Odyssey (OCN) Analysis
Market Cap
$1,817,732 USD
Volume (24h)
$289,543 USD
Top cryptocurrency services
Odyssey investment analysis
Odyssey is a peer to peer ecosystem intended to expand upon the sharing economy. In recent years, services like Uber and AirBNB have enabled people to earn their own piece of income from renting out their stuff, or even their time to complete tasks. However, many providers are becoming displeased with these centralized entities and the larger and larger piece of the profits that they are taking for themselves.
To that end, a decentralized marketplace is likely the way of the future. By utilizing the blockchain and smart contracts, users will be able to connect with each other, and then create their own trustless agreements by utilizing various IOT devices.
The company has made some powerful partnerships with Obike, Amazon Web Services, IBM, Tron and more to bring their project to reality. The underlying token itself is the gas that powers this economy. It pays those who contribute their services to the network, it pays developers who make apps, and those who would like to utilize these services will need to pay using these tokens.
This creates a real use case for the asset, and it could increase the attractiveness of your Odyssey investment knowing that there is a real reason for people to wish to acquire it other than pure speculation on the success of the platform.
How to buy?The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy Odyssey?
There are a large number of exchanges upon which investors can buy Odyssey. Some of these options are unusual, but there's plenty of volume there to execute a trade. The highest volume trading pairs here are for Bitcoin, the US Dollar Tether, and Ethereum, and any of these will make a fine choice for trading.
OCN is an ERC20 token, and that means investors will need to utilize a compatible Ethereum asset wallet in order to store their investment safely. There are many great options here, and as long as you choose a reputable wallet, you'll be in good shape.
If you need a suggestion, then you could try Meta Mask, or a Ledger hardware wallet if you'd prefer a safer cold storage option. If you plan to make a large purchase, then this may be the best choice. In any case, make sure that you write down your wallet seed, and that you store it in a safe place in the event of failure, loss or theft of your host device.
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