We prepared this guide to answer your Frequently Asked Questions about our ABC token. In it, you will find answers and directions to other sources of relevant information about OriginalMy and its projects.
1. What is the ABC token?
ABC is OriginalMy’s Anti-Bureaucracy Coin. It is an ERC20 utility token.
2. What can I use ABC for?
The ABC token has a number of uses, such as:
- Getting access to the applications and services available in the OriginalMy platform, such as contract signatures and the Blockchain ID.
- Getting discounts on our platform, either by paying for the applications and services with ABC (which gives you a 70% discount) or by holding them through proof-of-stake (which, depending on how many tokens you have, can give you a 100% discount).
- Buying products from our partner vendors, such as t-shirts and mugs at CriptoPlanet.
3. Will I get any money with ABC?
No, since it is a utility token designed only to give you access to the platform and its services.
Tokens that promise you any sort of monetary return on your investment are considered investment contracts, and thus security tokens, which means that they are regulated as a security and have to follow the rules of agencies such as the SEC, in the US, and the CVM, in Brazil. That is not our case.
Because of that, buying and/or holding ABC does not give you any ownership right or stake, share, equity, security, commodity, bond, debt instrument or any other financial instrument or investment carrying equivalent rights.
It also does not grant you any right to receive future revenues, shares or any other form of participation or governance right from, in or relating to OriginalMy.
For more details on this, please read the OriginalMy Blockchain Oü Terms and Conditions of Token Sale.
4. When was ABC’s ICO?
We never conducted an ICO (Initial Coin Offering), and nor are we planning to have one in the foreseeable future.
5. What is OriginalMy planning for the future of the ABC token?
As per our roadmap, we are planning to build a decentralized system of authentication, which will have the ABC as a reward both for users that give their data and for users or nodes who validate it. You can read more about it in our whitepaper.
6. What has OriginalMy accomplished so far?
OriginalMy is using blockchain to give access to justice to people in Brazil and abroad. We have been very successful in this work, as we have been recognized and awarded by the United Nations, the European Union, the governments of Estonia, Latvia, Switzerland, among others. We have participated in acceleration projects in top companies such as Google, Totvs and Accenture, in four different countries: Brazil, Estonia, Switzerland and USA (Silicon Valley).
We are, by far, the leading Brazilian company in blockchain, and one of the best and most respected in the world.
The Estonian Government, just as an example, jokes that we compete with them because we have developed (and are improving day by day) a governance system just like the entire Estonian government, only in the blockchain. The Brazilian government is copying our personal data wallet to collect, authenticate and distribute official documents using the secure, privacy-driven model we have developed. These are only two of countless examples.
OriginalMy was used in PhD and Masters studies around the world, and studied as a case at the Berlin Law School, for example. It has even been listed in a global report as one of the most important Blockchain Digital Identity companies, alongside some of the largest companies on the planet.
Laws were passed in Brazil through the tools created by OriginalMy, and we currently work so that thousands of people can exercise their rights. There are even judicial decisions in Brazil that recognize our platform as valid to collect evidence of online content to courts.
In Brazil, we were the pioneers that, since 2015, educated the entire market and paved the way with regulators and government so that the technology could be established.
OriginalMy is a solid, hard-working company. We never have and never will make false promises just to have more people buying the token, hoping to make money quickly on speculation. We prefer to do our work and bring real utility to ABC.
As our CEO always says: “OriginalMy is democratizing access to justice and building better governance for all.”
7. Where can I get ABC?
Additionally, OriginalMy periodically promotes bounty programs, in which users can earn ABC tokens by completing the designated tasks.
8. What are the token metrics?
- Total Supply: 200,000,000
- Circulating supply: 6,000,000
- Token Contract Address: 0xafd75caff5c1d402cbf3692e289775438df6a9f0
9. In which jurisdiction is OriginalMy and which rules govern the ABC?
OriginalMy is based in Estonia and all matters relating to the purchase and use of ABC are governed by Estonian laws.
10. Where can I find more resources about OriginalMy and the ABC token?
You can follow our social media channels:
You can send us an e-mail at firstname.lastname@example.org.
Our Marketing and Community Management team monitors our social media outlets regularly and will reply to your comments and questions on each individual platform.