▪️Development

Development is the most important pillar and focus of the OTCBOT project and accompanying ERC-20 token. To set the tone on the capabilities of the developer and the team, we launch with a fully working base product, which can be clarified as a v1 Telegram Bot. After our initial launch, we however aim to add several functionalities to our platform. The initial updates, which we aim to add to our platform in the short- to medium-term after our launch, are highlighted in the Development Roadmap below. 1. Launch of Bot & Platform (26 November) On the 26th of November, we launch both the OTCBOT Telegram bot and the $OTCBOT ERC-20 token simulteanously. The bot will be fully working for all investors at launch, and will be free of charge initially. More information about the workings of the bot and the fee structure can be found in the previous chapters of this Whitepaper. 2. Implementation of Fee Structures (2-5 weeks after launch) As detailed in the 'Cost Structure' chapter of this whitepaper, usage of the OTCBOT is initially free. After a few weeks, we start charging a market competitive 0.5% fee to all orders. After that, we introduce holder benefits, which will mean holders of the $OTCBOT token, given they hold a minimum amount of $1,000 worth, do not pay any fees. 3. Mini-markets (1 month after launch) Inspired by OTSEA's offering, we aim to give developers of tokens an easy functionality to implement their own 'mini-market' on their website. As such, developers can create a personalized environment where they themselves, or their holders can create offers of their token. A simple custom code will be provided for developers to implement this in their Telegram group. 4. Support Binance Smartchain (1 month after launch) While the $OTCBOT, at least initially, only trades on the Ethereum Mainnet, we do recognize the importance and popularity of the Binance Smartchain. As such, we aim to offer the services of the platform for users on the Binance Smartchain shortly after launch. As such, users can connect BEP-20 wallets and create and accept listings of BEP-20 tokens. The above development updates highlight the initial roadmap set out and formulated by the developer team. It is important to note that we understand the power of listening to the community and will adjust, alter and formulate our development roadmap as we gather feedback of the platform from our community. Moreover, these steps indicate just the initial utility updates. A web-based version of the OTC platform, as well as the support of other chains are amongst the other updates planned.