OST stands for "Open Simple Token". The OST software platform helps you gain competitive advantage with blockchain. Our signature product, OST KIT⍺, enables you to launch your own Branded Tokens backed by OST⍺ (also referred to as "$OST⍺").
OST KIT⍺ is built on the OpenST protocol. The OpenST protocol allows for the staking of $OST⍺ on Ropsten Ethereum against minting branded tokens on the OpenST network of side blockchains. You can learn more about the OpenST Protocol here.
OST KIT⍺ provides you with tools for designing, planning, minting, and managing your branded token economy. With our recent release of OST KIT⍺, along with other features, developers will be able to do the following with APIs:
- Setup transaction types for your Branded Token that are user-to-user, company-to-user, and user-to-company
- Define transactions in fiat value that use an OST Price Oracle to automatically adjust the price of your Branded Token
- Enable your company to collect fees for certain transactions
- Create Users
- Airdrop Branded Tokens to selected users
- Execute transactions
Quick Start Guide
To get started quickly, try the Ruby SDK Quick Start Guide.