Deploying Brand Tokens

Why do I have to confirm twice to mint tokens?
The first confirmation approves a contract to stake on your behalf. OST intended for staking is moved to this contract. The second confirmation is a request for that contract to stake OST. So, for example, if you wish to stake OST from a hardwa...
What is the company Token Holder contract?
The company Token Holder contract is a Smart Contract holding your Brand Tokens after minting. This contract allows distributing Brand Tokens to different addresses (e.g. user addresses) to support your token economy.
How do I get OST-Test Tokens to test the minting process in the Sandbox environment?
During set up, OST Platform funds 10,000 OST-Test and the minimum required ETH to your MetaMask account in Sandbox mode to get you started. This transfer takes a few minutes.
How do I set up transactions?
Transactions can be set up easily through APIs as part of the Platform's Server Side SDK. APIs are also available to easily create users, set transaction values, airdrop tokens to users, register, get and list user devices, show user token b...
What is an airdrop?
An airdrop is a distribution of free brand tokens to your users. An airdrop is typically done to kickstart your economy by offering your users some tokens to start with. An airdrop can be set up through the Server Side SDK.
What is OpenST Protocol?
The OpenST Protocol enables the creation of Brand Tokens on side blockchains, backed by staked cryptoassets on Ethereum. Transactions of Branded Tokens occur on the sidechains which are vastly faster and cheaper to process than Ethereum mainchain ...
How are transactions on the OST Platform being validated on the blockchain?
In the current version of OST Platform, transactions will be validated through a Proof of Authority (PoA) consensus mechanism. Under PoA, the network consists of a permissioned set of trusted validators approved by OST to verify transactions. Un...
What is OpenST Mosaic and how will it finalize transactions on Ethereum mainnet?
OpenST Mosaic is a scaling solution and consensus protocol to run meta-blockchains on top of Ethereum. Mosaic enables internet-grade throughput of thousands of transactions per second on Ethereum. It does so by providing atomic communication chan...
Are Brand Token names from prior versions still available with the release of OST Platform?
No token names or identifiers are being carried over from past Alphas. In the current OST Platform Sandbox anyone can use any token name. It’s first come first serve. Importantly, any token name or identifier used in the sandbox environment w...
Is there a min/max conversion rate of BT to OST?
The minimum conversion rate is .00002 BT to 1 OST and the max is 500 BT to 1 OST. These rates are the same in both sandbox and production environment.