OpenST

The OpenST Foundation is a non-profit Hong Kong membership company. The Foundation’s mandate is to support the OpenST protocol and to further the OpenST developer ecosystem.

OpenST is working on scalability and usability solutions for running high volume applications on Ethereum.

The OpenST Protocol enables building scalable blockchain token economies through the transposition of tokens via gateways between Ethereum and utility blockchains. The protocol also includes components that enable economy administrators to design token-economies to support their community and business goals.

OpenST Mosaic is a layer II protocol for scaling Dapps on Ethereum by running meta-blockchains on Ethereum to scale to thousands of transactions per second.

We're on a mission to help mainstream organizations benefit from blockchain technologies.

The OpenST Foundation is dedicated to supporting initiatives that further mainstream adoption of Blockchain technologies.

Founded in 2017, the OpenST Foundation provides support for the community and ecosystem. We fund ongoing development of the OpenST protocol for mainstream business tokenization, and supporting business development and marketing activities. We deploy financial and intellectual resources towards projects that can benefit the OpenST community and ecosystem.

OpenST Board Members

Allen Morgan

Allen Morgan

Director

Allen Morgan has been deeply-involved with technology startups for more than 35 years. He is an early-stage investor and startup advisor. He also serves as Managing Director, New Ventures Group, at Idealab, where he is on the Board of Directors. Previously, he was Managing Director at Mayfield Fund. Prior he was a partner at Latham & Watkins and Wilson Sonsini Goodrich & Rosati.

LinkedIn

Chris Dark

Chris Dark

Director

Chris is an experienced entrepreneur and investor in both B2B and B2C businesses. He was previously President International at C2FO, prior to this he held key leadership positions at Atomico, AOL (advertising.com) and Bain & Co. Chris is also the Founder of GameReplays.org, an early eSports community. He remains Vice Chairman APAC for C2FO, and is an advisor to Kenetic Capital and Oriente.

LinkedIn •  Twitter •  Medium

Daniel Weinberg

Daniel Weinberg

Director

Daniel has over 20 years’ experience in financial trading & technology. He was a Senior Partner of Optiver APAC and founding member of the Optiver Global Foundation board. He is also a member of the Derivatives advisory committee for the Hong Kong, Singapore and Korean Exchanges and an adviser to a number of businesses spanning multiple industries and jurisdictions.

LinkedIn

Jason Goldberg

Jason Goldberg

Director

Jason Goldberg is a veteran internet entrepreneur with a 18 year history of scaling products to millions of users. Since 2016 Jason’s passion has been to drive mainstream consumer adoption of blockchain technologies. Jason splits time between Berlin, Germany, Pune, India, and Hong Kong.

LinkedIn •  Twitter •  Medium

Nishith Shah

Nishith Shah

Director

After a year of traveling around the world, Nishith Shah has immersed himself into crypto-economics and blockchain technology. Nishith previously founded several consumer internet companies including Hem.com, Fab.com, Fabulis, Social Median, True Sparrow and Montred. Nishith is based in Pune, India.

LinkedIn •  Twitter •  Medium

OpenST Advisors

Trent McConaghy

Trent McConaghy

Advisor

Trent likes to build things that matter for humanity in the long term. He's working on democratizing data. This is via Ocean decentralized data exchange protocol & network, BigchainDB & IPDB blockchain database protocol & network, COALA IP protocol, and advising the Estonian E-residency program. His long-term goal is to help ensure that humanity has a role in an increasingly autonomous world.

LinkedIn •  Website

Brian Lio

Brian Lio

Advisor

Brian Lio is the founder and CEO of Smith + Crown. He is the Chief Research Adviser to the Digital Chamber of Commerce's Token Alliance and a Fellow at the Singapore University of Social Sciences. Previously, he founded the Bright Iron Group, a design, strategy and user experience consultancy based in NYC and has held positions at Microsoft and DDB.

LinkedIn

Rick Dudley

Rick Dudley

Advisor

President of Vulcanize, a firm providing decentralized applications with blockchain technical guidance, project management, and code & security audits; & Blockchain Architect for Omega One. Previously with ConsenSys, where he developed a patent in provably fair gaming and designed novel cryptographic protocols.

LinkedIn •  Twitter

Jehan Chu

Jehan Chu

Advisor

Co-founder and Managing Partner of Kenetic Capital (formerly Jen Advisors), one of the first Blockchain Venture Capital and Cryptocurrency Funds as well as Token Sale Consulting in Asia. An early investor in crypto-currencies, Jehan Chu founded Ethereum Meetup Hong Kong and grew it from 5 persons to over 1,100 and hosted >60 Blockchain events including Ethereum Founder Vitalik Buterin 7 times.

LinkedIn

Gil Penchina

Gil Penchina

Advisor

Gil Penchina is a serial entrepreneur and super angel. He was an angel in Brave, Ripple, Filecoin, Civic, EOS and in Paypal in 1999. He’s a frequent media contributor on Blockchain on TechCrunch and Medium. He is a co-founder at Pryze.com and Partner at Ridge Ventures. Previously co-founder of Fastly, CEO of Wikia, now a top 50 website and was a member of the pre-IPO team at eBay.

LinkedIn •  Twitter •  Medium

Sebastian Quinn-Watson

Sebastian Quinn-Watson

Advisor

Sebastian Quinn-Watson is a partner at Blockchain Global leading the Blockchain marketing and advisory business. He has advised on a number of successful and market leading projects such as Viberate (sold out in 45 seconds), Bankera (largest presale in history), Powerledger, Etherparty, Playkey.io, Airswap and others.

LinkedIn

Gary Nuttall

Gary Nuttall

Advisor

Gary is well recognised in the Blockchain / Distributed Ledger Technology arena, with particular expertise in the commercial insurance and legal sectors. He is a founding partner of Team Blockchain, a global virtual consultancy practice and sits on the TechUK DLT Working Group. He provides education, advisory and consultancy services through Distlytics Ltd, the consulting firm that he founded in 2016. He writes articles for magazines and thought leadership blogs on a number of emerging technologies, with a particular emphasis on blockchain.

LinkedIn

Mark Bonchek

Mark Bonchek

Advisor

Mark Bonchek is the founder and CEO of Shift Thinking and a faculty member of Singularity University. He has published over 50 articles in Harvard Business Review, including the first on branded currency in 2013. In 1997, Mark received Harvard's first PhD on the topic of social media. Mark helps organizations rethink how to engage customers, accelerate growth and transform markets.

LinkedIn •  Twitter •  Website

David Bohnett

David Bohnett

Advisor

David is a philanthropist, technology entrepreneur, and the founder of early stage private equity firm, Baroda Ventures.​ David began investing in digital currencies and crypto companies in 2014. An Internet pioneer, in 1994, David founded GeoCities.com, once ranked one of the four most trafficked websites in the world. GeoCities became publicly traded on NASDAQ and was acquired by Yahoo!

Website

Thomas Power

Thomas Power

Advisor

Cutting edge Board Member to numerous companies involved with Bitcoin, Ethereum, and Ripple, deeply connected in Silicon Valley, NYC, London, Australia, New Zealand with over 200,000 Twitter followers since March 2007. Raised and sold over £1bn since 1980. Focused on AI Big Data Bitcoin Blockchain Crypto Ethereum FinTech ICO SaaS Social Media Tokenomics ...very Geeky, Social and Likeable.

LinkedIn •  Twitter

Adam Jackson

Adam Jackson

Advisor

Adam Jackson is a technology entrepreneur and investor obsessed with creating beautiful and intuitive software. Currently an active investor & advisor to early blockchain projects. Prior he was CEO and co-founder of Doctor On Demand. Previously founded DriverSide and MarketSquare. Angel investments include: Bolt, Placer, Aktana, Rapportive, MyTime, Automatic, Womply, Superhuman and Zenefits.

LinkedIn

Matt Chwierut

Matt Chwierut

Advisor

Matt Chwierut is the Research Director at Smith + Crown. He guides a research team in evaluating new cryptocurrency protocols, authoring briefing memos on key emerging topics, and reviewing countless white papers and is a Fellow at the Singapore Institute of Management. He holds degrees from University of California Berkeley and Stanford University.

LinkedIn •  Website

OpenST Protocol

OpenST Protocol v0.9.0 released in Q4 2017 presented a proof for staking crypto assets on Ethereum towards minting Branded Tokens on public sidechains.

OpenST Protocol v0.9.1, released in Q4 2017, enabled software developers to build applications on OpenST and to further the Protocol.

OpenST Protocol v0.9.2 released in Q1 2018, enabled token transfers between BT holders and provided REST APIs for OpenST.

OpenST Protocol v0.9.3 released in Q3 2018, decentralized the Gateway between Ethereum and OpenST auxiliary chains, enabling any actor to move ownership across the gateway, transforming value tokens on Ethereum into utility tokens on the utility chains and back.

OpenST Protocol v0.9.4 released in Q4 2018 introduces TokenHolder Contracts, TokenRules Contracts, and Token Rules. This will enable user-friendly wallets, smart contract development, and token transfer experiences to be deployed for mainstream apps running on OpenST.

OpenST Mosaic

Openst Mosaic was first presented at ETH Berlin on 7 September, 2018 and then introduced worldwide at the Upbit Developer Conference on 13 September, 2018. The Mosaic Paper was published for community review on 11 October, 2018.

Mosaic is a protocol for scaling blockchain economies to billions of users. Mosaic builds on the work of Tendermint and Casper FFG, and introduces the concepts of meta-blockchains at layer-2 and atomic asynchronous messages between contracts on the origin blockchain and the meta-blockchains. As a result Mosaic can finalize thousands of transactions per second on Ethereum at a lower gas price.

Mosaic introduces a set of Byzantine fault-tolerant (BFT) consensus rules to compose heterogeneous blockchain systems into one another. Decentralized applications can use Mosaic to compute over a composed network of multiple blockchain systems in parallel.

OST Token Sale

The Simple Token "OST" ("ST" in Etherscan) sale was held from 14 November to 1 December, 2017. Tokens were activated on 19 December, 2017.

OST PURCHASED
261,070,175.3 OST
ETH RAISED
46,828 ETH
TOTAL PURCHASES
6871

Where to Buy OST

Did you miss the OST token sale? Here are some recommended places to purchase OST.

The OpenST Network Accelerator Program

Develop blockchain projects in the OpenST ecosystem

OpenST Network Accelerator grants are intended to support app developers and companies whose contributions benefit the OpenST ecosystem.

Here are some sample use cases:

  1. To support Companies who wish to launch their own Branded Tokens powered by OST. Such grants could help them fund their development and implementations, incentivize and reward their developers, provide some of the OST “stake” to kickoff their token economy, and to provide some airdrop tokens to their customers to help spur initial adoption.
  2. To developers working to build on and expand the capabilities of OpenST and to create software modules and solutions to help companies manage their token economies. Examples could be: KYC-as-a-service, analytics, monitoring, notifications, and economy visualizations.
  3. To designers offering proposals for wallet skins, token branding, and other user experience enhancements.
  4. As bounties for contributors to the ecosystem.

OpenST Accelerator grants can be provided to companies of all sizes, even startups with just an idea. Grants can be provided to the company, project teams, or directly to individuals in support of their contributions. Connect with us at info@openst.org.

Security Auditors