中文 English -->
OnPlace Set to Decentralize the “Over-the-Counter” Investment Industry with their PATS Protocol
OnPlace are set to launch their TGE next month providing customers with an easy way to invest into a number of
companies from IT-related industries using business standards and cryptocurrency expertise.
OnPlace is a team of developers looking to create a decentralized investor community for customers to join allowing
for closed Over-the-counter (OCT) assets to be introduced to the market turnover and to create liquidity for them
as well. OTC investments can be a complicated process in itself, nevermind knowing which industry to focus on.
OnPlace will create opportunities for investing into funds of the fastest growing tech companies around the world
with low entry thresholds for the average person to access.
OnPlace is aiming to provide all the tools necessary for customers to trade assets at their own will and freedom
without the unnecessary red tape that is usually accompanied by OTC investments. The transformation of shares
into tokenized smart contracts will be secure and guarantee customers shareholder rights.
“We can say with absolute certainty that investment into private IT companies has become one of the most reliable
ways to get a high return percentage on investments in a relatively short period of time. “
This team, headed by experts in the cryptocurrency domain alongside the investment industry want to provide
customers with a secure and accessible service which allows them to invest into successful companies through their
tokenization protocol called PATS. The company would like to focus primarily on the private IT industry which is
growing and incredibly significant industry in today’s market.
The concept of the Private Assets Tokenization System (PATS) protocol is to tokenize over-the-counter (OTC)
assets for customers to invest into. The protocol entails multiple steps firstly establishing a marketplace opportunity
window (MOW), following the MOW there is a selection of projects to be tokenized based on the criteria and
communal discussions of crypto-investors.
The next step is the tokenization of various projects that were eligible under the PATS protocol leading to the
circulation of the established PATS tokens. Lastly the tokens are supported during their life cycle which ensures a
complete decentralized control of the tokens under the control of the token holder community.
The commercial infrastructure for varying classes of assets and properties involves numerous complex components
which can be time consuming and hard to navigate through. The primary challenge for the OnPlace team’s
development of the protocol tokenization of investments into the shares of successful private companies was to
create a universal and scalable instrument. OnPlace wants to provide a transparent and safe solution in the OTC
The use of the PATS protocol solves the issues around the OTC investment field by securing and standardizing a
channel of account management based on smart contracts. Furthermore the decentralization of audit and
participants’ decision-making and through the integration of management principles directly into the asset itself
will open potential access for everyday people of the world to purchase OTC assets which is often a daunting
Investing in private company shares can have a minimum investment fee of up to $10,000 whereas the PATS
protocol allows for a minimum of $1 allowing users much more flexibility in investing funds. The transactions fees
will be considerably lower than rates that can be as high as 5% whereas OnPlace will charge rates of 0.05-0.2%
saving money for customers to invest with more capitol.
Access to information is a huge issue for everyday citizens so OnPlace want to provide all the financial information
possible to help customers on their path to investment. The exiting process and liquidity of an asset can prove
long and troublesome which OnPlace guarantees will be easy and efficient for customers to process. These
features will help relieve customers of the usually difficult experience of investing in private company shares
transforming investing as we know it.
Following its creation in 2016 OnPlace has opened up an office in Moscow where only a few months later had
successfully registered in the US and opened a corporate bank account with a self-funding of $200,000. By the
following year after establishing a team that developed an alpha version of their Ethereum Blockchain Contracts
launching a closed alpha for early investors. This allowed the company to attract over $1,000,000 with their first
wave of investors from a crowdfunding platform.
This success led to an office expansion on US and Hong Kong. The company is not done yet however, in 2018
they aim to open a TGE and by August of this year putting their coins into circulation. By January of 2019 the
fully featured service is predicted to launch decentralizing the investment industry which is a truly fascinating
phenomena to be part of.