On our Platform the safety of your tokens is paramount. That is why we created “Vault 11” - a high profile escrow solution designed to protect ONL tokens and encrypted using the latest cryptographic technology.
Say you want to have your one-to-one online guitar lesson through the OnLive Platform. You log in, book available time of your class, and make ONL payment. Your tokens do not directly go to your guitar teacher as they are deposited in Vault 11. They are now in escrow which means that they go to the seller only if the service is successfully completed. Otherwise you will get your ONL back. Therefore, Vault 11 ensures everyone gets what they are due at essentially the same time.
Yes it can!
As you probably know from our Whitepaper we have issued 111,000,000 ONL tokens which are assigned for different purposes as specified below.
The commercial success of OnLive is driven mainly by the steady growth of users, content producers and processing power providers in the biggest markets. The company will focus on scaling the business in the US, UK, Brazil, Japan, China, Russian and Korea markets. The scale of expanding the core business depends on the financing to be raised.
OnLive will make the decision about expanding into the markets taking into consideration such metrics as Monthly Recurring Revenue (MRR), Cost of Customer Acquisition (CAC), Recurring Costs of Service (RCS) and time to profit on each of the analysed markets.
Expansion of the growth of the OnLive Platform will be based on above mentioned Key Performance Indicators (KPIs).
All tokens which are not assigned for Pre-ICO and ICO are subject to certain additional lock-up periods. The lock-up is possible to maintain thanks to our escrow solution - Vault 11