About Osmosis Airdrop
Osmosis Airdrop is the first over-the-counter market protocol for cryptocurrency trades and transactions with no centralized authority. It is a new platform that allows users to trade cryptocurrencies or tokens that are otherwise unlisted or unavailable until the expiration of a lock-up period which is usually determined by the project teams.
OTC Space is giving away a total of 10,000,000 OTC & 1,000 BUSD to 710 lucky participants. Complete simple social tasks and submit your details to the giveaway form to get a chance to win up to 25,000 OTC or 100 BUSD each. OTC Space is a limit breaking protocol lets you Buy and Sell digital assets during lock-up period.
| Platform | Total Value | Max. Participants | Website |
|---|---|---|---|
| Binance Smart Chain | 10,000,000 OTC & 1,000 BUSD | Unlimited | Click Here To Visit |
Problems of OTC Markets
Traders need to do large transactions without KYC
Carrying out large transactions on exchanges requires different level of KYC and submission of personal information. Doing this makes such individual susceptible to risk of identity exposure which is absent in the OTC market.
Zero safety
The major marketplace for OTC trading are social media platforms, groups, chats and forums. In most cases, they predispose transacting parties to risk of fraud.
Financial wild west
Prices are characterized with lawlessness and zero regulation. OTC market does not depend on traditional market forces like demand and supply. Rather, it depends on the discretion of the buying and selling party and it can be extremely different from one buyer or seller to another.
Failure of supply
After the expiration of the token lock-up period, a seller can decide to back out from the deal, especially if the price goes higher than it was initially set during the terms of transaction with the buyer.
Time
A lot of time is spent on searching for who to transact with and discussing the terms of transaction such as price and escrow.
OTCSpace Competitors
This project is a novel idea in the blockchain/cryptocurrency industry and has no competitor at the moment. In the event of competition, we have well defined strategies and unique value propositions that will give us a competitive advantage and edge over others in the industry.
How It Work Osmosis Airdrop
Trading
Trading on OTC Space is carried out in the form of deliverable futures.
Placing a Sell Order
Placing a sell order by a seller on OTC Space requires depositing a collateral that is equivalent to the amount of token to be sold in BUSD.
Placing a Buy Order
When a buyer wants to buy a token, no additional action is required other than click the buy button.
Transaction Expiration
The deliverable futures transaction expires after the end of the token lock-up period.
After Transaction Expiration
The seller forwards the token to the buyer and their collateral is returned to them.
Seller’s transaction failure
If the seller failed to meet up the initial selling agreement, collateral they deposited in the smart contract is made available to the buyer.
Escrow Trade
An unlimited range of applications and not limited only to OTC digital assets trading.
And even More
Participate in High yield OTC Market
Fix your profit
Sell tokens of promising blockchain projects during lock-up period to hedge your risks.
Buy before it’s too late
Hurry up to get the tokens of top-notch projects before they are listed on exchanges after which the price moons.
Get Rewards
Earn rewards by providing liquidity.
Stay private
Maintain complete anonymity while trading and participating in community governance.
Feel safe
Have full control over the funds.
Be a Boss
OTC Space is Decentralized organization and hasn’t CEO and other traditional managers. These roles are divided among the users.
Platform Governance
OTCSpace is a DAO and the activities of the platform are controlled and governed by its community. It is completely decentralized, and $OTC token will govern it. Holders of the token will have voting rights and power based on the amount of tokens they hold and they can debate, propose, and vote on all changes to OTCSpace platform.
This will allow the network to be upgraded by anybody with a good idea of how the platform can function better and they will be incentivized accordingly. For a proposal to go through, majority of the votes cast must be in favour. If there are more than two options, the one with the most votes win.
$OTC Token
$OTC Token is the native token of the OTCSpace Platform and here is a summary of some of it utilities:
- To pay the fees charged on transactions
- To pay the fees charged on token transfers
- To take part in the liquidity pool
- To cast votes and participate in the governance of the platform
- Allocation and distribution