As OTIA continues to evolve, we understand that our multi-chain strategy and hybrid web approach may raise questions. Here, we address some of the most common FAQs to provide clarity on our decisions and operations.
1. Why Are There Two Tokens on Two Different Chains for One Project?
OTIA initially launched on Hedera due to its fast transactions and low fees. With many of our projects involving transactions, minimizing costs was crucial. However, after a few months, it became evident that Hedera, despite its advantages, didn’t have the same level of community engagement as other top networks like Solana (SOL).
To foster growth and leverage a larger user base, we decided to expand to SOL. Solana not only offers affordable transaction fees but also boasts a significant and active community.
2. Are Both Networks Legitimate?
Yes, both Hedera and Solana are legitimate networks. We ensure transparency by showcasing this information across our X page, website, Telegram, and Discord. Each network has its own unique features. For example, Hedera offers rewards for locking and reinvestment of company income into the project.
Solana's launch is newer, and we are still evaluating its features and functionalities. We plan to introduce new features on SOL based on observations and risk assessments to ensure sustainability and encourage token holding.
3. Is the Software a Web 2 or Web 3 Application?
Our software employs a hybrid approach. While our website operates primarily as a Web 2 platform, it includes a Web 3 module that allows users to connect via their wallets and perform various operations. Currently, this module is being updated to support both Hedera and Solana wallets.
For our applications, if crypto payments are required, we utilize a Web 3 approach; otherwise, the software remains Web 2. We recognize that Web 2 remains more familiar and user-friendly for most people, so we adopt Web 3 features only when necessary.
4. Which Chain Does the Web 3 Software Operate On?
As mentioned, our software initially supported only Hedera, but we are expanding to include Solana. This update will make our software functional on both chains, ensuring broader accessibility and functionality.
5. Why Are There So Many Wallets in the Top 50, and How Is This Achieved?
The presence of numerous wallets in the top 50 is a common occurrence in many projects, especially during presale phases. It's important to note that the market is open to anyone, and tokens can be freely bought and sold. Our team holds a significant portion of tokens, and we will soon publish a list of our wallets to ensure transparency. This will allow you to verify the percentage of tokens we control.
6. Why Does One Wallet Show a Large Purchase and Sale Without Previous Transactions?
This is typical of Moonshot projects. Wallets associated with presale buyers often exhibit such behavior. During the presale, transactions may not be visible, and wallets might show large buys and sells due to the nature of Moonshot investments. This pattern is common and can be seen in similar projects.
7. How Will the Tokens from Two Chains Be Used if Not for Software Development?
The funds from our tokens may be used to support the growth and expansion of our company. Decisions on the utilization of these funds will be made through global voting by the community. We will provide detailed plans and proof of expenditure to ensure transparency and community approval.
For instance, our software's global sales strategy involves offering up to 50% commission to resellers, which means tokens can help support a network of sales managers worldwide. This approach aims to create a self-sustaining model where resellers are incentivized based on their sales performance.
By addressing these FAQs, we hope to provide a clearer understanding of OTIA’s strategic choices and operational methods. For further details or inquiries, feel free to connect with us through our official channels.
🔗 Connect with us:
X: [https://x.com/OTIAAPP](https://x.com/OTIAAPP)
Web: [https://otia.app](https://otia.app) | [https://otia.ai](https://otia.ai)
TG: [https://t.me/otiasol](https://t.me/otiasol)
Discord: [https://discord.com/invite/8UeQP9kNYK](https://discord.com/invite/8UeQP9kNYK)
