OST KIT

What is OST KIT?
OST KIT is a SaaS toolkit for designing, planning, minting, and managing a branded token economy backed by OST. Our ambition with OST KIT is to be the blockchain technology partner of choice for businesses of all sizes and levels of technical ...
When can I use OST KIT?
OST KIT alpha is the first public version of our complete blockchain toolkit for businesses. OST KIT⍺ launched in mid-March 2018. Anyone will be able to login at https://ost.com and design an OST-powered token economy and setup and simulate trans...
What are the key features in OST KIT?
We plan to make OST KIT a complete blockchain toolkit for any business. Here are the current features we have released for OST KIT alpha:  Management Dashboard: Control panel, graphs, trends, token economy monitor, supply/demand, top users....
Who is OST KIT for?
Our ambition with OST KIT is to be the blockchain technology partner of choice for businesses of all sizes and levels of technical sophistication, enabling any business to create, launch, and manage their own branded digital token economy powered...
What is the price of using OST KIT?
It is entirely free to try OST KIT⍺.    When we launch the full version of OST KIT, our intent is to make it fairly easy for any company to get started without worry about entry-price-point. We are setting this up in a "pay as you gr...
If Branded Tokens are backed by OST, what happens when the price of OST fluctuates?
A company before minting their first Branded Tokens (BT) can set the exchange rate of OST to BT at any rate they desire, but once they set it, it is fixed and cannot change. This ensures that companies don't change the rules on their custome...
Are there any transaction fees/gas?
Yes, there will be transaction fees on the sidechains. Our minimum benchmark on OpenST sidechains is 50 times faster than public Ethereum and exponentially lowers costs. It's likely that companies will pay many of the transaction fees, depen...
What would happen if there are no OST left in circulating supply?
OST could always be sold in fractions like Ethereum and Bitcoin are.
What happens to the staked OST when minting Branded Tokens?
For companies that are planning to mint their own Branded Tokens (BT), OST tokens owned (and designated for minting) by the companies will be locked and removed from the circulating supply, to mint the BTs at the fixed conversion rate. Once O...
Can a company lock Branded Tokens and do not allow users to exchange them?
Once OST are staked against BT, any end user/customer who has earned or purchased or otherwise acquired one of those BT has a legal right the staked OST against it. A company might offer seamless transition between BTs for a fee, but not complete...