Simple Token in a concise and meaningful manner. Wilson is also passionate about analytics projects and deriving insights from data. Wilson is based in Singapore.
Wilson Chia is engaged in 1 projectsSanthosh is a startup and technology enthusiast. He joined the team as a Backend developer. He earned a degree from NIT Durgapur and always keen to learn new things. In his leisure time, Santhosh participates in online programming contests and was ranked among the top 1000 programmers on Codechef in many contests.
Santhosh Reddy is engaged in 1 projectsAshutosh is a senior software engineer with 4+ years of experience in building scalable and responsive websites. He has expertise in Javascript & Frontend frameworks. He holds Bachelor's Degree in Computer Science from Pune University.
Ashutosh Lodhi is engaged in 1 projectsSoma is a QA Evangelist with hands on experience in Web and mobile Application Testing. He is also extremely passionate about ensuring a smooth user experience and very particular about delivering a high quality end product.
Somashekhar Mulimani is engaged in 1 projectsMayur is a Front-End developer who previously worked as a Full Stack developer. He is passionate about building applications using Python and Front-End technologies. Mayur holds a Bachelor of Engineering degree from the University of Pune.
Mayur Patil is engaged in 1 projectsAnna has a lot of experience in tourism and customer service: At OST she puts these quaities to work to support the Berlin team in their daily operations, from travel arrangements to general administrative support.
Anna Balog is engaged in 1 projectsAllen Morgan has been deeply-involved with technology startups for more than 35 years. He is an early-stage investor and startup advisor. He also serves as Managing Director, New Ventures Group, at Idealab, where he is on the Board of Directors. Previously, he was Managing Director at Mayfield Fund. Prior he was a partner at Latham & Watkins and Wilson Sonsini Goodrich & Rosati.
Allen Morgan is engaged in 1 projectsChris is President International at C2FO. Based in the C2FO Hong Kong office, Chris is responsible for C2FO business in EMEA, Asia-Pacific and LATAM. Prior to C2FO, Chris held key leadership positions at Atomico, AOL (advertising.com) and Bain & Co. Chris is a former entrepreneur and the Founder of GameReplays.org, an early eSports community founded in 2002.
Chris Dark is engaged in 1 projectsDaniel has over 20 years’ experience in financial trading & technology. He was a Senior Partner of Optiver APAC and founding member of the Optiver Global Foundation board. He is also a member of the Derivatives advisory committee for the Hong Kong, Singapore and Korean Exchanges and an adviser to a number of businesses spanning multiple industries and jurisdictions.
Daniel Weinberg is engaged in 1 projectsOST Exchanges
OST Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to OST
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 5 | XRP XRP | $81 943 512 529 | $1.34 | $1 090 939 904 | 61,344,583,754 | |||
| 8 | TRON TRX | $27 378 573 884 | $0.317016 | $455 647 034 | 86,363,298,503 | |||
| 22 | Stellar XLM | $5 553 643 683 | $0.168104 | $90 345 878 | 33,037,010,853 | |||
| 89 | Cosmos ATOM | $650 840 034 | $1.66 | $26 810 953 | 390,934,204 | |||
| 98 | VeChain VET | $574 691 396 | $0.006684 | $9 710 826 | 85,985,041,177 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 58 | Ethereum Classic ETC | $1 256 751 982 | $8.05 | $78 776 418 | 156,082,876 | |||
| 226 | Golem GLM | $130 538 151 | $0.130538 | $1 772 700 | 1,000,000,000 | |||
| 291 | Qtum QTUM | $81 925 770 | $0.817024 | $6 140 559 | 100,273,373 | |||
| 466 | Enjin Coin ENJ | $39 041 558 | $0.020077 | $7 011 780 | 1,944,604,444 | |||
| 503 | Constellation DAG | $34 287 110 | $0.009658 | $593 587 | 3,549,997,434 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 2 | Ethereum ETH | $241 238 103 998 | $2 003.20 | $6 914 850 916 | 120,426,316 | |||
| 4 | BNB BNB | $85 237 536 326 | $612.41 | $455 869 616 | 139,184,442 | |||
| 7 | Solana SOL | $47 158 087 607 | $82.37 | $1 537 019 998 | 572,496,487 | |||
| 8 | TRON TRX | $27 378 573 884 | $0.317016 | $455 647 034 | 86,363,298,503 | |||
| 12 | Bitcoin Cash BCH | $9 595 083 493 | $483.00 | $274 811 196 | 19,865,787 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bitcoin BTC | $1 330 676 431 046 | $66 505.56 | $20 914 906 197 | 20,008,500 | |||
| 10 | Dogecoin DOGE | $13 591 920 850 | $0.091131 | $778 287 027 | 149,147,696,384 | |||
| 12 | Bitcoin Cash BCH | $9 595 083 493 | $483.00 | $274 811 196 | 19,865,787 | |||
| 20 | Monero XMR | $6 047 444 100 | $327.83 | $91 486 854 | 18,446,744 | |||
| 32 | Zcash ZEC | $3 502 527 984 | $214.51 | $197 146 384 | 16,328,269 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bitcoin BTC | $1 330 676 431 046 | $66 505.56 | $20 914 906 197 | 20,008,500 | |||
| 10 | Dogecoin DOGE | $13 591 920 850 | $0.091131 | $778 287 027 | 149,147,696,384 | |||
| 12 | Bitcoin Cash BCH | $9 595 083 493 | $483.00 | $274 811 196 | 19,865,787 | |||
| 20 | Monero XMR | $6 047 444 100 | $327.83 | $91 486 854 | 18,446,744 | |||
| 29 | Litecoin LTC | $4 083 365 576 | $54.04 | $258 141 889 | 75,558,487 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $77 784 382 195 | $1.000251 | $7 823 941 989 | 77,764,893,332 | |||
| 9 | Lido Staked Ether STETH | $19 582 503 098 | $1 999.36 | $2 776 007 | 9,794,399 | |||
| 14 | LEO Token LEO | $8 841 876 610 | $9.57 | $489 860 | 923,921,789 | |||
| 15 | Wrapped Liquid Staked Ether 2.0 WSTETH | $8 764 064 720 | $2 464.77 | $4 748 396 | 3,555,731 | |||
| 16 | Wrapped Bitcoin WBTC | $8 710 484 700 | $66 402.02 | $239 205 071 | 131,178 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 532 | Ark ARK | $31 209 603 | $0.162203 | $328 552 | 192,410,550 | |||
| 586 | Lisk LSK | $25 612 668 | $0.121314 | $1 319 581 | 211,127,725 | |||
| 2888 | Circuits of Value COVAL | $131 292 | $0.000074 | $0.264416 | 1,784,838,484 | |||
| 4540 | Loom Network LOOM | $977 018 | $0.000788 | $449.98 | 1,239,270,898 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 2 | Ethereum ETH | $241 238 103 998 | $2 003.20 | $6 914 850 916 | 120,426,316 | |||
| 13 | Cardano ADA | $9 490 705 819 | $0.246413 | $387 163 151 | 38,515,468,621 | |||
| 30 | Hedera Hashgraph HBAR | $3 894 087 102 | $0.089926 | $44 934 105 | 43,303,446,052 | |||
| 58 | Ethereum Classic ETC | $1 256 751 982 | $8.05 | $78 776 418 | 156,082,876 | |||
| 184 | NEO NEO | $182 806 943 | $2.59 | $4 891 008 | 70,538,831 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
OST



