Tokenomics

Tokenomics

The OXY token is the rocket fuel for our platform, OCEAN. But how exactly is the token used in OCEAN, and what does that mean for OXY holders?

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Tokenomics

Tokenomics

What will the OXY token do in OCEAN?

OXY will be used as a transaction-based token in our plug and play platform, O.C.E.A.N. This means that it will be used for all products linked to our platform as well. Since our platform is young, the Ethereum Blockchain offers the specifications our token requires to fuel O.C.E.A.N. on the short term.

Our Tokenomics team did a long research and we have found several token use cases that give our token true value, without having to speculate on a future utility opportunity.

Loyalty Program
Loyalty Program

We decided to introduce a Loyalty program for users that store and hold their tokens in our app. Besides the Loyalty paid in OXY, there are multiple privileges that will be assigned to Holders of OXY. There will be different levels which each have their own features. A complete feature table will be released shortly after the swap has been completed.

Transactions
Transactions

All products and services that are linked to the OCEAN platform will be paid for in OXY, fiat or a combination of both. This will result in a higher volume and better market specifications in general. Also, we have some exciting partnerships coming up that wish to sell some crypto related merchandise in our app, and you guessed it, these will also be purchasable with the OXY token.

Tokenomics
BaaS (Blockchain as a Service)
BaaS (Blockchain as a Service)

A lot of companies would love to innovate and start testing blockchain technology.
Oxycoin offers a service through a simple API which will give innovative companies access to this revolutionary technology. We offer a complete package which is dynamic and customizable for each use case. Our Blockchain as a service package will be purchasable with OXY tokens.

Gamification
Gamification

Oh boy, do we have a lot of techy gamers in the Oxycoin HQ. They’ve been evaluating on how the app could be more playful by rewarding actions with OXY. Referrals, buying your first coins with fiat, swapping coins, locking your coins, going through KYC and much more will be rewarded with OXY to make our app more fun to use besides being fast and simple.

Token Buyback Program
Token Buyback Program

Some services and products will be paid for in Fiat. If the sold service and or product generates high revenue in fiat, we will use some of that fiat to buy back our token. This way, all activities will benefit our loyal token holders.

Future Blockchain

Future

Next-gen blockchain

It's costly, time-consuming and in many cases unnecessary for each company to run their own blockchain. Oxycoin will integrate a next-gen blockchain into O.C.E.A.N. to not only utilize it ourselves, but also to service B2B clients.

Coin Swap

Coin swap

Deadline: September 30th, 2018 11:59 PM CEST

Instead of relying on the trading platforms currently offering OXY, we’ve decided to create a Swap solution ourselves. Make sure you send your OXY’s to one of the following platforms before September 30th, 11:59 PM CEST!
1) Oxycoin Swap Solution
2) One of the trading platforms: Bit-Z or Livecoin

We will execute the Swap exactly at that time, so you have access to your new OXY’s soon after.

Coin swap
Oxycoin Swap Solution

Not only did we create a secure and simple Swap website we also decide to increase our current supply. This means that the OXY token holders will receive 10 x more tokens in the upcoming swap.
The increase is needed in order to prevent supply issues when O.C.E.A.N. is fully operational with many more modules and use cases for the OXY token. Be Sure to Connect!

Livecoin
Bit-Z
Third-Party Method

If you’re swapping your old OXY coins for the new Ethereum based OXY token using one of the trading platforms, be sure to have sent your OXY there before September 30th, 2018 11:59 PM CEST.

OXY the Future

OXY Markets

OXY is available on the exchanges below and will soon be available in our mobile app.

Cryptopia
Livecoin
Bit-Z
 
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