OTC Space Airdrop Review: First decentralized OTC Market

About OTC Space Airdrop

OTC Space Airdrop is the first over-the-counter market protocol for cryptocurrency trades and transactions with no centralized authority. It is a new platform that allows users to trade cryptocurrencies or tokens that are otherwise unlisted or unavailable until the expiration of a lock-up period which is usually determined by the project teams.

OTC Space is giving away a total of 10,000,000 OTC & 1,000 BUSD to 710 lucky participants. Complete simple social tasks and submit your details to the giveaway form to get a chance to win up to 25,000 OTC or 100 BUSD each.

Step-By-Step Guide

1. Visit the OTC Space giveaway form.
2. Join their Telegram group.
3. Follow them on Twitter.
4. Subscribe to their Youtube channel.
5. Add “otcspace.io” to the end of your Telegram name.
6. Submit your Binance Smart Chain address and other details to the giveaway form.
7. A total of 710 winners will be randomly selected to win up to 25,000 OTC or 100 BUSD each.
8. The winners will be announced on July 14, 2021, at 00:00 UTC.
9. For more information regarding the giveaway, see this Medium article.

Participate in high yield OTC market

Fix your profit

Sell tokens of promising blockchain projects during lock-up period to hedge your risks.

Buy before it’s too late

Hurry up to get the tokens of top-notch projects before they are listed on exchanges after which the price moons.

Get Rewards

Earn rewards by providing liquidity.

Stay private

Maintain complete anonymity while trading and participating in community governance.

Feel safe

Have full control over the funds.

Be a Boss

OTC Space Airdrop is Decentralized organization and hasn’t CEO and other traditional managers. These roles are divided among the users.

How It Work

Trading

Trading on OTC Space is carried out in the form of deliverable futures.

Placing a Sell Order

Placing a sell order by a seller on OTC Space requires depositing a collateral that is equivalent to the amount of token to be sold in BUSD.

Placing a Buy Order

When a buyer wants to buy a token, no additional action is required other than click the buy button.

Transaction Expiration

The deliverable futures transaction expires after the end of the token lock-up period.

After Transaction Expiration

The seller forwards the token to the buyer and their collateral is returned to them.

And even More

OTC ERC-20 Swap

Allows ERC-20 tokens peer-to-peer trading securely and privately without any intermediaries or trading fees.

Escrow Trade

An unlimited range of applications and not limited only to OTC Space Airdrop digital assets trading.

Why OTC markets

In most cases, investors in ICO of blockchain projects don’t have access to their token immediately after the ICO. These tokens often stay locked and untradeable until the end of the token lock-up period, which is usually determined by the project’s. Because of this wait period, investors usually find means to hedge risks and fix their profit while waiting for the lock-up period to end.

Platform Governance

OTC Space Airdrop is a DAO and the activities of the platform are controlled and governed by its community. It is completely decentralized, and $OTC token will govern it. Holders of the token will have voting rights and power based on the amount of tokens they hold and they can debate, propose, and vote on all changes to OTCSpace platform.

This will allow the network to be upgraded by anybody with a good idea of how the platform can function better and they will be incentivized accordingly. For a proposal to go through, majority of the votes cast must be in favour. If there are more than two options, the one with the most votes win.

OTCSpace Competitors

This project is a novel idea in the blockchain/cryptocurrency industry and has no competitor at the moment. In the event of competition, they have well defined strategies and unique value propositions that will give a competitive advantage and edge over others in the industry.

$OTC token

$OTC Space Airdrop Token is the native token of the OTCSpace Platform and here is a summary of some of it utilities:

1. To pay the fees charged on transactions.
2. To pay the fees charged on token transfers.
3. To cast votes and participate in the governance of the platform
4. Allocation and distribution