The Open Rights Foundation is thrilled to announce that the ORE Token Initial DEX Offering (IDO) will be launched on multiple platforms including Occam, Poolz and Scaleswap with a total of $450,000 of ORE Token available for purchase. The ORE Token will also be available on Uniswap.
The ORE Token is a utility token that allows applications or developers to create accounts and assets on the Open Rights Exchange Blockchain. These accounts serve as a single sign-on identity for users to manage wallets on Ethereum, Algorand, EOS, and WAX today — with Cardano, Polygon, BSC and Bitcoin coming soon.
The IDO will take place on Tuesday, October 12.
This milestone allows any developer to create ORE Accounts using ORE Tokens they purchase and allows buyers to use blockchain startup company AIKON’s enterprise wallet, ORE Vault, if they maintain a minimum balance of ORE Tokens in their wallet.
ORE Token: Your Universal, Secure Blockchain Identity
The ORE Token powers your single and secure identity, cross-chain, for any blockchain-built application. As the native digital asset of the Open Rights Exchange (ORE) Blockchain, the ORE Token is a critical component of ORE ID — a tool that allows both businesses and everyday people to easily and seamlessly log in to any blockchain.
The ORE Blockchain is managed by a decentralized group of servers, spread around the world and has been in continuous operation for years.
The ORE Token’s utility continuously grows with every new account created using ORE ID and any new project built on the Open Rights Exchange — such as ORE Vault which creates a multiple-signature wallet to manage, transfer and buy digital assets and non-fungible tokens (NFTs).
Today, there are already tens of thousands of ORE ID accounts, with more added daily. ORE Token buyers AND customers include Algorand, Algorand Foundation, Republic, Republic Realm, Alliance Block, Gold.Meld and more.
The Open Rights Exchange is backed by leading Silicon Valley Venture Capitalists including AlphaEdison, Mighty Capital, OVO Fund, Bridgetower Capital and Insignius Capital.
Multi-Chain IDO Partners
As the world becomes increasingly digital, it is imperative for both businesses and consumers to simply and securely use blockchain technology. We’re proud to partner with IDO platforms that understand the need for interoperability to ensure mass blockchain adoption.
“We expect a rapid rise of DeFi products and long-term NFT trends that require easy-to-use applications and technology to manage identities and personal assets. The Open Rights Exchange is uniquely positioned to seamlessly move Web 2.0 users onto public blockchains — changing industries from finance to gaming. We look forward to launching on Occam, Poolz and Scaleswap and leveraging the experience and connections that each team has with the Cardano ecosystem, Ethereum network and more,” says Open Rights Foundation Advisor Marc Blinder.
The Occam ecosystem is the first decentralized launchpad supported by official Cardano founding entities. Accommodating a vast range of fundraising profiles, OccamRazer will be the key that unlocks the Cardano ecosystem’s liquidity. The Open Rights Exchange will be adding Cardano to its cross-chain compatibility in Q4, so it was a natural fit to become a member of the Occam ecosystem.
Occam’s Head of Communications, Elliot Hill explains, “As a user of multiple applications built on the blockchain, it’s challenging to securely manage my identity and assets across each. Solutions that are built on the Open Rights Exchange, like ORE ID and ORE Vault, removes the complexity. We’re thrilled to see Cardano on the roadmap. We welcome the Open Rights Foundation to the Occam ecosystem, and look forward to the IDO.”
Poolz is a decentralized cross-chain IDO platform, built on top of Web 3.0 network. With partners like Polygon, Avalanche, Nervos and more, the Open Rights Foundation joins an ecosystem of blockchain experts.
“We’re very positive about the Open Rights Foundation’s future. The seasoned team of industry players fits well into the Poolz network. Like the Open Rights Foundation, we believe in a decentralized and cross-chain world. The Open Rights team is making this possible,” explains Poolz CEO Guy Oren.
Scaleswap is the next-generation IDO launchpad using Ethereum Layer 2 scaling and is powered by Polygon. Scaleswap has an experienced team led by entrepreneurs in the space, a loyal community and an ecosystem of partners and backers.
“We’re pleased to add the Open Rights Foundation to the Scaleswap ecosystem. The future of Web 3.0 is made possible through the cross-chain compatibility of the Open Rights Exchange and the tools and applications built with this technology,” shares Chief Venture Officer, Nelli Orlova.
Stay up to date with all the latest IDO news and beyond:
About the Open Rights Foundation: Built by the Open Rights Foundation, in partnership with AIKON, the Open Rights Exchange is built to be simple to use and compatible with all chains. A single password — not a key — is provided as the entry to not just the Open Rights Exchange, but to all other chains including Ethereum, Algorand and EOS — with even more chains being added every quarter. Applications built on the Open Rights Exchange work across multiple blockchains and are able to easily connect to the off-chain world. Consumers manage all of their assets and rights under one account, instead of having pools of capital siloed on different blockchains and off-chain accounts.
About Occam.fi: The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.occam.fi.
Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to enable crypto projects to raise funds before listing. The Poolz platform has already integrated with many different blockchains and is in discussions with more than 10 of the biggest blockchain networks.
Scaleswap is the next generation IDO launchpad, harnessing the power of Ethereum Layer 2 scaling (backed and powered by Polygon). With a mission to set a new standard in DeFi, Scaleswap makes excessive gas fees a thing of the past and reimagines community appreciation and governance through a multi-dimensional scoring system (ScaleSCORE) that rewards loyalty and dedication to our launch partners. If you’re inspired by an IDO launchpad that serves and empowers everyone, everywhere, come join us.