About OST
OST (OST) is a cryptocurrency and operates on the Ethereum platform. OST has a current supply of 800,000,000 with 0 in circulation. The last known price of OST is 0.00013109 USD and is up 0.00 over the last 24 hours. It is currently trading on 5 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
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Max Supply
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Total Supply
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Performance
Popularity
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Dominance
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Volume (24H)
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Volume (7D)
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Volume (30D)
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Price Change (1Y)
Additional info about OST
Recent trends
The latest OST price is $0.000380.
Market details
OST vs markets
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OST vs BTC
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OST vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x2C4e8f2D746113d0696cE89B35F0d8bF88E0AEcA |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000380 | NaN% |
1 Day | $0.000371 | 0.00% |
1 Week | $0.000234 | 0.00% |
1 Month | $0.000159 | 0.00% |
1 Year | $0.000309 | 0.00% |
FAQ
The Open Simple Token (OST) protocol was created to support crypto in mainstream consumer applications. Mainstream consumer applications can use the OpenST platform for a simple, integrated development experience to tokenize and build economies through their user base. The OpenST was built on the active work of great teams in the decentralized space. According to the whitepaper, the OpenST platform allows companies to stake Simple tokens on the Ethereum mainnet to create branded tokens for consumer applications.
Building on OpenST enables participating companies to benefit from network effects that are more difficult for companies to achieve otherwise. Both the company and its end users reap these benefits. By being part of the open network, end-users can earn and spend seamlessly between different consumer applications.
Simple Tokens address user experience issues, currently slowing the mainstream adoption of cryptographic security tokens, thus enabling crypto-economics in consumer applications. A meaningful solution to this problem requires a coordinated economic, legal, and technical engineering effort provided by OpenST.
OpenST operates as a nonprofit organization and manages the development of the OpenST protocol. The platform also performs high-level guardian tasks on protocol instances associated with simple ERC20 tokens on public Ethereum.
Simple Token is the native token of the OpenST protocol. Simple Tokens can be used as collateral for valuable crypto assets to mint utility tokens. In addition, Simple Token serves as the base token on the utility chain for calculating gas (fees) consumption.
The OpenST protocol creates a bridge between two blockchains for different purposes. A value blockchain is necessary to hold cryptographically protected valuable assets and a utility blockchain with utility tokens on which the assets are held. Utility chains need to support lower transaction fees and lower transaction confirmation times than value chains. The OST platform enables micro-transactions in mainstream consumer applications using utility tokens.
The token generation event for Simple Token was completed in the first milestone on November 7, 2017. The second milestone chalks the active support and engages with third-party developers to build on the OpenST protocol and create software and tools that provide a rich user experience. Milestone three marks the integration of mature decentralized scaling technology into OpenST to support an open platform where over 10,000 member companies can tokenize their existing mainstream consumer applications.
We update our OST to USD currency in real-time. Get the live price of OST on Coinbase.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
OST news
Social stats
Popularity in posts
#966
Contributors
5,375
Posts
9,991
% About OST
0.04%
Hold times
0 days
X (Twitter)
44.37% bullish
Sentiment
3.8 ★
Highlights
5,375 unique individuals are talking about OST and it is ranked #966 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, OST has an average sentiment score of 75 out of 5. Finally, OST is becoming less newsworthy, with 0 news articles published about OST.
On Twitter, people are mostly neutral about OST. There were 46.35% of tweets with bullish sentiment compared to 4.48% of tweets with a bearish sentiment about OST. 53.65% of tweets were neutral about OST. These sentiments are based on 376 tweets.
On Reddit, OST was mentioned in 131 Reddit posts and there were 16760 comments about OST. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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OST calculator
1 OST (OST) to Canadian Dollar (CAD)
CA$0.000516
1 OST (OST) to British Pound (GBP)
£0.000280
1 OST (OST) to Real (BRL)
R$0.0021
1 OST (OST) to Euro (EUR)
€0.000329
1 OST (OST) to Singapore Dollar (SGD)
S$0.000487
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.