OST
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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 and decentralized cryptocurrency exchanges.
What's the current daily trading volume of OST?
As of the last 24 hours, OST's trading volume stands at $0.00000000 .
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%, outperforming the overall crypto market which posted a 3.10% decline. This indicates strong performance 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.
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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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|---|---|---|---|---|---|---|---|---|
| 58 |  | Ethereum Classic ETC | $1 272 694 421 | $8.17 | $83 422 439 | 155,799,832 |  -1.43% | |
| 239 |  | Golem GLM | $126 019 449 | $0.126019 | $2 214 414 | 1,000,000,000 |  -1.74% | |
| 287 |  | Qtum QTUM | $88 240 300 | $0.880126 | $7 982 178 | 100,258,670 |  +2.03% | |
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| 515 |  | Enjin Coin ENJ | $35 172 291 | $0.018141 | $2 198 455 | 1,938,841,397 |  -3.26% |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 2 |  | Ethereum ETH | $237 598 609 717 | $1 972.98 | $12 958 761 679 | 120,426,316 |  +5.80% | |
| 4 |  | BNB BNB | $87 223 341 344 | $626.67 | $612 284 628 | 139,184,442 |  +4.97% | |
| 7 |  | Solana SOL | $47 979 479 315 | $84.09 | $2 626 038 818 | 570,555,975 |  +6.89% | |
| 8 | | TRON TRX | $24 508 407 680 | $0.283783 | $390 612 843 | 86,363,298,503 | +1.02% | |
| 12 |  | Cardano ADA | $9 934 272 100 | $0.258213 | $431 672 033 | 38,473,140,420 |  -2.79% |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 1 |  | Bitcoin BTC | $1 356 590 439 770 | $67 832.98 | $30 002 964 592 | 19,998,981 |  +6.20% | |
| 10 |  | Dogecoin DOGE | $13 519 918 999 | $0.090648 | $852 072 754 | 149,147,696,384 |  +1.29% | |
| 13 |  | Bitcoin Cash BCH | $8 903 196 328 | $448.17 | $215 674 378 | 19,865,787 |  +0.32% | |
| 20 |  | Monero XMR | $6 424 724 385 | $348.29 | $116 224 660 | 18,446,744 |  +2.40% | |
| 33 |  | Zcash ZEC | $3 388 957 215 | $207.55 | $257 952 119 | 16,328,269 |  -0.57% |
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|---|---|---|---|---|---|---|---|---|
| 1 | | Bitcoin BTC | $1 356 590 439 770 | $67 832.98 | $30 002 964 592 | 19,998,981 | +6.20% | |
| 10 | | Dogecoin DOGE | $13 519 918 999 | $0.090648 | $852 072 754 | 149,147,696,384 | +1.29% | |
| 13 | | Bitcoin Cash BCH | $8 903 196 328 | $448.17 | $215 674 378 | 19,865,787 | +0.32% | |
| 20 | | Monero XMR | $6 424 724 385 | $348.29 | $116 224 660 | 18,446,744 | +2.40% | |
| 30 |  | Litecoin LTC | $4 048 386 668 | $53.58 | $300 256 744 | 75,558,487 |  +1.90% |
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|---|---|---|---|---|---|---|---|---|
| 3 |  | Tether USDT | $177 356 264 367 | $0.999639 | $46 758 290 440 | 177,420,277,588 |  -0.07% | |
| 6 |  | USDC USDC | $77 321 639 437 | $0.999701 | $10 727 908 810 | 77,344,768,041 |  -0.08% | |
| 9 |  | Lido Staked Ether STETH | $19 323 034 749 | $1 972.87 | $36 555 833 | 9,794,399 |  +5.83% | |
| 14 |  | Wrapped Bitcoin WBTC | $8 880 869 793 | $67 700.91 | $264 613 737 | 131,178 |  +6.30% | |
| 15 |  | Wrapped Liquid Staked Ether 2.0 WSTETH | $8 618 562 558 | $2 423.85 | $17 668 749 | 3,555,731 |  +6.02% |
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| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 2 | | Ethereum ETH | $237 598 609 717 | $1 972.98 | $12 958 761 679 | 120,426,316 | +5.80% | |
| 12 | | Cardano ADA | $9 934 272 100 | $0.258213 | $431 672 033 | 38,473,140,420 | -2.79% | |
| 29 |  | Hedera Hashgraph HBAR | $4 181 147 455 | $0.096555 | $59 653 404 | 43,303,421,565 |  -0.28% | |
| 58 | | Ethereum Classic ETC | $1 272 694 421 | $8.17 | $83 422 439 | 155,799,832 | -1.43% | |
| 198 |  | NEO NEO | $178 772 590 | $2.53 | $6 241 017 | 70,538,831 |  -2.02% |
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.