FAQ alpha
Trade with information
The Otcrit team will distribute rewards on a weekly basis to the OTC token holders. Does this suggest that your token is a security?
The OTC token is not classified as a security in the European Union under current law. This may be different in other jurisdictions such as the USA, hence the token is not eligible for sale in certain jurisdictions. MiFID II (the legislative work, which governs the markets of financial instruments throughout the European Union) regulates activities such as brokerage services with financial instruments, provision of portfolio services, provision of financial advice, organizations of trading venues (exchanges) and so on.
As per the current wording of MiFID II cryptocurrencies are not financial instruments. Therefore services with cryptocurrencies, such as advising on cryptocurrencies, organizing of exchanges for cryptocurrencies, managing of a portfolio of cryptocurrencies are not regulated by MiFID II. The fact that the OTC token grants rewards in ETH and not in a fiat currency (or other financial instruments), means that the OTC itself is not a financial instrument.
Is there a future earnings projection of your company?
It would be possible to present some numbers to the public, but they would most likely be far away from the truth at the end. Our business depends heavily on the whole crypto-market, which is still extremely uncertain and volatile. Sharing any predictions with the public would be unethical as they could create expectations, which are impossible to be met due to a variety of factors. That being said, Otcrit will do everything necessary to create a working business model, which can withstand time, competition and subsequent regulations.
Has your smart contract been audited by an independent third party?
Yes, our smart contract has undergone a serious audit by a company with significant experience in the field. No major issues were encountered and the contract’s code underwent certain improvements afterward.
Do you have a working product available to test?
As a matter of fact – yes! The platform’s alpha version is already out live and it presents various cryptocurrency analyses, database, information about Otcrit, and services such as jobs posting and our events and updates page. Numerous new features and improvements are being added to it on a weekly basis.
When is the start of the pre-sale?
Our pre-sale was initiated on February 15th 2018.
How can I see my tokens?
To see the balance you must manually add the tokens to your wallet, MEW or MetaMask. When in MetaMask click on ‘add token’ and paste our contract address. To check your balance on MEW use this address:

0x763BBbFad61a1BeF272c155Aad828E3f8309710e

Type in our symbol OTC and 18 decimals.
How to verify the contract address is correct?
Please click on clearify.io and paste the contract address that you’ve been provided with. The verification process will take place within seconds.
What is the pre-sale hard-cap?
It is 1500 ETH.
Is there a bonus for the pre-sale?
Yes, there is a 10% bonus until the end of the pre-sale (which ends on April 23rd).
What is the total token supply?
The total token supply is 100 million OTC tokens.
What is the OTC token used for?
The OTC token is used for report subscriptions; hiring experts on the platform; ordering specific content; paying fewer-to-no fees on the Otcrit exchange; receiving weekly reports in ETH, based on the company’s performance.
When does the pre-sale end?
The pre-sale is active until the 23rd of April 2018.
When is the main Token Sale?
The main token sale will be announced very soon on our website and all official social media channels.
Where can I find your roadmap?
You can find our roadmap at the bottom of our website’s main page or visit
https://www.otcrit.org/roadmap
Who can participate in your token sale?
Everyone, with the exception of citizens from the US, Singapore, the People’s Republic of China and Belize.
Where is your company based?
We are an European startup founded in Sofia, Bulgaria.
How can I contact you?
For any work-related inquiries use [email protected]

For any general questions join https://t.me/OtcritPlatform

For any bounty questions write us at [email protected] or https://t.me/OtcritBounty